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Speaker 1: Gouber thirty three, thirty three here twenty nonsup minutes of Michael.

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Speaker 2: Oh my god, you lucky dogs, you you lucky dogs.

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Speaker 3: Man. I Dragon.

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Speaker 2: I saw the back and forth over the whole twenty

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Speaker 2: minute thing from on the text line from last week.

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Speaker 3: You remember that. Yeah, yeah, they.

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Speaker 2: I someone watches them working correctly, their stopwatches off or something.

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Speaker 4: Well arguably the hours themselves get flipped in that third

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Speaker 4: hour in the hour. Yeah, any way, so yeah, at

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Speaker 4: the beginning, where's mark twenty minutes, Well, it's coming up, yeah, yeah, yeah.

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Speaker 2: Yeah, but there is non stop at twenty minutes. We're

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Speaker 2: listening to Maria Bartiromo on Fox Fox News Channel interview

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Speaker 2: Daniel Yorgan, SMP Global Vice Chairman, and he's just giving

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Speaker 2: out a dose reality about everything is going on in

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Speaker 2: not just in the Middle East. This is not just

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Speaker 2: a Middle East issue, This is a worldwide energy issue.

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Speaker 2: The focus right now is a choke hold that is

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Speaker 2: beyond just the strait of her moons. Is the confluence

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Speaker 2: of the Strait of her moods along with the Church

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Speaker 2: of the climate activists, all the environmental wackos and everybody

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Speaker 2: keeps demigrating. You know, hydrocarbons as being something evil that

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Speaker 2: is destroying the planet. And if you go back to

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Speaker 2: the first hour of the program, we walk through everything

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Speaker 2: about how much we have spent and how that has

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Speaker 2: literally gotten us nowhere. But the cabal will never tell

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Speaker 2: you that. Here we're getting a straight dose of truth.

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Speaker 2: So what we're stumbling into next in this interview is,

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Speaker 2: I would say, here's the theme of it. The Iranians

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Speaker 2: are holding the world hostage, and there are two beneficiaries.

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Speaker 5: And a lot of oil executives have told me permitting

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Speaker 5: is so critical. That's why the President did executive orders

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Speaker 5: around permitting. But Congress needs to codify these things. There

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Speaker 5: are some rulemaking there in the big Beautiful Bill, but

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Speaker 5: I agree this is the main issue.

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Speaker 3: Let me get your take on the.

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Speaker 5: Strait of Hormuz and how significant this is and what

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Speaker 5: you're expecting from the Strait in terms of how long

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Speaker 5: it may stay shut down and what that means for oil.

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Speaker 1: And gas dan Well, certainly what it means is, as

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Speaker 1: I said, the biggest disruption and its effects are particularly

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Speaker 1: being felt right now in Asia. We're seeing it here

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Speaker 1: in gasoline prices. They're actually having real shortages, and I

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Speaker 1: think this was a theme that ran through the conference

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Speaker 1: in the sense of the risk that it's really going

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Speaker 1: to be up to the military operations. And there's a

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Speaker 1: second risk, which is that other strait that goes out

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Speaker 1: of the Red Seat called the bob El Mandeb, which

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Speaker 1: is some of the oil that was going through the

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Speaker 1: strait going through pipelines from the east coast of Saudi

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Speaker 1: Arabia to the west coast, And what the health he's there?

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Speaker 1: Who are the allies of the Iranians will do there?

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Speaker 1: So I think what I carried away is that if

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Speaker 1: it's a couple more weeks, this crisis is manageable. If

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Speaker 1: it goes longer, it really is a big hit to

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Speaker 1: the global economy, including here in the United States.

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Speaker 2: So it is, you know, a couple of weeks manageable.

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Speaker 2: Longer than that a big hit to the global economy.

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Speaker 2: Who is benefiting from the arrangement if it continues. Now,

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Speaker 2: what you think carefully, because it doesn't get discussed enough.

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Speaker 2: This is part of the bigger picture that the cabal

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Speaker 2: doesn't want you to think about. The largest beneficiaries if

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Speaker 2: this continues is China and Russia. Now, Jurgen points out

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Speaker 2: that there and we'll give you the details of this

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Speaker 2: in a second. But there are already shortages, shortages. The

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Speaker 2: Chinese Communist Party is run out of fuel. They don't

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Speaker 2: have the ability. They're telling people to stay home. You

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Speaker 2: can only work. Sounds like it almost sounds like COVID,

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Speaker 2: doesn't it. You got to stay home, you only work

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Speaker 2: two or three days a week. You can't do this,

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Speaker 2: you can't do that. China is the Iranian's largest oil customer,

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Speaker 2: and they've been buying Iranian oil at a discount in

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Speaker 2: defiance of our sanctions, and they have been paying for

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Speaker 2: it in one not in dollars. So every day that

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Speaker 2: the strait of her mouse remains closed, every day that

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Speaker 2: oil prices spike and the global economy strains, China is

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Speaker 2: insulated because it has already built a discounted, sanctions evading

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Speaker 2: supply chain. With day wrong. Russia benefits for the obvious

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Speaker 2: reason that higher global oil prices mean more revenue for

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Speaker 2: their war machine in Ukraine. So when the Iranians closed

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Speaker 2: the straight, it's not just waging or on the West.

