Cramer on BloggingStocks: Oil's plunge presents an infra opportunity

Buy now and buy often. Pres. Bush should be buying every drop of oil we can store. Then have B.O. continue.

I don't think we need a lot of oil tanks per se, costs a lot of time and money to make and weld all that steel. Should be able to pump crude into some older, geologically appropriate oil fields and store it that way. Wouldn't hurt if we started bolstering our own domestic production, shifted over what we can to Alaskan natural gas and ramped up nuclear power plant construction as well.

Buy it all. Get pension funds, hedge funds, out of the oil futures business. If you don't take delivery, are not in the oil/gasoline business, stay the hell out. No more commodities casino for the benefit of a few at the expense of the many. Let the big money make money the E F Hutton way: EARN IT.

This is the ranting of an OIL boy!! Instead of this invest in wind farms and solar since those are the real future! Our whole country could run on geothermal energy alone but idiots still push the OIL industry and their investment opportunity! Invest in the Future and forget this polluting, overpriced past!

What are the best investments to take advantage of low crude prices?

What nonsense! Can anyone imagine the government buying oil, building storage facilities for it and running all the infrastructure to mete it out in a time of shortage. Energy, even more so than now, would become a source of government largess and the usual corruption always associated with government enterprises. Imagine Cong. Waxman in charge of oil! Kramer has
taken leave of his senses!

It is absolutely comical to suggest building ships and tanks to store oil. While oil maybe at a long term low, it is obvious this suggestion is from someone who is clueless about the realities of stock piling crude oil. Anyone familiar with the term, "Naval Petroleum Reserves?" He must not be.

CRUDE OIL PRICE, Right Now, is Market Driven, and Not Really an Indication Of Further Economic Bad News.
It is True, Demand will Be Down, Considerably, For the Next 12 Months, But Most Of the Bad Economic News Is Either Out, Or Will Be, In The Next 30 Days.
DEMAND, A Part Of The Highest Prices Crude Ever reached, Was ALSO OVER ESTIMATED.
There is Now, And Will Be In the Future, all the CRUDE OIL The Market May Need, With No Shortage.
IF the USA Is To Solve it's Energy needs, It Must realize, that 2/3 Of all Fuel Consumed By Vehicles, Is COMMERCIAL VEHICLES, Not passenger Vehicles,
Here Is Where Technology, Can Be First Introduced, With Natural Gas Engines, And Hy--Breds, Etc.
TAX INCENTIVES For These Engines Is An Answer, AND TAX INCENTIVES To Scrap 10 Year old And Older Vehicles, To Encourage a New Market.For these Engines, Would Help
EMIL J KOVACH JR

Brilliant. what parts of : unsustainable, global environmental disaster, oil wars, financial disaster- don't these oil guys get???

Jim,

You are such an excitable boy! I can just picture you jumping up and down while screaming on Mad Money to buy!

However, it would be wise for the government and investors to make plans for the future while prices are down.

Here is the big problem. As an architect and investor that has worked with the government on such projects I can tell you that the facilities that you envision would come on line about the same time that you state the high prices will be back. Therefore the governments, and your good intentions would leave us with completed facilities just when we don't need them -- perfect timing.

A fast-track schedule would be 3 months to appropriate funds, 6 months to program the projects and get the contracts let. 12 months to design and permit the projects if they were on federal land (if not 3 years)12 months to build the projects, and 3 months to do final testing and inspections. There's your two years PLUS one.

Ken's Idea's make the most sense.

Investor's on the other hand should be looking at the companies you suggest because all of them will benefit from the push to solve our desparate infrastructure and energy needs.

whats this moron yapping about..I thought the Government wasnt in business to buy stuff..put this guy in a straight jacket...fast!

Whats to stop the oil companys from charging 3 or 4 bucks for a gallon of gas any time they want even with oil at less than 40.00 a barrel. Who could step up to them and say no if this happened tommorow. Most of us still need gas to go to work , get grocerys etc..This will be what happens next, they got it before , they will do it again..

try to conserve and let the camel jockey's starve.what a beautiful concept lol

I thought that the "Salt Dome's" in Texas were used for oil storage, I seem to remember that they were used in the 80's- 90's that way. nothing to build they are natural structures. Was the oil put into the Texas salt domes sold at the "sopt market" price high's?
It is a joke that the oil companies pretend that the entire oil supply is purchased at the "Spot Market price", for delivery in 90 days. Oil comapnies buy on 25/50/99 year lease's not the spot market, there are oil wells in Texas/California/Louisianna for which the oil companies are paying $4.50 a barrel for the oil being pumped. Why have the oil companies been reporting the largest ever profits, by any company, every quarter since the run-up in the "spot market prices"? Greed is the driving factor in the price of oil not production prices.

i guess with all the new oil containment, we'll need security for it, so the terrorists couldn't set it on fire. i look at the jet fuel farms in honolulu, and anyone could get to them and do what they like. how do you think we should protect all of it? wind farms and other dopey projects aren't going to work. how much land do you need for our 'real' power needs? it's not efficient. electric cars? yeah, no gas... but they need to be plugged in. so where does that energy come from? your local power plant, that uses oil, coal, gas, or nuclear.

Who gives a crap what this idiot has to say!

I'm laughing hysterically right now. Cramer realize the oil volume we use every day? These "tanks" and "tankers" would be massive and in the hundreds of thousands in number! We do have reserves and they are beneath the earth's surface; just waiting for us to drill into them. Cramer is a #%$^&% idiot!

Remember when President Bush Took Office 8 years ago what was the price of gas, (not an issue) Where is George Bush from, Texas,...Check your history,just after he took office, used oil Equipment sold like hot potatoes. How Many Millionaires do you think Bush made with the oilscam.

This is our future - www.quickbeamenergy.com.

A future which would include no more wars for oil, no more fears of peak oil, and no more greenhouse gas emmissions.

Take a Look!

WHY IS GAS PRICES GOING UP WHEN OIL IS GOING DOWN? OH I FORGOT THE CHRISTMAS HOLIDAYS ARE UPON US. NOW IS THIS GOUGING OR WHAT?