« The Ben Shapiro Show

Ep. 1448 - Biden Means Pain At The Pump

2022-03-08

Gas prices spike into unprecedented territory; and the Biden administration reaches out to Venezuela and Iran rather than pushing new drilling.

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This is an unofficial transcript meant for reference. Accuracy is not guaranteed.
Gas prices spike into unprecedented territory and administration reaches out to Venezuela in IRAN. Rather, pushing new drilling, I'm bench grow. This is the bench Barroso. The bench brochure respond to my express bbn, protect your all mine privacy. Today, an expressive gps, dot com, Wash, but well. You may have noticed that we are spending way too much money on everything like every single thing. Right now, the gas prices are extraordinarily high. Sir food prices, like everything you're paying too much for all of it. What one of those things things much more, but you can actually lawyer price on today. Is yours I'll phone bill. You need to stop paying from rising agency and mobile social initiatives, stopping there are thousands of retail stores across the country never go to stop paying for those he added protein ever use instead. Hadn't over to pure talk, pure top, will give you five g coverage on the same five. You network is one of the big eyes for about half the cost. You ever Emily, sitting over eight hundred dollars, ear, which is money that could be you confusing for all of these
elevated prices in your life thanks you, Joe Biden. What is your excuse? I made this, which you can keep your number keep your phone organ discounts on the latest, iphones and androids limited talk text six gigs of data for just thirty then listen if you still want where did you get it ends? A fortune could appear talked outcome shop for the planet's right for you ever thirty eight, three guarantee she literally have nothing to lose. Hadn't over the pure talked outcome. Entropy, uncle Shapiro you'll, see fifty percent of your very first month of coverage. That is pure talk, dotcom promo code, Shapiro Pure Talk, is simply smarter wireless. Well, he price at the pump is now extraordinary its extraordinary because of the war. In Russia, Ukraine. It is also extraordinary because the West has basically spent the last several decades, attempting to wean itself off of natural oil and gas sort of when I say sort of what I mean is we have made ourselves significantly more dependent, except in the United States, on outsourced forms of carbon bay. Energies, so there sort of environmental nimby isn't that in the first world? Where were we?
we do need the gas. We need, the heating oil. We need the gas supply. We need all those things, but we want to see them right here, prefer that our environment remain pristine, but we would really like it Venezuela just drilled but will wield loved if Russia just drilled if brought up, that Ireland actual gas. We don't care if it really in the mess, yes and least environmentally friendly way, they'll care, they couldn't pipelines in ship it over to Europe and then what ourselves more and more dependent on some of the world's worst people, because at least that way we can talk. Gretta timbered that we have done our best to fight. The warming, and so we ve made ourselves more dependent on desperate and authoritarian with regard to oil over the course of Sweden is not in the United States that hasn't been true. It wasn't it under Obama actually because infraction boom, that happened under Obama, was unexpected Obama, They didn't want to foment said he fought against it, but nonetheless, tracking brought down the price of oil dramatically tracking was was a deeply impact. Full
Eric technology that made America significantly less dependent on foreign sources on foreign sources of oil and natural gas in actually created by twenty nineteen and energy surplus in the United States, where we are exporting more oil and for gas than we were importing. That doesn't mean America's energy Independent, because us out huh supply chains work Some of our oil and natural gas is going overseas. Crude oil was coming, after the United States at the same time. So it's not as though, because we're according called energy independence, that meant that we had complete autonomy, meaning that all of the oil are producing, the United States is being consumed in United States about sixty eight percent of all the natural. Gas and oil in the United States being used was from the United States, but we are he'll using foreign sources of oil from OPEC from South America from other places on the play about five percent of our oil and natural gas coming from overseas courtesy of Russia. However, what this did mean is that if the unit- states had continued to ramp up capacity if the United States- spent the last year attempting to wine down our production of natural gas and oil and punish,
natural gas and oil producers. We would be in a much better position when these spigots shut off from Russia and what we have to turn this big, it's off from some, the worse places on earth, mechanisms less dependence is a very good thing in terms of in policy. The environmentalist don't care about that now that they like to say that They really care about saving the planet and preventing global warming. Realistic, vaguely very they lived on very little of either of those things that would save the planet. They have really prevented global warming either in terms of the cuts to carbon emissions that they have been discussing. What really happened? is that most of the dirty work has gotten outsourced in the same way that American really likes you products. They just want. Don't wanna produce those at home, because that would actually require extraordinarily cheap labour and so produce it oversees. The same thing has happened with oil and natural gas, and so that means that when we end In economic war with Russia and the gas prices spike Accord the wall, Street Journal presented the gas number now soaring, Senor record levels across the United States threatening to further pressure consumer
and an economy already struggling with sky high inflation run Monday National price, regular gasoline in four bucks, six a gallon the highest praise since July, two thousand eight approaching the record of four bucks in eleven cents reached that same month, according to AAA the weeks run up was fuelled by There's shippers and financiers, shunning russian oil, removing millions barrels well from global supplies that had squeezed, can already ready tight amid a rebound in global economy as emerged from two years in combination. Restrictions, recovering demand is Craig inflationary pressures around the globe, rattling doctrine of everything from cars to courts. We had already rammed up the price. inflation on oil and natural gas thanks to increased demand. Some of it all spurred by american government spending? And now we ve got the supply, Helen burns easier, vice presidents of analysis had energy consultant rise at energies as if we were in a supply, comes before the rush invasion. Right now we are now hyper supply. Crunch royal, we're in a price crunch of history, go proportions in the United States,
