| While most investors are freaking out about Greece, Jim Cramer thinks it would be more prudent to take a closer look at the price of oil, which has much more of a direct impact to U.S. companies. The price of oil has been hit hard lately, dropping to about $50 during the day on Tuesday from $59 a week ago.
Cramer is still in shock, because when oil was hovering around $60 he was convinced that the independent oil companies might provide some real leadership in the market. But after the latest session of crude being put through the meat grinder, Cramer's opinion has been thrown out the window...............................................Full Article: Source
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