Detailed text transcripts for TV channel - MSNBC - 20120226:14:16:00
Now, the oil market, everybody who's trading oil right now knows this, okay? and the oil market is sitting here, already, without any supply coming out of the market, up close to 15% on the year, already. now, if you are an oil trader, there is no reason for you to sell oil and do anything else besides buy oil. the oil market is, in fact, on a trajectory to give us $5 in the summertime, for sure. if this is not resolved diplomatically by july 1st, and if the israelis lose their patience, which in a lot of ways, you've talked about it earlier on the show, they have a likelihood of doing, you're...