Detailed text transcripts for TV channel - FOXNEWS - 20130829:10:35:00
That price should go up -- >>peter: can we agree american crude is not going to go down as a result of this? >> if there is no attack or very limited attack with no repercussions, i think crude prices will go straight down. but if there is a prolonged attack and significant retaliation against the straits of hormuz or against these pipelines, i think you'll see prices go much higher. do we agree? >>eric: no. i think what -- there is a conflict in the middle east. traders on wall street, goldman sachs, all those big wall street refiners say we've got news now. now we can drive the price up. you...