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>> a lot is speculation and proved now a lot of variation in oil prices is because people on wall street are buying oil and selling them when they think they can make a lot of money and causes the volatility to go crazy. >> you can say it has to do with the trade deficit, the more we produce and not buying from others. if you're willing to have oil spills in your backyard for the trade deficit, even that is slightly bogus because the rest of the world is already switching over to alternative energy, china investing $200 billion and china the leader and wind technology. we'll be buying that stu...

President in the walk of this disaster. but not mitch mcconnell. this is what the senate republican leader had to stay on the floor today. >> if true, this means that the pat plans to use this justifiable public outrage over an explosion that killed 11 people and the oil spill that followed is a tool for pushing a divisive new climate-change policy even as hundreds of thousands of gallons of oil continue to spill into the gulf. >> what's your response to the republican leader? >> well, look, i don't know if mitch mcconnell thinks we should be more dependent on fossil fuels. i'm not sure if mit...