The Democrats are at it again! They never let a crisis go to waste.
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By who?
Georgia GOP Congressman Doug Collins.
How is it?
The greatest thing I have ever heard in my whole life.
I could not believe my ears.
This house, wherever the rules are disregarded, chaos and mob rule.
It has been said today, where is bravery?
I'll tell you where bravery is found and courage is found.
It's found in this minority who has lived through the last year of nothing but rules being broken, people being put down, questions not being answered, and this majority say, be damned with anything else.
We're going to impeach and do whatever we want to do.
Why?
Because we won an election.
I guarantee you, one day you'll be back in the minority and it ain't gonna be that fun.
Hey, everybody.
You know, it is amazing to me that the Biden administration, one, what we've seen from them so far has been just an amazing year.
If you look at the topic I want to talk about today, and I want to bring this up because we just had, you know, we're in the middle right now.
I hope it's middle to end of this war in Ukraine.
But the Biden administration's actions before this ever started, I think, led to a lot of what we're seeing now.
And one particular area is in the area of energy policy.
And I think this is the area that I want to focus on today.
I want you to have this information.
So before we get started, if you've got this download, if you've got the download, make sure you're sharing it.
Go down there, hit the share button, share it with friends that you have today.
We want to get as much information out as we can because I want the truth to come out.
And what's going on actually in this energy issue, the gas prices, inflation, the things that are going on right now.
But we need to set the tone and we need to set it right, I think, from the beginning so that we understand why we're in the position we're in right now, why the options are frankly bad no matter which way you go, how this new Russian oil ban from Joe Biden, which was actually led by members of Congress and also by the private sector, this is an administration That I think the overall riding theme of the Biden administration is lead from behind.
We watch and then we figure out where everything is going.
That's what the Biden administration has done so far.
But it's been a very acute here in the energy sector.
And I want to talk about just some things that have went on.
This is just simply let's look at the actions taken by the Biden administration.
That I believe not only weakened us in our energy independence level, but it also empowered Putin.
There's two things that I believe empowered Putin most.
Number one is this discussion we're going to have today on the energy policy of the Biden administration and the political spin.
We're going to also get into this even further in the Russian oil ban.
We're probably going to be a two-part series.
So today's part one, we're going to talk about the political implications, we're going to talk about the ideas, and then we're going to dig a little bit further into the Russian oil ban on our next podcast.
So this is a two-part issue.
I want you to be a part of it.
So remember, download it, subscribe, hit the like button, hit the share button so that other people can see it as well.
So going back to where we start in this situation, it was a very interesting comment.
Joe Biden, he was traveling yesterday, and he made this comment about who's to blame for the high gas prices.
Take a listen.
It's going to go up.
Can't do much right now.
Russia's fine.
You see what I'm talking about here?
This Biden is basically starting what we'll see, I believe, for the next few weeks and possibly for the next few months trying to lead as long as these high gas prices are going.
He's trying to deflect from his own administration's issues and he's trying to deflect it onto Vladimir Putin.
He's trying to deflect it all on the fact that Putin invaded the Ukraine.
That is why you have high gas prices.
The problem we have here is it just simply is not true.
Okay, gas prices started.
I mean, it's what you have to look at.
Let's just go back, and if we want to take this logically, if you take his commenters now, he's basically saying, whoops, can't do anything.
This is all on Putin.
You know, this is why, you know, we're stuck where we are.
Gas prices are going to go up.
We'll do what we can, but this is Putin's problem.
Yesterday, when he announced the Russia oil ban, I mean, he actually said this is...
Putin's war, Putin's war machine.
You can start to hear the political grinders in the White House start grinding out the message that this is not our fault, we're managing it, we're gonna get you through this, but you need to understand nothing we've done has actually caused this, when the reality is that's just not true.
In the bigger sense.
Now, there's some issues that you can have overall.
Remember 2020, OPEC ratcheted down production.
They've not ratcheted back up production.
There's still a lot of things out there to deal with.
But let's just deal with, number one, starting from that statement yesterday when he actually said, look, I can't do anything about this.
This is Putin's fault, in essence, for invading Ukraine.
Well, let's take that at its face value.
Let's go back to the original issue when we started looking at gas prices over the past year.
Two things are driving it.
Number one, we look at inflation, which is being driven by the rise in gas prices, consumer prices, and other things.
