>> HELLO, EVERYONE.
I’M JUDGE JEANINE PIRRO, ALONG
WITH HAROLD FORD JR., JESSE
WATERS, DANA PERINO, AND BRIAN. IT’S 5:00 IN NEW YORK CITY.
IT’S 5:00 IN NEW YORK CITY.
THIS IS "THE FIVE."
PRESIDENT BIDEN DESPERATE FOR A
SOLUTION TO SURGING GAS PRICES.
NOW HE’S ROLLING OUT A PLAN HIS
OLD BOSS BARACK OBAMA ONCE
CALLED A GIMMICK.
JOE BIDEN CALLING ON CONGRESS TO
SUSPEND THE FEDERAL GAS TAX FOR
THREE MONTHS, BUT HAS NO PLANS
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 THE CONGRESS AND STATES
AND INDUSTRIES TO DO THEIR PART
AS WELL.
>> BIDEN ALWAYS USING THIS
SPEECH TO BASH HIS USUAL
SUSPECTS FOR SOARING INFLATION,
REPUBLICANS AND VLADIMIR PUTIN.
>> I KNOW MY REPUBLICAN FRIENDS
CLAIM WE’RE NOT PRODUCING ENOUGH
OIL AND I’M LIMITING OIL
PRODUCTION.
QUITE FRANKLY THAT’S NONSENSE.
FOR ALL THOSE REPUBLICANS IN
CONGRESS CRITICIZING ME TODAY
FOR HIGH GAS PRICES IN AMERICA,
ARE YOU NOW SAYING WE WERE WRONG
TO SUPPORT UKRAINE?
ARE YOU SAYING WE WERE WRONG TO
STAND UP TO PUTIN?
ARE YOU SAYING THAT WE WOULD
RATHER HAVE LOWER GAS PRICES IN
AMERICA THAN PUTIN’S IRON FIST
IN EUROPE?
>> AFTER MONTHS OF THE WHITE
HOUSE BLAMING PUTIN, BIDEN
GETTING HUMILIATED BY HIS OWN
FED CHAIR ON THAT TALKING POINT.
>> WOULD YOU SAY THAT THE WAR IN
UKRAINE IS THE PRIMARY DRIVER OF
INFLATION IN AMERICA?
>> NO.
INFLATION WAS HIGH BEFORE,
CERTAINLY BEFORE, THE WAR IN
UKRAINE BROKE OUT.
>> OKAY.
ALL RIGHT, JESSE, INFLATION WAS
HIGH CERTAINLY BEFORE THE WAR IN
UKRAINE BROKE OUT.
>> THAT HURTS.
AND THE REPUBLICANS SHOULD RUN
THAT SOUND BITE UNTIL NOVEMBER.
BIDEN KNOWS HE’LL GET PRIMARIED,
IF HE UNSHACKLES THE AMERICAN
INDUSTRY, TINKERING AROUND WITH
GIMMICKS AND DOING NOTHING WITH
SLY.
WE RAN THE NUMBERS, AND OVER
THREE MONTHS THIS WILL SAVE THE
AVERAGE AMERICAN DRIVER $17.
THAT DOES ABSOLUTELY NOTHING.
WHAT BRINGS DOWN GAS PRICES IS
YOU BOOST SUPPLY.
HE’S GOING TO TRAVEL TO SAUDI
ARABIA, THE PRINCE WILL TELL THE
PRESIDENT TO TAKE A HIKE.
HE’S GOING TO SAY HE’S NOT DOING
ANYTHING TO TAMP DOWN DOMESTIC
PRODUCTION.
IT DELAYS OIL AND GAS, CANCEL
ALASKAN LEASE, CANCELS OFFSHORE
LEASES IN THE GULF.
WYOMING, NEW MEXICO, TEXAS,
COLORADO.
I MEAN, HE CANCELED LEASES LIKE
DINNER RESERVATIONS.
HE DOESN’T THINK ANYTHING OF IT.
REFINERIES ARE AT CAPACITY.
THEY CAN’T DO ANYMORE, BECAUSE
WE HAVEN’T BEEN ALLOWED TO BUILD
ANOTHER ONE SINCE THE 1970s. HE’S HITTING PEOPLE WITH
HE’S HITTING PEOPLE WITH
LAWSUITS AND REGULATIONS.
LET REFINERIES GO AT FULL
THROTTLE AND THAT’S GOING TO
WORK.
WHEN YOU LOOK AT WHAT HE’S DONE,
HE GOT IN BED WITH CHINA’S
BIGGEST OIL AND GAS
CONGLOMERATE, TAKING KICKBACKS
FROM THEM.
THAT’S THE KIND OF GREEN HE
REALLY CARES ABOUT.
HE DOESN’T HAVE SOLAR PANELS IN
DELAWARE.
HIS SON DRIVES A PORSCHE.
HE DRIVES A CAMARO.
HE’S DONE EVERYTHING HE CAN TO
REDUCE DOMESTIC ENERGY
PRODUCTION.
