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Detailed text transcripts for TV channel - CNN - 20100418:19:30:00

commodities including oil are going to go up. you agree with him. absolutely. you know, it was only two or three years ago that today s world oil price would have been an all-time record high. now it s where oil trades when most oil-consuming economies of the world haven t even recovered from where they were before the recession began. so i believe that we re going to see triple-digit oil prices by as soon as the fourth quarter this year. and by next year, we re going to be assailing that $147 a barrel high watermark that we set in 2008. wow! where we go from there, that s a pretty open question. on some levels we ve changed some of our behavior, some of our driving behavior in the united states. for instance, $3.50, $4 oil did that, right? it took us off of those suvs as much as we were dependent on them. have we changed our behavior enough to manage $4 or higher gasoline? probably not quite enough. and there s going to be one other big factor and one big difference. our fir

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