Detailed text transcripts for TV channel - FOXNEWS - 20120307:23:02:00
>> the republican mantra is we need to drill, baby drill. the slogan may sound good but it's based on complete fiction. >> democrats repeatedly argue there is nothing the u.s. can do to affect global oil prices. >> no matter how much we drill, the gasoline price will rise if there is a crisis in the middle east. >> others natalie dispute that. onee, pert says high prices are due to increaseed demand overseas which has not been matched by increase supply. >> the reason is a mix of voracious, relentless oil demand growth in fast growing asia and the middle east on the one hand. disappointingly s...