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Detailed text transcripts for TV channel - FOXNEWS - 20120306:11:38:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20120306:11:38:00

The mets game when they're not trying to win. >> commentary by brian kilmeade. >> coming up later, football, good story, super bowl champs mario manningham of the new york giants will be here on the couch. >> and the fastest man in the world, karl lewis will be here, too. >> i don't know if he still is. it's time for stuart and here's the topic today, americans are still feeling the pain at the pump. the price for a gallon of gas is, as you can see, $3.76. >> and now 70 democratic members of congress are calling for federal regulators to curb oil speculation but is this really the way to ease ...

Detailed text transcripts for TV channel - MSNBC - 20120306:15:42:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20120306:15:42:00

Unemployment. they gave the credit actually to us, the u.s. consumer who account for about 70% of economic growth and also to businesses. >> another key economic number that we've watched, that's gas prices. there have been 27 straight days of gains. they actually dropped off .3 of a penny lower. still significantly higher than a month ago. >> absolutely. 70 members of congress yet pushed federal regulators to stop what they think is excessive oil speculation, whether or not it will work remains to be seen. >> mandy drury, always great to have you. thank you. tomorrow morning, people will be...

Detailed text transcripts for TV channel - MSNBC - 20120301:01:31:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20120301:01:31:00

The real culprit behind high gas prices, oh, those wonderful speculate tors on wall street. oil speculation, that's it. congress and peter welch says speculation adds 56 cent as gal-to the price of gas. part of the dodd-frank act limits speculation in the energy markets. republicans in congress are trying to block the rule from going in effect in october. joining me now is senator bernie sanders of vermont. good to have you with us. >> good to be with you. >> if i said anything wrong i want you to correct me. >> i don't think you have. here's the interesting point. most people think that oil p...

Detailed text transcripts for TV channel - MSNBC - 20120301:01:32:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20120301:01:32:00

What is the issue? the issue has to do with the fact that over 80% of the oil futures market is controlled by speculate tors. their function in life is not to purchase oil, not to use oil, as an end user, they are not in the trucking business, not in the airline business, their sole purpose is to speculate and drive prices up, that is what they are doing right now. >> so how important is it to crack down on this oil speculation and of course the republicans are trying to stop the rule that is going to go in effect in october. we need it to go in effect right now you'll never get it from the ri...

Detailed text transcripts for TV channel - MSNBC - 20120301:04:30:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20120301:04:30:00

Benefitting from that. with lower amounts of permits, areas being closed what will happen is whether he wins a second term or not, that will begin to dry up as that three to seven year cycle starts to go the wrong way. >> sure. >> so it's very, very clear yes he's enjoying the benefits of his predecessor not 20 years ago, 3-year-old predecessor. >> republicans love to say if you drill more, prices will go down. well, darrell issa, admitted drilling his way out but gas prices are still rising? the republicans logic makes absolutely no sense whatsoever. the real culprit behind high gas prices, o...