The United States appears poised to return to its glory days of oil production, making oil and gas companies very attractive right now, CNBC's Jim Cramer said Thursday.
U.S. oil production recently reached 8.4 million barrels a day. Cramer thinks the number of barrels will soon spike, however, given the activity in oil-rich shale deposits in North Dakota, Ohio, Pennsylvania and Texas, among other areas.
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"I think we will take out the 1970 benchmark. We will soon be doing 10 million barrels," Cramer said on "Squawk on the Street." "We are importing so much less oil [than] we used to. It's a feel-good story that I insist on."
—By CNBC's Drew Sandholm.
DISCLOSURE: Cramer's charitable trust does not hold positions in any of the stocks mentioned.