Detailed text transcripts for TV channel - FOXNEWS - 20140618:20:01:00
$200. the co-founder of pete prosperity.com. why that high? why? >> world oil supplies very tight right now, neil. the international energy agency just a month ago calling on saudi arabia to hit record production territory all on its own. there's less than 50 days' supply of above ground and industrialized stockpiles at this point in time. so the world oil supply is actually very tight, and i know in the united states we have a lot of production and people are focusing on that, but oil is a global commodity. very tight. soatic supplying about 3 million barrels per day into the kitty that gets ...
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