here the host of varney and company on fox business and american built stuart varney. good morning. steve: you have a long business card, just saying. we are at the gas station and prices are higher now than they were a little while ago. stuart: they are? steve: we heard that is putin s price hike. stuart: it s not. the price of oil has gone up to $81 a barrel. oil is up. gas is up because saudi arabia and opec have cut oil production, a lot. that means a supply problem. demand is strong, up goes the price. i blame biden for at least some of this. because he s the guy, he s the president who said the leader of saudi arabia is a pariah mbs leader. they went out and cut production. biden stopped oil production or reduced it in the united states we have to go begging to venezuela to produce more oil.
you cut supply here and there. the price goes up and biden is responsible for at least some of it. and what we failed to say here is that price of diesel, the average price for a gallon of diesel is now 4.18. dollars. it s up 34 cents in a month. steve: that s on us? of course. it s invisible inflation. drive down the street and see the gas price sign and changes almost on a daily basis. steve: right. you feel it, you know it. like going to the grocery store. price goes up almost on a daily basis. that s inflation in the face. problem for biden. steve: and in our town the rotisserie chicken 16 bucks. used to be 5. it s 16 bucks. the guy who runs that store knows i m talking about him now don t you, mark? stuart: i know how are talking about, too. steve: this is all part of the biden business plan. the business plan is to wean people off of gas station and harness the sun to to run everything. that s imrated some day but today is not that day.
very easy. steve: can i have vanilla and i want some oreos and some hot fudge. sure. steve: a little whip cream. only if you wish carol a happy birthday. ainsley: happy birthday. august 7th and purple heart day and my sister s birthday, too. what do we say? we re so glad you were born. that s right. well, thank you. ainsley: you want to read this for your mom the second hour of. the second hour of fox & friends starts now. boom! do this to try to win an election. time is running out for former president trump to respond to a protective order motion in his election interference case. biden administration does not want the american people to see the truth. they arrest trump over and over again to distract you. the ccp has continued its relentless espionage campaign against america. sounding the alarm off the