This is a rush transcript from "The Five," February 19, 2013. This copy may not be in its final form and may be updated.
DANA PERINO, CO-HOST: Gas prices up for the 33rd straight day. That's one reason some people want President Obama to approve the Keystone pipeline, which will carry oil from Canada to Texas, but others are opposed. Environmental activists were in D.C. over the weekend. They are worried that the Keystone pipeline would increase global warming. They hold a protest on one of the coldest days of the year.
One of them threatened to use any means necessary to stop the pipeline from happening. Listen.
(BEGIN VIDEO CLIP)
REPORTER: What do you mean you'll dismantle the pipeline?
UNIDENTIFIED MALE: We will dismantle the pipeline. We would like for any means necessary for this pipeline to not be built. Whether that means strikes through workers or by any means necessary.
REPORTER: You're not endorsing dismantling physically, a violation of the law or any kind of eco-terrorism, are you?
UNIDENTIFIED MALE: It depends on the circumstances.
REPORTER: So, that's not out -- it's a possibility?
UNIDENTIFIED MALE: Any means necessary, we mean by any means necessary. We would support it.
(END VIDEO CLIP)
PERINO: I think he means business.
Eric, can you explain why the increase 33 days in a row? And why people, why gas --
ERIC BOLLING, CO-HOST: He's cool, first of all, that guy.
GREG GUTFELD, CO-HOST: Any means necessary. That means he's going to call his dad for more money for rent.
PERINO: Do you think -- it was freezing, with the wind chill, minus 20 or something like that. I mean, it is -- you have to hand it to them. They are pretty dedicated, even if they are misguided.
BOLLING: You have to remember, at least two occasion where they were doing a global warming conference, and it had to be canceled. One time for snow, one time for cold.
All right. So, here's the deal, Keystone pipeline --
PERINO: Yes, why do they take January or February --
BOLLING: Keystone pipeline will bring 600,000, or 700,000, or maybe even 800,000 barrels of crude oil to Houston refineries down there. That will help because 65 percent of the gasoline is crude oil, import price. More supply, bring the price down.
We really need more refining capacity. But once you fete that and more crude oil prices will drop. We need one blend of gasoline.
KIMBERLY GUILFOYLE, CO-HOST: Have you not been saying this? Yes. Look what happened.
BOLLING: Right now, we have 100 blends of gasoline. There's no reason to have a West Coast blend, an East Coast blend, Chicago blend, outside Chicago blend. It's summer, winter, or fall blend. It's absolute insanity. Pick one and prices will drop.
BOB BECKEL, CO-HOST: The truth of the matter is, Obama said in his State of the Union speech, we're importing less oil than we have been in long time, one.
GUTFELD: Because of fracking.
BOLLING: Two, there are -- there are a group of refineries that are down going through the more winter change over and cleaning. And we lost Hess refinery in New Jersey because of Sandy. There is something to be said about not being able to refine oil and getting gas out there. The price is going to go up.
BOLLING: Can I just address that quickly?
BOLLING: It's the highest price for February 9, what, 19th today, the highest starting price in history. So, whatever happens over the summer, we are starting --
PERINO: And the refining capacity issue has been that's been building for about 15 years. So, it's not like Washington couldn't deal with it in some way and get some, get ahead of it. One thing I want to get Greg's take this on.
PERINO: Because a lot of celebrities --
GUTFELD: That is true.
PERINO: Keystone pipeline is their deal. Listen to Rosario Dawson.
BECKEL: Who is Rosario --
(BEGIN VIDEO CLIP)
ROSARIO DAWSON, ACTRESS: This pipeline is not for the benefit of the American people. This pipeline is so that we can start selling to China and other places, which they say would create jobs and it's about bringing in money. But most of that money isn't trickling down to anybody.
(END VIDEO CLIP)
PERINO: Are you persuaded?