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Detailed text transcripts for TV channel - FOXNEWS - 20120316:14:05:00

Relying on foreign oil. the american people deserve inexpensive oil and gas if it is possible. they deserve it from american sources to keep the money in america, to create american jobs. the president is doing just the opposite. bill: well, phil flynn is an oil trader, market analyst with pfg best research. fox news contributor. thanks, bill. good to be here. bill: how strong is this possibility? i mean it is very real possibility especially with that talk of releasing oil from the reserves early. that may be a signal that the leaders of the united states and britain are worried something is going to happen. and for some time the market has been wore worried something may happen. obviously the biggest concern if israel attacks iran the war may spread. we may see a cuttoff of the world s most important oil choke point, the straits of hormuz and if that happens we will see $6 a gallon. bill: okay but it would go to that price but you think ....

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Detailed text transcripts for TV channel - FOXNEWS - 20110224:16:35:00

Gas today at $3.22 per gallon. our next guest has a stark warning for all of us. he says we re facing potentially the biggest oil crisis ever. he is a market analyst as pfg best research and a contributor for fox business. the worse crisis ever, phil, why. reporter: it is, we don t know where this is going to end. today we re talking about libya. tomorrow we could be talking about algeria or yemen or heaven forbid saudi arabia the world s largest oil producers. the oil prices are settling down a little bit because we hear from opec members, mainly saudi arabia that they are always making plans to potentially make more oil available. who is going to make oil available if we lose oil from another opec country? i think in all of my years of following the oil industry this is one of the most dangerous times i can ever remember. jenna: so, a spike in oil prices ....

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Detailed text transcripts for TV channel - FOXNEWS - 20120411:15:15:15

Detailed text transcripts for TV channel - FOXNEWS - 20120411:15:15:15
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