But when Joe Biden took office, one of the most immediate things that he did was he bought in and continued what he had been talking about on the campaign trail.
Of this idea of the New Green Deal, or at least the elements surrounding it, taking America off of gas and oil, which again, especially natural gas is a very abundant supply that we have here.
It's a very abundant natural resource we have here in our oil reserves, which were growing up in Under the Trump administration, he said, no, we're going to stop.
Several things that he did to do that.
Number one is he stopped the Keystone XL pipeline.
That's the extension of the Keystone pipeline.
I've heard some people out there saying that the Keystone pipeline has been shut down again.
No, the original Keystone pipeline is still there.
This was an extension that would have increased capacity, which would have gave us a better situation for getting our Canadian oil.
Why is the Keystone pipeline so important?
Why is that something that we talk about?
Well, the interesting thing when you deal with it, when we talk about where we get our oil, most people have to understand, in the United States, we get almost 22 billion barrels, or about over 50% of our oil comes from Canada.
So the oil consumed here in the US, 50% of that comes from Canada.
When you look at the other next suppliers, you look at Mexico, when you combine the Canadian and Mexican imports into the United States for oil, you get about 63% of our oil comes from those two countries alone.
Then you have Saudi Arabia, then you have Russia.
So you're looking and depending on the time you're looking at a three to about seven percent maybe and that's a high end of Russian imports into oil.
That's why this has been discussed.
It's also why making this the ban on Russian oil is going to affect global gas prices and global oil prices but here It is something that we could overcome.
And we'll talk about that a little bit later on this political spin of why it is important for Joe Biden and his administration to spin this as a Russian problem, as a Putin problem, as something that was beyond their control and not their own energy policies that they have implemented under Secretary Granholm and under the Biden-Harris administration.
So first off, we start off and you look at it, you start by banning the Keystone XL pipeline, shut it down completely.
Number two, you move to increase regulatory burden, permitting burden on the fossil fuel resources that we have here in the United States, leading up to just a few weeks ago, a ban completely on the federal leases being issued for exploration.
Now, as we look at this, it is understandable that people are going to take what is the easy answer here, but this is not an easy answer to say that simply gas prices, which are at one of their highest levels ever, if you take into, I mean, a lot of people go back to 2008, taking into inflation, that we're about the same, but I do believe, and unfortunately in the few weeks to come, we're going to see it, even with inflation taken in, that you're going to see gas prices go up.
Even further to the highest levels that we've seen in a while.
So as we deal with this, we've got to start understanding what is the spin and why is it spin and why you need to see through it.
Because if you see through the spin, then we can get to an understanding of why it's important for our country to have a All-in energy policy.
When we look at this, this is something to understand.
The energy policy spoken by a lot of conservatives, number one, is use the resources, number one, we have here.
Use the possibilities of growing other resources that we have and having it as an all-in approach instead of an exclusionary approach, which the Biden administration and many of their allies on Capitol Hill want.
That's the New Green Deal.
It's an exclusionary approach.
We don't want oil and gas.
We don't want the fossil fuels.
We're going to invest in this.
You've heard over the last few weeks, or last couple weeks in particular, you have heard Jen Psaki, the press secretary for Joe Biden, say that in these times that we're not going to increase our oil production, we're not going to do things to increase fossil fuel production because we are committed, we believe that we can have that overcome Now that sounds good.
It's a great political statement for the Democrats and liberals who want you to believe that overnight all of a sudden that we can depend on wind, solar, water, the other renewable assets to take over what we have or to begin to have a bigger and bigger slice of the energy pie here in America.
For those of us who would rather see an all-energy approach, you have to take both.
There's no one that is saying, okay, if you have these other energy and alternative energy sources, let's begin to grow them.
If we're saying that, then we're practicing the same exclusionary practices that the Democrats are when it comes to fossil fuels.
So I believe what we've got to do is say, let's run through this rhetoric.
Let's see what the issues are and understand really in a bigger picture that if we Did some things that would increase not only our own energy independence, go back to that time in which we are looking at these situations,
looking at how we can grow our energy market, then it puts us in a better position, not only from an energy perspective, not only from an independence perspective, which we will truly never be given the consumption that we have in a sense that we'll not ever import this.
