what energy secretary jennifer granholm told me, next. oh no. for the gifts you won't forget. winter event. get a credit toward your first month's payment on select models. >>> with growing concern over inflation president biden announced a rare step this afternoon to try to lower gas prices. the president said the energy department will tap into 550 barrels from the petroleum reserve and called it the largest release from the u.s. reserve in history. the move was made jointly with other coil consuming countries including china and india as oil rich nations continue to ignore requests to increase production to prepandemic levels. president biden says it will take time to see a change in prices. >> while our combined actions will not solve the problem of high gas prices overnight it will make a difference. it will take time but before long you should see the price of gas drop where you fill up your tank. >> i spoke about the move earlier with energy secretary jennifer granholm. >> secretary granholm, thank you so much for joining us. what sort of tangible impact, tangible savin

when energy secretary jennifer granholm was asked about bringing the cost of gas down, she literally laughed out loud. >> sturgess, michigan it is 2.8 the dollars a gallon. i guess that's better than in california, what is the granholm plan to increase oil production in america? [laughter] that is hilarious. would i have the magic wand on this as you know, of course, oil is a global market. it is controlled by a cartel. that cartel is called opec. and they made a decision yesterday that they were not going to increase beyond what they were already planning. >> rachel: she was laughing like a villain because the democrats' evil plan is working. making the cost of coal, gas and oil so expensive no one can afford to use it. clean energy here we come. but the last and for me the most important kitchen table issue that democrats are ignoring is our children. voters in virginia made it clear this week our children do not belong to the state. they are ours. i'm not interested in co-parenting with the government. parents demand a say in what students learn in the classroom. we're sick and ti

energy secretary, governor jennifer granholm told msnbc that u.s.ready plenty of scope to expand oil production claiming that more than 7,000 land leases are not even being drilled. take a listen. >> we need to make sure that we are telling the truth about where the supply needs to come from. there is nothing that the biden administration is doing that is preventing oil and gas companies in the united states from doing additional extraction. ashley: but they have shut down the pipeline and also leases to drill in many other cases. the pipeline in question though is being operated by canadian energy company embridge which is already involved in a legal battle with the state of michigan that tried to shut line 5 down in may. on top of all of this canada triggered a 44-year-old pipeline treaty dispute mechanism which means any changes to the pipeline must be approved by negotiators from both canada and the u.s. so the biden administration says not so quick. we're not going to close this pipeline down. we haven't made the decision yet. we're merely stud

. >> tonight energy secretary jennifer granholm on what it means for biden. >>> good evening from new york. i'm chris hayes. tonight the house select committee investigating the january 6th insurrection handed down to subpoenas to six more top trump officials and campaign aides. this comes after the chair of the committee congressman benny thompson, mississippi, said they were set to issue up to 20 new subpoenas. we have six as of today. one of them went to a guy whose name may ring a bell. we spent some time covering him back in the day. his name is bill steppian. he was involved in the new jersey bridgegate scandal. remember that? he was then governor chris christie's deputy chief of staff until he was fired and went on to work for trump. he was the campaign manager for trump's 2020 re-election where as the committee puts it in the letter it sent today to steppian he, quote, supervised the conversion of the campaign to an effort focused on stop the steal messaging. those lies the election was going to be stolen from donald trump were, quote, echoed by individuals who attacked the u.

what energy secretary jennifer granholm told me, next. ♪ ♪it's a most unusual day♪ ♪feel like throwing unusual day♪ ♪it's a most unusual sky♪ ♪not a sign of a cloud passing by♪ ♪if my heart won't behave in the usual way♪ experience the power of sanctuary at the lincoln wish list event. >>> with growing concern over inflation, president biden announced a rare step this afternoon to try to lower gas prices. the president said the energy department will tap into five 50 million barrels from the nation's strategic petroleum reserve. the move was made jointly with other oil-consuming countries including china and india, as oil-rich nations continue to ignore requests to increase production to pre-pandemic levels. but president biden says it will take time to see a change in prices. >> our combined actions will not solve the problem of high gas prices overnight. it will make a difference. it will take time but before long, you should see the price of gas drop where you fill up your tank. >> so, i spoke about the move earlier with energy secretary jennifer granholm. >> secretary granholm, tha

