Detailed text transcripts for TV channel - FOXNEWS - 20120116:18:18:00
Distillates are also in good shape. so why these prices are staying up is, i think, personally really a matter of decision making on the part of the oil refiners. alisyn: let's talk about iran, and if they decide somehow to close the strait of hormuz, apparently one-fifth of the world's oil goes through there every day. is there any way for the u.s. to pivot and get more of it imports from, say, canada so that we're not as vulnerable? >> first of all, we're not vulnerable to iran at all. alisyn: even in the strait of hormuz? >> and not to that 20% of oil that moves through the strait of hormuz...