I JUST THINK THERE’S NO WAY THIS
IS GOING ANYWHERE.
YOU HEARD NANCY SAY THAT.
I DON’T KNOW.
I THINK WE’RE GOING TO BE PAYING
A LOT.
>> YOU KNOW, BRIAN, HE CALLED ON
THE FOSSIL FUEL INDUSTRY TO
DRILL MORE OIL.
THEN HE HAS THE UNMITIGATED GALL
TO CALL ON THE GAS STATIONS TO
LOWER THE PRICES, ESSENTIALLY
ACCUSING THEM OF PRICE GOUGING.
IF THAT WERE THE CASE, I MEAN
THESE ARE THE MOM AND POP GAS
STATIONS, GET YOUR DEPARTMENT OF
JUSTICE AFTER THEM, PUT YOUR
MONEY WHERE YOUR MOUTH IS.
>> EVERY TIME I WALK INTO A GAS
STATION, I SAY, LOOK AT THESE
BILLIONAIRES, ASKING FOR ME FOR
CHANGE FOR A $20 AND 5-HOUR
ENERGY.
IT’S UNBELIEVABLE.
HE DOESN’T UNDERSTAND, IT’S
CLEAR, HE DOESN’T ADMIT WHAT HE
DOESN’T KNOW.
HE DOESN’T UNDERSTAND THE OIL
AND GAS INDUSTRY.
THEY SPELLED IT OUT FOR HIM.
THE OIL AND GAS INDUSTRY DIDN’T
GET PERSONAL.
THEY GOT SPECIFIC.
THEY GAVE HIM THINGS THAT NEED
TO BE DONE.
THEY SAID, I WANT YOU TO CREATE
A TAX CREDIT FOR HYDROGEN
PRODUCTION, END PERMITTING
CONSTRUCTION ON NATURAL GAS
PROJECTS, FIX ENVIRONMENTAL
RULES, MAKE THEM SIMPLER TO HAM,
GIVE THEM A TIMELINE ON CAN WHEN
THEY CAN APPROVE.
HE CAME BACK AND SAID, OH, I’M
SORRY, I HURT YOUR FEELINGS.
WHAT AN INSULT.
YOU DIDN’T HURT THEIR FEELINGS.
YOU DIDN’T HELP THEM GET IT
DONE.
VLADIMIR PUTIN IS RELISHING FACT
THAT WE’RE ALLOWING HIM TO BE
THE HERO THROTTLING THE WEST
WITH INFLATION AND HIGH GAS
PRICES.
HE’S PUSHING UP THE PRESSURE AND
RALLYING HIS COUNTRY, SAYING
HE’S HURTING THE WEST.
JUST LISTEN TO JOE BIDEN.
IN ORDER TO HELP HIS POLITICAL
FORTUNES IN FIVE MONTHS, WHICH
ARE DOOMED, HE’S MAKING SALAD VL
PUTIN SEEM BIGGER THAN LIFE.
THIS IS NOT WAR.
HE ENDED THE LAST WAR, AND
HUMILIATED US IN THE PROCESS.
>> IN ADDITION TO BLAMING
EVERYONE FROM PUTIN TO THE MOM
AND POP GAS STATIONS SAID YOU
AMERICANS WANTED US TO STAND UP
FOR DEMOCRACY AND FREEDOM,
WANTED US TO GO TO WAR IN
UKRAINE, YOU KNEW THAT WAS GOING
TO AFFECT PRICES, SO IT’S OUR
FAULT TOO.
I MEAN, DOES THIS GUY HAVE A
CLUE?
>> I GIVE HIM CREDIT FOR TRYING.
>> TRYING WHAT?
>> I GIVE HIM CREDIT FOR TRYING.
I DON’T GIVE HIM A LOT OF
CREDIT, BUT I GIVE HIM SOME
CREDIT.
HE’S NOT GOING TO ENJOY SUPPORT
AMONGST THE DEMOCRATS IN
CONGRESS.
I’VE SAID ALL ALONG, I LISTENED
TO HIS NATIONAL ECONOMIC COUNCIL
DIRECTOR ON SUNDAY, I WAS WITH
THEM ON "FOX NEWS SUNDAY," AND
HE ANSWERED THE QUESTION, HOW DO
YOU JUSTIFY SEEING THE PRINCE OF
SAUDI ARABIA WHEN HE SAID
HORRIBLE THINGS ABOUT HIM.
HE SAID WHEN THE NATION’S
SECURITY IS AT STAKE THE
PRESIDENT WILL VISIT.
OUR SECURITY IS AT STAKE, AND WE
NEED TO NOT VILIFY U.S.
COMPANIES, BUT UNDERSTAND WHAT
THEY’RE DOING, HOW THEY CAN BE
HELPFUL, AND WHAT SUPPORT THEY
MIGHT NEED AROUND NOT JUST
DRILLING BUT REFINING,
PERMITTING THEY NEED.
GIVE THEM WHAT THEY NEED.
>> THAT LETTER LAID OUT WHAT
THEY WANTED.