filleted, refined, gasoline declined sharply during the pandemic. Driven economic shot slowdown the market. About one million barrels of daily gasoline refining capacity. Since early twenty twenty one, the United it was producing about nineteen million barrels of gasoline today. That is right. Paper higher prices, growth returns even without Ukraine crisis. So a lot of this inflation again has been caused by bad regulation. Some those caused by government, In fact, at a lot refineries shut down because they're just wasn't a man, but that should job over the course of the last year. Instead, a ramp up more slowly than it should have. At the same time, new production was not ramping up. His faceted should of demand skyrocketing again thanks to bad government, fiscal and economic policy. This is leading to widespread complaints across the country about gas prices Forty residence, for example, were complaining about gas prices on CBS, LOS Angeles, starting to see- and I would not be shocking see the continuation of Carter you're, a gas lines in the system, what'd from CBS L. I feel proud
does are rising at a rate the. U S hasn't seen since Hurricane Katrina in two thousand five a couple days ago. They should- fourteen sense within twenty four hours. This is ridiculous. Everything of orange juice is Goin beacons, going up copies, going at the cost of living This going up in wages aren't going up. Do you look at the end? will increase in the gas price per gallon occurrence. As for gallons over four dollars a gallon one month ago. It was like three since risen over unhappily fifty seven cents over the course of the last month alone, the average american price of gas It is an extraordinary job, the average households about seven hundred dollars more and its bank account today than before, covered nineteen struck thanks to the dollar blowing money into their bank accounts, but that is all printed massive inflationary pressures, which are now only exacerbated by foreign crisis. The White House does I want to read answers that this one CBS reporter actually talked to genocide, de the White House Press secretary yesterday at her press conference and was quoting drive,
amending rising gas prices one woman saying I just never imagined to see because the gas fields have another said it's a huge pressure to make financial situation huge dress like something I stress the word like during the day why we forget how much money do? What is the White House? What is the president's message to Americans going? The gas station today see prices, so the president's message is that he is going to do everything we can everything he can to reduce the impact on the american people As you will see, that is absolutely one hundred percent, not true, there's one particular strategy that he does not wish to. Try and steady wishes to continue to pressure american consumers into green alighting. His green new deal ideals about getting off of and based emissions income based energy entirely. Maybe western oil giants, who sunken enormous amounts of money into russian oil. after all, the West was attempting to outsource again. This is not completely their fault western companies
To invest in russian oil did so because the West said we're not gonna produce oil here at home, we're going to produce oil abroad and those true for all of Europe issue for all of Europe is true for the United States. To a certain extent, it was not true only because of racking. Which again, but it is incredible that environment was continue. To pretend to tracking is one the worst things in the entire world. The natural gas is produced by franking is significantly less damaging. Forms of carbon based emissions, then the oil that we used to drill for it, as it is Clearly, while that the substitution of natural gas for oil in the american economy has led to a radical reduction in carbon emissions, environmentalist want a ban for acting. In any case, the cords, Austria Journal Western Oil giants spent AIDS building inroads, Russia's fossil fuel wealth, those collaboration collapse, in the days following Russia's invasion of Ukraine, leaving them with no clear path to recoup billions of dollars, russian troops were amazing on Ukraine's bore, or last month, executives at BP shall annex on mobile believe that, whether the fallout said people close to the companies
but in less than sixty hours. Last week all announced there were exiting russian operations under pressure from the? U S and UK governments. As international condemnation of russian president. Vladimir Putin's aggression grew be peace, it would divest it's nearly he presents taken russian state controlled oil, Bruce Rosneft shall said it would russian joint ventures and get out of the now halted. Nord stream pipeline poised to carry gas into Germany. Exxon said it would shut down production from me oil and gas projects, it runs. An island in Russia's Far EAST, we ve actually walked away from our business in Russia's had Bp Non executive director genes warriors at eight. regional CEO Council about last week, apparently the value of babies. Rosneft stake was forty billion dollars in book value last year. It is currently down too close to zero. So what about the western response you all of this is that, at the same time that oil prices are speaking, we are encouraging. Not energy boycott of Russia, but just a sort of pics
your relationship in which western Please don't invest in Russia which would make oil cheaper, but we continue to import russian oil because we want to make oil cheaper. confused in December belated, it makes very very little sense at all to regions are yesterday saying that we still haven't made a decision to ban russian oil imports. I'd, I'm just couldn't I'm confused. Why are you pressuring american and british Petroleum Exxon Mobile wipe it. Why are you trying to make western companies divest from companies when the United States will not have from russian oil there? There be some other agenda here or LISA four blindness to the realities on the ground for the hundreds These people were alliance on oil. Natural gas make sure that they don't freeze during the winter and make sure that we get to work here is just using we're not going to ban russian oil imports again. If this administration westward. Assailant, importantly, are cutting off russian oil imports. We're doing it right now until ramping up alternative methods of production. We're gonna have a supply crunch right now, but a few It is not going to happen again that would at least make some says you have to make.
