Detailed text transcripts for TV channel - MSNBC - 20110527:20:46:00
Away from it or maybe not have that tomato on our sandwich. but oil is such a critical import to the economy that when you have an uprise on the arab spring and libya in particular, one of our suppliers, there is not wiggle room. there is shake-up. you have seen prices pull back a little bit and that's helpful bp but there is not a lot one can do in the short run to mitigate any kind of a supply constraint like this. of course there is the petroleum reserves but they are really reserved for a much steeper shock than this pz peter, do you agree there is not much we can do in the short term. >> ...
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