CSPAN Capital News Today May 14, 2011
someone played that speech. since then, it's been talked about all over the country with the experts saying impossible. but the retail price signs in california saying it's here. 5 dollars is here. and so the issue is the forecasters have never predicted accurately. i predicted $5 for a simple reason. we're not producing enough domestic oil in a country that has more oil than it will ever use. i testified in congress in february suggesting to the committees that we raise u.s. production back to where it used to be. ten million barrels a day. ten millions barrel a day equals half, jus...
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