RealMoney Pro Contributor Dan Dicker talks to Jim Cramer about domestic oil and its recent rapid drop. Chinese concerns, increasing domestic stockpiles and a release of reserves from the SPR have conspired to bring oil below $100 a barrel. However, Dicker thinks oil will not hit a new low in 2014 and this brings an opportunity to buy U.S. oil stocks "on sale." Anadarko Petroleum, EOG Resources, and Noble Energy show relatively good value at these levels, says Dicker.

At the time of publication, Cramer was long ___.

More from Video

Video: Jim Cramer on Trade Tariffs, Rising Rates, Kimberly Clark and Hasbro

Video: Jim Cramer on Trade Tariffs, Rising Rates, Kimberly Clark and Hasbro

Video: Stop Using Student Loan Money to Buy Bitcoin

Video: Stop Using Student Loan Money to Buy Bitcoin

Let the Najarian Brothers Crash-Proof Portfolio

Let the Najarian Brothers Crash-Proof Portfolio

Learn Options Trading from the Najarian Brothers, the Best in the Business

Learn Options Trading from the Najarian Brothers, the Best in the Business

Jim Cramer: Kimberly Clark's Quarter Was Better Than Procter & Gamble's

Jim Cramer: Kimberly Clark's Quarter Was Better Than Procter & Gamble's