Detailed text transcripts for TV channel - CNN - 20110303:23:14:00
Jack cafferty has been thinking about our dependency on foreign oil. here's here with the cafferty file. >> violence in the middle east is driving the price of oil higher. it's time like these that our addiction to imported oil comes back to haunt us. it's worse since the horrific bp spill in the gulf of mexico last spring, which killed 11 rig workers and dumped 5 million barrels of crude oil into the gulf waters. suddenly all drilling activity in water deeper than 5,000 feet was ordered stop. the obama administration has given no sign that drilling would return any time soon. at least not to ...
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