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Detailed text transcripts for TV channel - FOXNEWS - 20120216:12:05:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20120216:12:05:00

Gallon in february. this is the highest february price ever on record. so we're starting at a high level and it's probably going to, because of summer demand in iran. >> it always does. >> steve, you hit it. there it is right there. when mahmoud ahmadinejad puts the switch on his new -- on their new nuclear enrichment facility, he basically tells the world we're here, we're going to develop not only power but likely a nuclear weapon. israel is saying no. israel is threatening to bomb iran. so all this tension in the middle east that accounts for 40% of the world production of oil, all that ten...