Detailed text transcripts for TV channel - FOXNEWS - 20120326:22:32:00
Ourselves on the path to a real sustainable energy future. >> the problem is most analysts say transition to alternative takes longer than drilling would. >> we have a capital stock of hundreds of millions of vehicles. the type of transformations take decades. maybe even 50 to 60 years. >> the president talks about drilling pew figures show he is issuing far fewer permits than the predecessor. at the end of the bush year, six to 7,000 permits a year were issued. under president obama the numbers dropped significantly to a range of 4,000 to 45,50 4,a year. since it can take seven to ten years f...