YOU’VE GOT TO DO IT.
YOU HAVE TO REVERSE THE KEYSTONE
PIPELINE DECISION.
AS MUCH AS SOME DEMOCRATS DON’T
WANT TO DO THIS, WE’RE AT A
PERILOUS MOMENT IN TERMS OF GAS
PRICES, FUEL PRICES.
TO YOUR POINT, PUTIN IS
BENEFITING THIS FROM
POLITICALLY.
WE SHOULDN’T GIVE HIM AN
ECONOMIC WIN.
I’D PUT IT ON THE TABLE AND SAY
TO VOTERS AND SUPPORTERS, EVEN
THOSE WHO MIGHT PRIMARY HIM, AND
SAY I’VE GOT TO LOOK OUT FOR THE
INTEREST OF THE COUNTRY AND PUT THAT FIRST.
THAT FIRST.
>> FOR PUTIN, THE RUBBLE RUBLE I
STRONG, AND IN THE END
EVERYTHING ABOUT WHAT BIDEN IS
DOING IS NOT HELPING AMERICA.
IT’S HELPING CHINA, RUSSIA, AND
INFLATION AND A BAD ECONOMY.
>> REMEMBER WHEN HE SAID WE’LL
WAIT A MONTH AND SEE HOW THE
SANCTIONS GO.
NOW IT’S BEEN SEVERAL MONTHS.
WE KNOW HOW THEY’RE GOING.
THEY’RE NOT GOING FAST ENOUGH.
THE OTHER THING IS THAT
PRESIDENT BIDEN, I UNDERSTAND
THAT HE BROUGHT NATO TOGETHER.
GREAT.
THEY’RE GOING TO MEET AT THE END
OF THE MONTH.
MANY OTHER COUNTRIES ARE NOT
FULFILLING THEIR OBLIGATIONS TO
GET THE UKRAINIANS THE WEAPONS
THEY NEED.
INSTEAD OF HELPING THEM QUICKLY
THEY’RE ALLOWING THEM TO DIE
SLOWLY.
THAT’S ALSO AN OUTRAGE.
WHEN HE ASKED, DO YOU SUGGEST
THAT WE DON’T SUPPORT THE
UKRAINIANS?
NOBODY IS SAYING THAT.
ON THE COMMUNICATIONS FRONT,
USUALLY WHEN YOU ROLL OUT A
POLICY LIKE THIS, YOU’VE CHECKED
THE BOX WITH YOUR OWN PARTY, AND
EVERYBODY IS IN LINE.
NOPE, NOT SO MUCH.
EVERYBODY ON THE HILL IS, LIKE,
NO, WE’RE NOT GOING TO DO.
FOR DIFFERENT REASONS.
THE REPUBLICANS HAVE STRONG
PRINCIPLES THAT TEMPORARY TAX
POLICY IS WORSE THAN PERMANENT
TAX POLICY, BECAUSE IT CHANGES
THE WAY PEOPLE WORK.
THIS WOULD INCREASE INFLATIONARY
PRESSURE.
NOT VERY MUCH.
ONLY SAVING $17.
THE OTHER THING I WOULD SAY IS
THE ADMINISTRATION IS PRACTICING
A DISGUSTING PRACTICE CALLED
POLICY CANNIBALISM.
BECAUSE THE GAS TAX FUNDS THE
INFRASTRUCTURE BILL.
THE PRESIDENT WANTS TO HACK HIS
HAT ON THE INFRASTRUCTURE BILL,
BUT NOW IF YOU TAKE $10 BILLION,
WHATEVER IT IS, FROM THE
INFRASTRUCTURE BILL, NOW YOU
HAVE THE NATIONAL ASSOCIATION OF
MANUFACTURERS, ALSO MANY UNIONS,
SAYING, WAIT, WE’RE SUPPOSED TO
GET THAT MONEY IN ORDER TO DO
OUR PROJECTS.
SO IT’S A BIG GONG SHOW MOMENT
FOR THE BIDEN ADMINISTRATION.
MAYBE THEY GET CREDIT FOR TRYING
TO COME UP WITH AN IDEA, BUT IT
LASTED A FULL 12 HOURS.
>> YEP.
>> WE’RE INTO EVIDENCE TO HAVE
REFINERIES BILLS IN THE VIRGIN
ISLANDS, IT WAS GREEN LIGHTED,
AND HE STOPPED IT.
NO MORE OFFSHORE DRILLING.
THIS IS OBVIOUS.
>> IT IS AMAZING.
YOU’VE GOT TO WONDER WHAT IS HIS
INTENT?
>> I KNOW.
>> WHAT IS HIS INTENT?
>> I WISH I KNEW.
HAROLD?
>> AGAIN, I THINK HE SHOULD BE
DOING MORE, BUT I DON’T QUESTION
THE PRESIDENT’S PATRIOTISM.
I QUESTION WHETHER WE’LL GET THE
RESULTS WE WANT.
>> EVEN WHARTON DID AN ANALYSIS