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permits inside the u.s.. now that's why biden is goingud to saudi arabia in spite of what they say. i promise youl he will be begging that crown prince right there and kissing up to him and kissing his and begging for oil production. we saw the same thing in russia. i'm sorry europe with russia far left germany. well, guessan what ? they have their own climate alarmists, religious cult. they would desperate toco appeae them a. they shut down their fossil fuel facilities. they outsourced all of their energy needs and did billion dollar dealsid with vladimir putin. ul how's that working outbo ultimately was all about optics ,didn't actually improve the environment. i mean, mother earth, does itmoo matter you get a barrel of oil from here or over here? not really. it always was a huge scam. and now with putin's war raging germany, well, the spigots been shut off. now they have to restart their well mothballed coal powered plants look crazy. now this brings us to electric
spokeswoman liz harrington said in a text to cnn that the former president's, quote, political spending is totally synchronized with his goal of, quote, fixing our elections. joining us now, committee member and maryland democratic congressman jamie raskin. congressman, a president soliciting a quarter billion from citizens for a so-called defense fund that apparently didn't exist, it sounds shady, morally bankrupt. it illegal, however? >> well, let's start with this, anderson. when it's a rule of political fundraising that when the election is over, the winner can continue to raise money and will usually raise a lot of it, but the loser finds everything dry up immediately. it's just like a desert out there. but donald trump figured out a way to keep the spigots of money flowing, even after he lost the election. and that was by claiming he had won the election and it was being stolen from him. so they mobilized hundreds of millions of dollars, as you've
him that far. they haven't done the drilling. they can't just turn on the spigots. we need this solved now and they can do it overseas. he is going to be putting this public pressure on oil and gas companies, but there isn't that much he can do. he's very angry. these companies are making a ton of money. we saw their first quarter earnings last week. exxon, chevron, shell, they're crushing it because who do they serve? they serve their shareholders and shareholders are winning. it's the american people that aren't. while jean-pierre says it's time for oil companies to do the right thing, they don't work for the government. doing the right thing for biden isn't necessarily doing the right thing for them. and i'm not defending them. that's just how the system works. >> stephanie ruhle, thank you so much. we will be watching the 11th hour week nights at 11:00 p.m. eastern right here on msnbc. she's amazing. so just really quickly, what should joe biden be saying? i feel like if they make too many bad guys here, and things don't change for the american
consumer, especially when there's a war going on and you have the oil companies trying to push it back on the president saying this is all about their policies make it political. sort it out for us. >> and i'm by no means defending these companies, but it's not fair, do the right thing. do the right thing by whom? these companies are there to work for themselves, they're there to work for their shareholders. that's what they're doing. they're not a public service. the white house is shaming them. that might have some impact but likely probably not. most likely the white house is going to need to sit down with these companies and figure out is the white house willing to offer something, some sort of floor for them if things aren't profitable? and, again, i'm not saying that's nice, i'm not saying it's lovely. these companies don't have to play ball. while some are saying why is biden going to saudi arabia next month, why is he negotiating with them, all the things they've done? that makes absolute sense. however, you can't just say to the oil producers say jack it up, turn on the spigots.
higher and higher. >> larry: that's part of it. they should be feeding supply. that's not the fed job. i mean, look -- you know, biden wants to tax excess profits, he's going to bring the national guard in to surround exxonmobil operation, probably march the national guard to midland, texas, a fully declared war. he would not give the supreme court justices protection but will bring in the national guard to attack the oil companies. i'm making a joke here but pardon my cynicism, it's the most silly thing. open up the spigots, ok. that would be a big plus. stop attacking business. afl/cio meeting yesterday he talked about raising taxes on corporations. that's what he shouldn't do. >> sandra: unbelievable. >> larry: you need to increase the supply of goods and services in energy, and do it by lowering
lee. here is from others about this split. >> they play a major role in the release of petroleum products for the purposes of costs. yes, i think there is a reason to have those conversations. >> i don't see any evidence that the saudis are going to significantly lower gasoline prices. >> i wouldn't go and if i had to go to the country for some other reason, i wouldn't meet with the crowned prince. i think he should be shunned. >> bret: juan, the question is why not turn the spotlight on domestic oil energy and i asked that for the congresswoman. i have asked it to others, why not open the spigots here more than they are? >> i think there has been an attempt to open the spigots. the congresswoman indicated unused leases right there. i think the bigger picture is it wouldn't have short-term impact even if people took up the leases and started right now. what we are trying to do is deal with the fact that people are
right here? >> well, look, this is kabuki, political theater. you are not going to be able to solve energy prices but asking the saudis to turn on the spigot more. energy does not exactly work that way. yes, they can increase production marginally, but it took us a year and a half to get where we are by the administration taking virtually every step they could think of to reduce the amount of exploration for oil and gas in america. our production is less today than 2 or 3 years ago, and it's going to take some time to get out of there. there are not a lot of spigots around that you can just turn and have energy magically show up. >> karl, good to get your thoughts on all this. do us a favor, stick around for a few minutes, we have some more news we want you to react to. anita. >> anita: fox news alert now, d.o.j. indicting former trump adviser peter navarro on two counts of contempt, defied a
and they're trying to sugarcoatt it and people are going to see right through it. so was a terrible ploy. l i mean, look, you want to endfl inflation. we i've w got a plan, okay? this will call it the kudlow hannity plan because you know, i think you're moving up the ladder to a b or a b plus in economics. no, i got toad grade bear las it week. it yeah, i'm not picking it up here. i' fixing it.yly but look at domestic spending freeze cut tax rates for supply side economic growth, open up the spigots for drilling of oil and gas and pipelines, deregulate business derate yeah, you can track deregulate all of business, stop these price controls and then protecting dollar. the fed is a t going to have too raise interest rates and take some cash out of the economy. that would be an anti inflation plan, but that's. not what you saw in the paper today. what you saw in the paper today is no gas production increases more build back better foron
are trying to sugarcoat it people are going to see right through it. so it's a terrible ploy. i mean, look, you want to end inflation? i've got a plan. we will call it the kudlow hanley plan because i think you're moving up the ladder to a b or b+ in economics. >> sean: thanks a lot. i got a bad grade last week. >> i am picking it up. i'm actually picking it up. a domestic spending freeze, cut tax rates for supply-side economic growth, open up the spigots for drilling of oil and gas and pipelines. >> sean: and fracking. >> do regular business -- yeah, you can frack. deregulate all business, stop these price controls and the fed is going to have to raise interest rates and take some cash out of the economy. that would be an anti-inflation plan. but that's not what you sign the paper today. what you saw in the paper today is no oil and gas production increases, more build back
pansexual. explain that. the blue check brigade was saying how could he not know what this is. look at things like on document in which people say instead of illegal alien. they have a long history of getting their way with this because they are maniacal and they control the spigots of information. maybe not as much anymore. >> greg: big news. huge. >> is enormous what he could do for their future. streaming is in trouble. we get to watch the twitter employees and meltdown. they are tweeting about. they are crying so upset. the richest man in the world who has single-handedly built two amazing companies going to be running their company. if we can access what has been done for the last ten years. if we look back at what was done