joining us now is energy secretary jennifer granholm. thank you so much for being with us.of implementing the spending from this. how will that work and what do you think gets hit first? >> well, first of all, i think it's great because match lan landreau, having been somebody in charge of spending on the ground, in louisiana, i think is fantastic. having somebody who has that experience. when you say what's going to get hit first, what do you mean? >> what are you going to tackle first? >> what is going to get tackled first? yeah. john, as you are probably aware, this is a bill that is spent over 5 to 10 years. some of the requirements will go out quickly. they may be by formula. for example, some of the road funding. already there is a path to get the funding out the door to states. it will be easier. some of it is a little bit longer term. they may be new programs. there are a number of -- you know, very large hubs associated with decarbonizing fossil fuels, for example. those will take a little bit longer because they require planning and preparation. >> there will be s

you had your own energy sector jennifer granholm a former governor of michigan saying it will be one of the worst winters we've ever seen for heating costs and she is not stepping up and saying protect the people of my home state. >> harris: the other four states and potentially more. >> yes. >> harris: we saw this with the keystone pipeline. the president did this on one of the initial things he did was to wipe that away. so there is precedent for this administration to target something like this. that's why we pay such huge attention. tudor dixon, come back and keep us updated. biden's transportation secretary pete buttigieg says he is concerned that america has racist roads. what exactly is that? >> it seems obvious. pete buttigieg didn't know it. maybe he did know it but afraid to say it. >> harris: twitter on fire after a reporter asked buttigieg about the racism built into the u.s. infrastructure. you have to see it. plus wrong border. vice president kamala harris jetting off to discuss migrant issues in europe. and rolling like a baller with a 20-car motorcade, a climate summi

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the white house has a messaging problem and i watched jennifer granholm last week energy secretary onbloomberg and about rising gas prices she laffer for our fives seconds and she says i don't have a magic want to fix this problem. so in terms of perception if you close a piece on —- the keystone pipeline five minutes after taking office and you explore may be closing a pipeline with michigan it looks like you are not doing anything to fix the problem. gerry: one more quick break but kamala harris continues to laugh off questions this week this time about whether she has real utility in this has real utility in this administration. i'm so glad we did this. i'm so glad we did this. i'm so glad we did this. i'm so glad we did this. i'm so... ...glad we did this. [kid plays drums] life is for living. let's partner for all of it. i'm so glad we did this. trelegy for copd. edward jones ♪ birds flyin' high ♪ ♪ you know how i feel ♪ (coughing) ♪ breeze driftin' on by ♪ ♪ you know how i feel ♪ copd may have gotten you here, but you decide what's next. start a new day with trelegy. ♪ ...feelin

it's energy secretary jennifer granholm. welcome back to "meet the press." >> thank you. glad to be on. >> here we are. the second time in a month we've gone through this drama on capitol hill, the administration ended up balking again with progressives. he goes to capitol hill, delays his trip and he didn't get the infrastructure bill. what happened? >> what happened is that the progressives came out unanimously supporting what was in the framework. they just had to see it. they had to look at the language which was released on friday. now he can say -- he can go to cop, to glasgow and say that he has 100% unanimity in the democratic caucus in the house. that is really bringing people together over this agenda. so i think it's really -- if you had told me, chuck, we would be arguing about when exactly the vote was going to happen or what the sequence was rather than what's in it, i would have been surprised. here we are. >> the sequence is not -- it's not insignificant. i want to put up something. abigail spanberger, a members of congress in a swing district in virginia,

now on all this, someone closely involved in the push for infrastructure, secretary of energy jennifer granholm. , secretary granholm have good to have you with us again. thank you for being here. a lot of parts to this legislation. and i want you to remind the audience of just a few of the major parts of this. where the public may see something in the near term, and maybe in the next six months? >> well, certainly, there are different parts of this legislation that will go quickly. and some that will take a little bit more time to develop. the ones that will go quickly are the ones that are pursuant to formula, things like weatherization assistance which goes to the states and they have a formula for doling it out. perhaps the road funding which you have heard about, the imrij funding which you've heard -- bridge funding which you've heard about. but also judy, there are things that are mid term that will be, for example, transmission grid, which we are going to need to triple the amount of electricity on that grid, to get to the president's goals of 100% clean energy by 2035. the broadband in

