consider what happened today and anadarko petroleum, apc. e the highest quality oil and gas exploration production company. it's also one of the best carriers on earth. they had incredible success drilling where no man has drilled before. anadarko's become a terrific oil-and-gas play. there's a host of fabulous assets from all over the world, from the various domestic shale plays, and some of the big deepwater finds in the gulf of mexico, numerous excellent international discoveries in algeria, brazil, china, ghana, ivory coast, sierra leone, mozambique, new zealand, liberia. today they had their annual investor meeting, and it got slammed falling $1.12 on a day where almost every stock i follow was up. the reason? the market didn't like its production guidance. on the surface it seemed lower than the target of 7% to 9%. if you dig a little deeper, you realize that the disapointing headline number didn't account for the company's asset sales, and it relee flekts a slowdown in drilling for dry natural gas. that's exactly what you want to see g

petroleum. they've always stayed true to this fuel. then the switchers. trying to become less depend ent on gas. there i'm chiing chesapeake, devon, anadarko.ly, the levered speculative play is this company called hekman, h-e-k. it missed its last quarter. but to me remains a colossally fabulous spec on this nation embracing the cleaner, cheaper and more abundant fuel. i do not expect immediate tightness. that's not going to change any time soon. but i think a statement about how we've seen the lows makes a ton of sense. i am proud to make it here on "the kudlow report." larry, back to you. >> all right. jimmy, great stuff. appreciate it. you are so right, the importance of natural gas. >>> now let's switch gears and talk oil. what's behind the rise in oil prices? that's a question asked today by top energy analyst dan jurgen in "the wall street journal" op-ed. averaging more than $4 in six states and washington, d.c. oil had its biggest gain in three weeks. natural gas prices also rose a bit. anyway, cnbc energy analyst dan jurgen, chairman of cambridge energy associates and author of "the quest." thank you for joining us. if you had to pi