earned $5.69 billion in the fourth quarter, down from $6 billion in the same period as weakness in the company's chemicals and downstream divisions, as well as consistently lower oil prices pressured profits.
Oil-equivalent production was 4 million barrels per day, which was in-line with the same quarter a year earlier. Production in the oil-rich Permian spiked 54% year-over-year, and during the fourth quarter production began in the company's offshore Guyana operations. The company said that capital and exploration expenditures grew 8% year-over-year to $8.46 billion.
The company completed the sale of its upstream assets in Norway, which added $3.7 billion to earnings, and is part of the company's plan to divest around $15 billion worth of non-strategic assets by 2021.
MadMoneyOnCNBC jimcramer Today in San Juan Capistrano Tesla
MadMoneyOnCNBC jimcramer FUK this guy, how can CNBC have him on so much but also use a disclaimer for him. So they want to here his bs opinion but don't want to take responsibility for what he says? Yet he's employed by CNBC I REALLY HATE THIS CHANNEL, THESE FAKE NEWS REPORTERS DO AS TOLD.
MadMoneyOnCNBC jimcramer Mr Cramer do you know the facts about carbon footprint of Amazon? It is worst offender than many fossil fuel companies which are under strict regulations. To save the planet follow two simple steps consume less and travel less.
MadMoneyOnCNBC jimcramer “Fossil fuels will be the next tobacco”.
MadMoneyOnCNBC jimcramer Buy buy buy....
MadMoneyOnCNBC jimcramer $amzn runs its business based on fossil fuels. Should their stock be dumped and vilified as well? How about $fdx or $amx? Basing investing on leftist activism is moronic. The real activist will never love and accept any corporation or Wall Street anyway.
MadMoneyOnCNBC jimcramer 🙄
MadMoneyOnCNBC jimcramer We need renewable energy. We should NOT be so dependent on fossil fuels
MadMoneyOnCNBC jimcramer JimCramer is to be commended for taking a stand against fossil fuel stocks. It can’t be overstated how bold a move this is for the guy. Just take a gander at the reaction from the host. That’s the sound of the old world wobbling.
MadMoneyOnCNBC jimcramer Interesting if you would win this would trash the market and the retirement of many Americans think about it if you are a senior soon to retire. You can’t trash healthcare and energy and as a result the economy berniewrongforusa
MadMoneyOnCNBC jimcramer Don’t be a divestment fool when you talk about 60% of our energy supply, jimcramer fossil earnings are necessary to make their products more climate neutral with mandatory CCS Following peer reviewed IPCC science
MadMoneyOnCNBC jimcramer So what are the specifics Bernie hating billionaires is not an answer. We need genius innovation you are a hater on steroids you are dangerous and wrong for America. berniewrongforusa
MadMoneyOnCNBC jimcramer Really tired of your lunacy what is your detailed plan to get the world to a sustainable future. Your a little too angry and anti everything
MadMoneyOnCNBC jimcramer You are all so wrong, especially pinhead- don’t worry about Bear Sterns (or Lehman) - Cramer! Oil will be with us for a long long time. Glad to see the one sided opinion/sector hatred. Surely close to a good time to buy!
MadMoneyOnCNBC jimcramer How is it possible Cramer is still on the air after 2008?
MadMoneyOnCNBC jimcramer So now that you are invested in TSLA, oil companies stocks are bad? I am so done with this analyst who is nothing but a living joker character
MadMoneyOnCNBC jimcramer I agree - millennial here and I am stay away from financial commitments tied to fossil fuels. I took my money out of big banks because of their massive investments into the fossil fuel industry. I drive a Tesla and own $TSLA stock. I minimize where most appropriate and 💰.
MadMoneyOnCNBC jimcramer It’s a NEW World!!! 👏👍🙏🌠🍀. A new consciousness is arising, evolution and it’s unstoppable.
