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Is this something that should be done across the board? and in your opinion what will the effect of a law like this, if put into place, if congress passes something, that is still a big if, what would real effect of it be? >> it means you will pay higher gasoline prices and higher oil prices. i can't believe what i'm hearing out of eric bolling. this is unbelievable. this is nothing but a political red herring for a failed energy policy. you've got the president taking credit for more oil production that was all george w. bush, that he was against and now he is looking for a scapegoat because ...

You don't have to make deliver riff the oil. >> margin requirement is one issue. you are absolutely correct there has been no change. >> just make that higher. make the margin requirement higher. >> you can do that that's precisely what they did a year ago. that would be wise to do. that's a matter for the imex. can you right now hold 30% of the market under the rules established by the commodity future trading commission. that's insane. and by the way, you have got more speculators in the market now than well. >> bill: the oil companies like that speculators can drive up and they say we can't...

You don't have to make deliver riff the oil. >> margin requirement is one issue. you are absolutely correct there has been no change. >> just make that higher. make the margin requirement higher. >> you can do that that's precisely what they did a year ago. that would be wise to do. that's a matter for the imex. can you right now hold 30% of the market under the rules established by the commodity future trading commission. that's insane. and by the way, you have got more speculators in the market now than well. >> bill: the oil companies like that speculators can drive up and they say we can't...