We're still going to be there, but we at least import it from sources that are A little more stable and especially folks that we don't in countries that are not friendly to the US or frankly friendly to the world dealing in folks like Iran and Venezuela and even Saudi Arabia which is where the Biden administration is looking.
Now, the list, you know, the bad ideas that are coming right now out of the Biden administration are really staggering when you start to think about it.
Now, the first area is this understanding.
Let's take this.
We just talked about that for a few minutes.
We've talked about the fact that they're now trying to put the entire blame on Putin and the Ukraine war for the rising gas prices and the surge in the price per barrel across the world.
Granted, it is a big factor now.
It has increased the issue that we're seeing, but you cannot go back from the fact that from the moment Joe Biden was inaugurated till the day the war in the Ukraine kicked off, gas prices on average were up over a dollar, almost a dollar 20 cents, or over a dollar a gallon since the time he was inaugurated.
So there's some issues there that started this progression that had nothing to do with Putin being in the Ukraine.
This is something that we have to take into account.
So the first political anomaly you've got to get over with, the first political spin that has got to be done away with is that number one, Putin's war in Ukraine is actually, yes, causing a global crisis on the oil market.
But number two, it was already starting based on the energy policy decisions of the Biden administration and the commitment to basically moving away from fossil fuels Doing whatever it took to decrease incentives for expansion of our fossil fuel,
whether it be natural gas or oil, and moving those resources to other, quote, green energy sources that right now cannot and will not in the short-term future Make up the loss in the difference in energy prices.
Remember, right now, again, there's a lot of emphasis going on toward electric vehicles.
That is a great thing.
It has become something that the government along the way has encouraged and subsidized.
There's been a lot of processes.
Biden's infrastructure bill last year That came through is designed even more to encourage more charging stations and others coming through.
But right now, that is still a long-term goal, not a short-term goal in lowering gas prices.
Number one, because most people don't have electric cars.
So let's put this in perspective.
Most people and most of your delivery trucks, your transportation, your 18-wheelers all run on gas and diesel.
So again, as you begin to inch into the more consumer market and some of the others that now that some of the delivery trucks are using electric as well, they've been converting over to LP gas or others over the years, which has been a help, that market is still relatively small compared to the overall energy growth or energy use in the sectors of America that most people actually use.
Is that something to work toward?
Yeah, I mean, I think we can work toward that in the sense that it actually makes sense in many areas.
But you also have to have public buy-in.
You also have to have the resources to do it.
And right now, those are not, you know, it's sort of disingenuous for the press secretary to actually say, well, we're not going to increase our stuff that we have.
We're going to work towards having an increase in things we don't have, the green energy sources, that we'll overcome.
Now, I want to take this one step further here.
For you listening on the podcast, this is why, and I want to stop here for just a second, this is why you need to download, share this, make sure that you're listening to this series, because this is the underlying political spin that I want to share here on the podcast, and I want you to share it with other people.
What they're trying to do, Jen Psaki and the rest of them are trying to do in the Biden administration, is to make it clear that their goal is to use this crisis of prices to send us down a new direction,
believing that Americans are in a better position to accept the This is an argument of the green energy and taking control of our energy situation through green plans instead of actually still building up our oil and gas exploration and our imports so that we're able to be independent in that area along with the green aspect of this.
So this is something I want you to understand.
This is a constitute effort.
It was Democrats' knowledge, we've used this over the years, that never let a crisis go to waste.
Well, never let a crisis go to waste is sort of the underlying theme here, whether they're saying it or not, is an underlying theme for many in the White House plus Congress to actually say, we're going to move, we're not going to give what we know would actually work in a shorter term, but we're going to invest in double-down, if you would, into the green energy sources.
How do I know this is true from a political perspective?
The political spin zone that we look at is because you see what Jen Psaki is saying.
You see what the administration is saying.
Over the past few weeks, as she has been challenged by reporters across the spectrum, actually, not just the Fox News and not just the conservative outlets, but also mainstream media outlets as well, we see that she is deflecting.
Here's how we see her deflecting.
Number one, we see her deflecting and the first thing is if it's not using the Putin caused it line then we're saying well it's the bad old energy companies that are promised.
Those oil companies again that are having record profits that are again attacking the businesses in the energy sector across the board and it's not just the big energy.
When you have The effects that this administration has on delaying of permits, on causing more red tape, making it harder to explore, making it harder to find these resources that we have here in the United States so that we can put them into the active market.
