agents themselves, the headquarters concealed it, the fact that they opened the investigation with a document that claimed the information came not from sussmann but from the justice department, there s a lot here that is very disturbing. it s good that we re getting light shed on it. i think it s hard to do this by indictments if you take the position that the people who were in on it were duped by it. trace: interesting. good stuff, andy. thanks, trace. trace: president biden says he laser focused on addressing inflation. but his way to do that is pushing the burden on others. susan li and david asman next. while we cite the global numbers to make clear that this is a global phenomenon, we re aware every day, but it s of little comfort for an american
there s not been a lot of motivation for the oil companies to brings capacity online after shutting refineries during covid. this is a problem. because it s accepted on wall street that for every penny increase in gas prices, that s a billion dollars less when it comes to consumer spending. do the math here, trace. what does that mean for an economy? trace: yeah, it s amazing. this is peter doocy taking to the white house press secretary about gas prices. watch. doesn t biden take any responsibility for his policies potentially contributing to inflation? his policies have helped the economy get back on its feet. that s what his policies have done. trace: back on track. karine jean-pierre says that. your thoughts? it s exactly the opposite. was it alice in wonderland where she was in place and everything
was the opposite? he came in with an economy growing at 4.5%. we now have a negative economy. we did in the first quarter of this year. we had negative growth. it was down 1.5%. that is a huge drop in the gdp. so it s going in exactly the opposite direction. all of his policies, selling off the strategic reserve, our petroleum strategic reserve has not caused gas prices to go down. they have come up. remember a couple months ago, the president was wagging his finger at mom and pop gas stations for raising their prices because oil is going down. oil came very close to $120 a barrel today. it s now down about 115. it s still more than it was two months ago. trace: any final thoughts on the meeting with jay powell and president biden? some in cnn said it was the worth meeting since kanye west tried to sell the air force wing
prices in that wall street journal op-ed. he said as david alluded to, you look at the graph. this is beautiful the war and you can see oil prices were on their way up. i laugh here, susan li, it says 4.75, 4.61. out the door here, it s about $7. we would love to see a $4.75 sign in california. it won t happen. your thoughts? gas prices are up 50% the last year. the biden administration has very few options right now to bring down gas prices. yes, they re blaming external factors. what about motivation? new gas and oil leases for those to maybe pump more gas and to explore in different areas across the country. refining capacity.
could have died or been permanently injured. over the past year, that has risen to 551 reports. the nhs says it is working hard to free up hospital beds to see patients quickly. the government says it is providing billions of pounds to tackle the treatment backlog in england. doctors, though, say too many people who need emergency care are still left waiting. jim reed, bbc news. the united states has become the first country to the born 1 million deaths from covid. doesn t biden said it was a tragic milestone, and the us must remain vigilant. it is the us must remain vigilant. it is the highest total in the world, although the world health organization says the true death 0rganization says the true death toll may be much higher elsewhere. rebecca vardy is giving evidence for the third day at the high court where she is being questioned about allegedly leaking stories to the sun newspaper. she is suing coleen