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Detailed text transcripts for TV channel - FOXNEWS - 20110222:20:07:00

Percent today at $93.57 a barrel. and gatt prices, the national average at $3.17, and a month ago it was b, 3.11 and a year another $2.64. prices are rising. and libya only produces less than two million a day. the worry and the friction of the middle east will drive prices higher. shepard: we anticipated these and wondered why they were not happening. what happened? we are headed to $100 a barrel. last time we had $100 and then a high of $140. it can go up fast. the last time was before the market meltdown at lehman brother s blew up. consumers stopped driving. they usually drive three trillion miles a year and they will stop eating out and ratchet in the spending. and you will start to see prices ....

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