Detailed text transcripts for TV channel - CNN - 20110128:09:15:00
G-7 or the industrialized countries do. you agree with that premise? >> you cannot look at the barrel today and see 85 or 85 or 86. we have a high price, let us open the valves. to open the valves you need two, three months and when you open the valves and there is nobody's buying it so you are reading problems. you cannot go back and close it. we have to see a real shortage in the market. >> okay. one final question because we're a little bit short on time. is it the low interest rate environment right now prompting the hedge fund money into the commodity money and driving 10% to 15% on the p...