Eric Bolling

And he didn't provide that.

That would have been a certainly calming tone.

As soon as he was done, Steve, it was off to the races.

And we're talking, you know, hundreds of billions of dollars in value of oil trading from $98 a barrel to $112 where it is today, right now.

Steve, the speculators right now are a fly on the ass of the oil market right now.

It's the people I was talking to in Dallas last week.

It's the.

the transport companies, the people who are shipping it or even piping oil.

And it's more importantly, the refiners.

The refiners are very, very jittery.

They're very scared of a massive spike, which we've got, or for it to stay this high this long.

Because remember, they have to buy oil.

It takes 30 days sometimes to get it through the systems, sometimes more if they have to ship it.

get it through the system.

And so they're susceptible to these higher prices down the road.

And that hurts their business.

It hurts their margins.

And they're very, very skittish on higher oil prices.

But to the T, to every refiner I talked to, and I met with them in Dallas, one of the biggest in the world, and others I talked to, they're very nervous about higher price.

I have yet to hear someone, and these aren't speculators.