Detailed text transcripts for TV channel - FOXNEWS - 20131023:16:48:00
To see the oil production boom in the lower 48 at a time production is stead decline of alaska, this is the place of drill, baby, drill, hard to take. alaska is in fourth place behind texas, north dakota and california. production peaked in 1998 at 2.1 billion barrels per day, excuse me,illion barrels per day. now at 526,000 barrels a day. republicans put most of the blame on alaska's high production tax. when prices are high for oil like they have been, tax rate is at 75%, much higher than in the other oil-producing states. so the republican governor, sean parnell, pushed through a huge tax-c...
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