Cramer’s been criticizing the White House about its lack of support for natural gas – a cleaner, more plentiful fossil fuel than crude oil – but President Obama’s got nothing on Australia.
That country earlier this month announced a new “resource super profit tax” on the Australian miners, and it has killed the related stocks. Australia’s largest publicly traded oil and gas exploration and production company, Woodside Petroleum, symbol WPL on the Australian Securities Exchange, is now just $2 above its 52-week low.
The catch, though, is that WPL might not even be affected by the tax, which is why Cramer invited CEO Don Voelte onto the show. What does this mean for one of the world’s leading producers of liquefied natural gas? And what’s the state of nat gas across the globe? Watch the video for the full interview.
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