the white house has a messaging problem and i watched jennifer granholm last week energy secretary ond about rising gas prices she laffer for our fives seconds and she says i don't have a magic want to fix this problem. so in terms of perception if you close a piece on —- the keystone pipeline five minutes after taking office and you explore may be closing a pipeline with michigan it looks like you are not doing anything to fix the problem. gerry: one more quick break but kamala harris continues to laugh off questions this week this time about whether she has real utility in this administration. next. kevin! kevin? kevin. oh nice. kevin, where are you? kevin?!?!? hey, what's going on? i'm right here! i was busy cashbacking for the holidays with chase freedom unlimited. i'm gonna cashback on a gingerbread house! oooh, it's got little people inside! and a snowglobe. oh, i wished i lived in there. you know i can't believe you lost another kevin. it's a holiday tradition! that it is! earn big time with chase freedom unlimited. how do you cashback? chase. make more of what's yours. some da

secretary of energy jennifer granholm, thank you very much. ♪ judy: as we have reported, negotiatorsound the world are meeting in glasgow for a second week. all part of the u.n. summit at getting new actions to reduce greenhouse gas emissions. pressure has been building on the street this weekend and today, there was a call for meaningful change beyond the rhetoric of these gatherings. william is there for us all week and he joins me now. hello, william. we know you just arrived in glasgow yesterday. tell us, in the time you have been there, are you seeing and hearing? >> as you mentioned, we landed here and there were enormous protests. on most 100,000 people on the streets on saturday. inside the conference hall, it is late at night, most people have left that it has been this combination of high and diplomatic meetings and the kind of trade show conference feel to everything. the whole goal, as we have discussed, is about getting world leaders to commit to reduce their greenhouse gas emissions so the planet doesn't warm to a dangerous degree. complicating that is a washington post

the white house has a messaging problem and i watched jennifer granholm last week energy secretary ones seconds and she says i don't have a magic want to fix this problem. so in terms of perception if you close a piece on —- the keystone pipeline five minutes after taking office and you explore may be closing a pipeline with michigan it looks like you are not doing anything to fix the problem. gerry: one more quick break but kamala harris continues to laugh off questions this week this time about whether she has real utility in this has real utility in this administration. dad, we got this. we got this. we got this. we got this. life is for living. we got this. let's partner for all of it. edward jones ♪ ♪ 'tis the season to break tradition in a cadillac. don't just put on a light show—be the light show. make your nights anything but silent. and ride in a sleigh that really slays. because in a cadillac, tradition is yours to define. so visit a cadillac showroom, and start celebrating today. ♪ ♪ there's a different way to treat hiv. it's once-monthly injectable cabenuva. cabenuva is th

i'll speak with energy secretary jennifer granholm and house moderate democrat josh gottheimer. >>> and new playbook? republicans made gains with voters who backed biden, raising hopes for a house gop takeover next year. >> let's climb that hill together. >> reporter: have republicans found a way to manage the trump factor? gop governor larry hogan joins me in moments. >>> plus, message received. democrats point fingers about their election losses. what lessons should the party learn? >> we must get back on the ground and impact things that are important to people. >> reporter: the mayor-elect of new york city, eric adams, is here, as well as virginia's democratic senator, mark warner. >>> hello, i'm dana bash in washington where the state of our union is feeling some whiplash after a bruising election day for democrats, president biden spent the weekend celebrating a significant win, bipartisan passage of his $1.2 trillion infrastructure bill, which passed the house overnight friday with the support of 13 republicans and gives billions of dollars to the nation's bridges and roads as we

the white house has a messaging problem and i watched jennifer granholm last week energy secretary onth bloomberg and about rising gas prices she laffer for our fives seconds and she says i don't have a magic want to fix this problem. so in terms of perception if you close a piece on —- the keystone pipeline five minutes after taking office and you explore may be closing a pipeline with michigan it looks like you are not doing anything to fix the problem. gerry: one more quick break but kamala harris continues to laugh off questions this week this time about whether she has real utility in this administration. (naj) at fisher investments, our clients know we have their backs. (other money manager) how do your clients know that? (naj) because as a fiduciary, it's our responsibility to always put clients first. (other money manager) so you do it because you have to? (naj) no, we do it because it's the right thing to do. we help clients enjoy a comfortable retirement. (other money manager) sounds like a big responsibility. (naj) one that we don't take lightly. it's why our fees are struc