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Speaker 2: It is executing a strategy that serves the strategic interests

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Speaker 2: of Beijing and Moscow simultaneously This is a three way axis,

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Speaker 2: and the stakes allowing it to continue indefinitely was an

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Speaker 2: existential threat to the global world order. It was an

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Speaker 2: existential threat to the United States of America, to South America,

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Speaker 2: to Europe, to India, and to Asia, setting aside Russia

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Speaker 2: and China our adversaries. That three way axis is inherent

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Speaker 2: to your understanding of the chess gain that Trump is

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Speaker 2: engaged in in this effort to finally fix a problem

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Speaker 2: that has existed since nineteen seventy nine and has has

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Speaker 2: made us weaker and our adversaries stronger.

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Speaker 3: Now listen to what.

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Speaker 2: Jurgen says about the secondary thread, the Hooties and the

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Speaker 2: other choke point.

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Speaker 5: Yes, of course, and the Wall Street Journal rights the

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Speaker 5: prospect of the hoo These involvement in this widening conflict

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Speaker 5: is an unnerving one for the oil market, given the

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Speaker 5: group's recent history of disrupting red sea shipping lanes, which

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Speaker 5: have since become a crucial alternative to the strait of

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Speaker 5: horror moves.

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Speaker 3: What can you.

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Speaker 5: Say about that Saudi pipeline because it did bypass the

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Speaker 5: horror moves, hitting seven million barrel.

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Speaker 1: Goal last week in Well, it was a very prudent

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Speaker 1: decision that the Saudis made when there is that Iran Iraq.

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Speaker 3: Ooh, building a pipeline was a prodent decision.

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Speaker 1: Or in the nineteen eighties they said, we cannot just

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Speaker 1: depend upon the Strait of Horror moves.

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Speaker 3: We have to also have an alternative, and.

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Speaker 1: They built that pipeline system that moves oil from the

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Speaker 1: east to the west. The United Arab Republic also the

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Speaker 1: United Arab Emirates also built a pipeline to go around

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Speaker 1: the Strait of Horror m is but parallel to it.

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Speaker 1: So there's some way to get some oil out and

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Speaker 1: it is being used right now. But if the Healthy

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Speaker 1: step up their attacks, if they join their allies and

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Speaker 1: really attacking shipping or scaring people away from the Red Sea,

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Speaker 1: that will only aggravate what is already the most severe

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Speaker 1: oil disruption that we've seen in history, although one whose

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Speaker 1: roots go back to nineteen seventy nine when the Iranian

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Speaker 1: sees the US embassy and started shouting death to America.

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Speaker 5: Yeah, incredible, and that is why President Trump has focused

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Speaker 5: squarely on the Strait of Hormuz and we've got boots

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Speaker 5: on the ground. It's not just oil and gas, right Dan,

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Speaker 5: Because you also spoke with seals like Jim Fitterley of

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Speaker 5: Dow Chemical and he talked about the chemicals that are

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Speaker 5: also seeing spy tim pressing.

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Speaker 1: Is that right, Yeah, yes, it's true that some like

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Speaker 1: twenty percent of world petrochemicals. Another big thing that flows

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Speaker 1: out of there that people don't know about is.

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Speaker 3: Fertilizer.

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Speaker 1: And something else that people don't think about, like half

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Speaker 1: the world's supply almost of helium, which is used to

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Speaker 1: make semiconductors. So at the means are really doing is

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Speaker 1: waging war on the world economy. And secondly, they're trying

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Speaker 1: to turn the Strait of Horror Moves an international waterway

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Speaker 1: into an Iranian basically canal that they can control and

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Speaker 1: extract money from, which they're doing with some countries and

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Speaker 1: right now including Chinese shippers.

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Speaker 2: Let's stop right there now, Catalog. What Jurgen just told us.

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Speaker 2: What he told us is what's flowing through the Strait

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Speaker 2: of her Moons Oil. Yeah, we know oil twenty percent

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Speaker 2: of the world's supply, we keep hearing that all the time.

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Speaker 2: But also twenty percent of the world's petrol chemicals. That

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Speaker 2: means plastics, fertilizers, are fertilizers that feed the entire planet,

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Speaker 2: and then this one almost half of the world's helium supply. Now,

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Speaker 2: before you say, who cares about party balloons, helium is

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Speaker 2: not about party balloons. Helium is used to cool the

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Speaker 2: superconducting magnets in an MRI machine.

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Speaker 3: If you're going to get an MRI.

