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to 21%, so the whole tax structure is rising, the oil companies can t depreciate an expense any plans and equipment, that is a killer for them, so they are not drilling. and you know it, if they were up to 12 million barrels a day, 12.5 million barrels a day, gasoline would be a dollar lower. sandra: so the answer is joe biden s policy. jen psaki was speaking from the briefing room, and was asked about the higher gas prices and her explanation seem to be that the american people just don t get it, they just don t understand sometimes why gas prices go up, listen. i think that there sometimes is a misunderstanding of what causes gas prices to increase, and so to convey to the american people that we are working on it and certainly the supply availability of oil has a huge impact, i would also say that ensuring americans don t bear a burden at the pump continues to

Oil companiesTax structure12 millionSandra smithBiden setJen psakiBriefing roomDollar lower12 5 millionGas pricesAmericans dont beara burdenSupply availability