MadMoneyOnCNBC jimcramer MichaelEMann jeffnesbitt
MadMoneyOnCNBC jimcramer EndFossilFuel KeepItInTheGround
MadMoneyOnCNBC jimcramer Wsj: Altria, British American Tobacco and Imperial Brands all delivered average annual investor returns within a tight range between 17% and 18% in the 20-year period up to mid-2017. Philip Morris International delivered slightly lower returns of 14%
MadMoneyOnCNBC jimcramer This is awesome......now Jim’s throwing in the towel......bottom must be close!!!
dmrider MadMoneyOnCNBC jimcramer I am not a younger person and we are in the process (finally) of divesting all our meagre savings out of fossil fuels. Planning to invest in other promising sectors in AB, SK and elsewhere.
MadMoneyOnCNBC jimcramer Someone doesn't understand fossil fuels.
MadMoneyOnCNBC jimcramer Go Jim! MomsApprove 👏👏👏
MadMoneyOnCNBC jimcramer We have hit peak internal combustion ICE NoGas ZeroEmissions
MadMoneyOnCNBC jimcramer jimcramer
MadMoneyOnCNBC jimcramer Go SunriseMovement, Go CenterForBioDiv , Go ThisisZeroHour, Go GretaThunberg, Go HonorTheEarth, Go BernieSanders!!!!! Bernie2020 GreenNewDeal
MadMoneyOnCNBC jimcramer Me too
MadMoneyOnCNBC jimcramer How about actually doing something for the planet instead of based on $$$ and ¢¢¢?
MadMoneyOnCNBC jimcramer As more and more of the world rejects fossil fuels in favor of renewable energy, oil (and the terrorist countries that hold so much of it) will lose its power to anyone except the US and a few other countries that refuse to make the switch.
MadMoneyOnCNBC jimcramer AlbertxAimz
MadMoneyOnCNBC jimcramer I get it but, there's way more we get from Oil than powering cars. Windmills are not making plastics (again not the best thing in the world when it comes to disposables but, there is SO much more) I think a transition is inevitable but, do we have the tech yet?
simonahac MadMoneyOnCNBC jimcramer Interviewer seems really uncomfortable with hearing that?
MadMoneyOnCNBC jimcramer 🤣
MadMoneyOnCNBC jimcramer There is a reason Warren Buffett is very wealthy. And Jim isn’t.
MadMoneyOnCNBC jimcramer Goldman Sachs just bought 8’perent or OAS jack ass
MadMoneyOnCNBC jimcramer Go long oil
MadMoneyOnCNBC jimcramer “Only the young, only the young, can run”
MadMoneyOnCNBC jimcramer So true!
MadMoneyOnCNBC jimcramer Hallelujah! 🙌👏🙏
MadMoneyOnCNBC jimcramer Way to go jimcramer. this is good guidance for people, markets and governments
MadMoneyOnCNBC jimcramer Jim is absolutely correct and I am proud of him for sticking to his guns about when most of his colleagues refuse to acknowledge it. Jim taught me almost everything I know about stocks...thanks jimcramer
MadMoneyOnCNBC jimcramer Never say never, they got enough money to transition. Sadly on whyte man thinking doesn't change easily. GE, GM, Ford, Bear Stearns,
MadMoneyOnCNBC jimcramer If Jim is against it, it might be wise to be for it, like he was done with NVDA at 137, saying it was headed to 100, check the history
MadMoneyOnCNBC jimcramer I bid for Hydrogen ! Nikola Motors it will big even bigger than Tesla... Give me 5 years 😉
MadMoneyOnCNBC jimcramer Jim has been doing his homework. Now think batteries. Lithium. Stocks. LAC. Biggest identified area in US and poised to supply 25% of world’s supply. Where located? NEVADA, next to Tesla battery gigafactory. You heard it from me first! LAC ~$3.75/share. LT hold.
