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Detailed text transcripts for TV channel - FOXNEWS - 20170623:18:55:00

now. national average 2.27. in some states are already below two dollars a gallon on average like south carolina and oklahom oklahoma. he was production is still strong. we are still about $40-barrel. that s kind of the break-even point there for a lot of wells. we are 9 million barrels a day plus last week in the u.s. that s a million barrels more a day than we were at this point last year. u.s. production is holding on. the other piece of this is demand. we are not driving as much apparently as we thought. they put a note out today saying we not doubt that the man growth will accelerate sufficiently to break the current downward price momentum. they don t see demand picking up which would drain some of that supply. as i said, we are about $43 a barrel, it s a real sweet spot. we have cheap gas, and you know if we stay here, let me go on for a while. it s usually higher in the

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