Cramer's Bears Are Wrong On Oil Selloff
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Date updated:05-15-2008

"So much for the oil selloff. Remember that? Remember how the bears were saying the run was over? They will be back again on either a high inventory oil or nat gas number. I urge you not to listen to their sirens until we get to $150. Then I am all ears, because at that point, plants-based ethanol is cheap and solar panels are like Saudi Arabia." - Jim Cramer

symbol name last price % change open
  • +
  • OXY
    Occidental Pet
  • $78.65
  • -1.87%
  • $80.99

Look at these stocks. Look at an Occidental (OXY) or a Conoco (COP). These companies are printing money.

People owning OXY also tend to own: APCAPPAUYAVNXBMDCBICOLM

TheStreet.com Rating: B What is this?

  • +
  • COP
    Conocophillips
  • $50.66
  • -1.00%
  • $51.75

Look at these stocks. Look at an Occidental (OXY) or a Conoco (COP). These companies are printing money.

People owning COP also tend to own: AAALLAPCBUDCVXDOWGSK

TheStreet.com Rating: C- What is this?

  • +
  • OI
    Owens Illinois
  • $30.81
  • +1.02%
  • $31.00

Now, also think about natural gas, as I mentioned before, and go back to what the Owens Illinois (OI) CEO said: It is getting hard to get.

People owning OI also tend to own: DUKTWMCWINAHRAINVBACCG

TheStreet.com Rating: C+ What is this?

  • +
  • UPL
    Ultra Petroleum C
  • $46.37
  • -0.02%
  • $47.30

We don't want shortages of any fuel as that cuts to reliability, but it is important for a piece of the puzzle to buy Ultra Petroleum (UPL), Southwestern (SWN), Devon (DVN), Chesapeake (CHK), or the obvious XTO (XTO), Apache (APA) and Anadarko (APC) on any weakness.

People owning UPL also tend to own: MTXXRSHRTKUNHUSGCRSALNY

TheStreet.com Rating: C- What is this?

  • +
  • SWN
    Southwestern Ener
  • $42.95
  • -0.30%
  • $43.52

We don't want shortages of any fuel as that cuts to reliability, but it is important for a piece of the puzzle to buy Ultra Petroleum (UPL), Southwestern (SWN), Devon (DVN), Chesapeake (CHK), or the obvious XTO (XTO), Apache (APA) and Anadarko (APC) on any weakness.

People owning SWN also tend to own: BZHGSFMCFVLOWHTCSCODVN

TheStreet.com Rating: C+ What is this?

  • +
  • DVN
    Devon Energy Cp (
  • $66.16
  • -0.15%
  • $67.01

We don't want shortages of any fuel as that cuts to reliability, but it is important for a piece of the puzzle to buy Ultra Petroleum (UPL), Southwestern (SWN), Devon (DVN), Chesapeake (CHK), or the obvious XTO (XTO), Apache (APA) and Anadarko (APC) on any weakness.

People owning DVN also tend to own: AAPLBACBBYBGTCSCOCTSHDEO

TheStreet.com Rating: C- What is this?

  • +
  • CHK
    Chesapeake Energy
  • $22.57
  • -2.00%
  • $23.45

We don't want shortages of any fuel as that cuts to reliability, but it is important for a piece of the puzzle to buy Ultra Petroleum (UPL), Southwestern (SWN), Devon (DVN), Chesapeake (CHK), or the obvious XTO (XTO), Apache (APA) and Anadarko (APC) on any weakness.

People owning CHK also tend to own: AHMAIZALBAMPAVTAXCABBI

TheStreet.com Rating: C- What is this?

  • +
  • XTO
    Xto Energy Inc
  • $40.96
  • -0.85%
  • $41.83

We don't want shortages of any fuel as that cuts to reliability, but it is important for a piece of the puzzle to buy Ultra Petroleum (UPL), Southwestern (SWN), Devon (DVN), Chesapeake (CHK), or the obvious XTO (XTO), Apache (APA) and Anadarko (APC) on any weakness.

People owning XTO also tend to own: AAPLAPAAUYBPCCMECOP

TheStreet.com Rating: B What is this?

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