MadMoneyOnCNBC jimcramer lol cites Tesla: like 1.3% of the US market
MadMoneyOnCNBC jimcramer That is all people have to do not give them any money don't buy anything for a week and they will get scared.
MadMoneyOnCNBC jimcramer he gets it fossilfree
MadMoneyOnCNBC jimcramer Market lost 600 points because Asia growth may clog due to coronavirus. I thought Trump liberated us ftom dependence on foreign markets.
MadMoneyOnCNBC jimcramer Quit using Fossil fuels and its product you hypocrite
MadMoneyOnCNBC jimcramer All you are anymore is just another political show. Have had to resort to cnn headline. Everything else is unwatchable, esp all you trump supporters.
MadMoneyOnCNBC jimcramer Oil stocks have been pawned off on idiots for years now. The oil folks may be puffing them up for the time being to take their short term profits but they well know the time for fossil is growing shorter by the day.
MadMoneyOnCNBC jimcramer Love this Jim! “Prognosis negative.”
MadMoneyOnCNBC jimcramer No to fossil fuels, no to fracking! Yes to renewable energy!
MadMoneyOnCNBC jimcramer The oil companies owe us for the billions in annual subsidies and the price of a destroyed planet.
MadMoneyOnCNBC jimcramer
MadMoneyOnCNBC jimcramer Cause electric cars work so well at - 25
MadMoneyOnCNBC jimcramer .jimcramer, time for GovernorTomWolf FettermanLt to divest and ban fracking!
MadMoneyOnCNBC jimcramer
MadMoneyOnCNBC jimcramer Well...when the ‘towel is thrown in’... maybe close to a bottoming our in those stocks. Wait to see.
MadMoneyOnCNBC jimcramer 👏🏻👏🏻👏🏻✊🏻
MadMoneyOnCNBC jimcramer This is Jimcramer in a nutshell. “Buy $snap after a 267% run. Sell oil stocks at the all time low.” MadMoneyOnCNBC
MadMoneyOnCNBC jimcramer 👏👏👏👏👏👏👏👏👏👏
MadMoneyOnCNBC jimcramer Then secretly buys some
MadMoneyOnCNBC jimcramer Petroleum death knell phase is right. “The Other Side of Tesla”
MadMoneyOnCNBC jimcramer Google Jim Cramer “Winners of the New World”. Then decide if this call makes sense.
simonahac MadMoneyOnCNBC jimcramer Dinosaurs dreaming of a dinosaur juice renaissance are in for sudden impact. It’s seems it’s time to jump ship. 🤣
MadMoneyOnCNBC jimcramer
MadMoneyOnCNBC jimcramer
MadMoneyOnCNBC jimcramer All those Tesla’s are made from fossil fuel products from companies like $XOM exxonmobil. From the paint, to the electronics, the plastics, the rubber tires, lubricants in the electric motors, battery components etc. Chemicals are a big part of big oil....
MadMoneyOnCNBC jimcramer Sounds like an excellent time to invest in fossil fuel stocks. They'll go back up once everyone realizes that alternative energy sources are still incredibly far from replacing them.
MadMoneyOnCNBC jimcramer OIL is not going away it's just not going to be burnt . Oil will fall to the 20s dollars because we'll use less causing a glut . & EV driverless vehicles would hurt the oil industry fast . so it doesn't make sense to invest in Oil companies you pull your money out
MadMoneyOnCNBC jimcramer and, the bottom gets placed by Jimmy Chill
MadMoneyOnCNBC jimcramer I really like the fact he is prattling on about this from a TV network studio which uses kilowatts of power, being seen by people on televisions and computers using megawatts of power most of which is generated by fossil fuels.
MadMoneyOnCNBC jimcramer Good. They need to be done. GreenNewDeal ExxonKnew
MadMoneyOnCNBC jimcramer blackrock recently announced they were divesting from all oil companies
MadMoneyOnCNBC jimcramer castroideas amazing
MadMoneyOnCNBC jimcramer
MadMoneyOnCNBC jimcramer Lol
MadMoneyOnCNBC jimcramer ⛽️ = 🚬
MadMoneyOnCNBC jimcramer Oh so it's Jan 2020 that CNBC started believing in Science?
