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FBN's Rich Edson on what can be expected from President Obama's upcoming address on energy and oil pricing.
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Expression there was no magic solution to rising gas prices rich -- is in Washington.
Any idea what the president will say in Miami later on today rich.
Now well -- no magic solution -- the magic of renewable says too little power and that too much cost these Republicans called for increased drilling Stewart and the Keystone Pipeline admit.
That would take years to produce more oil so while we wait Republicans say keeping taxes where they are on oil companies.
Would at least prevent unnecessary price increases the White House is just proposed a tax increase.
On oil and gas companies and in an interview -- economic advisor Jason Furman.
The administration tells us the claim increase taxes equals increased prices is bogus.
What it does effect is the profits of the oil and gas companies and it.
Those wouldn't be as good but you then end up having lower tax rates more job creation and a stronger economy a nationwide.
So security familiar push continues Republicans to increase oil production Democrats to spend on figuring -- way.
To get us off oil and I got to straighten this out.
So the president's hands it to higher gas and oil prices is tax the oil companies some mall.
That's the yes what we're gonna and spend that money on renewables to get us off oil that's what you'll likely hear from the president today in the defense of that policy.
You know any time gas -- -- this point.
You're president you've got to get out there and offended -- have a small wager with you Richardson he does not mention -- would Solyndra.
What side of that that you've taken haircuts if you know -- on protecting us that's a great stuff like very much for -- --
