Detailed text transcripts for TV channel - MSNBC - 20111019:20:29:00
Nothing but wallowbies there. >> not a lot of good choices in this world where we sit. we're sitting in oil in the context of 9.1% oil in this country. brent oil is at $110 a barrel. if you ask any economist worth his salt 12 years ago, 9.1% unemployment in the usa, zero growth in the zur zone, what's the price of oil, he would have said $10 or $15. it's sitting at $110. there's not a lot of good choices, but the point is in this country, even if you got around the refining problems, even if you wanted to dedicate an island to refinement, we don't have the still sets to do it. this ore is radi...