Detailed text transcripts for TV channel - FOXNEWS - 20110510:11:44:00
>> steve, were down 43% from peak oil production but hell go on tv and say were producing now here more than ever. its a false statement. absolutely false statement. the problem is look at yesterday. oil prices jumped $6 a barrel in one day alone. gasoline prices $3.95 a gallon, 13 states over $4. all headed back up because nothing has changed. were not drilling more and certainly were not permitting more permits off shore drilling which is what we really, really need. >> there is a strategy. th...
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