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>> excuse? >> tapping the strategic oil reserve is going to do nothing about prices. look, the prices in the u.k. are up to 8 or $9 a gallon now, most in taxes. if the president wanted to provide instant relief, as your he saying, jamie, he could cut the federal gas tax. i remember when those used to be posted on the pumps, but the politicians removed them so it wouldn't remind people how much of their $4 gas is going to the government. >> jamie: the president says he wants to give relief to the consumers. here is question, drill or don't drill. >> they are drilling and it's a myth to say we'r...

>> glenn: after you watch tonight's show does it make for sense to you to support the revolution in egypt and not iran? praise for muslim brotherhood is peaceful and tea party is violent no war for oil no, war. then all of a sud an third war in a muslim country without congress and the u.n.? doesn't make sense france leads the attack. does it now? disrespect friends in israel after being pleasant to the foe. one thing left. high oil prices, don't drill and help brazil drill. brazilian company has been given okay to do the first ever floating deepwater gas production. storage offloading facilit...

We need to be drilling our own oil so we are not sending them hundreds of millions of dollars. megyn: how do they control the price of oil and what can we do about it. >> reporter: through opec. it's the only cartel on the planet that's worked. as prices go higher what they should be doing is raising production. the problem is when they think $100 a barrel is cheap they don't raise production. so the same amount of oil is on the market as the world demands more oil. we have an administration that says don't drill here, don't drill now. we'll deal with green fuels. those don't work. we need mor...

Lot of confidence -- >> when there is an accident it is so catastrophic there's an argument -- to me it says don't drill. but i think people who do support drilling it would at least give you pause. >> sean: here's the pause. we to be ready for contingency plans fit happens. we had contingency plans and the was not prepared to implement what their own study said. >> i will say that this -- the greater concern now is for those fighting for their livelihood. we are talking about jobs. putting americans back to work. we are all concerned about our environment. we are talking about jobs and the li...

Lot of confidence -- >> when there is an accident it is so catastrophic there's an argument -- to me it says don't drill. but i think people who do support drilling it would at least give you pause. >> sean: here's the pause. we to be ready for contingency plans fit happens. we had contingency plans and the was not prepared to implement what their own study said. >> i will say that this -- the greater concern now is for those fighting for their livelihood. we are talking about jobs. putting americans back to work. we are all concerned about our environment. we are talking about jobs and the li...