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Detailed text transcripts for TV channel - MSNBC - 20141220:18:27:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20141220:18:27:00

Founder of oil price information services, good to see you, tom. welcome back to broadcast. >> nice to be here. >> first of all, do you expect prices at the pump to keep on falling? >> maybe 10 or 12 days more and then probably ramp up a little bit and in 2015. >> prices could fall to $35 a barrel. what needs to happen for prices to go that low and what would happen in 2015? >> actually, nothing would need to happen. if opec meets in june and i suspect they do earlier than that, like the thanksgiving meeting, we could see prices dropped below $40 or $35. you almost need to suspend your disbeli...