Detailed text transcripts for TV channel - MSNBC - 20110424:13:25:00
About in the middle east. libya supplied 2% of the world's oil, but the price lineup by -- people think the fear premium on oil is somewhere between $15 and $25 a barrel. a country that provides a fairly small amount of oil. the worry is that this will spread to someplace like saudi arabia. and then that's where you get the nightmare scenarios of $200 oil. >> who makes money when the gas prices go up? >> oil companies. they do the same amount of work, and they are charging a lot more for the product. but, you know, they are almost passive in this in a way, because they are not the ones pushing...
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