Detailed text transcripts for TV channel - CNN - 20110411:14:31:00
The record high was hit on july 11 to be exact in 2008. $4.11. as you see, we're kind of in spitting distance, getting very close to the all-time record high there. obviously we know a few reasons why. there's the unrest in the middle east and north africa. we've seen that whole issue for the last couple of months now. that's playing into. also you've got the weak dollar and increased demand from other country. all of that is factoring in. now here's the thing. it could actually be worse for us, but because of the economy, because it's been such a long recovery here, the refiners, retailers, t...