Page 7 - Charles Eric News Today : Breaking News, Live Updates & Top Stories | Vimarsana

>> why should we fool with the key stone pipe line if it is exported. if oil is going to find the best home for the price. i am a free marketer. i want oil to go where the best price and it should be here in america and shouldn't be more expensive in our own country than it is to send it overseas. refined or not. >> charles are we paying market prices or is it artificially manipulated. is it about money grubbing? >> it is about business people doing what they are good at which is making money and the electric crisis we saw in california, producers learn if they shorted the market,s would sky r...

Charles eric and i are listening. are the refineries manipulating gas prices. >> i believe the supplies are manipulated but not a conspiracy. what we have is is situation of very few refineries and so few competitors, it is easy to short the market and shut down a refinery and watch their profit margins in another refinery sky rocket. it is a p to restrict supplies. >> you are suggesting that they are intentionally crimping the supply. >> yes, they are business people and unfortunately this market has perverse incentives for them to under produce and it is more profitable to restrict than put ...

Charles eric and i are listening. are the refineries manipulating gas prices. >> i believe the supplies are manipulated but not a conspiracy. what we have is is situation of very few refineries and so few competitors, it is easy to short the market and shut down a refinery and watch their profit margins in another refinery sky rocket. it is a perverse incentive to restrict supplies. >> you are suggesting that they are intentionally crimping the supply. >> yes, they are business people and unfortunately this market has perverse incentives for them to under produce and it is more profitable to r...

neatly trimmed mustache or beard. we'll have information on whether the f.b.i. believes it was connected to the kidnap murder of jessica ridgeway. we'll have the f.b.i. report on that in the bottom of the hour. you will hear a teen who survived being kidnapped by a monster. presidential politics and the latest on benghazi gate with senator bob corker back from libya. back here at home romney, the gop contender is widening his margin. what is so far unclear is whether thursday night's vice-presidential debate will move the polls one way orth other. three smart connected guests are her...

neatly trimmed mustache or beard. we'll have information on whether the f.b.i. believes it was connected to the kidnap murder of jessica ridgeway. we'll have the f.b.i. report on that in the bottom of the hour. you will hear a teen who survived being kidnapped by a monster. presidential politics and the latest on benghazi gate with senator bob corker back from libya. back here at home romney, the gop contender is widening his margin. what is so far unclear is whether thursday night's vice-presidential debate will move the polls one way orth other. three smart connected guests are her...