then what happened? we had speculation. market speculation didn t help. this is the period where the market is starting to collapse. this is the tarp area right here. this is where the pentagon said somebody was playing games. couldn t have anything to do with oil. $145 a barrel in july. comes down. president is elected. market crash. look at this. the whole average is higher. never goes down with a peak. here is egypt. now the middle east unrest is happening. look at it go up. when it hits this, this is 4.12. when it hits 4.12, remember what happened. look at this. what do you think is going to happen? when it comes to gas, you must ask yourself these questions.
then what happened? we had speculation. market speculation didn t help. this is the period where the market is starting to collapse. this is the tarp area right here. this is where the pentagon said somebody was playing games. couldn t have anything to do with oil. $145 a barrel in july. comes down. president is elected. market crash. look at this. the whole average is higher. never goes down with a peak. here is egypt. now the middle east unrest is happening. look at it go up. when it hits this, this is 4.12. when it hits 4.12, remember what happened. look at this. what do you think is going to happen? when it comes to gas, you must ask yourself these questions.
go higher. you could see $3.25. neil: what is driving this? number one, inflation. we ve been talking about this a long time. anytime you throw free money into the economy it finds its way somewhere and people with extra bucks will charge you more and you re willing to pay $3.25 for a gallon of gas. we know of $4, $4.12 was the high in the oil spike. neil: maybe it s the obama recovery you re refusing to acknowledge. is it there s still 15 million people out of work. the housing market, commercial business failures were at the highest level last quarter than in the history of keeping numbers. so i m not sure, but the stock market has recovered. neil: is it a good barometer, is oil picking up a good barometer? oil is the international currency. oil is telling you things are
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Detailed text transcripts for TV channel - MSNBC - 20131009:08:09:00 comparemela.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from comparemela.com Daily Mail and Mail on Sunday newspapers.