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Detailed text transcripts for TV channel - FOXNEWS - 20120603:05:54:00

to get to the oil they dig sideways through as much as seven miles of earth. what they find is delivered through long billion dollar pipelines and put in expensive tank teors ship it across an ocean. then it s refined into several types of gasoline. transported in trucks that costs hundreds of thousands of dollars each until finally it gets to stations that spends a fortune in safety devices. even after that the gas still costs less than the bottled water they sell at gas stations. if government produced gas would it cost $50 a gallon. [ laughter ] john: there would be shortages. they complain about their profits but we should be glad they make lots of money. profits help pay for pollution controls and pay to help them look for more oil. how much profit do they make? people think its buck or two a gallon, exxon s profit is just 6

Detailed text transcripts for TV channel - FOXNEWS - 20120603:09:54:00

what they find is delivered through long billion dollar pipelines and put in expensive tank teors ship it across an ocean. then it s refined into several types of gasoline. transported in trucks that costs hundreds of thousands of dollars each until finally it gets to stations that spends a fortune in safety devices. even after that the gas still costs less than the bottled water they sell at gas stations. if government produced gas would it cost $50 a gallon. [ laughter ] john: there would be shortages. they complain about their profits but we should be glad they make lots of money. profits help pay for pollution controls and pay to help them look for more oil. how much profit do they make? people think its buck or two a gallon, exxon s profit is just 6 cents per gallon.

Detailed text transcripts for TV channel - FOXNEWS - 20120602:19:54:00

sideways through as much as seven miles of earth. what they find is delivered through long billion dollar pipelines and put in expensive tank teors ship it across an ocean. then it s refined into several types of gasoline. transported in trucks that costs hundreds of thousands of dollars each until finally it gets to stations that spends a fortune in safety devices. even after that the gas still costs less than the bottled water they sell at gas stations. if government produced gas would it cost $50 a gallon. [ laughter ] john: there would be shortages. they complain about their profits but we should be glad they make lots of money. profits help pay for pollution controls and pay to help them look for more oil. how much profit do they make? people think its buck or two a gallon, exxon s profit is just 6

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