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Detailed text transcripts for TV channel - FOXNEWS - 20110624:20:30:00

ebbed enough he could see a gasoline price drop substantial, and oil prices, maybe, to the mid-to-high 70's. what do you make of that? >>guest: i'm not in the oil trading business. but what i do is i represent the companies that employ all the companies that work on the boats that serve the rigs, that make domestic oil and gas production possible in the gulf of mexico. and the price of oil is important. we have seen the price of oil go up since this moratorium has been put in place. there's no question this domestic production has an impact on the price per barrel in the market but just as importantly, that the number of jobs that are at the dock right now, if you could go to south louisiana and see all of the vessels tied to the dock, idol, all of the lives that are affected by this administration's deliberate policy to keep our industry in

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Mid-to-high-70-s
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