Cramer's 'Mad Money' Recap: August 1

"My rant wasn't about saving jobs on Wall Street," said Cramer. "It was about saving homes on Main Street."

A Game Changer

Cramer once again welcomed Chesapeake Energy (CHK Quote) co-founder, chairman and CEO Aubrey McClendon to the show to discuss his recent trip to Washington, DC and the future of the oil and energy industries.

McClendon said his talks with members of Congress focused around moving more of U.S. transportation to cleaner burning natural gas in efforts to both help the environment and rely less on higher-priced, foreign oil.

Natural gas has the potential to solve both America's energy and environmental needs, said McClendon, noting natural gas can cut fuel costs by 50% and is 66% cleaner than oil.

Natural gas is the country's best hope for energy independence, with the huge gas reserves discovered in the oil shale regions of the country, along with technological advances to retrieve that gas, he said.

McClendon also noted that many other countries have succeeded where America has been faltering. One-third of the cars in Argentina, he noted, run on natural gas, while one-fourth of the autos in Italy use the fuel.

Cramer again offered his support and recommendation of both McClendon and Chesapeake Energy.

Making It Happen

For "Speculation Friday" Cramer recommended Fuel Systems (FSYS Quote) as another way to play what he's deemed "the year of natural gas." The company makes fuel systems technology that allows forklifts and other industrial and commercial vehicles to run on natural gas.

"The company may be speculative, but it's not a pipe dream," he said. The company supplies vehicles to some of the largest industrial and manufacturing companies in the world, he noted. With natural gas vehicles 40% to 60% cheaper to operate than their oil-based counterparts, companies will be clamoring to make the switch, he said.

Cramer also mentioned the European Union's goal of having 20% of the vehicles in Europe running on natural gas by 2020 as added incentive for the company. In addition, there is an initiative in California that would create a $2.9 billion fund for the purchase of alternative fuel vehicles.

In addition to Fuel Systems, Cramer mentioned Canadian-based Westport Innovations, which is set to launch an IPO on the Nasdaq in the coming months, as well as Clean Energy (CLNE Quote), as two more natural gas stocks to consider.

Lightning Round

Cramer was bullish on Apache (APA Quote), Graham (GHM Quote), Entergy Corp (ETR Quote), Exelon (EXC Quote), Consolidated Edison (ED Quote), Johnson & Johnson (JNJ Quote) and Pride International (PDE Quote).

He was bearish on KeyCorp (KEY Quote) and Harte-Hanks (HHS Quote).

Want more Cramer? Check out Jim's rules and commandments for investing by clicking here.

For more of Cramer's insights during the Lightning Round, click here.