Detailed text transcripts for TV channel - MSNBC - 20120316:21:39:00
At the pump. it is a global phenomenon, we are in a global market. india, china, developing nations competing, want the same gasoline. so there's not a whole lot a president can do. people don't want to hear that necessarily, but it is the truth. >> john, is it a global market for gas? if we pump gas, we find a new eureka, titusville, pennsylvania? the minute gaskets abo gets abo ground, chinese can buy it as fast as we can, why does the drill, baby, drill have to do with price at the pump if it is a global price? >> obviously it is a global price. you have those market forces working. the pro...
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