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Detailed text transcripts for TV channel - FOXNEWS - 20111126:15:32:00

Market. and they look at what the future about will be. so, the price of oil will go down and you talk to any futures trader, they ll tell you that. it s all about supply and demand and opec ultimately controls the supply. absolutely, they doesn t care. in the u.s. we don t put pressure on opec, just sit there and take itten you should use natural gas as a viable alternative to get off the junk if you were. adam, i know that somebody has spoken for you, but chime in with an opinion? waist going to say, probably not even necessary, charles. i got it, i nailed it, i knew i nailed it. since you asked. no, as it happens, charlie, you didn t nail it. all right, let s have a few facts here, first of all, as we all know, and we ve been told many times, even when gas was at $4 plus a gallon in the united states. our gas is cheap compared to the rest of the world. europeans pay far more for their gas than we do because ....

Futures Trader , Natural Gas , Doesnt Care , Charles Payne ,

Detailed text transcripts for TV channel - MSNBC - 20110523:20:32:00

Boosting the price of oil. i want to get christian in. it could be with a question. there are people who would say there are some forms of this activity that are useful hedging devices with people involved with oil in their business. okay, so that would be my form of disclosure would be i am related to an avid futures trader, my dad, who is a farmener northern alberta. farming was the source of the market. it was rice farmers. it exists because the agricultural cycle has ups and downs and farmers needed to be able to move their risk across season. we need futures markets. if you add law that banned futures markets tomorrow, it would not help consumers, it would actually make prices much more volatile and make investment much harder. my question on this particular oil issue is from a progressive point of view, isn t it actually kind of a good thing that oil ....

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