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Commodity businesses pose problems for consumers. >> i also don't think that most retirees realize that their pension or retirement savings are used to pave the way for big banks to be able to control an electric plant or an oil refinery. >> an expert from everything from the wellhead to the gas tank, and chief oil analyst at gas buddy. big banks, tensions in the middle east, demand, cash-strapped americans, refinery problem. is there a simple way to explain why gas prices are rising when we are flushed with oil and gas? >> we are a part of the world. we have the privilege numbers in terms of ...

>> tom klaas is an expert. nice to see you, tom. tensions in the middle east, demand for gas, refinery problems. is there a simple way to explain why gas prices are rising when we are flush with oil and gas in this country? >> well, we're part of the world, and we do have to privilege numbers in terms of cheaper crude than the rest of the world, but there are a billion people elsewhere in developing countries that are moving into the middle class, let's say, in this generation. so we're going to see some settlements of world oil prices, but relative to the rest of the world, we've got better p...