Jeff Flock Reporting News Today : Breaking News, Live Updates & Top Stories | Vimarsana

about 1/10 of 1%, and anyway -- thank you. >> we begin with president biden brushing off august inflation report insisting the economy is still strong despite high prices hammering families nationwide. hello, happy wednesday. john roberts in washington. hi, sandra. >> sandra: sandra smith in new york. comments after the dow plunged 1200 points in yesterday's trading session following the higher than expected inflation number, and it does mark the worst day on wall street since covid shutdowns began june 2020. >> john: biden is back on the road in the motor city of detroit celebrating...

Challenging environment. >> a challenging environment for invest mint. neil, i want to leave you positively with two sets of numbers, this is with regard to natural gas. look at what it was like for europe in 2019. at that point russia was providing 41% of all natural gas imported in to europe. by far the largest. two years later, three years later in 2021, now the u.s. providing the most with qatar and russia providing 20%. the u.s. says we can provide what europe needs. we need to have the chain taken off and folly produce what we can. we can solve this problem. >> neil: you can stay green a...

With our everyday pricing. switch today. >> john: democrats are once again targeting big oil companies as they accuse them padding profits. average cost ticking down a few cents, from 4.32 on monday, to 4.28 today. jeff flock reporting for fox business at a tank farm in philadelphia. jeff. >> kinder morgan tank farm here in philadelphia, bad news on oil if you don't like high oil prices. we are back over $102 for the barrel of oil, bad news, we did as you report got a little bit of a break on gas prices yesterday but i think they are headed back up again on news, i think, from the i.e.a., inte...

That we are in for the biggest supply crunch we have seen in decades. their words. they say it's going to lead to more inflation, purchasing power loss and reduction in growth in the economy. as you report, democrats in both the house and in the white house are now blaming big oil for this. i read from a letter sent by frank palone, he says i'm deeply concerned the oil industry is not taking all actions in its power to lower domestic gas prices. instead, the industry appears to be taking advantage of the crisis for its own benefit. that's when they say, belies a bit of a misunderstanding about...

Problems to deal with. what are you looking for now? >> today at high tide was really what -- what we were worried about, we didn't know how much washover we would get or -- luckily we have robust dune system. we didn't have the washover. we have a high tide this evening around midnight. so we're concerned with that. once we get through that, we'll gear towards recovery. >> shepard: thanks, chief. thank you for all you're doing. yeoman's work. sometimes it can be thankless work. i know that doesn't matter to you. appreciate it, circumstance. >> thank you. >> neil: jeff flock reporting now. how...