Detailed text transcripts for TV channel - FOXNEWS - 20110311:17:40:00
Gather data on the oil resources off the mid and south atlantic. and we're exploring safety measures and containment technology. we're looking at potential development in alaska, onshore and offshore. and we're strengthening our relationships of other nations, something i will discuss with the brazilian president next week. all of this can increase oil production in short and medium term. it's not a long-term solution. even if we started drilling new wells tomorrow, that oil isn't coming on-line overnight. even if we tap every single reserve available to us, we can't escape the fact that we on...