FEATURED SLIDESHOW
Who Is The Worst CEO?Mad Money needed new inductees for its
Wall of Shame, so we asked viewers for
nominations.
RECENT POSTS
- Cramer: Investors, Don’t Do This
- On Wednesday's Mad Money: Costco & Cypress Semi CEOs
- Lightning Round: Toyota, Ford, Colgate-Palmolive and More
- Lightning Round OT: Hudson City Bancorp, Duke Energy and More
- Is This the Next 3Com?
- John Mack: Hero of the Credit Crisis?
- Cramer: Buy This New Gold ETF
- Cramer Tackles Toll Brothers Report
- Lightning Round: Priceline.com, Citigroup, Transocean and More
- Lightning Round OT: STEC, ICICI Bank and More
MAD MONEY FEATURES
PODCASTSWatch the Lightning Round whenever and wherever you want.
OFFICIAL MAD MONEY WIDGETGrab this all-in-one application and get recaps of the show sent right to your desktop or blog.
CRAMERS SOUNDBOARDAdmit it: You've always wanted to hit the "They
know nothing!" button. Here’s your chance.
CHECK OUT OUR PHOTOSCheck out Cramer on set, back to school, behind the scenes and more.
SHOP FOR MAD MERCHANDISEBuy Cramer books, bobbleheads and other Mad Money merchandise.
RING TONESPick up the phone! It's Cramer! New Mad Money sounds for your cell phone.
TEXT MESSAGE ALERTMad Money's mobile. Get show highlights sent to your phone.
Text Size 
Don’t blame Wall Street speculators for that $4 a gallon gasoline. The way Cramer sees it the (what seems like) never-ending increase of prices at the pump is simply a matter of supply and demand. The global appetite for oil is up, old fields are running dry, and there haven’t been any new discoveries to replace them.
So there isn’t much average Americans can do about having to empty their wallets to fill their gas tanks. But everyday investors do have options – namely buying stock in those companies digging deep to find new sources of oil and natural gas. These names wouldn’t have worked when oil was at $10 a barrel – looking for oil in hard-to-find places wasn’t worth the money – but at $137 this sector’s firing on all cylinders.
Petrohawk Energy [HK
Loading...
()
], mainly a nat-gas driller, is a leader among these wildcatters. The company’s one of the lowest-cost producers in the group, Cramer said, behind only Southwestern Energy [SWN
Loading...
()
] and Ultra Petroleum [UPL
Loading...
()
], and could be sitting on trillions and trillions of cubic feet of natural gas in Louisiana and Arkansas.
Recent discoveries by other companies in Louisiana’s Haynesville shale sent those stocks higher, boding well for Petrohawk. And production in Arkansas’ Fayetteville shale should be much higher for the company this year than in 2007. The potential for such good business has Cramer thinking HK could climb as high as $48 from its present level of $35.
You’ve heard Cramer say this before: 2008 is the year of natural gas. So his favorites in the sector – Devon [DVN
Loading...
()
], Southwestern, XTO Energy [XTO
Loading...
()
], Apache [APA
Loading...
()
], Anadarko [APC
Loading...
()
], Chesapeake [CHK
Loading...
()
] and Ultra Petroleum – are all still on his buy list.
Keep checking back for Cramer’s other Wildcatter Week stock picks.
Jim's charitable trust owns Southwestern Energy and XTO Energy.
Questions for Cramer?
Questions, comments, suggestions for the Mad Money website?
Data is a real-time snapshot *Data is delayed at least 15 minutes