Detailed text transcripts for TV channel - FOXNEWS - 20120313:03:33:00
This has been the warmest winter in deck tadz, there is plenty of supply of oil here in the united states. right now, right now. and, yet, the price goes up every single day because of overseas intrusion. >> first of all, bill, we import a lot of oil right now from much more expensive places. middle eastern oil is actually more expensive to import than american oil is to produce. when the iranians practice closing the straits of hormuz through which one out of every five barrels of oil in the world pass, that raises a level of instability for the whole planet as people worry about what would g...