Detailed text transcripts for TV channel - FOXNEWS - 20110424:01:16:00 : vimarsana.com

Detailed text transcripts for TV channel - FOXNEWS - 20110424:01:16:00

what, 13% in terms of the oil that we are not able to access that we were more than a year ago, yes? >> just on the year. >> judge jeanine: but why would the 13% the prices be so high and what can we do to bring them down? >> of course, the market is looking at the long-term u.s. energy policy. you know, the same way that they look at middle east events or look at global economic turmoil, they are also looking at what our long-term policy is and they can see that every time president obama has asked the question on high gas prices he responds by talking about new vehicles, $40,000 cars that people are supposed to buy or solar and wind. the oil market knows that that is not a long-term solution so the oil situation in the united states. >> judge jeanine: clearly. but ben, who o sets the price at the pump? >> the futures market is the direct link to the price at the pump. anybody that thinks retailers are making money at these prices are wrong. do i a weekly column on retail

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