everyone, and well only to sunday morning futures. i m sean duffy in for maria bartiromo. today, expanding the base. former president trump spending the week reaching out to thousands in new york city and libertarians in washington. the message was clear, the economy and the border, they matter. they call it the biden migrant invasion, and it s wrong. it s immoral. and the vast majorities of new yorkers agree with me that this is unacceptable. it s unacceptable. we must stop it. trump s drill, baby, drill approach fostered energy independence which we never had before [cheers and applause] low fuel and electricity prices helped moderate inflation and propel economic growth. buttal of these but all of these things have now skyrocketed. they have skyrocketed to levels never seen. inflations has hit us harder than it s probably ever hit us before, and people are suffering because of it. [inaudible conversations] sean: meantime, the left and the senate wasting time with a
everyone, and well only to sunday morning futures. i m sean duffy in for maria bartiromo. today, expanding the base. former president trump spending the week reaching out to thousands in new york city and libertarians in washington. the message was clear, the economy and the border, they matter. they call it the biden migrant invasion, and it s wrong. it s immoral. and the vast majorities of new yorkers agree with me that this is unacceptable. it s unacceptable. we must stop it. trump s drill, baby, drill approach fostered energy independence which we never had before [cheers and applause] low fuel and electricity prices helped moderate inflation and propel economic growth. buttal of these but all of these things have now skyrocketed. they have skyrocketed to levels never seen. inflations has hit us harder than it s probably ever hit us before, and people are suffering because of it. [inaudible conversations] sean: meantime, the left and the senate wasting time with a
the white house announced it is releasing oil from the nation s strategic petroleum verve. joining us now, member of the white house council economic advisers heather boucher. good morning, a lot to talk about. let s talk about the breaking news, united states working in concert with china, japan, india, south korea to tap into its reserves to bring down gas prices. as we were just talking about, we know gas prices going up for american families and one way to deal with this is to make sure that there is oil available. so this is where the department of energy is going to be releasing 50 billion barrels of oil into the market in order to help contain costs, and doing this in concert with a number of allies as you mentioned and also the united kingdom and the purpose here is to reduce prices at the pump. and since the stories who have
powers, judith miller. join us tomorrow, 2:30 p.m. eastern time. we ll have more on the big stories of the week and how they were covered. jenna: an interesting new report out from reuters saying that the white house is considering releasing some of the nation s oil reserves. to offset what potentially could be some higher fuel prices because of some of the tension we re seeing with iran right now. this would be the second time the president has signed off on this, on releasing some of these reserves. now, last year you might remember that 30 million barrels of oil from the nation s strategic petroleum verve were released to offset supply disruptions caused by what was going on in libya. charles payne of the fox business network joins us now. charles, it s one report, it is the not confirmed, but i already see a lot of traders and analysts paying attention to this. so why or why not would this be a good idea? well, you know, the last time they did it, to your point, oil prices did dr