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Ship Logjam Grows; White House Raises Alarm: Suez Update

Ship Logjam Grows; White House Raises Alarm: Suez Update
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Efforts to Refloat Ship Resume; Dredger Deployed: Suez Update

Efforts to Refloat Ship Resume; Dredger Deployed: Suez Update
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Detailed text transcripts for TV channel - FOXNEWS - 20110131:14:08:00

Down 1 cents per gallon. so you could say that you ve got stability, as we all get rolling this monday morning, very different from what we saw on friday. martha: you know, stuart, the markets tend to sort of look into the future a bit, and see what s coming. now, what are the markets telling us? are they telling us that they believe there may be some kind of stable transfer of power and that the cabinet members that have been put in place in egypt may provide that stability at least in the short term? i don t think the markets are making any kind of political judgment at all. the markets are saying look, if there is no disruption to shipping in the suez canal and no messing around with that oil pipeline that cuts across egypt, then we re not going to run the price of oil back up again. but there is any interruption with the suez canal shipping, anything to do with that pipeline in egypt you will see that price go up again. this is a minute-to-minute hour thing for the financial peop ....

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