Fox Business: Benchmark on Oil Prices and Market Impacts


Kevin Kelly from Benchmark discusses the price of oil in the face of our rising output with OPIS chief oil analyst Tom Kloza. Kevin comments on the U.S. producing more oil than in the 1970s (Nixon administration) and is exporting over 1 Million barrels a day. Tom Kloza discusses the outlook for oil prices and the impact of rising gas prices on consumers.