I notice, Lawrence, that the price of oil on the world market has fallen over the past few weeks. He`s already asked previously the Federal Trade Commission to look at whether or not there`s price gouging. The president has been very focused on this. KLAIN: Well, we`re looking at our options there. What can you do if anything about the price at the pump which is the every day most visible version of inflation? The United States of America of course still has the lowest gasoline prices of any developed country, European gas prices, France, Germany. But as you know the inflationary curve does not recognize that bill was signed today and will have little impact on it immediately. O`DONNELL: Senator Portman Republican senator today said that he believes that the infrastructure bill the president signed today actually has an anti-inflationary component and dynamic built in to it.
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