Detailed text transcripts for TV channel - MSNBC - 20140702:21:24:00
And demand, the price should go down. what the oil companies always do is if it rains, they raise prices. if it snows they raise prices and sunny they race prices. . the fact of the matter is exxon-mobil made $9 billion in profits the first quarter of this year. the real story is the oil futures market is not controlled by people who actually use oil. it's controlled by goldman sachs, morgan stanley and other wall street speculators and their function, needless to say, is to make as much money as they can by speculating. and what we have heard is various -- estimates as to how much more we are...