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Speaker 2: It is used on the manufacturing of semiconductors, the Michael

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Speaker 2: chips that run your stupid smartphone, your car, your military's

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Speaker 2: weapons systems, your AI data centers. Now, if you want

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Speaker 2: to understand why this matters to the technology race with China,

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Speaker 2: start there, Start right there, and you'regan notice something that should.

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Speaker 3: Stop you cold.

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Speaker 2: Iran is already charging Chinese shippers a told to pass

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Speaker 2: through the straight of hor moves. Think about that. The

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Speaker 2: Ranians have already turned an international waterway recognized as such

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Speaker 2: under the UN Convention on the Law of the Sea

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Speaker 2: into what is being effectively an Iranian toll road.

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Speaker 3: It's the four to seventy.

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Speaker 2: Of the Middle East, and some countries are paying for

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Speaker 2: it because what choice do they have. Everything that I

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Speaker 2: just now Michael chips that run a phone, a car,

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Speaker 2: a weapon systems, data centers, all the helium, all of

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Speaker 2: the fertilizer, the petrol, chemicks, all of that. We need those,

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Speaker 2: but so does every other frequent country developed country in

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Speaker 2: the world.

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Speaker 3: So this is what.

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Speaker 2: An extortion economy looks like at a geopolitical level, and

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Speaker 2: it would have continued and it would have expanded indefinitely

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Speaker 2: if somebody didn't break this. Now, listen to what Jurgen

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Speaker 2: says about who is not feeling this is the way

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Speaker 2: we might have been, and pay attention to why unbelievable?

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Speaker 5: What did you say about China and throughout Asia? Right

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Speaker 5: now there are shortages and there are new rules in

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Speaker 5: place for people to be using gas and oil.

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Speaker 6: Is that right?

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Speaker 3: Well?

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Speaker 2: Right?

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Speaker 1: I think in some countries are telling people only work

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Speaker 1: from home home two or three days a week. They're

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Speaker 1: actually starting to ration supplies, they're shifting back to coal

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Speaker 1: for electric generation. Because eighty percent of the oil that

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Speaker 1: went through the Strait of Horror moves went east to Asia,

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Speaker 1: ninety percent of the natural gas, and so that's where

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Speaker 1: you're feeling the physical shortages, which we're not feeling this

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Speaker 1: country because we had this incredible shale revolution that changed

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Speaker 1: us from being the world's biggest importer of oil to

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Speaker 1: the world's biggest producer of oil and natural gas.

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Speaker 3: Wow, now that's where the story turns.

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Speaker 2: Jurgen just told us that eighty percent of the oil

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Speaker 2: and ninety percent of the natural gas that flows through

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Speaker 2: the state of Hormones went east to Asia, and those

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Speaker 2: countries in Asia are now rationing that fuel. They're telling people,

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Speaker 2: as I said, to work from home. And on top

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Speaker 2: of that, they're switching back to coal, the most carbon

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Speaker 2: intensity fuel on the planet, and they're doing.

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Speaker 3: That just to keep the lights on. We are not

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Speaker 3: in that position.

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Speaker 2: But I want us to understand why we're not in

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Speaker 2: that position, because the reason isn't lucked and it's not

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Speaker 2: the benevolence of any government. It was the shale revolution.

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Speaker 2: Private American companies, using American ingenuity, using American capital, They

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Speaker 2: figured out how to use hydraulic facting and horizontal drilling

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Speaker 2: to unlock oil and gas from shale rock formations. Because

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Speaker 2: all the conventional wisdom said that could not be produced economically,

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Speaker 2: and we did it and the results were staggering, truly

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Speaker 2: staggering this country. Our country produced roughly five million barrels

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Speaker 2: of oil per day.

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Speaker 3: We were a massive.

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Speaker 2: Net importer, as he pointed out, then go to twenty

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Speaker 2: twenty four, we averaged over thirteen million barrels a day,

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Speaker 2: the most oil any countries ever produced in human history.

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Speaker 2: And we now produced roughly sixteen percent of total world output.

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Speaker 2: Deal what that is. That is more than Saudi Arabia

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Speaker 2: and Russia combined. We went from the world's biggest importer

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Speaker 2: to the world's biggest producer.

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Speaker 3: Now, I know there's an uncomfortable follow.

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Speaker 2: Up question, what would have happened if the congregants in

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Speaker 2: the Church of the Climate activists had gotten everything they wanted,

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Speaker 2: Because they certainly tried the Biden administration. On day one

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Speaker 2: of the Biden administration, they banned new oil and gas

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Speaker 2: leasing on federal lands, They paused liquid natural gas export approvals.

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Speaker 2: Then they systematically discouraged investment in fossil fuel infrastructure. The

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Speaker 2: stated goal they said very clearly. Remember when Biden that

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Speaker 2: famous video where Bidening's.

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Speaker 3: Over to that little girl. They're only.

