Detailed text transcripts for TV channel - CNN - 20110227:17:50:00
In the moment when the gas prices are rising, you see everyone scrambling, you know, tap the reserve, get rid of gas taxes. the reality is we have to get ahead of this and have a serious national energy policy that leaves us less reliant on oil and less exposed. >> since we aren't ahead of it, is there a point you go, whoa, price is too high. we need to bring it down or let it role? >> i don't think we are there yet. oil prices are still below $100 a barrel. it is painful but manageable. we can digest that. if they rise measurably above $100 it becomes a problem. we are not there yet. i'm hope...
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