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Oil's Wheels Get Greased
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The notion of crude going down big hinges on factors that won't work.



Jim Cramer
TheStreet
.com

Top Market Analysis and Investing and Trading Ideas from over 35 of Wall Street’s Best Minds including portfolio managers, traders and journalists – Try it 30 Days FREE - Click here!

Crude works. The whole notion of crude going down big is predicated on OPEC cheating, alternatives that can take hold and cheap, low-cost finds.

None of these is happening. Not one. We have no low-cost options even near us, despite the political nonsense we hear spewed by everyone.

The low-cost finds? Nuclear power? Let's stop kidding ourselves. For four years this….

 

 

 

Click here to continue reading this article (ask questions) and receive 30 days FREE to all of TheStreet.com RealMoney, which features top market analysis and investing and trading ideas from over 40 of Wall Street’s Best Minds including portfolio managers, traders and journalists.


James J. Cramer is a director and co-founder of TheStreet.com, Inc. and author of Action Alerts PLUS. He founded the hedge fund now known as Cramer Berkowitz and Co., which he ran until the end of 2000.

Cramer was a founder and former columnist for SmartMoney magazine and helped found The American Lawyer. He is a frequent contributor to Time magazine and has written about the stock market for New York magazine.