Refining Problem News Today

of cigarettes. all while your government is legalizing weed and, in other places, hard drugs. that make any sense? government makes a fortune on taxing tobacco, over $12 billion a year. why would they want to give that up? any way we begin tonight with bidens war on your ability to live your life without going bankrupt. now, between inflation, spiking gas prices, record prices, a looming recession, americans are suffering and its about to get a whole lot worse. according to one washing...

tobacco products and take nicotine out of cigarets all while your government is legalizing weed and in other pl drugs that make any other sense. government makes a fortune on taxing tobacco over 12 billion dollars a year. tonight they want to give that up anyway. we begin tonight , though,bide with bidens war and your ability to live your lifeno without going bankrupt between inflation, spiking gas prices,, record prices, a looming recession. americans are sufferingbout and its about t...

moment, but first, president biden in south korea today where he is issuing new warnings to china and north korea. jacqui heinrich is in seoul with the very latest. >> reporter: good morning to you, david. in case the subtext of the presidents trip was not clear enough, he wrapped up his final full day in south korea with a not so veil ised warning the china that they better not invade taiwan, or theyll face at least the same treatment that that russia is getting over its invasion of u...

Over the course of the summer. >> i know. >> sean: thats, you know, three months of the year. >> it is. its crazy. you know what? and listen, even president biden finally gets, after hes drained our strategic petroleum reserve, that it isnt an oil problem its a refining problem, right? this is a guy whos made his career trying to shut down refineries. what really bothered me about the gas tax speech today was he credited opec and opec-plus russia for raising production while hes been bark the u....

About 20 bucks over the course u of the summerrs. when i tell you i know thats, you know,w, three months of the year. its crazy. you know, listen. ll and even president bidenft finally gets after hes drained our strategic petroleum reserve that it isnt anrve, oil proble. its a refining problem. right.is and this is a guy thats made his career in trying to shuto down refineries and where really bothered me about the gas tax speech today was o he credited opec and opec plus russia for raising prod...

With britain about releasing strategic oil reserves. it looks like there could be a coordinated effort to increase quickly the amount of oil on the market. so far it has worked. the price of oil just the whisper of releasing the supply from the reserve, the price of oil is down $2 a barrel, about $2.50 as we speak. megyn: i thought it wasnt a supply problem. >> reporter: its a refining problem as well as a long-term supply problem. you get a mine year short-term reaction and the president can th...

>> that could be the one achilles for obama if the economy turns south. one thing that can stop it, high gas prices and everything the obama administration is doing or attempting to do is driving gas prices higher and they are he powering the epa to whatever theyre going to do and pull the permits from shelves and from oil and theyre driving prices up across the board by not allowing us to refine. we have a refining problem when they start to worry about the emissions and start to put dampers wh...