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Speaker 2: Waterfront somewhere, and he leans over and he says kind

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Speaker 2: of points to her and says, I'm going to end

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Speaker 2: fossil fuels. There was a state of goal. Had that

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Speaker 2: trajectory continued and had Kamala Harris won, we would have

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Speaker 2: been in the same position as those Asian countries right now, dependent, vulnerable,

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Speaker 2: rationing fuel, trying to switch back to cole as quickly

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Speaker 2: as we can, while the Iranians laughed, Oh, you would

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Speaker 2: have gotten your four day work week, but you wouldn't

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Speaker 2: have gotten paid for a five day work week. You

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Speaker 2: might have gotten a three day work week, a four

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Speaker 2: day work week, because well, we just said other fuel

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Speaker 2: to do the work. We just couldn't keep the lights on.

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Speaker 2: The shale revolution is what gave us the strategic cushion

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Speaker 2: to weather this crisis. And I know it's costing us money.

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Speaker 2: It's costing all of us money, but we're trying to

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Speaker 2: fix a problem that the environmental lacks kept telling us

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Speaker 2: we can fix it this way. We were never going

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Speaker 2: to fix it that way. And the proof is in

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Speaker 2: those Asian countries where they're shutting down, where they're trying

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Speaker 2: to go back to coal, where they cannot keep their

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Speaker 2: economies running because they don't have the hydrocarbons to keep running. We,

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Speaker 2: being the world leader, stepped in and fixed that. The

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Speaker 2: people who spent the last decade trying to kill the

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Speaker 2: shale revolution, I think they actually owe us an apology.

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Speaker 2: Now let's go back to the interview. I would say

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Speaker 2: this is the renewable energy narrative collapse.

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Speaker 5: It's a great point, and our current Energy secretary is

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Speaker 5: obviously one of the key authors and creators of that show.

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Speaker 3: Revolution.

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Speaker 5: Look going into your conference before this all occurred, you

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Speaker 5: thought the big thing would have been the tech industry

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Speaker 5: right coming together and needing more demand for the AI

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Speaker 5: build out data centers. That's not how it played out.

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Speaker 1: Well, that's but that theme was still still there and

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Speaker 1: there is basically that for twenty five years, Maria, electricity

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Speaker 1: demand didn't.

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Speaker 3: Grow in the United States.

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Speaker 1: Now it's really growing strongly, and we see areas including

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Speaker 1: the Northeast United States, that are very tight in terms

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Speaker 1: of electricity supplies. So we need to add new capacity.

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Speaker 1: And that was a big theme because you know, it's

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Speaker 1: estimated as you know that about half of the US

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Speaker 1: economic growth last year came from investment in data centers,

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Speaker 1: and data centers need electricity.

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Speaker 2: Yeah, for twenty five years, just revisit what he said.

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Speaker 2: For twenty five years, demand for electricity in this country

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Speaker 2: was essentially flat. And in that environment, Yeah, the Church

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Speaker 2: of the Climate activists could make an argument how or flawed.

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Speaker 2: It might be that, oh, hey, Wyndham solar can meet

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Speaker 2: our needs because the demand was flat, because our demands,

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Speaker 2: our needs weren't growing very fast. That argument is dead

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Speaker 2: in the water. Artificial intelligence is killing it. Data centers

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Speaker 2: are killing it. The electrification of everything that the climate

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Speaker 2: activists demanded evs, electric heating, electric everything is killing it.

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Speaker 2: And Jurgen just told you that roughly half of all

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Speaker 2: US economic growths just last year came from investment in

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Speaker 2: data centers. Those data centers run twenty four hours a day,

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Speaker 2: seven days a week, three hundred and sixty five days

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Speaker 2: a year. They cannot run on intermittent power. The wind

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Speaker 2: doesn't bow on command, the sun doesn't shine at two

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Speaker 2: o'clock in the morning when the servers are still processing.

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Speaker 2: You cannot run a data center on a prayer and

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Speaker 2: a solar panel. So the same greeny weenies, the same

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Speaker 2: climate activists, the same church of the climate activists that

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Speaker 2: wants us to ban natural gas and colon nuclear is

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Speaker 2: now confronting the reality that an artificially an artificial intelligence economy.

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Speaker 2: If they celebrate the chat GPT, the autonomous vehicles, the

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Speaker 2: miracle technologies, and medicine science everywhere that requires what more reliable, dense,

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Speaker 2: cheap energy then the grid can currently deliver. The northeast

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Speaker 2: of the United States, Jurgen said, is very tight on

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Speaker 2: electricity supplies. Well, that's what happens when you shut down

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Speaker 2: reliable base load power in pursuit of an ideology. So

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Speaker 2: you can have the green energy transition, or you can

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Speaker 2: have a growing economy at the current state of the technology.

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Speaker 3: You can't have both. You gotta pick one.

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Speaker 4: Alexa.

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Speaker 7: Speaking of passive aggressive tendencies, Michael, how can you be

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Speaker 7: worldwide if you don't even have your dang world map

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Speaker 7: yet where you can put the pins in it so

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Speaker 7: you can prove that you are truly worldwide. You're welcome.

