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 pushi
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Former president Donald Trump's ask for $1 billion in campaign donations from Big Oil seems a small price to pay to preserve the tax loopholes that his presidential opponent, Joe Biden, has indicated he intends to close.