they should be confused because it seems like whenever oil prices drop a little bit, biden thumbs his chest and take credit when they go up or let putin s fault. somebody else s fault. you gotta remember a day when they cancel the keystone pipeline suspended oil and gas drilling canceled a bunch of leases in the gulf of mexico when they wonder why when not producing more oil they need to look in the mirror they re the ones causing this. and the blame game is it get a lot even and the whole thing because people aren t buying it. when they look at the numbers you can see they re not buying and the administration somehow is convinced that they are selling exactly what the democrats went. president biden is being ver clear with the oil and gas companies. the fact is that they ve made record profits and it now exim is talking about getting back t the american people by putting it into dividends. talk about out of touch a president biden is putting them on notice to say enough is
out of time. katie and amanda michael ketchu study audience fox new @ night was dreamy i love you america idea. thank you good evening everyone welcome to america s late news fox new @ night. i am trace gallagher in los angeles. breaking tonight after repeatedly blaming maga, republican scope it up vladimir put president biden is brimming are energy problems on big oil and he wants to make them pay b asking congress to tax them. at the same men who campaigned on ending fossil fuels now want
affects it from the diesel shortage are maryland, virginia alabama, georgia, tennessee and the carolinas. at the biden administration say the us of nutsie shortages like this since 2008. it mansfield also said a normal day has 50 million barrels of diesel and storage on the east coast but right now it has less than 25 million barrels available. a very ashley strohmeyer big q. as she said were getting low on energy but according to president biden is a bunch of blame to go around. let s bring in david carlucci and that matt gorman. welcome to you both. matt you first. at the oil and gas association as baffled as you might ve hear from our conversations with ashley and kevin. the president must dictate how much oil they produce and at th same time saying we re going to phase a wheel out down the line. it s a little bit concerning.
would come down an additional 5 cents. if they which is passing the prophet the white house a list of those to blame for high prices at the pump, they continue to expand. now it s big oil we ve heard other sources before i like et cetera. the white house also points out there willing to raise taxes to compel big oil companies to produce more energy. as you can imagine and it s energy reps are nonplussed to compel big oil companies to produce more energy. as you can imagine and it s energy reps are nonplussed so the white house is saying that the federal government will begin dictating our quiet level of oil and gas investment designed to increase production of oil and gas via tax code while simultaneously phasing ou oil and gas investment via another part of the tax code. there s that. another president will be on th road once again tuesday this time heading to the great state of florida there will he will b stumping democratic candidates including charlie crist who is
down significantly down from their staggering high watermark earlier this summer. here at home in america that they are down more than a dolla 20 cents the peak this summer. they ve been falling for the best part of the last three weeks. but here s the context. yes it is a true gas is cheaper now that it was back in june when the average top to $5 a gallon. a record but it is still a up when compared to when biden too office when it was 239 to hear the president tell it it s not his policies that s not the problem. it s a greedy big oil companies responsible for your payment of the. these companies are making average profits by refining oil over the last with the years. instead of the outrageous profits the making today and if the paths of the onto the consumers, the price of gas