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Transcripts for FOXNEWS FOX Friends First 20240604 10:25:00

todd: thanks to two farmers for being here. is that your experience? are you thriving right now? well, we just been through a super cycle, we re at the end of it, we have windfall profit and now the party is darn near over, getting ready to go into survival mode. todd: what does survival mode mean? if you don t need it, don t buy it, pay down debt, don t buy anything like land, it is the peak of the market. this is quite a ride. going in with wheat prices $4 to $5 wheat and they went up to $13 a bushel. for a number of reasons and now they collapsed back to cost of production. todd, with bankers and accountants like scott city,

Time for a windfall profits tax on big oil

The idea of taxing the fossil fuel sector’s record profits to deliver financial relief for working people is gaining traction in Canada. Rent and interest rates are skyrocketing and many

Biden s windfall profits tax pledge resembles Carter administration policy, critics say

(The Center Square) – President Joe Biden s pledge to impose a Crude Oil Windfall Profits Tax on U.S. oil and natural gas companies if they don t increase production to "bring

Transcripts for FOXNEWS America Reports 20240604 18:41:00

i m sorry, you are an important congressman but a lot of people in your party who want to put the final nail in the coffin in this industry. our first goal to keep america safe and strong, and everyone in the democratic party i talk to and the president believes we need american manufacturing here, that means we need energy here and the president believes we need the energy while oil and gas is a key component of it to have that here. but here is the point. some of that investment happened before the administration where wall street and finance was saying long-term you are going to have more renewable energy and did not lend the capital to oil and gas. that was happening during the trump administration. now what the president has proposed, windfall profits tax that larry summers and others are questioning. here is my question for folks. why are the oil companies saying shell on the record in europe, yes, we understand europeans are suffering, we are fine with paying 20% windfall prof

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