keep the prices rising unless supply increases. we don t need to produce more. certainly it s good that we have some domestic production. we don t need to be doing more. many don t want more drilling because they want the u.s. to move away from oil to ll terntive such as to alternative such as wind and solar. it s bringing demand down so we re not dependent on oil. whatever happens won t reduce oil consumption for years to come. without production, some predict consumer could see $5 gasoline. by the end of 2012, that s when we vote on who will be the future president. something that may be rolling around in the back of the president s mind as we considers what his energy policy should be over the next two years. in washington, jim angle, fox news. bret: stocks were mixed today. dow gained 20-1/2. s&p 500 dropped 1-2/3. the nasdaq lost 10-1/4. seven insurance companies are suing toyota over crashes
keep the prices rising unless supply increases. we don t need to produce more. certainly it s good that we have some domestic production. we don t need to be doing more. many don t want more drilling because they want the u.s. to move away from oil to ll terntive such as to alternative such as wind and solar. it s bringing demand down so we re not dependent on oil. whatever happens won t reduce oil consumption for years to come. without production, some predict consumer could see $5 gasoline. by the end of 2012, that s when we vote on who will be the future president. something that may be rolling around in the back of the president s mind as we considers what his energy policy should be over the next two years. in washington, jim angle, fox news. bret: stocks were mixed today. dow gained 20-1/2. s&p 500 dropped 1-2/3. the nasdaq lost 10-1/4. seven insurance companies are suing toyota over crashes
a clean energy bill. they that sort of political back room deals that s the essence of the republican debate against this policy maneuver from the white house. shepard: then the environmental groups and they are sending word this is no good at all. yes. most environmental groups across the board are very unhappy about this. because they simply do not accept the premise that offshore exploration and drilling will solve america s long-term energy problems. the league of conservation voters said it s disappointed with this. green peace the only people truly in america happy about this other than president obama is sarah palin. i think it s treal a real betrayal of people who voted for barack obama who share with him a future of clean energy future. why the president was standing in front of f-18 helicopter net on earth day that s going to fly and break the sound barrier for the first time using a fuel mix 50% bioflex fuels. shepard: we won t see supply increases for years, right