Detailed text transcripts for TV channel - MSNBC - 20110428:15:18:00
So exxon reported $11 billion in earnings today and they go ahead and they point the finger at the station owners. how come that doesn't add up when you look at that with common accepts? >> yeah, the station owners are price takers. they're not the price makers. the makers of that price are exxon mobil, opec, the 1.2 million barrels of oil that is no longer being produced out of libya, the 800,000 barrels of oil out of saudi arabia is no longer, in fact, putting on the market. they've taken it off. the republican threat to cut in half the cftc budget, which are the cops on the beat to make sur...
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