How could now for freedom, and we are going to ramp up oil production in order to meet man in order to make sure that you continue to live your life. The way you want to live your life, but there are doing any of that. Instead, they are suggesting that you should undergo pain, but at the same time they continue to not What you'd undergo enough pain read there? They can what we're going to sort of keep the present by continuing to implore russian oil and then we're to use the higher prices as impetus for our agenda. We are pushing beforehand anyway, here fuck, say we're not going to make a decision to ban russian oil imports. No decision has been made at this point by the in about a ban, an import ban on importing oil from Russia and those disks hence our ongoing internally and also with our counterparts and partners in Europe and around the world, genes argument for waited say. While the real problem here is that the Europeans haven't diversified their source of well well, you know would make that easier is very extorting, more oil to the Europeans if they
more dependent, anti american oil and natural gas than russian oil and natural gas. I would definitely help, but here is just are you suggesting erodes the Europeans? It it's their fault. Well, maybe we shouldn't follow. Their example than their big mistake was again listening to a swedish teen. Instead of looking across the across the continent and the russian Dick or with territorial aggression ambitions. There is urgent Aachen. the Nord stream one to threat aside the reliance on importing the import of russian oil, is so much more significant in Russia. Then I'm his Mean Europe, that, well over the course of time, its clear that they recognise the need to diversify their means of getting oil. This is a bigger challenge and puts them in a more challenging position: its weird, because one Donald Trump said that a few years ago, flashback, twenty eighteen downtown at the United Nations told the Europeans, you guys, you need
stopping reliance on russian oil and remember this- was supposedly pro Putin CATS Paw Donald Trump. Europeans you morons, you need to get off russian oil forthwith and the German were laughing at him when he said this now, of course, there are as yet their doubling because their lines and when my button, Germany, will become totally dependent on russian energy. If it does not immediately change course here in the western hemisphere, we are committed to maintaining our independence from the encroachment of expansionist foreign powers, anything. You can see the Germans laughing. There are literally laughing cut away to the german delegation and their openly laughing. At Donald from for saying this and then what four years later Germany's energy prices our centre rapidly increase, though they look, these sophisticates thesis it sneering down from for saying something. It is overly
clearly drew and was true at the time the Germans are laughing at Trump card there, laughing and trump me, because it's so darn funny, it's annulled from told them to you know, look for energy independence from Russia has a giant fail by them, but there is a. I feel you no longer need to participate in I'm talking the giant fail. Owning under our other an underwear Tommy Johns, with dozens of comfort so once you fried Tommy underwear, you're not going to go back to what I really throughout all my other prayers, wonder where I only Owen Tommy John, have got the innovations like an air emissions, you're, hammock, moisture working fabric of four times the stretch of competing brands. The legs never write up. Tommy John Underwear comes their non rolling waistband for the perfect fit, which is why Tommy, does no customers. They have fanatics Tommy John, thousands of fanatics for thirteen years and tens of thousands of five STAR views CALL Time John, the most comfortable box or Greece. Ever there is no downside by one pair you'll, never one where any other underwear again, I am one of their thrilled customers. I can tell you there.
