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FOXNEWS FOX Friends First July 7, 2024



griff: i m griff jenkins, carley and todd have the day off. americans are losing confidence in the economy as they watch their budgets eaten away by gas prices. blames big meat, big oil, big tampon, everything else for shortages in this country. griff: doug luzader good morning, a lot of confusion coming out of the white house about the president s trip to saudi arabia, when he is expected to ask for help with high gas prices. will he or won t he meet with solamon? i think he will meet with the saudi crown prince, he has asked suppliers to increase production. they will have a one-on-one meet something that is my understanding. doug: they did tick down overnight with national average slightly bele$5 gallon mark, high inflation still an issue. president biden thinks we might be able to thread a need and he will thread a depression. i don t think a recession is at all inevitable. a recession is not inevitable. a recession is not inevitable, as poli ....

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FOXNEWS Your World With Neil Cavuto July 7, 2024



holiday. we hear the president and democrats could be cooking up. welcome. i m neil cavuto. let s get to it with jacqui heinrich at the white house. hi, jacqui. yeah, with gas prices where they are, the white house is considering an idea that they tabled. that s sending out rebate cards to americans. they re eyeing a decision by the end of the week on whether to extend a gas tax holiday. it is a short term solution as one industry ceo puts it that they say runs counter to the administration s broader strategy. the first year of this administration, they were focused on demand destruction. this could be an exercise in demand construction. the real focus here should not be on short term solutions like cutting the federal gas tax but long-term solutions to provide american energy security from american producers here in the united states. whether the fed can cool inflation without trigger ago recession, the white house is getting creative. yesterday morning larry sum ....

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