martha: so 50 million barrels will be released from under the ground stockpile. we haven t seen this kind of release in over ten years. it was just last month that president biden was talking in a town hall and explaining why releasing from this strategic petroleum reserve wouldn t make any difference. watch this. i can go in the petroleum reserve and take out and probably release reduce the price of gas maybe 18 cents or so a gallon. still going to be above $3. martha: congressman jim jordan is here with his take on this. first, art laffer, former economic adviser to president reagan and president trump. thanks for being here today. thank you. martha: we ve seen this move from both president bushes, released from the spr as it is known. president obama did as well. did it make a difference then