Detailed text transcripts for TV channel - CNN - 20110415:11:38:00
Accounting for that risk in the price. that's what we're seeing. and what we have to do is find ways to address the longer term picture for oil and other types of energy so that we can be sure we meet demand. that will bring it back to a normal price. >> addressing that, is that relying less on foreign oil, is that energy efficiency? is that new kinds of technologies? how do you address that? >> well, it's yes, yes, yes, and yes. i mean in the near term, meaning when i say near term, i have to define my time scale, talking about several decades, there's going to be a tremendous amount of oil n...