Detailed text transcripts for TV channel - FOXNEWS - 20120407:09:28:00
They had to literally drill a mile into the ocean because weren't oil companies pushed out that far because of environmentalists? in other words, they could have drilled in shallower water. >> yes, but as years have gone by there are resources or places you haven't been able to get to before. today we drill in tighter rock than we did decades ago. and for us in the united states what that means is we have a tremendous amount of is supply in tighter rocks that require us to use fracture treatments or fracing in order to get out oil and gas. >> sean: talking about fracing. we have all this oil s...