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to increase oil production. most experts say biden's plan will make inflation worse. even some democrats don't support it, but apparently no one told joe that. >> calling on congress to suspend the federal gas tax for the next 90 days through the busy summer season, busy travel season, to the company's running gas stations and setting those prices at the pump this is a time of war, global peril, ukraine. these are not normal times. bring down the price you are charging at the pump to reflect the cost you are paying for the product. do it now. do it today. i'm doing my part. i want th...

in 35 years. katie pavlich is here to react to the pain at the pump coming up. >> john: begin with the fox news alert, the president speaking moments ago in buffalo as the city mourns the deadliest shooting in its history. john roberts in washington. anita, good day to you. >> anita: good day to you, john. president and first lady travelling to buffalo to grieve with the families' victims. accused gunman surrendering to police after allegedly shooting 13 people and killing ten. investigating the shooting as a hate crime. >> john: president biden condemning the incident as an act of t...

Joe biden. >> dagen: as they should, the biden administration has gone to war with natural gas and producers here in the united states. cancelling three offshore leases, one at the end of last year had high demand. but americans just know better. andy is my go-to guy on everything to do with oil production, natural gas production and he expects that retail prices will hit thshgs is the nationwide average, 4.75 a gallon. but john, frankly, i would also pay such close attention to diesel prices. diesel today at a new all-time high of 5.57 a gallon. this is the fuel that moves the economy. and th...

Does. >> john: and in fact, he made a lot of money doing it. much was put in the strategic oil reserve when it was down $30 a barrel. and department of interior announced it's cancelling offshore leases, cook inlet off the coast of alaska. white house says it's because of a lack of interest from the oil industry to develop the leases. these lease sales were previously canceled, same thing in 2007 and 2008 and 2011, supposedly for the same reason, what's the real deal here? >> look, if you can't get financing you are not going to be interested in drilling. if you can't get permits, you are not ...

Here. and that they are -- there is no constraint in the near term to do that. so near record production that is increasing and there isn't any real constraints. and it is the case, i know brian just mentioned this, actually just onshore, not the offshore leases, just onshore, there are 9,000 leases that have been permitted that have not been yet identified. that is part of why in the short term these companies don't need anything more to increase production and certainly they are increasing production now. that is something that we're seeing in the market. and it also underscores that even as...