RealMoney Radio: Sweet Revenge

"Face it. You're fed up. You're angry. You're resentful," Jim Cramer told his "RealMoney" radio show listeners. He called Thursday's program his "revenge show" because he gave people a way to get back at high gasoline prices by making money on oil.

At more than $3 a gallon in many places, people understand that pump prices could go higher, and a lot of people believe that they're being price-gouged by oil companies, he said. "I don't blame you ... It seems to make sense."

But Cramer said that state and federal officials have found no evidence of price-gouging, that gas station owners aren't making money and that refineries are working under extremely high-risk conditions to get gasoline to service stations.

Are the environmentalists the cause, he asked? They may be good at keeping new refineries from being built, but Cramer pointed out that no one wants a refinery in their backyard because no one wants cancer. The environmentalists don't have to keep infrastructure from being built because the average citizen doesn't want it next to him anyway.

So, who's to blame? "A fragile, threatened inconsistent supply that is trying to feed a consistent and overwhelming demand that rises at about 2% a year," he said.

As for inconsistent demand, there are plenty of places to point the finger, Cramer said. "We could blame ourselves ... Since we went into Iraq they've cut production in half." He added that Iran and Venezuela don't want to supply the world with oil, and that terrorists have knocked supply offline in Nigeria.

As for Indonesia and Russia, he pointed out that no one wants to put a lot of money into these countries.

Oil companies are making record profits of, so it's natural to feel angry, helpless and resentful when you pay $60 to fill your tank, he said. But that's not where the real money is to be made on high crude prices. From tar to tank, he gave listeners the inside scoop on which companies will directly benefit from soaring energy prices.