MadMoneyOnCNBC jimcramer I heard the same thing about tobacco companies 50 years ago.
MadMoneyOnCNBC jimcramer Jim Cramer went from Zero to Hero! 🦸♂️ ⛽️ 🤮 ⚡️ 🚗 ⚡️📐⚡️🇺🇸⚡️🌎 modely
MadMoneyOnCNBC jimcramer This is a specious argument. The massive infrastructure that has taken over a century to build involved in distributing energy has not been challenged by an economically compelling alternative source that could scale over the next 30 yrs.
MadMoneyOnCNBC jimcramer Climate scientist Dr. Katharine Hayhoe says that one of the best things we can do about climate change is to talk about it. So, I drew from my work as a clinical psychologist to write this guide on how to have a useful conversation about climate change.
MadMoneyOnCNBC jimcramer I love solar critics that think the surfaces they see are the only options available to us - we’re on the very cusp of asteroid mining and outer space/orbital space doesn’t even register to you? Lol
MadMoneyOnCNBC jimcramer jimcramer is smart for seeing the future of BIG is looking bleak at best. I applaud him for being honest to the investors and the public needed to hear this finally 🌎 before 💰🤝🏼
MadMoneyOnCNBC jimcramer Count us in. We've completely divested our customer deposits from oil drilling and pipeline production. We're not going to paste our link here and spam, but if you want to divest from fossil fuels, check us out - or move to any other green financial firm.
MadMoneyOnCNBC jimcramer Love to see the occasional glimpse of positive news.
MadMoneyOnCNBC jimcramer Lol..
MadMoneyOnCNBC jimcramer it wont be a straight line drop, but they are done in the 20s...its game over for fossil fuel or mankind. I doubt we are stupid enough to loose that fight after all
MadMoneyOnCNBC jimcramer BeckyQuick did not seem 100% convinced... 😂
MadMoneyOnCNBC jimcramer Good because FossilFuelsAreKillingUs !! BanFracking EndBigOil
MadMoneyOnCNBC jimcramer Fossil fuels = 82% of total world energy consumption The most used source of energy is Oil at 42%
MadMoneyOnCNBC jimcramer Gosh. Ever heard of peak oil
HalliBu78316368 MadMoneyOnCNBC jimcramer Wasn't he the same dude that was all cheerleader pre-2008 housing crisis? Like Taleb says, ”don't listen to what they say, observe what they do.”
MadMoneyOnCNBC jimcramer Bernie will Mortal Kombat 'fatality' the remains of these companies when he's President Good riddance
MadMoneyOnCNBC jimcramer ' ... I'm done with fossil fuels ... You can't ever make a fossil fuel company sustainable ... We are in the death knell phase .. '
MadMoneyOnCNBC jimcramer Oh oh, the Boomers who want to Make America 1955 Again, won’t be happy with this.
MadMoneyOnCNBC jimcramer 'Prognosis negative!' 'Fossil fuels are 'Tabacco'!!' Pension funds divesting from fossilfuels companies! Best news so far in 2020!! Let's keep the pressure on! ClimateAction ClimateEmergency
bootsie5 MadMoneyOnCNBC jimcramer Cramer is an Ecosocialist now?
MadMoneyOnCNBC jimcramer This is awesome to hear. Keep it in the ground and let us live.
MadMoneyOnCNBC jimcramer Over 6,000 products made from petroleum
PunnedIt55 MadMoneyOnCNBC jimcramer Yea, I know.. .so, how much did your retirement portfolio increase?
MadMoneyOnCNBC jimcramer Fossil Fuels = Tobacco. Good to see even the capitalists are catching on. ✌️
MadMoneyOnCNBC jimcramer You hit the nail on the head. 'We're in the death knell phase' (of fossil fuel..)
