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Detailed text transcripts for TV channel - FOXNEWS - 20110702:17:47:00

a lot of things to celebrate this 4th of july weekend, including lower gas prices. can you imagine? the national average for a gallon of regular gasoline falling 24 cents since memorial day, so, what s behind this trend, and could it get better as the summer goes along? ed is the managing partner of chatwood investment management. good to see you. happy 4th of july before we get into it. gas prices being lower, what do you stay about this trend, sir? well, i don t know if it s a trend. you know, let s remember, memorial day prices were very, very high and trends don t happen day by day, week by week and quite frankly, kelly, month by month. prices are lower, i m thrilled, i m about to take a drive tomorrow. ....

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Detailed text transcripts for TV channel - FOXNEWS - 20110702:17:16:00

Cut that spending at the same time they re willing to raise taxes? of course not. they only talk about raising taxes now, and give these phony excuses with lear jets and everything else which don t make a dent in the kind of spending this government does and the kind of deficit that this president created. lets r let s get real. this president has not led on and all of a sudden the president woke up to the fact that the democrats are calling for leadership, the american people are calling for his leadership and the leadership is not demonizing republicans over taxes, it s democrats spending too much. jamie: chris, will let me ask you the final question. the president s response to the address this weekend. senator coates said why can t we live within our means, why is that a difficult concept to come together on? i think we have a different opinion on what our needs are. ....

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Detailed text transcripts for TV channel - FOXNEWS - 20110702:17:01:00

A royal wedding is going on now. kelly: and fires in new mexico, battling the largest wildfire in state history there. officials say the fire is no longer creeping up on the lost al amos lab, and firefighters are working on knocking down the flames. don t take it on one big part. one piece at a time. this unprecedented dryness makes the state a tinder box. kelly: it s dry out there. and dan springer is live in los alamos, dan, it the threat to the lab over? i think so, and tell you why, the director of the national lab said they ve transitioned from an emergency stage into recovery and so that means that they know longer have the need for all the firefighters that they had previously around this lab protecting the structures and ....

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