Detailed text transcripts for TV channel - FOXNEWS - 20120116:20:47:00
Will be more expensive. >>shepard: demand for gas is down in almost all ports of the world. what happened to the theory of supply and demand. >>gerri: production in libya is down, so when that happens, that means the end rod is more expensive so that is with we have been seeing, the barrel price is going up. >>shepard: the rice for the oil-rowing nations to make money, like saudi arabia was less than $40 a few years ago and now it has to be $80 for them to make money, so ... >>gerri: where do the number come from? that is the big question. we have seen a huge pressure on prices for some time. ...
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