MadMoneyOnCNBC jimcramer Spot on jimcramer
MadMoneyOnCNBC jimcramer So I guess Jim fills his gas tank with hemp oil?
MadMoneyOnCNBC jimcramer beckyquick Yes the death of fossil fuel use. You are way late to figuring this out. The science is clear it's a problem and young people are listening.
MadMoneyOnCNBC jimcramer remindmetweets Please remind me in 18 months
MadMoneyOnCNBC jimcramer One man's opinion and Jim has been wrong before. Sure we need to and are trying to help our globe but in my opinion the transition is a hell of lot longer than some statement made today ! Also I believe LNG and Oil will follow much different paths on this transition ?
MadMoneyOnCNBC jimcramer Markets: Fossil Fuel industry has crossed its peak America: More fossil fuel subsidies!!
MadMoneyOnCNBC jimcramer MayneReport simonahac Tectonic shifts occurring MichaelEMann
MadMoneyOnCNBC jimcramer This are the best news the world had seen in a long fucking time! Am getting a tesla baby!
MadMoneyOnCNBC jimcramer Happy to help 👋
TimberGhost7 MadMoneyOnCNBC jimcramer I love how they're sad that fossil fuel companies are going down
MadMoneyOnCNBC jimcramer He is fill of crap. Overly bombastic.
MadMoneyOnCNBC jimcramer jkenney see its global!!
MadMoneyOnCNBC jimcramer This man sees 'the writing on the wall' and is reacting correctly to it.
MadMoneyOnCNBC jimcramer
MadMoneyOnCNBC jimcramer I am loving “Death Knell Phase”. We must be getting close to panic over stranded assets. 😉
MadMoneyOnCNBC jimcramer What a joker! 😂
MadMoneyOnCNBC jimcramer ultimately these companies will pretend to be the answer for climate change and if they become the funders for a renewable energy future we are doomed and they have won again
MadMoneyOnCNBC jimcramer I travel internationally and can tell you fossil fuels aren't going anywhere
MadMoneyOnCNBC jimcramer the turn away from fossil fuels has not been fast. its been suicidally slow. Every single one of them should be destroyed for their role in the current climate crisis. they bought politicians, destroyed communities/oceans/lands, hid the science of their terror.
MadMoneyOnCNBC jimcramer if we make it, it will be because the views of younger people are shifting newsvandal . the absolutes re: fossil fuels, corruption, politics, cronyism, et al. It rubs moderates the wrong way & comes off as extreme to conservs, but extreme times call for extreme measures imho
MadMoneyOnCNBC jimcramer cc: GretaThunberg
KateVasey MadMoneyOnCNBC jimcramer Great to see Caterpillar go down , they should get out of Israel for a start.
MadMoneyOnCNBC jimcramer There will be so many stranded assets in oil in the next 20 years. It will be absurd...
MadMoneyOnCNBC jimcramer ClimVari & a bit of hope
MadMoneyOnCNBC jimcramer Hey jkenney have a read.
MadMoneyOnCNBC jimcramer The next 10 years marks the most important decisions we have to make since antiquity. Our choices today will decide our impending fate
MadMoneyOnCNBC jimcramer Cramer is clueless about oil and gas. Doesn't even know the difference between oil and gas companies. Or refining. He bids up OOTT past highs and dumps on them past lows.
MadMoneyOnCNBC jimcramer thats fine except everyone is still using them at the highest rates ever
jill_harding MadMoneyOnCNBC jimcramer Fracking is done below $70 oil.
MadMoneyOnCNBC jimcramer 'but not in the death knell stage for us using...' she said, with trepidation.
MadMoneyOnCNBC jimcramer A declaration like this that a given industry is dead is usually a solid leading buy indicator. Wouldn’t rush into it tho.
