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president biden resorted to mocking oil company executives for the price surge and continues blaming russia for his own bad policy. griff jenkins has the latest details. griff: good morning, it is official fox news can confirm the idea barack obama once called a gimmick, president biden will call for it, three-month federal gas tax holiday, he is calling on states to take similar action. gallon of gas was just $2.39 on inauguration day. senator tom cotton calling it a gimmick and saying it is meant to cover up the fact dem policies restricted supply and raised cost. senator tim scott had this to say. we re going to try to trick the market and suggest we can alleviate tax pressure, that is great. but the way gas is ticking up every week, that reduction in price is eliminated in about 12 days. criticism is not limited to capitol hill, target ceo blasting saying it is time to change the supply and demand curve for fuel and transportation. another oil company chief is ....
Feel your party, the Democratic Party does not Pay Attention to them any more you are more concerned with what bathroom people go into, to how they earn a living . What is the message. Very fair question. One, you give me credit. Its about 1 10. Its not a bad rate for me. Look, if we were going back in history to the 30s and 40s, and you asked the average working person, which party is the party of the Working Class in america . Overwhelmingly, people would have said it was the Democratic Party. Today people do not say that. And for good reason. No. When we talk about the greed on wall street, it wean the the republicans alone who did it, they did it with democrats. It was a democratic administration, not a republican
administration, that brought forth nafta, i th ....
Alleviate tax pressure, that is great. but the way gas is ticking up every week, that reduction in price is eliminated in about 12 days. criticism is not limited to capitol hill, target ceo blasting saying it is time to change the supply and demand curve for fuel and transportation. another oil company chief is pushing back on biden accusation of profit earring and chevron ceo says your administration has sought and vilified our industry, these actions are not beneficial to meeting challenges we face and not what the american people deserve that drew a snarky response from biden. i didn t know they would get their feelings hurt so easily. ....
Profits, $11 billion for the last quarter. so that doesn t add up. that just feels like their answer of, oh, well, we don t want to hurt our investors. it seems silly. exactly. there s no point in debating whether companies should have profits. of course companies need to have profits and shareholders want and put pressure on companies to have profits, but we are in a special situation right now. there is a war going on, a lot of people are being asked to sacrifice and what s happening at the gas pump americans are paying more than $4 per gallon at the gas pump but that money is not going to pay for crude oil. they are buying back shares of stock. that is called profit earring or ....
And now you see the leader of the senate calling it a grave mistake. doral is an extraordinary in plain sight abuse of the em olments clause but this president doesn t understand what this clause means. the founders, framers, put that in there for two reasons. to prohibit profit earring by a president or any one of us. the other is to mitigate foreign influence and flying folks in and spending money at his establishments is a clear violation of the emoluments clause and people know that. this man does not believe in his oath of office. i don t believe he s read the constitution. to know that he is bound by these things. he certainly doesn t honor it. i know we have to run. but give us a quick reaction to the death of your colleague, your friend and congressman ....