Natural gas production is booming -- so much so that some investors worry that natural gas could be the most dangerous investment in energy.

I disagree, but investors must realize that the huge growth in production is keeping natural gas prices really low. The disparity between oil and natural gas has widened to huge levels, prompting producers to follow SandRidge Energy's (NYSE: SD) example of switching its production from natural gas to oil. While there will be pain before there are large gains, there are good opportunities in natural gas for investors willing to look.

Below, Chesapeake Energy (NYSE: CHK) has produced a video on the history of natural gas.