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FBN’s Jeff Flock on why gas prices are the highest in Chicago, and who is to blame for ever-increasing pain at the pump.
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So far this year so.
Can't anyone stop the rising gas prices Jeff Flock is on the floor -- -- -- -- -- we -- we're talking about it all the time and what needs to be done and done and -- -- -- a special -- they're GAAP.
But before you start -- -- to the traders tell me.
You know we -- so much about it at the East Coast in the West Coast and how high gas prices are what are they light in in the midwest and Chicago where rat -- now.
Should Bonnie the headline is that nowhere in the country are gas prices any worse than they are.
For Phil Flynn filled up his new Lexus -- here in Chicago take a look at the numbers that surprised even me.
In anything New York City would be bad you'd think California would be better with all those.
You know fuel regulations and crap they got out there.
No -- Chicago filthy winds.
Why is it's so bad here you know you talk about great Chicago products he talked about our Chicago pizza Chicago hot -- -- What about Chicago gasoline come off but that's our Boehner says special blend of Chicago gasoline the politicians of essentially put together absolutely to beautiful politically concocted the land of the state of Illinois the EPA the Fed's that you get.
And you know we basically -- blend of gasoline -- can only be sold in the city.
-- with debt means of course is that we can't shipping gas from over the border so we have a problem we're in big trouble got you.
I want a debate -- plan because one of the things that have been had happening on the floor here today is after what happened is -- -- a lot of traders have been back and forth debating issues like.
You know.
Who's responsible for gas prices let's about -- that the latest oil price board that we have.
Some people say this and president -- not responsible for oil and gas prices being high it's it's number one since the volatility in the market what we did Anthony you know it's what's gone out of what I -- but again.
-- it's not so much what he's done did.
Get prices go up to meet you one thing -- that he's done to get gasoline prices come down.
He really has been the most anti patrolling president we have seen in many -- but before we get -- one of the debate point.
The the retailers say 75% of this market the oil market is controlled now by speculators.
Like -- for an well the bottom line here is that we're -- I don't call them speculators -- the risk consumers and right now the risk to supplies of greatest it's been in many years this is the debate should body this can go on and on nickel and America but more importantly -- -- -- -- -- well these traders.
Debate these issues to and feel very strongly about it's always fun to debate -- when I usually lose but it's okay.
I love that -- -- there seems to be some sort of branding movement behind that don't cause speculators look at where where risk consumers' needs a little button -- early on landing the speculators that's absolutely.
Jeff Flock we'll talk about -- hit a feeling -- there.
