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Detailed text transcripts for TV channel - FOXNEWS - 20130711:10:17:00

steve: if you have a car and you re on your way to work, school or some place, buy gas today. why? because tomorrow it is going to cost you a lot more. why? let s turn to that guy, stuart varney varney. what s up? it is going to cost a lot more. we re at the start of a spike. the price of gasoline is going straight up. a lot of analysts are saying it is going to go up between 10 and 20 cents a gallon in the next few days. the reason is the price of oil is going straight up, and the reason for that is egypt. chaos in egypt. the suez canal is in the middle of egypt, and the suez canal is threatened by this chaos in the political situation there, and oil goes through the suez canal. so up goes the price when the suez canal is threatened. al qaeda camps have been located in the desert near the suez canal, so now we have the price of oil at $107 a barrel, and gasoline today is up nearly 2 cents a gallon at $3.52.

Detailed text transcripts for TV channel - FOXNEWS - 20130711:11:08:00

got to be honest with you, they ve earned every penny of that 24% cut. steve: if they did reduce it to that amount, they would be spending about the same that we did in 2001. gretchen: all right. so you have politicians against that. but then does that make this okay? let s juxtapose this story to the one we told you. the u.s. military spending $34 million on new headquarters in afghanistan. here is the issue, they told the groups that they needed to tell before they even built the structure you see that they didn t need it and they went ahead and still built it with taxpayer dollars. i think this probably happens frequently cause these are contracts that are predetermined and then you re going to take away jobs from people who have gotten these contracts and so they just go ahead and use it cause it s taxpayer money. brian: i agree with you if it was in texas or in guam where there are the territory of ours. but this is a war zone and at a time in which he goes to west point a

Detailed text transcripts for TV channel - FOXNEWS - 20130711:10:54:00

steve: they ve gained popularity from celebrities like beyonce and gwyneth paltrow promising to get rid of pounds while getting rid of toxins. brian: but do they work? here to break down and separate fact from fiction is dr. siegle. should i get into this type of diet? no. brian: why? i ll tell you why, the first one we re talk being today is, actually it s healthier to have a steak for a week than to have the master cleanse, which started in the 19 40s who was convicted of medical fraud. the master cleanse, which is probably the most commonly used cleanse uses cayenne pepper, maple syrup, memen aid lemonade. it has none of the nutrients you need. we re being to start with the kilmeade steak cleanse. it s no good for you either, but

Detailed text transcripts for TV channel - FOXNEWS - 20130711:11:06:00

you. steve: all right. thank you very much. gretchen: in the meantime, democrats are now fighting a proposed 24% budget cut to the irs. i believe it s house republicans who had proposed this. president obama and his budget wanted $13 billion for the irs. last year they got 12. now they re proposing that they only get $9 billion and really republicans are saying it s because of these glaring sort of errors that happened, the targeting of tea party. some 290 groups. should we be increasing the funding for this particular agency based on that? brian: when they have their pricey conferences, they don t even bid out these conferences. they pick the first hotel they see. they go and train people to have their roles in star trek. you got to think they have too much money on their hands and they re trying to burn it. i can t believe democrats wouldn t get on the same side against the irs in this situation! major cummings was outraged

Detailed text transcripts for TV channel - FOXNEWS - 20130711:10:18:00

look at that for the price of oil. straight up. the price of gas is $3.52 today and going up a lot more in the very near future. steve: what i learned at the stuart varney school of economics is the fact that the reason it goes up is because we have to get a lot gas of gas over there. if we have it here and we extract it out the ground, the price would be lower. why don t we aggressively go after our own oil? steve: you know that. the environmentalists. that is precisely the reason why. the environmentalists do not want us to take oil from canada. it is supposedly heavy oil and is bad for climate change. they don t want that. so they stopped the pipeline. and the president who is under pressure on a variety of fronts, whether it is the i.r.s. scandal, foreign policy, obamacare falling to pieces, he needs to shore up his base and the environmentalists are his base, so he continues to delay on approving the pipeline. steve: you know something i just have never

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