Detailed text transcripts for TV channel - CNN - 20110513:08:07:00
Slightly above $100 a barrel. be precise, 1.5%. it's a similar story with brent crude since april the 12 that's been a fluctuation flattened out in the last couple of days or so. but no one is saying that commodity markets are going to be settling down any time soon. >> from the rising price of fuel, some u.s. lawmakers think it's time to do away with the tax breaks for the oil industry. top executives of several executives appeared before a senate committee to answer questions to defend their industry. here's dana bash. >> this is the picture democrats envision for this hearing. five big oil ...
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