Thursday, April 13, 2006

Boo-yah peak oil, skee-daddy.

I dunno but I think my version was funnier.

I would be lax if I didn't point out that Jim Cramer and Pat Dorsey have now both waxed poetic on THX and EPL [see link and below].

What is the world coming to?

LOBG: Obligatory Jim Cramer Homage.


"You smell that? Do you smell that?...

Napalm, son. Nothing else in the world smells like that. I love the smell of napalm in the morning.

You know, one time we had a hill bombed, for twelve hours. When it was all over I walked up. We didn't find one of 'em, not one stinkin' [ short's ] body.

The smell, you know that gasoline smell, the whole hill.

Smelled like... victory."


Oil is a precious resource. Not only that, but oil runs the world. Everybody needs oil. Now there are hints we are nearing a peak in oil production. Oil may in fact be getting a little harder to find.

versus: Cramer's 'Mad Money' Recap: Crude Awakenings.


Hitting Pay Dirt

Jim Cramer had a hunk of burning love for all things oil on his "Mad Money" TV show Thursday, pressing the issue that the price of crude is sky-high but that all the stocks aren't rising with it.

The crude price being used is way too low and Cramer wants to help you "get revenge for how much you're paying at the pump."

Right now we are drilling twice as much as we were a few years back, but we're finding the same amount of oil that we used to, Cramer said. We are running out of the easy oil to find, and oil will be going higher.


Swing Your Partner

In other oil plays, Cramer said that Energy Partners (EPL:NYSE - news - research - Cramer's Take) is one of the greatest buy opportunities since he started "Mad Money."

Energy Partners is a company that is most levered to finding new oil, and there's nothing more important than getting to new oil.