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Jop orange tphaeulted bills to start drilling? where do you see that going? i know it s a bi-partisan issue at times but i think even rational democrats when they look at the environmental record of u.s. drillers versus foreign drillers, when they look at our national security needs, and even considering what has just happened in japan, we do run the risk here that we are certainly not going to build a nuclear plant any time soon, and the hundred nuclear plants we have in the united states may like in germany be shut down. we have an energy need, and if we don t do it then the 125 forecast for memorial day will be light, it will be higher than that and that is not right to the economy. martha: what would that translate to at the pump. about $4.50 a gallon at the pump. martha: joe petrowski thank you so much. good to have you here, coe of gulf oil. let s bat this around a little ....
Bit. eric bolling host of espn s follow the money an a reuters energy core responsible dent. also gulf oil forum editor david shepherd. good to have you both here. what do you make of mr. petrowski s argument. speaking of traders and analysts today in the market no one has seen any impact from this so far. this you look further at a futures curve there is knee expectation that prices will be lower in the future as a result of this. this it was to get past the house and past the senate and not be vetoed by the white house there is a possibility further out you might see a slight impact. most traders and analysts which i ve spoken with say that because demand is rising quickly such as in china and we are talking about global market here there is less expectation that pump prices in the united states can come lower as a result of ....