Detailed text transcripts for TV channel - FOXNEWS - 20120810:14:06:00
World-wide demand is increasing, that kind of defies a lot of expectations. people say the worldwide recession is holding prices down, but the third world is increasing its demand for oil causing it to go up. tensions in the middle east causes the price rises. the refining capacity in this country is strained exacerbated by the refinery fire we saw this week. all of the prices eventually passed on to the consumer in the grocery store, for any commodity or product transported by truck. rick: doug mcelway live for us in maryland. thanks. heather: the feds are investigating a massive fire at an o...