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This column was originally published on RealMoney on Feb. 24 at 2:57 p.m. EST. It's being republished as a bonus for readers.

There are few givens in this world. One of them is that there is a radical strain of one of the world's three religions that seems to have as part of its overall agenda the destruction of key oil facilities that are crucial to the price of oil until we can create a reasonable alternative to oil. If you don't believe me about this, please read a column by

The New York Times'

Tom Friedman (any one of his, I am afraid to admit).

Because of this obsession with the destruction of the facilities, and the relative ease with which they are knocked out of commission -- consider that before the invasion in Iraq, pathetic groups of pipes and rigs produced far more than now, simply because the ease of sabotage -- I believe that oil will stay high for the foreseeable future. I actually see -- again, this is my view -- the radicals in ascendance here, as we seem to enjoy a relative Munich state with them, circa 1938, with us eager to play the role of British Prime Minister Neville Chamberlain.

You can argue with it. You can argue against it. Frankly, from the point of view of investing, I just believe that many of the analysts and investors simply refuse to take into account that there is a worldwide movement to destroy these facilities, a kind of rolling Petrolnacht that seems separately odious but to this observer, actually may be well-planned. That's why I don't really care about domestic consumption or inventory data, other than to create buying opportunities for oil.

I also believe that the oil service stocks remain a defensive and


play for the inevitable government realization -- this one or the next one -- that the imperative is to become, if not self-sufficient, at least less at the mercy of the radical elements, like in the Arctic or something.

What makes me feel all of this is the current debate over the ports, where it is clear that someone, at least some people, are getting their hands around the notion of a larger threat that should have been obvious to anyone who takes a cursory glance at the

Financial Times

, which, quite obviously

no one

in this administration does.

Not to be too cynical, but today, I wanted to buy more Halliburton for

Action Alerts PLUS because that company both rebuilds busted infrastructure in bad places, a must given the destruction I see coming, and is an expert at oil services in hard-to-drill places, again, something I see coming.

My show, my whole business life is dedicated to

finding the bull market wherever it is, and the best, most vibrant, and perhaps most long-lived bull market is the one being created nearly every day by the radical elements that also happen to have control of oil's carotid artery. In other words, higher prices still beckon.

P.S. from Editor-in-Chief, Dave Morrow:

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At the time of publication, Cramer was long Halliburton.

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