Nat-Gas ETFs For Obama Speak

President Obama was out with comments this morning highlighting an ambitious plan to curb America's addiction to foreign oil. In fact, the President went so far as to say he wants to see U.S. oil imports pared by a third over the next decade. Obama isn't the first president to make such remarks and all before him, regardless of party, have failed in their attempts to reduce U.S. exposure to foreign oil. Maybe things will be different this time around and they very well could be with the specter of $4 gas staring many consumers in the face. Hopefully, the President will be successful on this front and if he is, these are the natural gas

you'll want get acquainted with. 1) First Trust ISE-Revere Natural Gas Index Fund

: FCG is probably the best ETF as far as plays on natural gas equity ETFs go. Hey, it's also a far better bet than that waste of time known as the U.S. Natural Gas Fund

. FCG holds 31 stocks with an expense ratio of 0.6%. As First Trust does with many of its ETFs, FCG is diverse in that no holding accounts for more than 3.75% of the ETF's weight. 2) iShares Dow Jones U.S. Oil & Gas Exploration & Production Index Fund

: IEO has been on fire for months now, primarily due to its oil exposure, but look closely at IEO's top holdings, specifically Nos. 2-5. That's Apache

, Anadarko Petroleum

, Devon Energy

, EOG Resources

and Chesapeake Energy

. All offer significant nat-gas exposure tempered with plenty of oil exposure. It's like the best of both worlds with this ETF. 3) SPDR S&P Oil & Gas Exploration & Production ETF

: This 71-stock ETF is much like FCG in that its allocation is well spread-out. XOP's top holding Gulfport Energy

accounts for just 1.8% of the ETF's overall weight. XOP also offers the oil AND gas theme that IEO offers. Plus it combines more obscure names like Gulfport with nat-gas heavy hitters like Chesapeake and Exxon Mobil

. Plus, the expense ratio if just 0.35%. Deciding between all three of these funds may seem tricky and it's probably not necessary to own all three at the same time. On the upside, natural gas has an important friend in legendary energy investor T. Boone Pickens and any of these three ETFs will get you exposure to some of his top holdings at BP Capital Management.