is amazing, with over seventeen million pairs old men across Amerika love those Tommy, John Underwear, Ptarmigan underwear moves with you thanks to breathable, lightweight, moisture working fabric, that's four times the stretch of those com, in brands. The shipping the returns are free, as every single parents, by Tommy, Johns best peril ever or its free guarantee get twenty percent off your first order now at Tommy, John DOT com, slash ban autonomy, Johns Outcomes, lifespan today for twenty percent off Tommy, drawn dot com, Slash Ben she site for details. The image by the way of making yourself more dependent on foreign dictatorships is not relevant. Merely to the price of oil. It also has massive impact on world markets. According to the Wall Street Journal, the DOW Jones Industrial Average slid nearly eight hundred points on Monday Martin, a ten percent decline from January's hides closing correction territory for the first time in two years, a surgeon Prices heightened concerns about inflation and economic growth. You're stocks, fellow Learning training for oil prices burst about one hundred and thirty bucks a barrel on Sunday night threatening to up and calculations for when he clause consumer behaviour in the course of inflation,
four major indices, deepened in the afternoon as investors, dial back on rest by selling shares of companies across much of the economy where the Tec Heavy NASDAQ composite falling into a bare market. By declining twenty percent, No November high, so I left the DAS bluechip, so percent, below their January record meeting the standard. Of course, correction defines dropped. The least ten percent from a recent high the index. Last aggression in February, twenty twenty thousand course right at the outbreak of covert Investors are growing fearful that the consequences for financial markets of the war in Ukraine now engage wild, couldn't Creasy dramatic already the conflict is world commodity. Inflamed tensions between Moscow and the West Russia being unplug for much of the global financial system, Huns all chief investment officer at future. I press has the market and increasingly shaky ground when you combine the price charts we are seeing in the energy complex on one hand and a gal
inflation we're seeing. On the other hand, that's really tough makes for an equity market to hold value Asians, where we are right now. In other words, how exactly you launch an IP l when you have no idea what things cost it makes things incredible. Incredibly, difficult investors are getting very, very wary of course this has an impact and how central banks are about to try to curb inflation. According to the Wall Street Journal, both sides of the atlantic inflation levels, but, having been seen for decades, it still rising global stock market, wilting? The dollar is searching against other currencies as investors rush for the safety of U S, assets, economists are increasingly warning of a possible bout of stagflation, particularly in Europe, education of high inflation and low growth and afflicted matrix Miss during the nineteen seventies back then Centre Thanks responded to a surgeon oil prices with easy money policies, the clause which price viral, Now some central banks may give up on their plans to increase interest rates after keeping them down during the pandemic. At rates at a meeting scheduled over the next week or the European Central Bank and the Federal Reserve had been expected to move rapidly to phase out easy money policies. Both are now likely
more cautious you're going to get the reserve continuing to bolster inflationary problems same day in Europe. All of this is because bad policy is bad. Foreign policy is bad environmental policy. It is bad. It is that energy policy. it turns out when you make yourself more dependent on the world's worst people, and then you have to cut those people often or prevent. Therefore impatience. It hurts you really really badly. And when will when are unwilling to change course, you're not just make them where's today, convincing, evidently worse. Tomorrow, again, where the binding ministration came into office, promising that they were going to limit oil and natural gas development. According the Wall Street Journal editorial page March for two thousand twenty two we reported last month judge slapped down the by demonstrations inflated social cost us? for greenhouse gas emissions thracians us make captured all the potential harm from carbon emissions globally over three centuries. They threw in everything
property damage to health, arms and more. There are attempting to use a grossly inflated social cost estimate to support research on fossil fuels from stripper fuel economy, rules to methane emission curbs for oil and gas production. Meanwhile, it has budget office, says the injunction that the court ruled against them has caused it to halt. permitting work on at least eighteen wells on federal oil and gas leases into newly sales into it has been slow, rolling oil and gas from it. Since I took office, I judge last June struck down the president's leasing ban on federal land and ordered interior to hold quarterly LISA's required by law only Birdy, Interior, finally, holding off for sale, then Green group's suit and illiberal judge blocked the sails even hasn't appeal had and still has not held an onshore resale the president in the last two decades not to have done so in any given year approvals renewal by natural gas terminals and expansions are also sitting at the Department of Energy and federal Energy Regulatory Commission. Accordingly, controlling institute. Meanwhile, the left leaning
from Eric Progress on the administration to block and Opel Philips Project and then no petroleum reserve, Unalaska, which One hundred a hundred sixty thousand barrels well per day over thirty years, a federal judge last summer, tossed the Trump Environmental permanent now interior is revisiting the projects was regional points out. We take the point: reducing regulatory barriers to development, won't increase production or reduce energy prices overnight, whereas one filled, services executive recently saw Bloomberg. Widening, signalling his environmental goals from energy security and consumer prices, that is lost on public companies or the banks there lie upon. Another is, if you get a ramp up production and ramp up expansion and you're going to invest, why would you invest in the face of an administration that is overly telling you that they wish to stop the sort of fashion that you need in the energy sector. Meaning is very obvious that the United States going Green is not the solution to our current energy was maybe Morgan by the way is now predicting that oil could hit a record a hundred and eighty five bucks a barrel by the end of twelve
A hundred eighty five bucks a barrel in the United aids every ten dollars per barrel. Rising oil prices increases inflation by zero point. Two percentage points remember the price of oil right now: A hundred and thirty bucks a barrel to you are talking about at least in one percentage point increase in inflation over the course of the next According to J P, Morgan. I mean it's amazing, maidens up. It's all just combined violated. At the same time that the final ministration is saying: they're not going to go after russian natural gas. an oil there also saying, though, how can a ramp up production and it was just use electric vehicles, and though she got Venezuela and IRAN Farewell all. This is really bad policy. So what does this mean? what it really means. You should expect that. I would expect that today the White House is to actually ban imports of russian oil. I think well, I think, the move towards that, because they want to close that final loophole and prudent. Pressure on him in caves,