energy secretary jennifer granholm was stumped when asked about america's oil consumption.he us consume her day? >> don't have that number. ashley: this were the trump administration the mainstream media would have roasted her, no big surprise they are not picking it up. local media says woke experts and some officials are cautioning against the word looting because it might be seen as racist. swami will be sounding off after the break. president biden says we can rest easy about soaring food and gas prices. role tape. >> families can rest easy, grocery stores are well stocked with turkey and everything you need for thanksgiving. ashley: we will have the latest next. ♪♪ >> all these concerns a few weeks ago, there would not be able food for thanksgiving, people talked about that understandably but families can rest easy, groceries are well stocked for what you need for thanksgiving and the major retailers have confirmed their shelves will be well stocked in stores this holiday season. >> that was president biden telling families rest easy for the holidays, don't worry about

the white house has a messaging problem and i watched jennifer granholm last week energy secretary ond about rising gas prices she laffer for our fives seconds and she says i don't have a magic want to fix this problem. so in terms of perception if you close a piece on —- the keystone pipeline five minutes after taking office and you explore may be closing a pipeline with michigan it looks like you are not doing anything to fix the problem. gerry: one more quick break but kamala harris continues to laugh off questions this week this time about whether she has real utility in this administration. nicorette knows, quitting smoking is freaking hard. you get advice like: try hypnosis... or... quit cold turkey. kidding me?! instead, start small. with nicorette. which can lead to something big. start stopping with nicorette (judith) in this market, you'll find fisher investments is different than other money managers. (other money manager) different how? don't you just ride the wave? (judith) no - we actively manage client portfolios based on our forward-looking views of the market. (other

energy secretary jennifer granholm, thank you so much for being here.et me ask you, here we are obviously after a bad week for democrats that ended strongly. i am just wondering what's the message moving forward for the democratic party this week? >> it's the economy. you have the numbers there and through out a set of words before. everyone's economy and even we can say this stock market at an all time high. let's start to give as message, yes, we do want to tax corporations and the billionaires but this is everyone's economy and the democrats once again let republicans have the cultural war. the only thing that trump's cultural war is a strong economy. own it and own it and stay on the e word. >> when the economy is strong and things are doing well, people don't listen. it's much to the cultural warfare and those dog whistles and other stuff. oh, whatever. well, i may be able to send my kids to school right now and not in debt to my neck. things are going very well, we'll let them scream and attack big board all they want. things are going well in my

. >> reporter: i pressed the energy secretary jennifer granholm on when americans will feel the impact. so, bottom line, how soon will americans see prices at the pump drop and how long do you expect that to last? >> it won't happen tomorrow, but it'll happen over the next few weeks that people hopefully will start to see the difference. >> reporter: the administration acutely aware that inflation combined with shipping delays is hitting families hard. today, word the shipping logjam may be easing. abc's kayna whitworth reports there's 33% less cargo sitting on the docks at the port of los angeles, the nation's busiest. port officials creating relief yards to house empty shipping containers, making space for new ones to be unloaded. >> and as this relief yard is already nearing capacity, they're looking to open another one right across the street to hold an additional 6,000 containers. >> reporter: officials say the progress is clear to see. two weeks ago, 101 ships waiting at the port. today, that number down to 63. >> americans following all of this very closely. rachel, of course, t

secretary of energy, jennifer granholm says americans should expect to pay higher costs to heat theirthis winter. this is because of high gas prices brought on by the pandemic. well, grand hall made the announcement while on cnn sunday american homes that rely on natural gas for heating could spend an average of $746 this year. that's a 30% from last winter. coming up in the next hour, the u.s. has rolled back on its ban on international travelers. the new requirement. look the follow once they enter the country. >> plus, president biden is promoting his new infrastructure deal. why he says it's going to help the economy as well as americans. and a family is mourning a life of the 23 year-old month. boy, we're going to tell you how he died while riding in the car on a freeway here. we'll have that. we get back. why hide your skin if dupixent has your moderate-to-severe eczema, or atopic dermatitis under control? hide our skin? not us. because dupixent targets a root cause of eczema, it helps heal your skin from within, keeping you one step ahead of it. and for kids ages 6 and up, that

i heard the us energy secretary jennifer granholm being interviewed last night and a bet she could saymably, all the scientists would say, yes, but not fast enough! i think that's true. there was a very neat narrative earlier this year. president trump gets elected, comes into office, very quickly reinstates america's membership of the paris agreement, which donald trump had taken american out of. very quickly announces a summit. on that day, in april, announces his own plan for america to halve its emissions by 2030 — extremely ambitious, absolutely in line with the latest climate science in terms of what's needed to avoid the worst of global warming — and then the hope was that yes, he would turn up here having got everything sorted out in congress and of course that hasn't happened. and i think it has raised a question here. people talk about this summit as a delivery summit. it's a summit where people have made all kinds of promises to do all kinds of stuff, net zero by 2050, and all that kind of thing, but, actually, what everyone is looking for, what the science is looking for, w

