Detailed text transcripts for TV channel - MSNBC - 20110224:20:19:00 : vimarsana.com

Detailed text transcripts for TV channel - MSNBC - 20110224:20:19:00

when we're watching this and it's only february right now. >> right. this is in the peak -- this isn't peak season. peak season is summer. prices jump four cents overnight. this is coming straight out of money consumers could be using for other purposes and a big chunk flowing out of the country because we import so much of our oil. in some ways we haven't had the full impact yet becauseç it tas some time for the crude oil bought overseas to work its way through the whole system. so as bad as it's been so far if crude prices stay at this level we should see more increases. >> when we talk about oil, we -- first the mind goes to transportation costs. but should we expect to see these increases start to hit us in the pocketbook when we go to the grocery store, for example? >> well, yes, although to a much smaller extent. the amount of oil that goes into the item at the grocery store is

Related Keywords

Prices , Isnt Peak Season , Season , Four , Tire Country , Oil , Ways , Impact , Crude Oil , Haven T , Chunk , Money Consumers , Purposes , It Tas , Way , Crude Prices , Level , Increases , Mind , System , Transportation Costs , Us , Example , Amount , Grocery Store , Pocketbook , Extent , Item , Yes ,

© 2024 Vimarsana