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Doesn't like subsidies. >> and i'm often wondered, were they better off as slaves picking cotton and having family life and doing things, or are they better off under government subsidy. >> cliven bundy is very concerned about the impact of government subsidies -- on african-americans, that is. he is apparently lessed about the effect of government subsidies on people like him because over the years cliven bundy has been the beneficiary of a benefit subsidy, and he's not alone. ranchers like bundy, even the ones who do pay their fees, receive millions in subsidies every year grazing on federal...

Facts. based on the facts themselves. >> here's what really got me. he keeps talking. these folks are living under subsidy. that's the word he used. these folks are living under subsidy. okay. this is per unit, per cow calf combination, per month cost of grazing fees on federal land. the amount that he won't pay. $1.35. the market price in the western united states per cow calf per month is $16.80. the federal government so subsidizes federal grazing fees to the tune of 15-plus bucks per cow/calf a month, and even that welfare is not good enough for him to take. >> that's right. because he's s...

Others who are suddenly doing their best imitation of scalded dogs. so the guy's a complete crank and a racist and he's an anachronism in many ways, chris. the fact is they never should have embraced him based on the facts. based on the facts themselves. >> here's what really got me. he keeps talking. these folks are living under subsidy. that's the word he used. these folks are living under subsidy. okay. this is per unit, per cow calf combination, per month cost of grazing fees on federal land. the amount that he won't pay. $1.35. the market price in the western united states per cow calf pe...

Have embraced him based on the facts. based on the facts themselves. >> here's what really got me. he keeps talking. these folks are living under subsidy. that's the word he used. these folks are living under subsidy. okay. this is per unit, per cow calf combination, per month cost of grazing fees on federal land. the amount that he won't pay. $1.35. the market price in the western united states per cow calf per month is $16.80. the federal government so subsidizes federal grazing fees to the tune of 15-plus bucks per cow/calf a month, and even that welfare is not good enough for him to take. ...

Oscar, are you saying close to $50 a gallon for regular unleaded in various parts of the country very soon? >> stewart i'm saying that this could very well happen very, very quickly. we have what's now a 103, 102 staging area so we'll be 107.5, 108 in the price of crude. when that happens you have a mim $4, closer are to $4.25. if we get to that huddle we have a projection of 116.80 to 117. >> stewart: oscar, my head is spinning. with all the charts and technical jargon, my head is spinning. you're saying the price of crude oil is priming to sharply higher in the immediate future and that will...