. >> reporter: but jennifer granholm said the oil will be released gradually. >> we're hopeful that prices will be stabilized and start to move down. >> reporter: the release is in coordination with at least five other major economies, and it's something that's been done just three times before. but only in response to war or natural disaster. today's moves come as gas prices are hitting a seven-year high amid soaring inflation. it's affecting people like lee ann cherry, who owns a cattle farm near nashville. she has had to raise her beef prices t pay for increased costs. >> we haven't had to do that since probably 2015, and yes, we have had to eat some of the of the cost. >> reporter: and that's why the number of americans who believement economy is in good shape is at its lowest point. >> we are experiencing the strongest economic recovery in the world. >> reporter: ahead of thanksgiving, president and first lady prepared meldz at a community kitchen here in washington today. they're flying tonight to nantucket island off of massachusetts where the biden family traditionally celebrate th

we have to do everything in our power tuesday, department of energy secretary jennifer granholm said the effort should give americans temporary relief last month. gas prices reached their highest level since 2014, oil production is lagging behind. granholm says the current supply problem underscores the need for america to diversify its energy resources add more clean energy. relying upon. >> fuel from countries that may not have our best interests at heart hurts the american people in the long. and but republicans say the biden administration's policies are making things worse, not better joe biden is clueless florida republican senator rick scott says releasing oil will help americans. now, that's going to be nice, but we've got to do is we've got to figure how to become energy independent. we don't. you don't do it by shut down pipelines ensure that shut down drilling and he wasn't the only country tapping its reserves, japan and china in the uk are among the countries who agreed to also tap their reserves in an effort to bring down gas prices globally for now in washington, raque

because during an interview with n b c, meet the press over the weekend, us energy secretary, jennifer granholm, stated the obvious. basically, we blaming the cartel for rising gas prices in the country after the white house is of course, called on opec to release more supply. what do you make of this comment? i mean, obviously, oil is that on the global market, which opec for the most part control? yeah, i think that's a fair point. but i think there's the more obvious absurdity of our national energy strategy in the name of the carbon is ation. and with the democrats playing politics and vilifying us energy producers and pipelines, we have reduced us production and prohibited many drilling avenues that would have brought us not only energy independence, but also kept prices down. so biting was elected largely on an anti trust platform, which included not just a verbal smack down for us energy sector, but also real constraints put on capacity growth limits. and, and i think in this respect you reap what you sow. jennifer can blame opec and clearly they are price mover and that is definitely fa

. >> reporter: energy secretary jennifer granholm pointing to fuel shortages. >> the oil and gas companies are not flipping the switch as quickly as the demand requires. >> reporter: federal energy officials predicting significant cost increases. winter heating bills for homes using natural gas, almost half of the u.s., could be 30% higher this year. nearly 50% higher for those in the midwest. for homeowners and business owners, the worry is intense. >> i run a small business out of my house and i also work full-time remote. so the cost of any bill going up is alarming. >> reporter: rising energy demand, supply chain problems, and a slightly colder winter forecast are all to blame. drivers feeling the pinch as well. the gas price average, $3.42 per gallon, 60% higher than last year. whit? >> deirdre, thank you. >>> next tonight, in scotland, former president obama set to address the climate summit as the conference enters its second week. outside the conference, massive protests there, tens of thousands demanding more drastic action from delegates. similar protests held around the globe as

