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Detailed text transcripts for TV channel - FOXNEWS - 20120426:20:07:00

Investigatory law tool to ensure proper functioning of our oil and gas market. congressman, do you really think that it is speculators running amok here? or is this a convenient excuse to take the attention east drilling critics of the president? guest: well, i think a lot of factors. the biggest driver, of course, are the forces of supply and demand, but there is no doubt that a component of the cost of gas today, and one of the things that helped drive up prices to where they are, has to do with excess ever speculation in the marketplace. that s been . neil: when you say component, how big a component? guest: well, the figures i have seen range from 50 cents to a dollar a gallon of the cost. and we just had a case, recently, as you probably know, where a company settled for ....

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