pressure which they should, but instead of rapid production to meet demand there, then into pressure, the american citizenry to pay higher prices bump on behalf of their environmental goals. That is the goal as what they want, so oil prices are up. Chaos in the financial markets now is an excellent time for you to think about, ring your biggest monthly payment. I'm talking about them mortgage payment, whether to mortgage The cards really anything was right side to it. You are in jeopardy of paying more for money borrowed and money spent these days. Don't let that happen because you can see, but the federal It was about to raise interest rates are now is the time to call american financing get that free mortgage review. You ve been hearing me tell you about shifting a better deal before the rage umpire because really could save up to a thousand bucks a month with these guys plus ends of thousands about long term from lower rates of short Even that consolidation, american financing can do all of it. They never charge up front or hidden fees. So why not see what they can do for you? If you like what you hear, you can prove qualify for free, possibly scripture,
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Suppliers around the world about how to mitigate the impact and and consider domestic options as well. It's not true that releasing well from the strategic petroleum reserve is going to solve this particular problem. Remember Biden did A few months ago, when the oil prices bite you release a little bit of well and then use Look at me. I fix the Braden fix the problem very clearly. If you tell them or selling exchange came yesterday, courtesy of Peter Doozy, so here insurance argued in oh you guys held up the keystone excelled pipeline, so Keystone itself would have allowed for canadian imports of oil and natural gas through that pipeline to a Texas petroleum refinery, and that would have brought more oil online After? What brought more more resources online faster and they rejected this and so was asked. Why are you doing now? Why don't you green Light Keystone excel? Why don't you ramp up production waiting the things that are necessary in order that the United States can in the future Bring down the oil prices, why did you do those things
and she literally says that it would easier for the United States to go completely carbon based fuel free and to ramp up and which is just a wild statement, arrogant way present via Ever undue executive border that stopped the construction of the Keystone Excel Pipeline, are you suggesting that would solve the gas prices issue? Well? Do you think that that would maybe affect prices faster than getting a whole country? Often fossil fuels? I actually don't think it would. The keystone was an field. It's a pipeline also the oil is continuing to flow and just through other means. So it actually would have nothing to do with the current supply. Imbalance An idiot, I'm sorry, that's stupid thing. I've ever heard it said that that is like saying that if you, if you smash the sink in your apartment, a bridge dancing, don't worry, the water will come through through other means: war, ineffectual life in anyway. Yes,
true the Keystone exile pipeline is not in fact in all feel it is one of the, many components that are necessary to bring oil to market this is like saying if we took refineries off well, you know: there's an oil veal dvd refineries I've lightening the refineries: aren't the oil, the old after all, they do is find your interest. Unbelievable These people are so committed to their environment was nonsense to two away. thinking that is not remotely prattle on look. You must runs the Chief electric car company on planet earth and he said yesterday in a matter how many for cars. You bring online is not going to solve the problem which the carbon based fossil fuels are still significantly more and in terms of the energy they produce than anything else that we have certainly at scale. And yet this administration, and certainly have start thinking that the painters purposeful, when they refuse most obvious solution. That is right in front of them mid term and long term, which is you must ramp up production, make the United and the West less River West, relying
on some of the world's worst human beings. Instead, what we make ourselves more alliance- I get. This is a dirty secret. can spend as much money as want. Agree energy. It ain't gonna make up for the fact that carbon based fossil fuels are way more efficient on a per capita basis. Then our Any of these green sources that they're talking about right now, with the exception of nuclear energy, which they dont want to build, Europe has been finding out here just ten years ahead of us on this Europe, article reduce its own carbon emissions. It did so importing bunch of oil and natural gas from Russia and that mental and then. don't rush attacked Ukraine. They were basically screwed you're very limited what they could do. when this administration fresh must follow that european example all the way down in it's amazing life slap, some of it. They used to say that a conservative and liberal mug rub by reality. Now liberals, Liver been by reality, illiberal his mug by reality, but I don't care they just go with it.
It's it's unreal so calmly, whereas yesterday that she is just a wonder, I mean just a political master. Of of her two she's she's incredible: does she yesterday smiled away. Did she ignored questions on oil later Bye by the way she was speaking about transportation at the time she given higher speech about what, if we could imagine heavy duty, heavy duty vehicles, producing zero is what we could imagine it We can imagine car stalled in the streets because you morons decided that you're going to invest a bunch of money in less efficient sources of energy in the face of dictatorships. They are producing most of the energy that people need me like. What are you here is coming:
yesterday imagine a future. The freight trucks that deliver bread and milk to our grocery store shelves and the buses that take children to school and and parents to work in Majan all the heavy duty vehicles that keep our supply line strong and allow our economy to grow. Imagine tat they produced zero emissions. Will you all imagined it? You imagined it, and so it was real and shows real, because you mentioned imagine the unicorn was farts power. You can you imagine you did. I saw the brains. That is a man she, if, if she hygiene ashore and carries a red balloon where sheep, where she is,
the clown. Okay. So that wasn't the best Harrison of though there has to be some sort of term for Common Harris, saying completely nonsensical things that are said with absolute fervour and are treated as deep thoughts the distinction between deep thoughts by calmly Harrison's ethos by Jack, handy that that wine has been basically obliterated its point but income o Hara saying we must always do what we have been doing it. We must continue to do it and this one. Say. Yesterday she dropped in old timer, say Canada Harris speaking yesterday and saying so little with so many words while smiling crippling at you. It's
it was. It was a moment ago. That's why we're here today, because we have the ability to see what can be unburdened by what has been and then to make the possible actually happen. Did you catch up and retraced his steps? Get. Does this one is like it's it's like I shall pass heating. It's like they can ensure empty Escher thing like the the staircase goes around and it looks going back to the meeting, but somehow still below that, that's the sentence has empty. Escher shows just get this right. We have the ability to see what can be burdened by what has been and to make it possible actually happen.
