very hot topic for the house panel that is probing the most pressing threats that face the u.s. today. we should recognize that beijing seeks to divide the euro atlantic alliance. martha: that is a serious question, beijing seeking to divide us from our allies. we are going to talk about that in moments. house republicans also today busy day on the hill, as things get rolling the beginning of this february, there were grilling former twitter executives, this is quite a lineup they have got come on the company s role in suppressing the hunter biden laptop story and how they came to those conclusions. i think you guys got played by the fbi. five days after you guys take down the hunter biden story, 511 former intel official send a letter and say the hunter biden story has all of the classic earmarks of a russian information operation. the information operation was run on you guys. we could talk about civil rights, voting rights, abortion rights, instead we re talkin
now it is 16% per year you can t argue with the numbers. you want to mention the last administration, the way people feel, people s perception of the economy is a joe biden s political reality, they do not feel more prosperous. with respect to gene sperling who sat here, one thing, the new metric is not job creation, how do people feel about household finances? he said every single job came back from all of the mom-and-pop s did not come back. small businesses and so many places are devastated, the play. come on come on now, we have a historically low unemployment. that is not the metric. you know why people do not feel comfortable? we had three years of the worst pandemic in our history and it drove our economy into a pit and joe biden in fact, when you look at, you say the people, 202010 now, guess what, kellyanne? the big intervening phenomenon was the pandemic. martha: the curtailing of the pandemic sort of naturally
bill: a lot of them bought oil last week when it was up. the bottom line here, is that the administration, the people inside the beltway, do not understand business. remember the supply chain problem. we re just trying to resolve right now. this is all about their misunderstanding of the supply chain for the people who buy, because he used to be a part of this. the people who buy oil or buying for the future. the people who are selling you gasoline at the gas station, first of all they are mom-and-pop s. 150,000 of them. owned less than 5% owned by the oil comedies. they are selling today, what they bought yesterday. or last week or a couple of weeks ago. they fill up these big tanks at gas stations. so it is an attack on the retail side when the traders are going up and down, based on their future expectation. what s happening here is president pot in his cave and into these radicals like aoc and the others, who just do not understand the way that markets
their story from philly today. hey, jeff. that s right, bill. just outside of philadelphia and abington pennsylvania for the gas station behind me, yeah a mom-and-pop station peer to franchised station paired that s what most of the stations are. take a look at this number. you think big oil controls gas stations, no. just 5% of the 150,000 gas stations in this country are controlled by big oil company for the rest are real mom-and-pop s. yeah. the other myth, myth busted number two, the fact that they make a ton of money off of gas. actually, most of the stations have a convenience store attached to them and they make more of the money off of the convenience stores. the gas markup, very small. listen. the profit margin on gasoline is very, very small. two, three, $0.04 a gallon. that s why see most gas stations now have convenience stores. they are probably making more in a cup of coffee they sold to them on the gasoline.