digitter together, crude futures are now trading above $85 a barrel. remember last year? down to a low of 34 bucks. trader have been pushing prices higher based on on the fact that the recovery is that the economy is recovering faster than expected. reporter: the current situation is supply and demand, jane, and there s inspectioninglation that as we come out of this recession and things start to improve in the u.s., we re the biggest consumers of oil in the world, as things start to improve, we had the jobs number out on friday that impressed, we had more housing data today that was pretty good, sos withgy we get the better numbers on the economy there s speculation we re going to be using more oil and we re heading into the ever important summer driving season, that tends to boosts prices and actually i m watching oil prices right now, right now they re ticking over # $6 a barrel. so there are analysts that are stepping forward saying we are staring $100 a barrel in the face if
Detailed text transcripts for TV channel - FOXNEWS - 20170430:10:03:00
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Detailed text transcripts for TV channel - FOXNEWS - 20170430:10:05:00
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