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Speaker 2: Yeah, as soon as I get around to it, a

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Speaker 2: round to it. Have you ever seen a round to it?

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Speaker 2: Just shake your head. I don't care, just shake your head.

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Speaker 2: We can have an energy transition, or we can have

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Speaker 2: a growing economy, but we can't have growing technology, growing population,

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Speaker 2: growing food demands, increase in technology, whether it be in

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Speaker 2: medicine or any other science. We can have all of that,

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Speaker 2: or we can have the current state. Pick one. I

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Speaker 2: almost to have a growing economy. I almost to have

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Speaker 2: advances in technology. I want all of this. I want

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Speaker 2: us to be the world superpower. I want the world

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Speaker 2: to look to us with our ostensibly mostly free markets,

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Speaker 2: our mostly republican small r form of government, our so

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Speaker 2: called democracy. I want all of that. I don't want

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Speaker 2: the authoritarianism, which I mean. I'm thankful that we have

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Speaker 2: the No Kings marches because they've done very well to

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Speaker 2: keep kings out of this country. So you keep those

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Speaker 2: No Kings marches going, which we'll get to in the

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Speaker 2: next hour.

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Speaker 3: Very good for them.

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Speaker 2: But we have in this country an example of the

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Speaker 2: choice that can be made. And if you make the

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Speaker 2: choice to go down the route and join all of

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Speaker 2: the useful idiots and the church of the climate activists,

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Speaker 2: you have a great example of what that would look like. Now,

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Speaker 2: the primary example you'll hear about. But as you hear

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Speaker 2: about that, and you live in Colorado, or you live

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Speaker 2: in Illinois or New York, of Washington or Oregon, I

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Speaker 2: want you to think about how those states are following

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Speaker 2: in lockstep right behind this example.

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Speaker 5: Yeah, absolutely, Dan, Real quick, before you go, what's your

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Speaker 5: take on the state of California. You told me when

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Speaker 5: we spoke on the phone over the weekend. This is

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Speaker 5: one of the critical parts of this story.

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Speaker 1: Yeah, well, California is actually because of its policies of

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Speaker 1: shutting down refineries, it's cut its own domestic oil production

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Speaker 1: by two thirds since over the last two and a

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Speaker 1: half decades. It imports about seventy percent of its oil

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Speaker 1: from other countries, and a lot of that oil comes

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Speaker 1: from the Middle East that gets refined in Asia and

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Speaker 1: turns into gasoline into California. So California is the part

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Speaker 1: of the country that is most vulnerable directly physically to

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Speaker 1: the disruption that is now swept part of the world,

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Speaker 1: particularly in Asia.

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Speaker 4: Unbelievable.

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Speaker 5: You know, Mike Worth had some important things to say

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Speaker 5: to you, Dan and I want to continue this conversation.

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Speaker 5: We so appreciate you joining me this morning. SMP Global

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Speaker 5: Vice Trman Daniel Jurgen. We will continue the conversation tomorrow

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Speaker 5: morning on the markets the economy.

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Speaker 1: When you join me in part.

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Speaker 3: That's good and there it is.

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Speaker 2: You got it.

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Speaker 3: California. California would be.

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Speaker 2: Described as the crown jewel of progressive climate policy. It's

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Speaker 2: like the Giant, It's like the Vatican of the Church

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Speaker 2: of the climate activists. That state has been lecturing the

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Speaker 2: rest of US about fossil fuels for thirty years now,

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Speaker 2: and they have shut down refineries. They've cut back domestic

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Speaker 2: oil production by two thirds over the last twenty five

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Speaker 2: years or so, and now they have to import seventy

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Speaker 2: percent of their oil from other countries, and most of

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Speaker 2: that gets refined in Asia from Middle Eastern crude because

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Speaker 2: they don't have a refining capacity in California to do it.

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Speaker 2: And do I even dare mention all of the defense

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Speaker 2: industries and defense facilities that we have along the West coast,

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Speaker 2: When do we make this concrete? As of mid twenty

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Speaker 2: twenty five, I know today's even worse. I'm just gonna

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Speaker 2: go to mid twenty twenty five, the average price of

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Speaker 2: a gallon of gas in California was hovering around four

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Speaker 2: dollars and eighty five cents. That was compared to a

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Speaker 2: national average of three dollars twenty six a gallon, But

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Speaker 2: California's taxes and the regulatory burden costs alone adds more

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Speaker 2: than a dollar and thirty cents per gallon above the

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Speaker 2: national baseline. Californians paid an extra ninety cents per gallon

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Speaker 2: in taxes and in another fifty four cents per gallon

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Speaker 2: in environmental compliance costs. A USC professor has projected that

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Speaker 2: without any parts he changes, cal Filifornia's fuel prices could

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Speaker 2: spike as high as eight dollars per gallon within the

