Detailed text transcripts for TV channel - MSNBC - 20150106:01:14:00
Yeah, let it drop. and all of you people who are getting more difficult to recover oil which is harder to get and more expensive to get out of the ground what we're getting, let it drop below the point where it's economic for you and then you guys feel the pain and then you'll come running crawling back to the kingdom of saudi arabia. >> exactly. you become the swing producer. based upon a very undisciplined drilling for shale wells, we've increased our production by 5 million barrels over the next five years. now, that has to come out, or at least a good piece of that has to come out of the m...