MadMoneyOnCNBC jimcramer This could be true at some point. Just wondering who is gonna make all the fossil fuel cars obsolete in 10 years along with all the other vehicles. I am sure that will go over well. At least let us boomers die first. 2050 will work for 'me'😎
MadMoneyOnCNBC jimcramer Thank you elonmusk for forcing the revolution in electronic mobility. I will be investing in some Tesla stocks now.
MadMoneyOnCNBC jimcramer Dude, you said the same thing about Costco when Amazon bought Whole Foods. Now it's DOUBLED in price since then!
MadMoneyOnCNBC jimcramer theturner Oil is the new tobacco -
MadMoneyOnCNBC jimcramer Jim, go on BertaAdvantage
MadMoneyOnCNBC jimcramer I have never understood why corporations that exist to produce destruction don't diversify as soon as they see which way things are going. Why isn't Exxon the global leader in renewable energy technology? The only answer I can find is rank greed.
MadMoneyOnCNBC jimcramer
MadMoneyOnCNBC jimcramer Can I have your boat since you won’t be using it?
MadMoneyOnCNBC jimcramer Finally someone on tv is saying it! Thank you jimcramer
MadMoneyOnCNBC jimcramer Buy XOM
MadMoneyOnCNBC jimcramer Bottom.
MadMoneyOnCNBC jimcramer ruh roh jkenney
MadMoneyOnCNBC jimcramer She acts embarrassed like he's off-message but he's actually just saying how it is. And like tobacco, these companies are going to face enormous class actions. The stock is worthless, an absolute liability.
MadMoneyOnCNBC jimcramer Are you concerned about climate change & want to do something meaningful to help? Me too. I'm a psychologist & I wrote this guide to help people who want to help.
MadMoneyOnCNBC jimcramer I suspect jimcramer will face some blowback from fossil fuel interests for this. Hoping more folks with a voice show similar courage and speak out against fossil fuels.
MadMoneyOnCNBC jimcramer Haha.... now it’s time to buy!!!
MadMoneyOnCNBC jimcramer energy sector underperform .... money for big projects shrinking cdnpoli Alberta things will get tougher from here
MadMoneyOnCNBC jimcramer NO WITNESSES!!!!! NO DOCUMENTS!! NO AQUITTAL!!!!!!!!
MadMoneyOnCNBC jimcramer jkenney
MadMoneyOnCNBC jimcramer Fuck yeah!!!
MadMoneyOnCNBC jimcramer Wow. Amazing. Bravo
MadMoneyOnCNBC jimcramer Man he’s saying a lot but saying nothing
MadMoneyOnCNBC jimcramer Yet fossil fuels continue to be the most efficient means of energy. Despite the heavy subsidies into renewables. T he technology isnt there yet to compete. Even teslas are still powered by natural gas, coal, and nuclear energy. But i guess out of sight out of mind...
MadMoneyOnCNBC jimcramer Hell ya brother jimcramer time for a new world
MadMoneyOnCNBC jimcramer I like the new Jim
MadMoneyOnCNBC jimcramer We concur! donewithcarbon Follow and support us! ;-)
MadMoneyOnCNBC jimcramer Agreed. I wouldn’t touch an oil stock even if it guaranteed me 100% return. There are some things in life that are more important than money and I won’t put my money in anything that doesn’t contribute to a more sustainable future.
MadMoneyOnCNBC jimcramer It’s amazing what kind of leverage driving a Tesla can have 🎉👏🏼⚡️
KetanJ0 MadMoneyOnCNBC jimcramer Bravo JimCramerPicks wake up
MadMoneyOnCNBC jimcramer Electic companies in Minnesota are moving extremely fast on renewables. In the Twin Cities, I can already choose to get 100% of my electricity from renewables from the local provider. Cramer is so right on this! The speed of adoption will be exponential not gradual.
