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Detailed text transcripts for TV channel - MSNBC - 20100307:13:27:00

the pump. it s expected if oil prices do go up, one of the factors that you re going to see in the gas price increase will be the price of oil. there are other factors, of course, as well, transportation costs, you know, taxes, and whatnot. refinery costs and, again, refineries are switching over their blends, but also, refineries held back in their supply because of the economy. now that demand increases, with the lower supply rate, you re going to see, you know, economics 101, the price of oil and the price of gas increase. that will stay, you think, through the summer? yes. i think for the summer we re going to see that increase. we typically do see it, but again, because of the economy is in check right now, people are still a little nervous, we don t know what s going to happen this year with respect to the numbers, but things are looking fairly good and as we anticipate a better economy, you re going to see the gas prices reflected in that. okay. rhonda, as always, many tha

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