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Gas myths debunked

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  • Description

    John Stossel tackles oil misconceptions

  • Duration 3:06
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Not now -- Thank you run out of oil by the year 2015.

What's behind the recent.

Fluctuation in prices well according to John Stossel there's a lot of gasoline that you don't know.

Where we get most of the oil from acting like -- -- countries -- -- Saudi Arabia.

Is America got a lot of gasoline -- win.

Highly sensitive to -- hanging out as the host its tassel John stay Russell indices off almost morning so -- did do the people have a right.

-- -- -- People have been saying we're gonna run out of gas is peak oil and we keep using our.

Brains finding new ways to find new oil -- so in your show you're going to debunk.

The top myths about gasoline.

Then we're starting with we're running out of gas which you just did America's ultimate goal should be energy independence.

-- do we have tennis -- independents and food and independents it's good to trade trade makes us all safer and richer oil company profits are.

Disgusting.

While they're big companies that make a lot of money but.

Eight cent six cents per gallon the government takes about sixty cents per gallon in California.

I think their profits are small -- people don't really know that that's an amazing stat actually okay a number for our oil comes from evil dictators.

Most of America's oil comes from -- America.

Most of well we import comes from Canada and Mexico.

And the final one -- cars -- -- good for the environment and America wise MF.

Even the environmentalists not say oops well -- cars that come from coal plants and they have all these unintended the environmental consequences and ethanol likewise so you had it out with Bill O'Reilly.

And I wanna show just to snip -- of that and letter you received when you think one since.

I'd.

A lot mile oil well -- China when oil prices here are so high.

-- -- supplied little hole here so oil prices come down there where you left quietly let you -- -- -- let force it to grow here you want to punt a lot of analysts companies that are good at refine it.

Yes keep me -- you find it funny -- Mary big companies traditionally is -- I'm still gonna take.

-- frequently gallon here you want to keep everything we make it America here I want you to be coordinated.

I don't care.

So you didn't get deported ultimately but who -- that I.

You're at the outside.

He's wrong I'm right trade is to -- and you're not gonna.

Reduce oil prices by bands on exports.

So also he had a bet with -- said prices are fixed and a thousand dollar bet but he's so rich he paid me 5000 dollars did he did would you do with the money.

I gave it to stop -- the classroom my -- work.

Out all right I didn't know that that happened at Riley paces -- Anybody ransom even we can -- you tonight on its tonight right yes 10 PM -- nine.

On the Fox Business -- thanks so much --

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