Yeah she's a she's, doozy she's using while the russian bombs are falling in Ukraine and the oil prices are skyrocketing. But don't worry you you imagined it. We imagined it. So much imagination happening and the power of imagination. So basically, the energy G of this administration is the same as the strategy of the worst poison hook race it at that labels, Robin Williams and you unfurl, did you pick up the platter cover and there's Justine? But if you imagine that scheme is the energy through giving food final be so much fun. Every bang rang. That's that, is the energy strategy of this administration? Are damned joke? It's unbelievable by what people to judge is just as great so people just remember these. Are there tat presidential candidates?
an old man was dead. You ve got Kamel Harris. Who is this? creep his person in american politics. I mean just one: only bizarre and creepy and law ass. We are, and we and is terrible at this says things like, and I have two quoted again. We have the ability to see what can be unburden by what has been into make the possible actually happen. Which sounds like tat thousand corporate. Adviser saying synergy in unison? Well, paid on typewriters like monkeys to come up with that sentence and then have people to judge who is the second Transportation, because you like structural drains and his gay, that is why He's the secretary transportation because generally you not have failed mayors of South, been Indiana and make them secretary of transportation because they like Youtube drains this genius, when com the absent for two months from his job in the middle of the supply chain crisis, and no one noticed no one noticed, but the Good NEWS is:
he's. A real man of people is peep Buddha judge. You know, we know this. A man so great then he is but not a good mayor of seven Indiana, but is gay and also Lou Norwegian to read a book and Norwegian. These are the things that are important for people to judge so people to judge yesterday? He he said The answer to this problem with the supplies of oil natural gas. That, though the answer is yes need to buy an electric vehicle. My God, why, and I think of that you idiots just buy from vehicle. I mean. What's the brought here? Is people to judge man of the people we transportation can bring significant cost savings for the american people as well. month, we announced a five billion dollar investment to build a nationwide electric vehicle charging network. So the people from rural to suburban to urban communities can all benefit from the gas savings of driving and easy.
Oh man, well I mean those gas. It was almost incredible rate Minos. On Monday, we could send on save on gas if you'll just by an electric vehicle, widen anyone. Think of this. Why do you an eagle in riding around guys, a giant eagle Michael. Miller size, you got like a huge giant eagle like the one from Lord of the rings. You can imagine it s you imagining arena the giant, eagles right and should have taken protons him directly to male doom instead of having them wander all the way through the entire lands of of Lord of the Rings world middle earth you could have those eagles, those eagles, the their green energy. It. Let me let me just explain: the according to Kelly, Bluebook the average transaction price from electric vehicle in April? Twenty twenty one was fifty one, in five hundred dollars, which is seven thousand dollars higher than what you would pay, the dealership re full size, gas power, car and thirty thousand dollars more than the average compact car sales. So you don't you
yeah. I know you're worried about the price of the pump. I know that that incremental difference between like four dollars and seven dollars just killing you, so if you could just drop like thirty thousand dollars for an electric vehicle, where's it thirty thousand. I don't mean thirty thousand total. I mean forty thousand above what you would pay for new vehicles. So if you can just take that car, they weren't going to replace dump that and by fifty thousand dollar electric car. That would fix your problem when you are deeply worried about your energy costs rising to the tune of, I don't know a hundred bucks a month. clearly got fifty grand sitting round. What's the problem here that these people, but it is also worth noting here and accordingly axioms today, it turns your electric vehicle, does not work when it is cold. Have this is a problem we proceed judge of EPA Range in freezing and warm weather. Okay, so me, shabby bolt loses four Neri amount of its range when it is, The outside? It loses like Eighty three percent of its range when it's cold outside
so does the shabby bold, some, the better like the test. Them are, why don't lose any range at all, but some of them scars like these shabby Bolton, shut american cars. American made all those cars, the Detroit Cars, those are the ones that are the worst when it is called outside, which is We need to get places because it's called these people, but you know in the end in the end is really about him. It it's the imagination, it's it's all the power of imagination, so he paid Minister Michael Reagan's had yesterday. We just have to imagine a future, and if we can imagine together, like those children the lost boys table and it will materialise, he'll be so much fun. Garriga under President Biden, and Vice President Harris's leadership were pressing. The accelerator