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Speaker 2: coming year, and that will be driven by refinery closures

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Speaker 2: capacity reductions caused by the very regulations designed to protect

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Speaker 2: the environment. After I finished Saturday's program, because I know

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Speaker 2: my producer in Sherman Oaks, just north of Los Angeles,

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Speaker 2: that there is an excellent station right near the Premiere

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Speaker 2: Radio Network studios, I said, Michael, be sure to take

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Speaker 2: a picture. Give me the current price eight eighty six

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Speaker 2: a gallon. So the prediction that it would spike as

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Speaker 2: high as eight dollars a gallon after those mid twenty

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Speaker 2: twenty five numbers I gave you, Yeah, it's true. Meanwhile,

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Speaker 2: Texas Texas drivers are paying about two seventy six a gallon.

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Speaker 3: It's the regular toy choices that.

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Speaker 2: California made, shutting refineries, killing domestic production, mandating boutique fuel blends,

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Speaker 2: piling on cap and trade costs. That's left the most

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Speaker 2: populous state in this country uniquely exposed to a Middle

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Speaker 2: Eastern crisis in frank Frankly, it could have insulated itself

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Speaker 2: from that crisis. So there's Gavin Newsom flying around the

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Speaker 2: world to climate conferences telling everybody that California is leading

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Speaker 2: the way, leading the way to what, leading the way

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Speaker 2: to what exactly to that eighty six a gallon gas

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Speaker 2: to rationing, to be actually becoming more dependent on raining

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Speaker 2: and adjacent oil than you were even thirty years ago.

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Speaker 3: Now, let's remember something.

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Speaker 2: Daniel Jergan has no political acts to grind, and he

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Speaker 2: just told you on national television. The California is the

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Speaker 2: part of the country most vulnerable directly physically to this

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Speaker 2: disruption going on. Not West Texas, not Oklahoma, not California,

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Speaker 2: the green energy promised land of the Church of the

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Speaker 2: climate activists. Now that's the verdict of the marketplace, and

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Speaker 2: that's the verdict of geopolitics. And that is exactly why

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Speaker 2: Donald Trump has been relentless in his focus on energy dominance. Oh,

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Speaker 2: you can claim that it's a political slogan, but I

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Speaker 2: would argue that as a matter of national security, economic survival,

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Speaker 2: strategic leverage, it's probably exactly the right thing that we need.

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Speaker 3: And do we have the.

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Speaker 2: Ability the resilience the patients to go through it, or

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Speaker 2: are we going to be so short sighted, so blinded

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Speaker 2: by our own pocket books? And I don't listen. I'm

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Speaker 2: not It's not any easier on me. It is easier

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Speaker 2: on you. But somebody, after support for decades, finally stepped

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Speaker 2: up to the plate and said, yeah, I'm not gonna

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Speaker 2: do this anymore. The Uranians thought they had the entire world,

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Speaker 2: including their own allies, Communists, China and Russia. They thought

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Speaker 2: they had all of us in a chokehold. So Trump

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Speaker 2: called her bluff. And now, for the first time in

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Speaker 2: forty six years, we had energy independence to back it up.

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Speaker 3: And so that was the time and is the time

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Speaker 3: to make the move.

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Speaker 2: I just want you to know that every stat that

438
00:27:53,000 --> 00:27:57,320
Speaker 2: I cited was sourced from the Triple A, the EIA,

439
00:27:58,160 --> 00:28:04,160
Speaker 2: the University of Southern California MISHI study, the eight dollar

440
00:28:04,240 --> 00:28:11,439
Speaker 2: gallon projection that was originally a high scenario, pessimistic forecast,

441
00:28:12,480 --> 00:28:15,760
Speaker 2: but now I've got a real world photograph of that.

442
00:28:17,080 --> 00:28:22,520
Speaker 2: It's worth noting that if the current trends continue, that's

443
00:28:22,600 --> 00:28:26,199
Speaker 2: where we're headed. And the helium semiconductor connection in the

444
00:28:26,200 --> 00:28:31,080
Speaker 2: petrochemicals percentage comes directly from Jurgen's own statement and his

445
00:28:31,080 --> 00:28:33,360
Speaker 2: own information provided at the conference.

446
00:28:34,440 --> 00:28:36,800
Speaker 3: Do with this what you will, Michael.

447
00:28:37,640 --> 00:28:41,880
Speaker 8: If a man can transition into being an imaginary woman,

448
00:28:42,200 --> 00:28:45,280
Speaker 8: then I believe that we can transition from a fossil

449
00:28:45,320 --> 00:28:52,160
Speaker 8: fuel based energy economy into being an imaginary energy economy.

450
00:28:52,640 --> 00:28:54,880
Speaker 8: And my pronouns are sheet and.

