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Detailed text transcripts for TV channel - FOXNEWS - 20110702:08:01:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20110702:08:01:00

On average $3.55 per gallon at the pump heading into the holiday weekend. the high fuel costs are a drag on their wallet and on the struggling economy. when president obama took office in 2009, the price was $1.84 per gallon. and had more than doubled by this may before dropping as the global economy slowed and demand reduced. the high price of crude and concerns over comply led the president to announce he was putting more than 30 million-barrels from te strategic petroleum reserve on the market. oil prices are creeping back up. >> the tapping of the spr, short-term solution to energy problem...