to reach zero emissions future sooner than most people thought he pays too. Announcement today are about seizing the opportunity that technology presence and driving towards cleaner, healthier, more just future. For all of our children, Well, I mean, if we can imagine an imagination, is the first step to achievement Is there another step other than the imagining and spending lots and lots of money? Meanwhile, gas price, but yeah that they get more so here is the United States is tempers is the same as the only solution, guys remedy I wish it was. We are going to go green, but then secretly comment because one Mps right not my back. Our we're gonna go green, but then secretly shovel a bunch of dirty or I will well from the Middle EAST and Russia in South America and bring it only use that stuff
right. But but here we are going to focus on windmills, beautiful, windmills. The chop, birds into small pieces focus on those in solar energy that doesn't work on its dark outside the batteries. Aren't all that durable and we have to get the lithium for the batteries from China, but forget all of that. The important thing is imagination. How are we going to fix this? The same way we ve been doing up until now, we're gonna go to the world's poorest people and we are going to ask them for oil. This is their actual plan. We're gonna, get to that in just one moment. As you can see everything the prices, everything in life is going up and your enjoyment of life is confidently going and why they solution to both of those problems. They answer is good ranchers because they bring you. There greatest me. You have ever tasted in your entire damned life, it's unbelievable They brought me a closer stake recently. Let me just tell you this thing is on real. It on real meat is so good at their prices,
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My brother and I have taken for hostages. We ve come for. One thing are tightened badges if Israel is now well, I want that is the police. They want to talk to our risen this typing badge can grant an individual superhuman. Perhaps it's time for someone else to take on their responsibilities. Meat upon it. I'd recommend next time using your power to Europe. Holding all Highbury. my way when they use a mess in here we ve got Hyperion en route. Gotta get title extra I'm doing one gun catcher
he's going to destroy me next question. Has the family family is one? Is it marvelous, a great movie really really enjoyable appropriate out safer for everybody? Has thirteen plus the Hyperion is a dysfunctional family film? A throwback vibes is what Two percent worth distribute super, create a really. I haven't seen anything like it when we streaming the film once on March. Tenth for all of you to see is the last time will be preparing a movie on Youtube at all to be sure to have or to Delawares Youtube Channel, said reminder for that, live showing after that. You need to be a member to get in on the action had on over the daily wired icon. Slash subscribe should not miss any more of the growing cache of content. We have to offer your list
The large fastest growing concern to Pakistan. Radio show in the nation So what are we gonna do? What we can do here you know about. This Egg spike in oil prices and we dont want a ramp up production, because, after all that my piss off gretta tumbling into very disappointed in you so disappointing to adults to the west. I want my pony, and I wanted now and jobs Ogier, ammonia, villainy smell your hair, So what does illusion gotTA, Nicholls, Maduro and asking for oil bizarre actual dummy solution, I'm not kidding, I'm not getting you according to Antonio Maria Delgado and Michael Wilma writing from Miami Herald a surprise for by the Bush administration, to forge a deal with Venezuela's Nicholas Maduro and to restore the flow, venezuelan oil. In- U S, ports might be. I'll come by. Many was motorists struggling with soaring prices amid the invasion of Ukraine. So what you see at this rate, we will go to the guy.
whose people are eating dogs in the streets, because they nationalized the oil industry and then inflated the currency and destroyed the economy and ever is to hold a decent election United States, twenty nineteen by the way has not recognised it was Maduro as the leader of Venezuela. They recognise one vital whose Opposition leader over there is a legitimate leader of Venezuela. Now We go back to Madeira and we're going give him money, for his oil, so that he can and funnel that to places like but to continue the repression, It's gonna be great guys. This. It saw again remember Russia, what made Russian invasions of foreign countries are powered. I western mandatory on russian oil and natural gas, so our plan is to sub two for russian oil and natural gas, with venezuelan oil and natural gas, my god. If North Korea had oil and natural gas made me which we may go to them, are there any other horrible regimes we could go do instead of just drilling? Is there's just letting
Racking leases happen. Indulged opening pipelines is absurd. It's it's even more absurd, given the fact that Venezuela's output is fractional, destroy the oil industry as well as one and most oil rich places on planet earth. do it anymore because they sucks so much at it accordingly. Regional, even U S, considers lifting sanctions or Venezuela gets overflowing The reality is that the country's oil sector is ill prepared to start churning out more crude and lower faster. oil prices that made you re more years mismanagement, corruption, nationalization of world ensures clause Venezuela's oil industry which, in the ninety nine is produced. Three point: two million barrels a day to crash by twenty twenty one output fell to just one. Tenth of what it had been production has. No more then doubles without eight hundred thousand beryls at eight. That is less than one percent of the one hundred million barrels dozens of countries produce worldwide daily people work.
