Detailed text transcripts for TV channel - MSNBC - 20110513:11:11:00
Progra programs. they're doing that and sometimes acquire -- some places don't have any oil and have to drill and do a lot of preparation to do that. we know where the oil is. we know there's oil in the gulf, we know there's oil off the atlantic coast, know there's oil off the pacific coast, know there's oil in i las sca. one of the oil people said we spent $3.5 billion in alaska getting prepared to drill and they won't give us the permits. come on. a lot of people don't realize, america is the third largest producer of oil in the world. we could do much much better if we had a group of people...
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