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have no predictions about that hearing, and i'm just gonna sit back and experience it. it feels like it's gonna be a big deal. >> the fact that they booked it for prime time is a really hard ask of all the tv networks to get them to give you that time. it implies that they think they've got something that they really expect and want millions of americans to watch. and so, i think you can have those expectations, but in terms of what we are gonna learn, we are going to lay out, or what they might sum up from what we've previously learned from them, i'm with you. i just want to see it ...

7:00 eastern. for the january six hearing. but, now it is time for the last word with lawrence o'donnell. >> good evening, rachel. i'll be joining you thursday night in that coverage, and i have no predictions about that hearing, and i'm just gonna sit back and experience it. it feels like it's gonna be a big deal. >> the fact that they booked it for primetime is a really hard ask of all the tv networks to get them to give you that time. it implies that they think they've got something that they really expect and want millions of americans to watch. and so, i think you can have those...

Contributed? and what will the decline mean for inflation? >> well, first, there is no doubt that energy plays a significant role inflation, because it's -- we are not a food farm to table. we are farm, the truck, to tables. food prices are heavily dependent on the price of gasoline, the price of diesel, the price of energy that it takes to do irrigation and for crops and for animal feed. so across the entire chain, when it's transportation, or gasoline, and energy prices as well, as food prices, they all affect each other. so there's a real correlation between the high energy prices, high oil...