When you're doing things like that and then leading up to, as I said just a little bit ago, where we banned the federal land uses for oil and gas exploration completely, Then you're having to actually sit there and you're having to answer these questions.
From the media.
And so the first thing they do is, what do they do?
They attack the companies, the oil and the energy sector.
This is really counterproductive.
If you're looking to have a long-term energy policy that keeps our energy costs lower and also puts us in a better economic situation, then attacking the main source of your energy, attacking and using the old liberal line of the companies are big, they're making too much profit, And this is the line that you're using, then you are simply tying one hand behind your back of our economy, especially when it comes to energy.
But that's the first line of political spin.
I want you to hear on this show today why this spin is important.
The reality is we get 63% of our oil right now From Canada, Mexico, Saudi Arabia comes in next, and then we go into Russia oil, which now private companies were leading.
Congress is getting ready to ban the use of imports of Russian oil as well.
But private companies were already beginning to do this.
BP and Exxon and Shell were already starting to do this.
So again, this is sort of a reactionary point to look at in the short term Of what we're doing here.
But again, it goes to this administration leading what I say from behind.
When it comes to Taking a political narrative and spinning it, this is what this administration is trying to do.
So number one, they're trying to blame Putin.
Number two, if the Putin narrative is not working, then when asked about energy resources we have here, why don't you turn it to do that in energy investment here?
They blame the energy oil companies.
Why?
Because they cannot give in to the green side of their party that will not accept or does not want to accept the fact that we still are a nation run on oil and gas.
And I think that's something that we have to deal with here.
So as you look at this, it also gives me just a moment here.
Let me just put a pause on the energy argument, but also pause on what I've said several times in this podcast already, and that is leading from behind argument.
And when you lead from behind argument, we're starting to see that the private sector Russia was also coming ahead in this leading in the sanctions against Russia.
Russia now is the most sanctioned country in the world.
And you have everything from financial institutions, you have credit cards, you have all of these coming out.
You now actually have in just the last 48 hours, McDonald's, Coca-Cola, Starbucks, others are leaving the Russian market or shutting it down until after all this is over.
So you're seeing this pressure build on Russia.
Which again, we can talk about in a different context is forcing them toward China and others to make up the difference, especially in their oil production and the money flow that they're getting in, not getting near what is on the current market because they're limited in where they can sell it.
But this is putting Russia more and more of a hole, which leads Putin into a vast realization at home that he is going to have to deal with these economic sanctions, these economic cuts and the lack of oil That's why Germany and others have not followed completely the ban that the US has talked about
and the private companies have talked about because they are frankly still very dependent.
Germany, UK, In particular, are basically predominantly oil, gas, as far as how they get their energy supplies.
Now, as we talk about a little bit later, all-in approach, there are some differences in Europe.
We'll talk about that on where we get our energy plans.
So, the first thing is, is the Biden administration is trying to convince you through their political spin, never let a crisis go to waste, they're trying to blame Putin.
Remember two or three weeks ago?
I'm going to take you back just a few weeks ago.
And inflation is growing at the highest rate in almost 40 years.
You have gas prices going up.
Remember, as I said, gas prices were going up before the Ukraine invasion.
And what was the Biden administration's response then?
They were struggling to keep up with it because their whole agenda was a tackle in gas industry and yet not be able to provide relief from everyday pump.
Why is this important?
Elections.
People who are paying this high on gas is they're going to blame the party that's in power.
They're going to blame the people in the White House, especially if there's no evidence of it being moved toward helping out and relieving everyday people's checkbook.
This is hitting people right in the list of this podcast.
Know this very, you're paying more for your gas.
You're going to be paying more for your electricity.
This is a trickle-down effect of these policies.
And this was going on far before the war.
So again, this was...
The Biden administration, you've got to understand, I think, that inside the White House, this was, in some ways, they view this as an opportunity to take the spotlight off of themselves.
Because up until now, they were the ones trying to have to justify the lack of movement in our energy sector, the lack of movement in what we were doing to grow our energy sector.
And they were having to put it over here on themselves and then try to deflect it to either Republicans or other things.
That wasn't working.
Still not working, but now they have a straw man, if you would, or a bad guy to point at.
They say it's Putin's fault.
It's Putin's fault that he invaded Ukraine.
That's why your gas prices.
That's why that clip that we played earlier is so important.
