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Jul.07
10:04 PM ET
Monday, 7 Jul 2008
Natural Gas: Super Hot or Overheated?
Posted By:Brian Beers
Topics:Energy | Natural Gas | Stock Picks | Stock Market
Companies:RAM Energy Resources Inc
Cramer has been saying since last year that 2008 would be the year of natural gas, and he still believes the commodity has a lot higher to go.
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Jim talked to Larry Lee, the founder, chairman and CEO of RAM Energy Resources [RAME
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], one of the oil and natural gas wildcatters featured on the show a couple of weeks ago with exposure to the Barnett and Devonian shales.
The stock is flat since Cramer recommended it but it's up 13% year to date and 4.8% year over year. The company plans to drill like crazy, and is about 40% exposed to natural gas.
Who better to help us figure out the prospects for the group.
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