451
00:28:55,080 --> 00:29:06,640
Speaker 2: It very good, very very FCZ compliant. Speaking of transitioning,

452
00:29:08,320 --> 00:29:10,800
Speaker 2: I'm not quite sure. I can't figure out the Know

453
00:29:10,960 --> 00:29:17,080
Speaker 2: Kings protests. They very well funded, very well organized. They

454
00:29:17,800 --> 00:29:22,640
Speaker 2: were marching all through New York with the hammer and

455
00:29:22,680 --> 00:29:27,360
Speaker 2: snickle flag the Communist Party of the Old Soviet Union.

456
00:29:27,360 --> 00:29:29,480
Speaker 2: They're marching around with that with me?

457
00:29:29,520 --> 00:29:29,680
Speaker 3: Now?

458
00:29:29,760 --> 00:29:33,400
Speaker 9: Is Wall Street Channel editorial board member Alicia Finley all right?

459
00:29:33,520 --> 00:29:34,440
Speaker 3: Open ended question.

460
00:29:34,720 --> 00:29:38,320
Speaker 9: Have the socialist seized control of the No Kings rallies?

461
00:29:38,720 --> 00:29:40,080
Speaker 3: Well, I think that's what it looks like.

462
00:29:40,680 --> 00:29:43,720
Speaker 6: I think the question the bigger question is where is

463
00:29:43,760 --> 00:29:46,400
Speaker 6: all this money coming from to fund these protests. And

464
00:29:46,480 --> 00:29:49,120
Speaker 6: it's not just these No Kings protests. It was also

465
00:29:49,160 --> 00:29:54,000
Speaker 6: the anti ice riots last summer, the anti Israel rights

466
00:29:54,000 --> 00:29:57,160
Speaker 6: on college campuses, and we have some evidence that's the

467
00:29:57,200 --> 00:29:59,760
Speaker 6: same groups that are funding all these and there may

468
00:29:59,800 --> 00:30:04,560
Speaker 6: be some connection to overseas, and we do know that

469
00:30:04,600 --> 00:30:08,160
Speaker 6: obviously the Chinese Communist Party has an incentive and are

470
00:30:08,200 --> 00:30:11,160
Speaker 6: trying to sew division in the US and trying to

471
00:30:11,320 --> 00:30:14,240
Speaker 6: produce the propagandas and suggest that you know, there's this

472
00:30:15,120 --> 00:30:19,440
Speaker 6: opposition movement, this grassroots opposition movement to Donald Trump, is

473
00:30:20,200 --> 00:30:22,000
Speaker 6: much bigger than it actually is.

474
00:30:22,320 --> 00:30:25,320
Speaker 9: Well, is it legitimate, if it's correct, if it's proven

475
00:30:25,760 --> 00:30:29,760
Speaker 9: that millions of dollars are flowing into America to organize

476
00:30:29,840 --> 00:30:33,440
Speaker 9: these protests and disrupt our society, is that legal?

477
00:30:33,680 --> 00:30:35,280
Speaker 3: Is there anything we can do about it? Well?

478
00:30:35,280 --> 00:30:37,680
Speaker 6: I think the question is is their money laundering going on?

479
00:30:38,160 --> 00:30:41,120
Speaker 6: And that is clearly illegal, and I think that THEVII

480
00:30:41,280 --> 00:30:42,880
Speaker 6: I do not notice for a pack, but I would

481
00:30:42,920 --> 00:30:45,720
Speaker 6: hope that they are now investigating whether there's money laundering

482
00:30:45,760 --> 00:30:49,000
Speaker 6: going on, whether it be with cryptocurtcy or by other means,

483
00:30:49,760 --> 00:30:52,920
Speaker 6: but that would be criminal. Whether you would actually deal

484
00:30:53,000 --> 00:30:58,200
Speaker 6: to indict someone who extradite them from China, that's another question.

485
00:30:58,880 --> 00:31:01,120
Speaker 9: They seem to get a lot of people involved though,

486
00:31:01,280 --> 00:31:03,680
Speaker 9: I mean the organizing, their climates. Eight million people turned

487
00:31:03,680 --> 00:31:06,880
Speaker 9: out for these these rallies over the weekend that's a

488
00:31:06,880 --> 00:31:07,840
Speaker 9: lot of people.

489
00:31:08,120 --> 00:31:10,000
Speaker 6: Right, and I think a lot of them would be

490
00:31:10,080 --> 00:31:14,160
Speaker 6: ordinary people, useful idiots. So they do not know what

491
00:31:14,200 --> 00:31:17,240
Speaker 6: they're actually going out there protesting, that they're getting used

492
00:31:17,280 --> 00:31:20,400
Speaker 6: as tools here. A lot of this is being advertised

493
00:31:20,520 --> 00:31:24,200
Speaker 6: on your social media Instagram, TikTok, and they think they're

494
00:31:24,240 --> 00:31:26,200
Speaker 6: just going out there protesting Donald Trump.

495
00:31:26,200 --> 00:31:28,960
Speaker 3: They don't realize who's actually, you know, controlling the purse

496
00:31:29,000 --> 00:31:29,560
Speaker 3: screens on this.

