Detailed text transcripts for TV channel - CNN - 20110422:23:24:00
Conservation policy. there's been no incentive to conserve oil. the gulf oil spill i was sitting on a tv set to talk about the tragedy of it. but to shut down drilling, we have made ourselves more dependent. >> what do speculators have on the high price of gas. >> it's never been proved that speculation drives up prices. what happened to all the speculate fors two years ago or four years ago when oil hit $100 a barrel and then collapsed to the 30s. much more is going on in the futures market are airlines and trucking companies, companies that know they need to use oil in the future and they're...
Source: news source