annmarie: jennifer granholm, the u.s.ecretary, said they would look at the data before tapping them. i asked the president when will we get a response giving that opec-plus, he said he wasn't anticipating them to pump more. not enough for most consumers, but he said talking to other countries. potentially if the u.s. is going to tap, they would want to do it alongside big consumers like india and japan. the problem with tapping is the u.s. does this and great times of crisis. the last time we did it was during hurricane katrina. this is the big thing with the higher prices where most analysts see oil prices higher, where they are an even closer to a hundred dollars a barrel likely. jonathan: a big win for this president down in washington, d.c. negotiations still to be gun -- still to be done. matt: i think for our viewers, for wall street, probably the most important issue is the state and local tax deductions, salt cap at $10,000 put into place by president trump. some in congress wanted to raise it to $80,000, but you

laura: jennifer granholm has spoken out.atch. >> what is the granholm plan to increase oil production in america? laura: what is -- would that i had the magic wand -- oil is a global market. it is controlled by a cartel. the cartel is called opec and they made the decision yesterday they were not going to increase beyond what they were planning. >> why wasn't that opec didn't have a knife at our throat when it came to energy prices a year ago and the secretary of energy isn't aware of the fact the president biden and his administration but the kibosh on more expanded oil drilling and exploration. >> another crisis created by president biden, we are importing more oil from russia than from alaska. he is shutting down the pipeline. telling people to not drill. in kansas we have a little bit of oil in kansas, we can't get financing now because president biden doesn't want americans to be energy independent, creating another crisis and punishing those people at that end of the economic spectrum, young hard-working families and s

listen to energy secretary jennifer granholm stumble over this basic question over the u.s. oil reserve. >> how many barrels of oil does the u.s. consume today? >> i.s don't have that number. >> some would suggest 18 millions so you are releasing less than 3 day's worth. from the petroleum reserve. why is that enough? >> what we are doing and what other countriess are doing, whih will be less than what we are doing. because we have the largest amount of strategic petroleum reserves. this is a question about a short term strategy that allows to us make this bridge. so it's not that we will not supply all of the oil for three days. we will be releasing it over a period of time. >> [laughing]. boy, does that inspire confidence. in under a year we went from energy independence to begging opec for more oil. t and tapping into our own reserves, and rising prices at the pump. we went from safety and security abroad to surrendering to the taliban in afghanistan. from stable prices to inflation and supply chain crisis and an we have gone from secure border to open borders catastrophe

get rejected again and again and again and humiliating fashion and still keep going back as jennifer granholm blaming the car tells and opec. no jennifer i blame you and joe and if you want to fix the problem go back to the energy independence that you inherited from the donald trump who made us in independent for the first time in 75 years. and we create high paying career jobs in the energy sector and we don't have to care one wit about what happens in the middle east or the straights of hormoose and we'll be better independent. bring it forward. in the meantime oil, gas and coal and begging opec is not the answer. you know we can drill for more gas right here in the u.s. we don't need to import any energy. donald trump gave you energy independence and we were net exporter of energy. we were plying our western urine allies -- european allies. and then keep building out our own keystone xl pipeline. that's american jobs and now the possibility of draining our national reserves, okay, that's a short term solution. that's also risky. and tonight our country is literally willing led by some of

. >> jennifer granholm laughing about gas prices is an example of inside the beltway capture, gas lightingrican people is disturbing on one level but as a republican activist i see a tremendous advantage because sitting in san francisco in the most liberal cities of america the natives are restless. we are moving forward to recalling our disastrous district attorney, there's democratic support for recalling the school board of san francisco, paying hundred dollars to fill up their gas tanks in california and people are beginning to look around and see this is not working so we can democrats are upset here on the left coast. a great opportunity. laura: the new some recall was a vote for economic suicide but there's a lot involved in that one. at msnbc john heilman had a very interesting take. >> the polling on what people think about this economy compared to where it really is those are things democrat should be freaking out about because if they can't make the sale the the american economy has turned the corner and his steaming ahead which it is on many fronts, if they can't make that sale

jennifer granholm gave vague answers when pressed ton administration's plans to tap the country's strategicum reserves. you have to watch this. >> how many barrels of oil does the u.s. consume per day? >> i don't have that number if front of me. >> benjamin: some suggest it's 18 million. >> probably more of an art than a science subject to a lot of different volatility. we aren't going to say we're supplying all oil for the country. we're going to try to do what we can to temper. >> sandra: jason, that should have been an easy answer for the energy secretary of the united states. one question to our brain room this morning how many barrels of oil do we produce a day? -- consume a day in this country? 18 million. that's the lowest annual consumption. that's right here. the energy secretary certainly should have that at her fingertips. >> she did not instill confidence. if you release 50 million barrels the first question is what kind of effect is that going to have? she was totally unprepared. it is not -- if we start to see more gas prices rise, this is not going away, and it is a shame bec

