Detailed text transcripts for TV channel - FOXNEWS - 20110719:20:36:00 : vimarsana.com

Detailed text transcripts for TV channel - FOXNEWS - 20110719:20:36:00

only subsidize the higher gas prices so long and they are passed on to the business owner and the consumer. >>stuart: this wasn't supposed to happen. we released oil from the strategic petroleum reserve and we are supposed to drive oil prices down and get prices down and it did not happen. i believe the national argue is now close to $3.70 for regular. this was not supposed to happen? >>guest: well, it wasn't at all. and a lot of people thought it would back foyer because it was just a band-aid. it is a temporary solution to a problem that hasn't been solved for the past 30 years. go back to carter he said we would stop our dependence on foreign oil and it has doubled. we did not have enough of an alternate to substitute for oil so when we have issues where demand is greater than the supply you can have short term bond aids of releasing supply,

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