And also the words coming out of the president's mouth when he announced the Russian oil ban is so important because now it is Putin's war.
It's Putin's war machine.
Putin's problem.
Everything that comes out of Joe Biden in this administration now is a Putin problem.
And so when we deal with this, that's the first step you have to understand.
So I want my listeners on this podcast to understand that we're dealing in complex political spin right now, the first of which is let's take the deflection off of our problems and put it on Putin.
Second, when confronted with the realities of how do we, you know, if we take the Russian oil ban and say, well, how do we replace that?
Well, the logical place to do that is with our own oil production.
Let's ramp up our own oil production.
It's not going to come overnight.
Hear me clearly.
You cannot, it just will not happen overnight to where we could up the production here in the United States to get to a level where we automatically see gas prices drop by a dollar.
We're not going to do that.
But if we build up over the next six to eight months, we build up our own reserve.
Number one, we've taken ourselves off of dependency of Russia.
We're not funneling money toward Putin and his government.
And we're building up our own industry.
This is why this is important.
And it frustrates me to watch this administration continue to attack an industry That is providing jobs and is providing the needed resources that we need right now for our country.
And again, I've not said yet that you don't take other things, that you take other things off the map.
I'm not being exclusionary here.
So wind, solar, you know, the fusion, anything else you want to talk about, water, renewables, all of those are still on the table if we just simply say, let's focus on our own energy needs and how we can actually produce this.
Is it going to be short-term energy?
A satisfaction?
No.
It's going to be a long-term issue that then allows us more independence in this function.
So, as we see we're coming on here, I want you to stay clear here.
Number one, blame Putin.
Number two, if that didn't work, we start blaming the energy companies themselves.
We start, as Jen Psaki has been saying, They're making too much money.
Why don't they cut their prices?
Why don't they do this?
Again, blame the energy companies for the problems that were really started, as we've outlined here, of the policies of the Biden administration.
When you shut down the pipelines, you make it harder for gas and oil exploration, you make the red tape even further, now you shut down oil and gas leases on federal land, and you make it in which you're making the energy sector the villain again.
Then we get into number three and this is a red herring that again argument that has been coming up a great deal with Jen Psaki.
I've heard her say it multiple times now and that is again it's a sort of a sub-argument off of the argument that the oil companies are bad is that they have over 9,000 federal leases that they're not using.
Now it needs to be understood that leases are not production.
Leases allow you to explore.
It allows you to drill to see if there is a resource there, an oil or gas resource in that lease area.
Now, again, that also takes money.
It takes the investment to make sure that you go in there and to do that.
And there's a possibility and a very likely possibility that you're not going to find anything, that it's not worth the investment To drill in those areas, which means that you've spent money in investments, you're not going to get anything back, and then you move to the next site.
Remember, even if you found reserves there, if you found oil or gas, this issue of leases that Jen Psaki keeps talking about is not permitting.
It is not then moving into permitting, moving into actual production, and getting it on the market.
So again, this is a red herring.
They want you to think that the oil and gas is out there being mean, big corporate America.
And look, there's a lot of issues that you can take with The oil and gas industry will leave those for another time that is out there But in this situation to simply say that they're not using leases available to them That would fix the problem again The implication here is is that if the oil and gas companies would just go use those 9,000 leases that they still have That this situation would be helped that they're hindering notice the argument here.
They're saying And Jen Psaki is basically not just implying, she's saying is that the situation would be better if oil companies would take a better corporate approach to our energy needs and go use these oil and gas leases.
Now, there's a clip of her saying this and I want you to hear it from her mouth where she talks about this because the way she says it, you can hear the, I'll say the indignation in her voice.
Number one, for being questioned about this at all.
But number two, that they use these oil leases to...
Did not help Americans.
So listen to this clip.
Would President Biden rescind his executive order that halts new oil and natural gas leases on public lands?
Well, 90% of them happen on private lands, as I'm sure you know.
And there are 9,000 unused approved drilling permits.
So I would suggest you ask the oil companies why they're not using those if there's a desire to drill more.
You see, she just doesn't like this issue.
Number one, because she knows she can't explain it.
Number two, she knows if she could explain it, people aren't buying it.
