you cannot ignore -- we were at $85 before it began to flare up and now we're $20 or even more higher. we're up over $111. i heard a lot of debate about what strisk premium in oil, 10 bucks, 230 bucks. >> the risk premium is the extra you pay because there's some risk that supply will get curtailed. >> we don't know what the number is. it's got to be something. we don't know how this will play out. >> finally up got something here that's interesting. you have a -- that wall graphic shows the federal reserve as a possible reason for higher oil prices. explain to me what you mean by that. >> this is a huge debate going on right now. the federal reserve will say no way we didn't do it. when we talk about the risk premium and people scared about what's going to happen in the middle east, they want to start making bets. the federal reserve has cut

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