TheStreet.com RealMoney

What Are the Oil Bears Banking On?

By Jim Cramer

 About this article:
 Calling all oil bears. Calling all gold bears? Where are you? Now you are banking on the right shoulder, the technical right shoulder? Is that the hope? Once again, nothing is coming up right for the oil bears. Given that we are in the spring shoulder, natural gas should be plummeting. It isn't going down -- not at all. We have been disturbance-free from Venezuela and Iran, and the Iraqi fields haven't been threatened. Supply's not interrupted. What a great time to crack us down to $90. Not only that, but we have a glut in ethanol. If that mattered, wouldn't oil be down? Nah. None of the bears can come to grips with that. Meanwhile, coal gets upgraded -- Consol ! -- from Goldman even as we know from Jim Hackett, the great CEO of Anadarko , that there are coal plants being canceled. Once again the money is...

You have just read the beginning of a premium article from our RealMoney Service. To read the rest of this article and sign up for a FREE trial please click below.

ACCESS STORY & START A FREE 14-Day Trial
Or, call us at 1-866-321-TSCM (8726) Monday-Friday, 8 a.m.-6 p.m. ET.
Outside the U.S. and in Canada, call 1-212-321-5200.



Already a RealMoney subscriber? LOG IN.
Username: Page data is submitted securely.
Password:
Forgot your Password? Click here


100% Money-Back Guarantee
If you decide to subscribe and you're not completely satisfied with TheStreet.com RealMoney, just call us within the first 30 days of your subscription and we'll refund your full annual subscription price — guaranteed.




If you choose a 14-day free trial of RealMoney and you do NOT call to cancel within those 14 days, you will pay $129.95 — a $100 savings off the regular annual subscription price of $229.95. Unless you cancel before the end of that year, your subscription will automatically renew for another year at the then-current subscription price.

Offer applies only to new annual subscriptions, and is subject to change at any time. Void where prohibited.

If you choose a monthly subscription, you pay $34.95 per month. You will be notified if the current monthly rate of $34.95 changes at any time in the future.

TheStreet.com is a publisher. None of the contributors or their affiliates will provide you with personally tailored advice concerning the nature, potential, value or suitability of any particular security, portfolio of securities, transaction, investment strategy or other matter. From time to time, any or all of the contributors or their affiliates may hold positions in securities mentioned and they may trade for their own accounts. In cases where the position is held at the time of publication, appropriate disclosure is made.

© TheStreet.com, Inc., 14 Wall Street, 15th Floor, New York, NY 10005.