And number three, at the end of the day, for all of these that we've talked about so far, it's not directing and it's not getting most people off the understanding because Republicans are keeping this up The mainstream media seeing this is saying if we're going to do these steps toward taking a source of our importation of oil, which is Russia, which everybody agrees upon now to get rid of Putin's lifeline here, the question is, what do you do to replace it?
And I think this is, you know, when you keep blaming The oil companies not using their leases.
Too much money they're making.
We're not going to change our energy policy.
We're going to continue to see our emphasis on green energy grow so they can overcome this.
Again, not explaining to the American people that that is years off in the making.
Again, it is just deflection.
Why?
We're in an election year.
Democrats are looking at a very tough November and these issues aren't helping.
But let me just take for just a moment.
I do want to switch gears.
We're going to have, like I said, we're going to continue and we're going to do a much deeper dive into this later.
But I want to say, look at what happens now.
Let's look at the reality of what the Biden administration is doing.
Now this is something that you really need to understand.
We've talked about what they're saying, but now let's talk about what they're doing.
They know that this is a problem.
They know that oil prices and gas prices at the pump that people see every day, and it's just like inflation, this is something that affects them that they're trying their best to shake.
But I think the answer is almost worse than the problem that we're seeing going forward.
Their answer is that they're going to some interesting actors on the world stage.
We actually have sent a delegation to Maduro in Venezuela to go get oil from Venezuela.
We're not going to talk, we don't have time in this podcast today to talk about, and that might be something that we, you know, you want to see the results of a move from an economy that was one of the brightest, most lucrative economies in this hemisphere, you know, to look at,
in the southern hemisphere, to look at Venezuela to actually see what happens when you have socialism take over, when you have this issue happen, where you have a country that is now in ruins, their oil industry is not near where it was But yet, we're in such a desperate strait.
Biden administration is such a desperate strait to replace that 3-7%, depending on what numbers you're using of the oil that we get from Russia.
How do you replace it?
One of the areas they're going to is Venezuela.
Do you really?
I mean, this is not as reported as much.
You're not hearing it.
You're going to hear it here.
That's why I'm encouraging you to share this podcast.
They're going to Venezuela.
And dealing with Maduro, the very one that Biden and the Democrats and the world has talked, you know, very down about the problems in Venezuela, the despotism, the authoritarianism, the country is in shambles of people living in poverty.
This is all coming from a socialist regime down there.
And we're going now because we have chosen to remove ourselves from Russian oil without...
In the past year, having a policy of downplaying American energy reserves, and now we're having to go out and make it up.
So here's what they did.
They go to Venezuela.
Right now, it doesn't appear to be working.
So where do we go next?
We go to Saudi Arabia.
Again, another issue that we have Saudi Arabian dependence.
We already have the third largest of our suppliers coming in to the market.
And, you know, they're saying to increase, to see if they will increase.
So far, it's been interesting.
OPEC's not taking Biden's calls.
In fact, Saudi Arabia's not taking the calls.
I think there's a UAE call.
And so, that should right there sort of set us off in an interesting discussion of why are these countries not returning the President of the United States call?
So right now, that's not working at all.
Then we turn to the one that is the most frustrating for me, and I want to bring it out here, and that's the deals with Iran.
Okay, yes, that Iran.
The Iran that funds terrorism all over the world.
One of the largest funders of terrorism in the world.
This is a country that is hell-bent on having nuclear capability.
And really, their capability and their reasoning for having a nuclear...
Capability is one thing.
They absolutely believe in the complete annihilation of Israel.
That is why they want to gain a nuclear power That is why they continue to fund terrorism all over the world.
And the Obama-Biden deal with Iran, which was a complete and total disaster, in which we give them money, we continue to let them spend centrifuges.
The improper narrative of the old Iran nuclear deal was that they will keep Iran from obtaining nuclear devices.
The truth is that's not true.
It just delayed them And at the same point, we laud them back into the world stage of being able to have trade and other things.
And that's what the Obama-Biden deal did.
Donald Trump came in and rightfully took us out of that and put it back on the understanding that this is not a good deal.
This was not ever in our best interest.
And of course, what is happening now, Joe Biden is back and he is looking along with some others to review and renew this Iran nuclear It's getting downplayed because you have the war in Ukraine, you have other things going on,
but just in the last 48 hours, Russia and China both made this comment that they were amazed at how much Iran was actually able to get in the negotiations with America and other places, especially when it comes to increasing oil production and other things.
