"No one likes higher prices, no one. The consumers don't like it," says CNN's John Defterios. "To try to game the market and to lower prices like that, it's just not going to work", he adds. 'It doesn't really make sense of youshaing it's a bridge until the later, until the winter when they start ramping up production'
Bloomberg Oil Markets Reporter Julia Fanzeres discusses President Biden's plan to release a million barrels of oil a day from reserves for six months, laying a foundation for the country to achieve independence from foreign energy suppliers. Bloomberg Businessweek Editor Joel Weber and Businessweek Writer Arianne Cohen share the details of Arianne's Businessweek cover story Chris Paul Is Building a Business Empire. Now He Needs a Ring. Dr. Chris Beyrer, Director of the Center for Public Health and Human Rights at the Johns Hopkins Bloomberg School of Public Health, talks about a people potentially getting a fourth Covid booster shot. Bloomberg News Finance Reporter Jenny Surane explains that Amazon is renewing a co-brand credit-card deal with JPMorgan and Visa. And we Drive to the Close with with Jimmy Lee, CEO at The Wealth Consulting Group.
Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.
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