Detailed text transcripts for TV channel - FOXNEWS - 20110131:06:17:00
Shipments obviously could send oil prices higher. it is not just oil. more than 7 hers of all products and commodities in the world pass through the sue ez canal. lots of grain and finish products and toys. 35 thousand ships a year. >> peter thank you. >> tom price this on the powerful weighs and means committee. he joins me. >> i think we are all worried. >> as well as products and goods and services through that area the amount of oil 33 percent of the world's oil through that area. clearly the stability, the security in that area is not just for the region but for the