We are familiar with the oil industry in Venezuela describe a sector that is a shadow of what it once was when the country was one of the four main export as well to the United States. Rusted infrequently oil pipelines carry a fraction of the crew. They once could rigs that one out of the landscape and the country's Woolridge sectors and gone quiet looters Brow into oil installations to steal everything from pumps to compressors, defending and mental disorders, scrap the country's mammoth, but decrepid refineries then there were two years ago still processing minimal proportion of the crew verified in the ninety. Ninety there refinery process about a hundred and sixty eight thousand barrels of crew daily and twenty twenty one. That is down from five hundred seventy thousand barrels a day in ninety. Ninety eight end, but as well, was never able to replace the thousands of highly trained oil engineers, executives and workers who are purge from the state will company pity vs, ay or fled into exile, as the regime grew increasingly authoritarian,. But as well as well in this region. Intensive verities had therapy Caravan Freetown, the exile general Secretary of the Oil Workers Union in Venezuela Falcons state which
clues Emily in Venezuela. You have to build from scratch what has been destroyed so the again the planet administration is don't open up. The OECD done up he's done, abrupt Keystone, Excel dont ram. Production again, the way you would in a war don't do any of those things instead go to one of the world's worst off dictatorship and ask them you could borrow their rusting oil infrastructure and if they could possibly ramp up production, so we can find them by the way then his way, is allied with Russia. Venezuela has been openly allied with Lehne Report and for years Putin uses Venezuela as a base of operations in South America. Ms insanity, to one. Why do you, leader of the venezuelan opposition, were informed of the meeting at the last minute? I write, member of wider seems hold them Miami. Am he hurled to think that Europe will quit Russia when a great deal of the corruption funds have been deposited in Russia and unrest. Furthermore, as its greatest ally, this is a mistake to by
oil from the euro is the same as being oil from Putin its unreal, an just to make things absolute clear. We are also now making overtures to IRAN, of course, so the by an administration which is possibly at economic war with Russia, is currently negotiating using Russia with IRAN, presumably bring run into the world economy. Now bring in the world economy is designed to achieve what isn't going to moderate the regime. What does it designed to achieve it? to bring more oil online more natural gas online, because IRAN is in a wailing, gas region surgeons He is fortunately bizarre position of saying that, while we are sanctioning Russia and punishing Russia, an economic war with Russia and shipping military material and Ukraine to fight Russia is now neither were using Russian and negotiate with iranian surgeon Saki yesterday. I don't think anyone believe that in their interest for IRAN to acquire nuclear weapon, that is how we are approaching these negotiations and discussions, and certainly, as the Secretary of State said just yesterday, we don't believe
The sanctions on them have anything to do with that shared goal it just in Cairo it just incredible. So again, we do I did that we were so ensconced in the green way of thinking and using our imagination, a camel has imagines What are we gonna do that? The problem of imagination is someone's, got to put the bills, and it turns out that the way that the West has been footing the bill for tackling. he's been russian oil and natural gas in the United States. Right now, when hit with high oil prices, we decided that a solution is to go to more of the world where people and ask them for their help. You, meanwhile, will be paying for forensic. and you green energy that is not nearly as effective already for prime time as left claims that it is, but maybe we can use the power of imagination. All you have to do is come down into the store for the red balloon already that you're a little later today, then additional our cause come up soon. Is that, while show airing at one thirty pm Eastern be sure to check it out over a daily? Where I come, I'm this is the bench Barroso
did you join this episode. Dont forget to subscribe to the shop, help spread the word about the bench. Shapiro show, by giving us a five star view, ensuring the show with friend were available on Apple podcast, Spotify Youtube or wherever you get your gas and be sure to check out some of our other daily worshipped, the bench show is produced by Elliot, felt, exact producer, Jeremy boring are super in producer is math is clever and our production manager is but why Daphne associate Sir Bradford Carrington is by Adam silence. Audio is meant by make a coral meta here and make up my fabulous, Christina Production assistant, programmes. The bench of Euro Show is a daily wire production. Copyright daily. Why or twenty twenty two Tell them I will show protests are growing louder over the bill in Florida, which bans the sexual indoctrination of kids Elementary School, and the left has managed to garner this much outrage bare by simply lying about what's in the bill sables through the nonsense and get to the truth and will read the actual bill itself, which is a bold step. You can imagine it also us.
Prizes. Skyrocket across the country, Biden announces a plan to ban russian oil, but the new oil in plan? Isn't much of an improvement? Will talk about that? Camilla Harris also tries to me. Inspirational again doesn't go well. Serena Williams is the victim of racism or socially claims Stephen Florida is fired for anti white by has there's a new one and our daily cancellation we'll talk about the boy, positivity advocate, who inadvertently exposes an ugly truth, which is that the body positivity movement is actually fuelled by hatred towards men. I'll explain why that important. It will show.
Transcript generated on 2022-03-09.