Hardball: Jim Cramer on Gas Prices

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Uploaded by on Jun 23, 2008

I'm not even sure where to begin with guy other than he's out of his mind. He makes a few good points and then it's drill, drill, drill with the GOP talking points and straight out lies when he says there haven't been any oil spills since there were huge ones that have occurred during the hurricanes and he dismisses how badly destabalizing the Middle East might have to do with rising oil prices.

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  • likes, 17 dislikes

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  • Jim Cramer screwed a lot of people with his stock advise on Bear Stearns, anyone who trusts this conman must be out of his mind.

    Cable news is more about entertainment than insight.

  • Cramer is a total moron. He has no clue.

    Of course the oil price is that high because of speculation and US government buying oil for strategic reserve in preparation for Iran war (and Iraq war that started this all).

    Claiming that China suddenly started using that much oil in a few months is a total idiocy. Cramer doesn't even know about the US oil reserve... he claims that every barrel of oil is used.

    What an idiot.

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  • 90% accuracy trading is now a reality. If you want to get rich invest in gold! Come visit my website, just google Gold Trading Academy to learn more.

  • u guys are idiots, gas will be back to 4+ by next summer.

  • HOMEBOY WAS WRONG . GAS WENT DOWN .

  • Does this dickhead not realize that the US is holding out so that all the others use THEIR resources up FIRST! Then we can use ours - when the rest of the world is in a crisis.

  • cramer is a clown who i wish to punch.

  • he is lying. Demand is only a small component. it is the devaluation of the dollar.

    he is trying to hide the truth, he is manipulated by the media elites.

  • I should have watched the whole thing before I posted my comment. :P

    He's right that it's a supply and demand problem - but he's nuts if he thinks offshore drilling is going to bring billions of barrels online. Or that there is any evidence that ANY combination of current alternatives can continue running the economy the way we have been.

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