Detailed text transcripts for TV channel - FOXNEWS - 20110507:15:16:00
Summer, prices are tight. but demand is dropping and americans are fed up with high gas prices and they are cutting back with seeing that reflected in the u.s. imports. >> it is reformulation good for lower emissions how come it is not enforced all year round and not only in the summer. it is too costly and we could decide? >> it is will prices actually spike this summer. i don't think they will. i think americans are cutting back. >> who is going to buy dinner for whom? >> go ahead. and every 10 cent hike in gas prices vehicle miles driven fall zero.1 percent . so the notion that higher gas...