Detailed text transcripts for TV channel - MSNBC - 20110405:02:33:00

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gas production. they weren't looking for an explanation on why unregulated speculation leads to rising gas prices. in their attempt to destroy the dodd/frank finance reform act the house gop already introduced a measure that would cut funding to the commodity futures trading commission, the cftc is charged, of course, with regulating commodity speculation, which is taking place. michael fox, who represents the national gasoline retailers, told the house committee that the measure would be a disaster. >> the fastest way to $6 retail gasoline prices is to not fully fund the cftc and not impose the dodd/frank regulation. that's the fastest way to get to $6 gasoline. >> okay. everybody got that? now was that on boehner's website? no. and here is don from the colorado farm bureau, farmer kind of dude, you know, good ole boy. he was invited to the hearing by the republicans. does he think the problem is

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