Again, folks, you're now getting ready to send our tax dollars and our monies to Iran and to fund the Iranian government.
Either if we purchase it from the government perspective for a strategic oil reserve or if private companies are now back having to get their oil from Iran, you're funding the religious authoritarian regime dictatorship in Iran.
The ones who fund the terrorism that you see in Syria, that you see all across the Middle East, that you see in other places that have harbored terrorists, that have given money to terrorists.
And also, number one, who do not even...
Expect or want to expect the nation of Israel to exist.
They will not even acknowledge their right to exist.
And we're now having to go because of this energy policy.
It's amazing how we go from an energy policy discussion to a world geopolitical discussion that has put us now back with Iran Who does not like us, who does not like anything from the West, and yet we're now having to go hat in hand.
This has become the hat in hand administration to go into people like Venezuela, Saudi Arabia, and Iran to try and get oil, them to increase their production so that they can offset the problems that we're seeing here in our own law.
While at the same point, ignoring the fact that they're ignoring our own oil and gas energy issues.
This is where I want to move and transition.
If this is the bad ideas, if this is the list of bad ideas that the Biden administration is doing, then are there areas that we can actually look at and actually...
Begin a long-term process.
And again, I want to emphasize to the listeners out there, nothing that we can talk about today will automatically drop oil and gas prices, your gas pump prices back to what they were under Donald Trump.
Because of what's happened over the past year, because of issues now with the war in Ukraine, global supplies, you're just not going to see that overnight.
But are there some things that we can actually do?
Yes.
And I think the first thing we need to do is if the Biden administration is going to lead us down a path of higher energy prices right now because of the decisions to cut off Russian oil, which Congress is getting ready to do as well, that's fine.
Then replace that oil long term.
Go to the American people and say, here's what we're going to do.
This is going to improve our position geopolitically and out the world.
We're not going to be...
Russia is not going to be a dominant force.
Hopefully that we can get Europe weaned off of a little more of the Russian oil dependence, especially Germany, UK, and others, that we can maybe supply some if in the long term we were able to ramp up our production.
But you've got to have an emphasis on America first.
It sounds, you know, again, like what Donald Trump had been saying for years, but we've got to put our energy resources first at the same time as building our other alternative green sources.
What are some of the first things that we can do?
Number one is renew the five...
There's a five-year offshore leasing...
Program that is up for renewal in June, it needs to be extended.
That, again, gives long-term stability to an exploration market, leasing market offshore, so that we can continue to search for and find and then produce the energy resources that we need.
We need to go in and look at the, end the federal ban on land leases on federal land for oil and gas exploration.
That needs to end.
We need to remove that.
And then, granted, and remember, we talked about Jen Psaki's understanding, Jen Psaki's understanding of the It's not being used, but we need to be able to depend on it because out of those 9,000 leases, we don't know how many will actually be productive sites in which we actually gain an energy resource from.
So we need to get back looking at that.
Number one, the easiest thing is to go back to construction of the Keystone XL pipeline, the extension off of the Keystone pipeline, is still a ways away from being finished.
But again, it gives a longer term look at how we manage energy supplies now.
And I get it, the green side don't like that.
They want to take that off the table because they're trying to move us away from that.
But if you want to have energy independence in which we can have a more stable supply of our energy, keeping our gas prices lower, then we're going to have to invest in our own energy resources.
Here.
The other ideas, and there's some things out there, gas tax, relieving the gas tax.
This is a short-term solution.
It could drop it, you know, 25 to 50 cents if you had coordination between the states.
Now, this is going to be difficult for the Biden administration to do.
Number one, because they're using this gas tax funds, the federal transportation projects.
A lot of which were just passed in the infrastructure bill that was passed in the fall.
But is this something that could be done?
Remember, right now there's 18.4 cent tax on gas, a 24.4 cent tax on diesel on the federal level, not counting what states imply.
So again, there's a great deal of taxes in the gas prices.
Even when they're lower, a lot of what you're paying is a tax.
This could come down.
The problem is you're gonna have cost.
And this is something the Biden administration, I'm not sure they're willing to do.
There's been some discussion about that.
It seems to go nowhere.
So we'll see.
In an election year though, I'll tell you, be ready for pretty much anything.
That's something that happens.
Another issue is this summer blend.
