NEW YORK ( TheStreet) -- I sat down with Jim Cramer today to discuss the International Energy Agency (IEA) report and how it might translate into some actionable ideas. One continuing idea that got a significant boost from the report is in liquid natural gas (LNG).

Tight oil supplies in the U.S. are being freed by hydraulic fracturing, and the IEA expects those supplies to increase by almost 4 million barrels a day in the next five years, all after those supplies have already increased close to 3 million barrels a day in the last four years. All of that new oil supply will also necessarily generate a further supply of natural gas, already in very plentiful supply and very cheaply priced.

One way for those growing natural gas supplies to find a new market is in the export of LNG. Slow restart of nuclear plants in Japan and a lack of unconventional natural gas exploration in Europe assure a solid arbitrage for the export of LNG for the next several years, perhaps decades.

Some of the companies poised to benefit from this arbitrage are Cheniere ( LNG), Golar ( GLMP) and Dominion ( D).

I talk more about the LNG opportunity with Jim in the video above.

At the time of publication, Dicker was long CVRR, although positions may change at any time.

Dan Dicker has been a floor trader at the New York Mercantile Exchange with more than 25 years of oil trading experience. He is a licensed commodities trade adviser.

Dan is currently President of MercBloc LLC, a wealth management firm and is the author of "Oil's Endless Bid," published in March of 2011 by John Wiley and Sons.

Dan Dicker has appeared as an energy analyst since 2002 with all the major financial news networks. He has lent his expertise in hundreds of live radio and television broadcasts on CNBC, Bloomberg US and UK and CNNfn.

Dan obtained a bachelor of arts degree from the State University of New York at Stony Brook in 1982.

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