Detailed text transcripts for TV channel - FOXNEWS - 20100614:15:36:00
Gas lines in the 1970s. back in 1973, when the u.s. endured its first oil embargo, oil accounted for almost half of the energy consumption in the world, now it accounts for 35 percent. during the same period, however, the united states has increased its dependence on foreign oil. in 1972 the u.s. imported 18 percent of its oil, today, we import 55 percent of our oil and the projections show, jane, in the year 2028, if we don't radically reshape our energy picture that figure will stand at 70 percent. jane: pretty stark. james rosen in d.c. for us, thank you james. >> thank you. jon: president ...
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