Let's don't make the oil companies have to switch to this summer blend of gas, this reed vapor pressure issue that causes, especially larger cities and others, to have to switch to what's called summer blend.
Let's just continue to run the winter blend.
That way they don't have the cost of having to revamp, redo, and go forward.
Just another way to look at it.
The other issue that I want to Really emphasize as we sort of top this this podcast today and I want you to share this because I'm often struck at how many times we just simply say you know go out and drill drill baby drill do those things and I understand that but also from a perspective of overall energy growth we do see a growth in in our electric vehicles we do see a growth in hybrids we do see a growth in And things that are considered green energy.
Now, we're not going to get into the fact that the batteries and some of the other stuff that go into that are very corrosive to the environment.
That's a whole different issue.
And the fact that the electricity that you get to actually power those vehicles are still coming in the United States predominantly from gas and oil.
That's from the gas companies and also still to a limited extent coal.
That's how you get most of your oil.
So my question is, why don't we have, if the Biden administration is so adept at wanting to solve both, is you invest in our oil and gas.
You let them, the market, take care of what's going to happen as they go out and fulfill their leases.
They import.
We have our domestic production coming up while we still import from folks like Canada and Mexico, decreasing our dependence on folks like Iran, Saudi Arabia, and Venezuela, which we're begging for more oil from now.
At the same time, open up our nuclear possibility.
Right now, France, Switzerland, Finland, Sweden all get a predominance of their electricity from nuclear.
The ones in Europe who don't are the ones who are struggling right now with the fact that the Nordstrom pipeline, the Nordstrom II pipeline going into Germany and other places where they're dependent upon that energy resource from Russia.
But we see so much of Europe that gets the predominance of their energy from nuclear and it could be ramped up even in Europe.
Our nuclear program is basically dead in the water.
Georgia has the first nuclear facility going online and I believe it's over 30 something years.
There was one ready for South Carolina, and it seems to be going nowhere now.
Why are we not investing in nuclear energy?
If you look at it from a long-term perspective, again, it provides a stable, clean energy resource.
And for the concerns about nuclear, there are, again, every day they work.
They are safety mechanisms built in.
Is there...
Possibility of problems in any of our energy?
Yes.
But this is something I believe it needs to be invested in.
So, number one, you allow our own oil and gas industries to take the brakes off them, let them grow through the market, and let them provide more of the resources we need.
Number two, you begin investing in nuclear.
Number three, you can continue to encourage wind and solar and other alternative energy sources.
You do it as an all-in approach.
Believe me, Americans will go to where they feel like they get their best buck and bang for their buck.
It just amazes me that instead of having an all-inclusive energy policy which could help not only the US but the world, the Biden administration continues the political spin of an exclusionary policy leaving off oil and gas, only wanting the things except nuclear, That they believe satisfies their green base in the climate change issue that they're dealing with.
And the reality is, while all of this is happening, you're paying more out of your pocket.
You're paying more for gas.
You're paying more for your energy resources, your electricity.
And the Biden administration is basically living off the fact that we're going to use this crisis to push our political agenda.
By doing several things.
And the first thing is, they're spinning this whole thing.
That it's not their fault.
It's always somebody else's fault.
And it's that big bad oil companies.
It's Putin.
It's everybody else.
So, this is why I wanted to have this today.
We're going to continue this discussion on the Russian oil ban and its exact...
You know, problems, what we're looking at in that as we go into the next podcast.
But this podcast, I wanted to lay out really what is the political spin.
This is what's being told to you, and this is the reality of where we are.
And if we continue, if Biden administration continues to make these concerted calculations, the gas prices are not going to go down.
But the problem is, it's not just an immediate satisfaction, it's the long-term implications.
We need to make decisions now that will in the long term bring us back to where we need to be instead of exasperating the problem as we see it now in the short term and that will continue in the long term.
Again, Biden administration is following the old democratic narrative.
Never let a good crisis go to waste.
They're not doing it and they're trying everything they can to use this to deflect from themselves and to put the blame on other places and you will continue to see it.
That's the way it is.
That's the part we're seeing right now.
That's why I wanted to share this with you.
So again, if you're getting this podcast, you've already downloaded, you've already subscribed.
If you're not, hit the subscribe button, hit the like button, and make sure you share this podcast with others.
as we get the message out there.
I want you to be aware of what the true spin is and we'll continue this discussion next time.
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