MadMoneyOnCNBC jimcramer Jim saying this means it’s time to “BUY” the oils for sure
MadMoneyOnCNBC jimcramer Fossil fuels = Tobacco 💯
LithiumIonBull MadMoneyOnCNBC jimcramer Oil and gas great buying opportunities. Advancement in technology making fields once to hard to extract now possible. The world is nowhere near a ev or renewable phase yet.....the world is bigger than a few city bubbles people live in .
MadMoneyOnCNBC jimcramer Never forget that the executives of Enron continued to promote their stock as a bargain for their own employees until the day they went bankrupt.
MadMoneyOnCNBC jimcramer this_vid
MadMoneyOnCNBC jimcramer So, in other words, it's a screaming buy at these depressed prices?
MadMoneyOnCNBC jimcramer ' It’s A New World Thing... '
MadMoneyOnCNBC jimcramer Are certain MLP still worth investing?
julynewmoon MadMoneyOnCNBC jimcramer Oh yeah? I call BS.
MadMoneyOnCNBC jimcramer Thanks! Obama!! Even with trump's obstacles, the Obama Energy Policies are having an effect, anyway!
MadMoneyOnCNBC jimcramer when he said 'they are tobacco', the host looked so sad and helpless. perhaps it dawned on her that it's a new world and she has not seen it coming. sell your bonds quickly
MadMoneyOnCNBC jimcramer Well done jimcramer. You're right. And you're giving sound advice as well. The fossil fuel industry is now in its sunset phase. Do you want to invest in a company that is so exposed to stranding its assets?
MadMoneyOnCNBC jimcramer Exactly. We have a giant, nuclear fusion reactor in the sky. Let’s use it.
MadMoneyOnCNBC jimcramer Finance professionals who continue to ignore & deny the inevitable transition away from fossil fuels are deluded & committing malpractice.
MadMoneyOnCNBC jimcramer It is our duty as patriotic Americans to support industries that are good for the environment and help provide for a clean future. Don't invest in companies that rape and pillage the earth for profit.
MadMoneyOnCNBC jimcramer One of the few times I concur with Jim. Fossil fuel over with!
MadMoneyOnCNBC jimcramer The climate emergency threatening our kids' futures—not to mention lives and property here in Aus right now—makes oil and coal business models unworkable. Encouraging to see money men like JimCramer waking up to this.
MadMoneyOnCNBC jimcramer FINALLY. This is fantastic.
MadMoneyOnCNBC jimcramer 🤦♂️
MadMoneyOnCNBC jimcramer Wow! Go Jim!! Great to hear him say stuff like this
chrisnelder MadMoneyOnCNBC jimcramer Oil priduction stayed the same and exploration expenditures increased by 8%. Somehow I don’t think that the oil majors are going to go quietly into the night, at least not without significant pressure from governments and consumers.
MadMoneyOnCNBC jimcramer prognosis negative is a good thing. If a doctor says , 'it came back negative', that's good news. Anyway, the way Cramer broke the host's heart, like he just killed her father, was HILARIOUS. 🤣🤣🤣
MadMoneyOnCNBC jimcramer CNBC Jim Cramer has often had a difficult time picking fossil fuel stock. Crazy to say “they are done” just cuz Cramer says so. Think that is crazy. 87% of world energy comes from fossil fuels. Wow!!!!!
MadMoneyOnCNBC jimcramer I'm glad to see my divestment is starting to work.
MadMoneyOnCNBC jimcramer Back of the envelope calculation....it will take a 27% increase in electricity generation capacity to replace the energy we currently get from gasoline powered auto engines. Where will this energy come from when renewables now only provide 10%?
MadMoneyOnCNBC jimcramer Thank Jesus! Finally!
MadMoneyOnCNBC jimcramer Wow JimCramer speaking the truth and not shoving his head in the sand. LeaveItInTheGround
MadMoneyOnCNBC jimcramer 👍 sunrisemvmt GretaThunberg
MadMoneyOnCNBC jimcramer That's right
MadMoneyOnCNBC jimcramer Fantastic news!!
