Detailed text transcripts for TV channel - FOXNEWS - 20120402:14:34:00
The president is talking about is increasing the taxes on new drilling. that means they're going to get less drilling and the effect will be less domestic energy and higher prices in the future because we're not going to have access to a lot of that energy that we have so much of. by the way i have to say this, the president said three or four times in the last several weeks we only have 2 percent of the world's oil. this is -- that is complete imple wrong. fox news did a great story on this. we have, if you count all resource necessary states like montana, north dakota, texas, off shore, we h...