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Would be today if based on fundamentals of just supply and demand. >> again if you were to use a pure economic approach, the economists would say it would be set at the price to develop the next marginal barrel. >> what do you think that would be today? >> well, its -- its pretty hard to judge, but it would be, when we look at it its going to be somewhere in the $60 to $70 range. >> 30% to 40% of the price of oil is because wall street gamblers are playing games with numbers? now think about wha...