oil prices they re buying oil. and a weak dollar is driving up prices because oil is priced in dollars. keep in mind the sell-off was a rare thing we saw in oil last week. the fact is, carol, oil prices are higher than they were at the beginning of the year, and that s really a big part of how gas is priced, carol. so just curious. if oil in part drives gas prices, how long does it take a move in the oil prices to translate into a move in gas prices? reporter: that s what we all want to know. analysts say it could cake otak to two weeks. oil has too go through a supply klain. from the oil field to the refinery, to the sgas stations. also keep in mind, oil to gas isn t a dollar to dollar move. analysts say a dollar drop in oil prices equalling a two cent drop in gas prices. i know. it s not much. so last week s decline should push gas prices down to the $3.70 range, but oil is up another $2 today. you know, this is just rapidly
johnny isaacson. we don t need those speculating in the marketplace to take you are fair advantage for the sake of making a buck on a short sale. reporter: behind the scenes he was buying leveraged short funds on the bond market. the fund paid $2 for every dollar drop in value of treasury. he s not alone. kirsten gillibrand investing in short funds. selling these stocks short and let me show what you she said publicly. in the limelight, she said i strongly support the president s efforts and i will continue working closely with him to develop smart and tough reform protecting con sierms. these are facts that seem some