MadMoneyOnCNBC jimcramer I like how she's like wow you're crazy. Jim's right there's a whole knew generation, or two, who are starting to be the main part/deciders of the economy who are done with fossil fuels. 20 years kids will think it's crazy we primarily used gas cars
MadMoneyOnCNBC jimcramer Yay!
MadMoneyOnCNBC jimcramer Oil is the new coal.
MadMoneyOnCNBC jimcramer Great to see Jim's new take on fossil fuels. It's taken a very long time for these money mgrs to see the light. There is no upside to owning these stocks.
MadMoneyOnCNBC jimcramer a little early on that call, we still need it for energy only issue might be supply glut, not drop in demand once things are back to normal.
MadMoneyOnCNBC jimcramer Makes sense to me.
SierraClub MadMoneyOnCNBC jimcramer only good news this year
MadMoneyOnCNBC jimcramer Fossil fuel is a liability now. It won’t go away, but it’s demand will see a downturn shift.
chrisnelder MadMoneyOnCNBC jimcramer GregorMacdonald
MadMoneyOnCNBC jimcramer Also shale has almost peaked. Downward trend soon for USA production. We definitely need to lead effort this soon and rapidly, otherwise the OPEC cartels will regain their foothold.
MadMoneyOnCNBC jimcramer Wow, much respect to jimcramer !
MadMoneyOnCNBC jimcramer BillWeirCNN billmckibben
MadMoneyOnCNBC jimcramer FossilFreeYale wanna tell this to the hedge fund we attend as an educational institution? DivestHarvard?
MadMoneyOnCNBC jimcramer BanCars
MadMoneyOnCNBC jimcramer eventually the oil market will correct oil will go up and people will own the stock. Companies can make money continue to buy back their stock and i guess in the extreme go private
MadMoneyOnCNBC jimcramer Excellent!
MadMoneyOnCNBC jimcramer I’m curious who in this thread will be holding the bag for the Oil &gas sector they are Kodak Blockbuster blackberry Sears and all others who met their Fate
MadMoneyOnCNBC jimcramer Until a clean reliable source of energy generation becomes common world wide, oil will remain a viable source for energy generation of an electrical grid and oil base products. Shifting from the millions of individual gasoline and diesel power plants to electric.
MadMoneyOnCNBC jimcramer Sell any oil exposure at all, including car makers who aren't Tesla, and buy wal mart by the look of it form how China is all wal mart and then home. All wal marts in China just sold out of everything.
MadMoneyOnCNBC jimcramer I will take the other side of your trade.
MadMoneyOnCNBC jimcramer how do you charge an electric car? is there any emissions in doing so?
MadMoneyOnCNBC jimcramer Your done until they rebound, and then your'e 'all-in' again. You change your tune as frequently as the Kanamits change their dinner.
MadMoneyOnCNBC jimcramer All commodities are down. Copper has been tanking. Food-related commodities
MadMoneyOnCNBC jimcramer Not yet ... Still lot of years left if not decades ...
MadMoneyOnCNBC jimcramer DoneWithFossilFuels
ThinkTankCharts MadMoneyOnCNBC jimcramer 🙄Didn’t he say tsla was done too at some point.
MadMoneyOnCNBC jimcramer Trained monkeys pedaling in the basement generating electricity ?
MadMoneyOnCNBC jimcramer
MadMoneyOnCNBC jimcramer Cramer is making a very bad choice. I think smart investors will see this pullback in oil and gas prices as temporary, and a buying opportunity in select stocks.
MadMoneyOnCNBC jimcramer if they’re planning to cremate the industry, was hoping for a more modestly priced receptacle
MadMoneyOnCNBC jimcramer Not yet Jim. Tech is in a bubble.
MadMoneyOnCNBC jimcramer lol. Influenced by his wife too much
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