Detailed text transcripts for TV channel - FOXNEWS - 20120223:01:05:00
You know, there is no shortage anywhere so it should remain stable or go down, correct? capitalism? >> well, you are right about capitalism, bill, the assertion that we have somehow as a refining industry. >> bill: no, no, no, no. you are getting ahead of yourself. i'm not blame be anybody for anything. just step-by-step. capitalism, supply and demand. plenty of supply. price shouldn't be going up theoretically, correct? >> the global demand dictates. >> no global, just here. >> bill, you are interpreting the situation here. it is a global economy. we are not living in some sort of vacuum or s...