Page 19 - Commodities Market News Today : Breaking News, Live Updates & Top Stories | Vimarsana

i'm wolf blitzer, you're in "the situation room." we're live here at constitution hall, here in the nation's capitol, where in just a little bit more than 24 hours, the republican presidential hopeful will face off for the first time in a major debate on national security, foreign affairs and the economy. he will be mod rating the event co-sponsored by the her kaj foundation and american enterprise institute. on the eve of this critical contest an eye-popping shift? the republican con taft. a new cnn poll just released minutes ago, shows newt gingrich on top of the republican pack fo...

How did they get a half a billion dollars in loan guarantees? >> bill: well, because one of the investors was a big clinton -- obama fundraiser. >> that also. but they also hired high powered lobbists, spent $2 million, had many meetings with valerie jarrett, special assistant to the president. they lobbied washington intensely to get this loan guarantee. why did they get the loan guarantee? they had idea that superior technology could- even though it was more expensive to produce solar panels in the united states that because their technology was superior they could produce it cheaper than pe...

Solve the problem but this is the reason why wee we have got stot stop the chatter and get down to brass tacks on dependence on foreign sous sources of oil. if we started 7 years ago, 10 years ago, 15 years ago, we would be so much further along. instead we have in th same conservation when it is two times a year when it is summer and people are getting in their cars and winter when folks are turning up the heater. >> the caucus is talking about, the big democratic theme, going of a oil speculators which some folks think are actually helping goose oil prices right now. is that the agenda we ne...

The companies for the subsidies. >> we've had enough. we've had high water, high win, we now have a high river, we have a moratorium, we have a permatorium. >> unfortunately, the bureaucrats in this administration are not listening, they are totion up barriers in alaskan oil and gas production every chance they get. sadly some of my colleagues are not much better. instead of addressing the problem with specific solutions, they are going for headlines, by dragging energy company executives before committees. >> now, oil companies admit they are making record profits these days, when oil is spik...

Griftopia as well as michael greenburger the former director of trading and markets and now the director of the center for health and homeland security at the university of maryland. thanks to both of you for joining us tonight. matt, let me start with you if i may. supply and demand used to drive up gas prices and companies that needed gas used the futures market to keep costs stable. how did wall street change all of that? >> well, the short version of that is that after the depression laws were passed that tightly controlled the amount of speculative activity in the commodities market. ther...