497
00:31:30,160 --> 00:31:32,680
Speaker 2: They don't actually know what I actually don't know what

498
00:31:32,720 --> 00:31:35,840
Speaker 2: to know Kings Protest is about. But as somebody say

499
00:31:35,880 --> 00:31:37,720
Speaker 2: on the text line, they've been very successful because they

500
00:31:37,760 --> 00:31:42,120
Speaker 2: don't have any games, no Kings in Denver. So let's

501
00:31:42,120 --> 00:31:45,239
Speaker 2: talk about what actually happened Saturday. So you had two

502
00:31:45,280 --> 00:31:48,800
Speaker 2: hundred plus organizations, tens of millions of dollars in documented funding,

503
00:31:50,000 --> 00:31:53,760
Speaker 2: pre pinted signs, packed into cars, shipped before you knew

504
00:31:53,880 --> 00:31:57,080
Speaker 2: what you were supposed to be angry about. That's not

505
00:31:57,400 --> 00:32:03,520
Speaker 2: a spontanious uprising. That's a very well tuned logistical operation.

506
00:32:04,560 --> 00:32:08,520
Speaker 2: And this weekend it came to Denver. You saw the

507
00:32:08,560 --> 00:32:10,960
Speaker 2: crowd at the Capitol steps, you saw the slogans, you

508
00:32:11,000 --> 00:32:15,000
Speaker 2: felt the energy organizers told you thirty thousand people showed up,

509
00:32:15,560 --> 00:32:17,960
Speaker 2: and for most of the morning it looked exactly like

510
00:32:18,600 --> 00:32:24,200
Speaker 2: what they wanted to look like, Americans just exercising their rights.

511
00:32:25,200 --> 00:32:27,640
Speaker 2: But then let's look at what happened that when Anthon

512
00:32:27,720 --> 00:32:31,840
Speaker 2: wall Z, a group of protesters walked the road, the

513
00:32:31,880 --> 00:32:34,040
Speaker 2: POPO issued multiple dispersal orders.

514
00:32:34,240 --> 00:32:35,000
Speaker 3: They got ignored.

515
00:32:35,520 --> 00:32:38,560
Speaker 2: The Denver police declared an unlawful assembly, and so they

516
00:32:38,600 --> 00:32:41,440
Speaker 2: deployed smoke canisters. Somebody in that crowd picked up a

517
00:32:41,480 --> 00:32:44,240
Speaker 2: smoke canister and threw it back at the cops. Pepper

518
00:32:44,320 --> 00:32:47,440
Speaker 2: balls then followed that. Nine people got arrested, including one

519
00:32:47,520 --> 00:32:50,560
Speaker 2: on charges of throwing objects at the cops and others

520
00:32:50,600 --> 00:32:53,520
Speaker 2: facing charges of oh, just second degree assault, destruction of

521
00:32:53,560 --> 00:32:56,960
Speaker 2: public property, and carrying an unlawful weapon. Oh, somebody was

522
00:32:56,960 --> 00:32:59,000
Speaker 2: carrying an unlawful weapon and downtown Denver.

523
00:32:59,080 --> 00:32:59,920
Speaker 3: I am shocked.

524
00:33:01,120 --> 00:33:03,800
Speaker 2: Wait a minute, I thought we had a shooting on

525
00:33:04,000 --> 00:33:07,720
Speaker 2: seventeenth Street over the weekend. Yes, second degree assault on

526
00:33:07,800 --> 00:33:11,840
Speaker 2: a cop at a rally about at a rally about tyranny.

527
00:33:12,480 --> 00:33:13,680
Speaker 3: And of course we weren't alone.

528
00:33:13,880 --> 00:33:17,640
Speaker 2: Los Angeles DHS agents had cement blocks thrown with them

529
00:33:17,640 --> 00:33:21,040
Speaker 2: outside of Federal Detention Center two cops required medical care.

530
00:33:21,040 --> 00:33:24,200
Speaker 2: At least two protesters have now been charged with felony

531
00:33:24,240 --> 00:33:28,080
Speaker 2: assault on federal law enforcement in Portland. Of course, of course, Portland,

532
00:33:28,120 --> 00:33:32,040
Speaker 2: you've got mass agitators attacking federal agents outside in ICE facility,

533
00:33:32,280 --> 00:33:37,520
Speaker 2: were they spray painted with the word Nazis. So people

534
00:33:37,640 --> 00:33:41,520
Speaker 2: back the people backed by the Marxist and the socialists

535
00:33:41,560 --> 00:33:46,200
Speaker 2: and the communists are spray painting I guess their name

536
00:33:46,600 --> 00:33:50,120
Speaker 2: on the side of Ice Nazis. But I want to

537
00:33:50,160 --> 00:33:55,040
Speaker 2: talk about who organized all of this? Yeah, who organized

538
00:33:55,080 --> 00:33:55,440
Speaker 2: all of this