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FOXNEWS America Reports July 7, 2024

three republican in the house and karl rove will also weigh in. sandra: big show coming up. first, fox news alert. move to the federal reserve that could impact every american. standing by for a major decision that would be the biggest interest rate hike in nearly 30 years. ok, we are waiting for it. hello, i m sandra smith in new, i don t. trace, great to have you. trace: you as well, i m in for john roberts, and this is america reports. fed decision will be a dramatic attempt to cool down the economy, increasing rates would make everything from a mortgage to a business loan to credit cards much more expensive. all this as president biden continues to deflect on inflation. refusing to take responsibility for the administration s role in skyrocketing prices. sandra: the u.s. has a higher inflation rate than many of the other major economies and the white house is promising a new messaging on the economy strategy with democrats ahead of the midterms. we ll dig ....

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FOXNEWS America Reports June 4, 2024 17:08:00

It does not do that based on the underlying cost of oils. refineries, only 129 in the country, always been a place we need to expand. and we are at 94% operating capacity, only a little more room for them to up production. what do you need to transport the oil once you refine it, pipelines. that s why killing keystone was so significant because he sent this message, we don t want infrastructure in this country, we don t want pipelines. one more point, and love this one. i went on the eia website and look at the refiners, top ten operating facilities, by capacity, number one operating facility is run by moltiva, llc. who 1 it, saudiaramka. sandra: there you go. one can draw a couple conclusions from that. jackie, thank you for that. it is a complex situation but ....

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