Detailed text transcripts for TV channel - FOXNEWS - 20110313:18:16:00
Past year is higher than it was over the last seven years. let's take a look. >> any notion my administration has shut down oil production might make for a good political sound bite but doesn't match up with reality. >> chris: is president obama to blame for rising gas prices? >> he certainly participated. in spite of what he said, production is up slightly principally because of actions by the previous administration. but this administration, the last two years, has been shutting down wells, senator vitter had a whole list of rigs in the gulf of mexico and where they've been moved around t...