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TheStreet Open House

Cramer's 'Mad Money' Recap: Haves and Have-Nots

He explained that natural gas is often what drives oil to the surface, and in some fields the oil in undersaturated with gas. Thus, Core Labs is developing gas mixtures that can be injected into wells to potentially unlock some five to six billion barrels of thus unrecoverable reserves.

Demshur also noted Core Labs is an international story, with 80% of revenue coming from oil projects outside the U.S. He said that Mexico is one area that has yet to be exploited and has excellent prospects.

When asked about the possibility of other big oil and gas finds here in the U.S., Demshur stayed mum on citing where they might be, buy did say that one, possibly two, big finds larger than the Bakken and Eagle Ford shales "may" have already been discovered with drillers quietly racing to secure land at those undisclosed locations.

Finally, when asked whether North American energy independence is possible in the next three to five years, Demshur said that while five years may be a little optimistic given how things are progressing, it will certainly happen.

Cramer continued his support for Core Labs.

Executive Decision: Richard Smith

In his second "Executive Decision" segment, Cramer sat down with Richard Smith, chairman, president and CEO of Realogy (RLGY), a stock that's seen a 24% gain since the company went public in October as the housing market continues to recover.

Smith said Realogy began to see the housing recovery late last year and currently is "very bullish" on the housing market. He said the market is working through a seven-year trough and still has a long way to go to reach pre-2008 levels.

There's a time for renting and a time for owning, said Smith, and the time to own is now, with a recent survey indicating that 81% of consumers would prefer owning a home over renting one. But even with that high level of demand, banks are still only lending to those with the highest credit scores as new lending regulations have yet to be completed.

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