Detailed text transcripts for TV channel - FOXNEWS - 2011050

Detailed text transcripts for TV channel - FOXNEWS - 20110504:22:24:00

>> with the price of isle high and ceremony for federal revenue bordering on desperate, beating up on oil company is a popular political exercise but the industry warns if there is less drilling, there will be less energy produced and higher prices and it would mean fewer federal revenues to collect from the drillers themselves in washington, jim angle, fox news. >> bret: the u.s. service sector grew for the 17th month since april but the slowest pace since august. dollar dips to a three-year low against major currencies after the service sector report. stocks were down. the dow lost 84 and the s&p 500 drop nine. the nasdaq gave back 13. officials say technical discussions with the congressional staff should begin thursday on deal with south carolina, colombia and panama. >> president obama met with britain's prince charles at

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