that was jennifer granholm, the u.s. energy secretary. we will talk about that more in a moment.n your equity market this morning, we are positive on the s&p 500, up 0.1%. the small caps with a nice list this morning, too -- nice lift this morning, too. euro stronger, $1.1577. crude up to $81.78. on the energy front in america, they have been leading on opec -- they have been leaning on opec+. not the response we would like to see from this adminstration. will they left those strategic reserves in america? lisa: they expect an announcement this week that they want to increase supply to match demand a little more. how much will an energy and oil release really do? honestly, ferro. jon. jonathan: that was my name on the football pitch. [laughter] it sums a little bit more aggressive, doesn't it? lisa: come on , ferro. get with the program. jonathan: you can tell what lisa does in the rake now. if you're wondering where tom keene is, mrs. keene's birthday today. at miller joining us. so happy birthday, mrs. keene. joining us now, wendy schiller of grant university. something that ha

. >> reporter: but jennifer granholm said the oil will be released gradually. >> so we're hopeful thatces will be stabilized and start to move down. >> reporter: the release is in coordination with at least five other major economies. and it's something that has been done just three times before, but only in response to war or natural disaster. today's moves come as gas prices are hitting a seven-year high amid soaring inflation. it's affecting people like leanne cherry, who owns a cattle farm near nashville. she has had to raise her beef prices to pay for increased costs. >> we haven't had to do that probably since 2015. ans,o soof tts. >> reporter: and that's why the percentage of americans believing the american is in good shape is at its lowest point this year. today the president tried changing their minds. >> we're experiencing the strongest economic recovery in the world. >> reporter: ahead of thanksgiving, the president and first lady served meals -- prepared meals at a community kitchen here in washington today. they're flying tonight to nantucket island off of massachusetts w

. >> and jennifer granholm laughing about the gas prices is another example.out inside the beltway capture and gaslighting the american people is very disturbing at one level but as a republican activist i actually see a tremendous advantage here because sitting here in san francisco, the most liberal city in america, the natives are restless. we are moving forward to recalling our disastrous district attorney, working to recall the school board in san francisco, and people are beginning to look around and seeing that this is not working. even democrats are upset on the left coast. >> laura: that news summary: was just a vote for economic suicide, but there is a lot involved in that one but that was disappointing. matt, over at msnbc, john heilman, commentator, had a very interesting take. >> the polling on what people think about this economy compared to where it really is, those are things democrats should be freaking out about. if they can't make the sale that the american economy has turned the corner and is now steaming ahead, which it is on many fronts,

carley: jennifer granholm yesterday, take a listen. >> how many barrels of oil does the us consume her have that number in front of me. carley: she didn't know the answer. 20 million barrels of petroleum her day, it would be gone in about 2 and a half days so why are they touting this as a solution, big win when it is like putting a band-aid over a bullet hole? >> what my colleagues said it was a symbolic gesture. it means nothing. it means 0. let's talk about that. us decline producing 13 million barrels a day a year ago and now we are down to 11 million barrels a day. that is a difference of 2 million barrels a day and they are releasing 50,000. give me a break. jillian: why does never go down from 13.5 to 11 million? >> it has to do with where we are pumping our gasoline, our supplies from. one of the big items is we have a 2 million barrel pipeline coming in from alaska. we are only bringing in 400,000 barrels a day and out of 2 million, we are capable of shipping 2 million barrels a day if we fix the problem we have in alaska, canada has 100 years worth of oil. canada, the council

we also spoke to the energy sector, jennifer granholm.ion with the biggest independent oil trader. they told bloomberg that opec-plus is unlikely to change its dance, citing a federal -- stance, setting federal selling prices. that's it for the bloomberg market open. "surveillance: early edition" is up next. don't miss our top line up next. all of those are coming up. so if you have any questions, just go to ib+tv . you can also tweet me directly @lacqua. this is bloomberg. moving is a handful. no kidding! fortunately, xfinity makes moving easy. easy? -easy? switch your xfinity services to your new address online in about a minute. that was easy. i know, right? and even save with special offers just for movers. really? yep! so while you handle that, you can keep your internet and all those shows you love, and save money while you're at it with special offers just for movers at xfinity.com/moving. >> if 80 plus dollars a barrel doesn't incentivize companies to get off the sidelines i don't know what will. >> we will get it in a fair wa

