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Dan Stecich of TJM Institutional Services argues there needs to be a North American energy policy to lower commodity prices.
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Has started hammering -- -- -- on gas prices using the price of gas is an example of the president's failed energy policy.
It -- in the company from Chicago is -- -- such he's with TJ and in.
Health services and Dan.
I don't wanna comment on policy all the election I want you to as a commodity trade to give me -- forecast for the price of gas.
-- I can give you shot -- I would say in the short term it's gonna go down there's tools to things that really affect oil prices.
Tensions in demand right now that was global demand forecasts it was down.
In Iran has been conciliatory about their nuclear program that's not gonna last but in the short term -- will the market's taken -- well while boils down to dollars.
-- look for the 85 level be tested and maybe gas prices down into at least in my by part of the country were paying 384 right now but for that to go down -- but the 350 level.
So you're in Chicago I think obviously you're in the Chicago area and -- paying 384.
And those hoping from California 9460.
For regular on average -- -- -- the but that's.
That's a refinery issue I believe in an environment for regulation issue over that -- right.
That's correct -- you know we have those every once -- -- here too will have a refinery going now we have a couple of around here and when it happens you get this temporary spike.
Spike in prices in its unusual Chicago's one of the higher areas in the old whole country and we have refineries all over the place but in the summer we have a summer -- -- cost a little more.
On the reality is no you didn't want to talk tough policy but we need a policy.
We need to have the North American countries Canada the US and Mexico start dictating the terms of -- oil list we -- we have natural gas let's get it let's make it work for us off please I should've asked you that right from the get go because that's that's good stuff.
-- that's -- come on again sometime in the and give us a while on the a lot of -- on the -- of.