but the other thing about jennifer granholm door, the secretary is that yesterday, and she is not thetion position on this has been higher gas prices are the price at all of us are going to have to pay so that we can current ingestion lament transition to cleaner fuel for the climate, that's what they have said, so she said that yesterday, today she is in a briefing room saying, this is a very serious issue and it affects low income families, we will get on top of it, so somebody called her between yesterday and today and they realized their pulling is so bad on this, there was one that said 77% of people notice inflation and 57% of them blame joe biden whether that is fair or not, that's a reality. >> jessica: there is another pullout that says 54% of americans raising gas and grocery prices are a major concern, that's the highest level of concern for them. >> jesse: joe does not seem very concerned, does he? i guess he said it, it makes it easier to transition to green, he does not want to pay a political price, so they do the release which is nothing, would we consume? 20 million a

let's not forget energy secretary jennifer granholm is former governor of michigan.tands what will happen to her home state. she came out of that energy prices will be 30% higher, 33% higher to heat your home. these are working-class people paying that amount. >> president biden has his eggs in the build back better spending plan basket. it would actually increase taxes 20% to 30% and we are dealing with inflation as well and pipeline closure, we have to wait and see how that plays out in federal court, more to come on that front. thank you for waking up early and joining us, we appreciate it. back to you in studio. todd: 17 after they are. ten state attorneys general fighting president biden's vaccine mandate. i'm talking to kansas a league eric schmidt about the high-stakes next. ♪♪ i'll shoot you an estimate as soon as i get back to the office. hey, i can help you do that right now. high thryv! thryv? yep. i'm the all-in-one management software built for small business. high thryv! help me with scheduling? sure thing. up top. high thryv! payments? high thryv! prom

listen to jennifer granholm, she does not feel your pain. >> what is the granholm plan to increase oil? [laughter] that is millers. would that i have the magic wand on this. as you know, of course, oil is a global market. it is controlled by a cartel. that cartel is called opec. and they made a decision yesterday that they were not going to increase beyond what they were already planning. steve: right. so one of the things she suggested is the president might tap into the strategic oil reserve but that would have a minimal impact. besides, you don't really want to do it. she also said that apparently they are talking -- the government is talking about the fec investigating price gouging. it's not price gouging. it's supply and demand. there is simply not enough stuff out there. brian, you mentioned a moment ago this administration would like america to run off of wind turbines and solar panels and that's great when it works, but when ainsley was talking about line 5 up in michigan where we once upon a time took the "fox & friends" program, you know, sometimes as we saw in texas last ye

jennifer granholm, biden's energy secretary, she is the latest to join in the fun. crease oil production in america? [laughter] that is hilarious. would that i have the magic wand on this. as you know, of course, oil is a global market. it is controlled by a cartel. that cartel is called opec. and they made the decision yesterday that they were not going continue to crease beyond what they were already planning. rachel: that is so disturbing the way she laughed that off. the only thing more disturbing than our energy secretary laughing about rising gas prices is our energy secretary forcing us to beg opec to release more gas and bring -- to help bring down prices and opec said no we are not going to do it. we were just energy independent a year ago, pete. pete: that is maybe the most ridiculous answer and consider the things we deal with on this show and we talk about all the time. you are the energy secretary charged with what you would hope would be america's energy needs. i don't know, is that the first line of her statement? and, yet, you have rejected every poli

is that enough question rick don't ask jennifer granholm.tions about it. >> there are serious about this. you know how many barrels of oil the u.s. consumes per day? because i don't have that number. >> kayleigh: the energy secretary has no clue how many barrels of gas of oil we have a date in the country paired flashback to two weeks ago, another not so flattering sound bite from the energy secretary. viggo what is the grand old plan to increase oil production in america? >> that's hilarious. what that i had the magic wand on this. >> kayleigh: wow. is this effective messaging? >> joe: the white house in general and all of the president's men and women, they have a messaging problem in general produce on the energy secretary they're laughing at kamala harris lake levels at a very basic question from a bloomberg anchor. and she says we are taking very seriously before it not knowing many barrels of oil consumes. a very basic question that the energy secretary should know or be prepped for particularly after what happened with the strategic r