1 00:00:00,240 --> 00:00:04,680 Speaker 1: From UFOs to psychic powers and government conspiracies. History is 2 00:00:04,760 --> 00:00:09,080 Speaker 1: riddled with unexplained events. You can turn back now or 3 00:00:09,200 --> 00:00:12,079 Speaker 1: learn the stuff they don't want you to know. A 4 00:00:12,200 --> 00:00:25,320 Speaker 1: production of I Heart Radio, Welcome back to the show. 5 00:00:25,520 --> 00:00:27,920 Speaker 1: My name is Matt, my name is Nol. They call 6 00:00:28,000 --> 00:00:30,440 Speaker 1: me Ben. We are joined as always with our super 7 00:00:30,520 --> 00:00:35,080 Speaker 1: producer Paul Mission controlled deconds. Most importantly, you are you. 8 00:00:35,080 --> 00:00:38,520 Speaker 1: You are here, and that makes this stuff they don't 9 00:00:38,640 --> 00:00:42,320 Speaker 1: want you to know. We hope that this episode finds 10 00:00:42,360 --> 00:00:46,880 Speaker 1: you well and relatively sane despite all the plot twist 11 00:00:47,000 --> 00:00:52,280 Speaker 1: of what is still somehow twenty. Today's episode is inspired 12 00:00:52,320 --> 00:00:56,320 Speaker 1: by one of our fellow conspiracy realist and fellow radio man. 13 00:00:56,600 --> 00:01:00,480 Speaker 1: Come to find Mike out there in Vancouver. Mike, you 14 00:01:00,600 --> 00:01:03,840 Speaker 1: called us to say this, Hi, guys, I'd like to 15 00:01:03,920 --> 00:01:07,240 Speaker 1: show a lot. I challenge you to do a show 16 00:01:07,360 --> 00:01:12,039 Speaker 1: on the full true cost of gas. For background, UM, 17 00:01:12,080 --> 00:01:15,400 Speaker 1: there was a time when all our tanks and jeeps 18 00:01:15,440 --> 00:01:20,800 Speaker 1: were painted green. We were defending Europe and maintaining that ability. 19 00:01:20,920 --> 00:01:24,920 Speaker 1: Then one day all our tanks and everything started being 20 00:01:24,959 --> 00:01:31,960 Speaker 1: painted sand tan color, indication that the military industrial complex 21 00:01:32,120 --> 00:01:38,119 Speaker 1: was all about getting oil. I am somebody who specializes 22 00:01:38,200 --> 00:01:41,839 Speaker 1: and work in the field of energy efficiency and thinks 23 00:01:41,920 --> 00:01:47,199 Speaker 1: it's ridiculous that we're still using oil for energy. Neil 24 00:01:47,240 --> 00:01:51,000 Speaker 1: Degrassi Tyson has a quote that said, if aliens landed, 25 00:01:51,520 --> 00:01:54,880 Speaker 1: uld be embarrassed to admit that we still use carbon 26 00:01:55,040 --> 00:02:00,000 Speaker 1: energy from the ground. The full true cost of gas 27 00:02:00,560 --> 00:02:05,120 Speaker 1: on our health care system, on our environment, on the 28 00:02:05,240 --> 00:02:11,560 Speaker 1: taxpayers checkbook is astronomical. I challenge you to find that 29 00:02:11,680 --> 00:02:15,280 Speaker 1: full true cost gas per for a gallon of gas. 30 00:02:15,280 --> 00:02:20,680 Speaker 1: It's around forty dollars easily. Um. Anyway, love your show, 31 00:02:20,840 --> 00:02:24,480 Speaker 1: Love to listen to you guys, banter Um, your great 32 00:02:24,760 --> 00:02:29,600 Speaker 1: covid Um companions. Take care and all the best to 33 00:02:29,680 --> 00:02:33,560 Speaker 1: all of you. Thank you. So this is a This 34 00:02:33,639 --> 00:02:38,320 Speaker 1: is a fantastic question, Mike. As any economists can tell us, 35 00:02:38,720 --> 00:02:41,840 Speaker 1: the price at your local pump can make a huge 36 00:02:41,919 --> 00:02:44,600 Speaker 1: difference in the day to day function of not just 37 00:02:44,960 --> 00:02:47,880 Speaker 1: your town, not just your neck of the global woods, 38 00:02:47,919 --> 00:02:51,400 Speaker 1: but the state of your nation, and on a macro scale, 39 00:02:51,440 --> 00:02:55,480 Speaker 1: the state of the world. Empires have collapsed, they have risen, 40 00:02:55,639 --> 00:02:58,800 Speaker 1: they have collapsed again, all to ensure that when you 41 00:02:58,960 --> 00:03:02,160 Speaker 1: roll up to your local speedway as the most common 42 00:03:02,160 --> 00:03:04,520 Speaker 1: gas station in the us. By the way, you'll be 43 00:03:04,639 --> 00:03:08,200 Speaker 1: able to top off that car. And petroleum, of course, 44 00:03:08,280 --> 00:03:10,799 Speaker 1: isn't just used for gas. It's used for a multitude 45 00:03:10,840 --> 00:03:15,760 Speaker 1: of other things. And electric cars are an increasingly viable alternative. 46 00:03:16,240 --> 00:03:19,919 Speaker 1: But the world still has had serious problems moving away 47 00:03:20,000 --> 00:03:23,960 Speaker 1: from fossil fuels. And that's not a coincidence. We have 48 00:03:24,080 --> 00:03:29,600 Speaker 1: massively powerful vested interest and globe trotting institutions dedicated to 49 00:03:29,639 --> 00:03:32,760 Speaker 1: the maintenance and growth of the oil industry. For one 50 00:03:32,800 --> 00:03:36,840 Speaker 1: reason or another. This industry employs millions of people, it 51 00:03:36,960 --> 00:03:40,560 Speaker 1: generates billions of dollars, and for decades people have been 52 00:03:40,640 --> 00:03:45,640 Speaker 1: raising concerns about that Texas t that black gold powering 53 00:03:45,680 --> 00:03:49,720 Speaker 1: the world. But today's question, to your point, Mike, how 54 00:03:49,840 --> 00:03:55,240 Speaker 1: much does gas actually cost? Here are the facts, so 55 00:03:55,400 --> 00:03:59,520 Speaker 1: as often the United States consumed more gasoline than any 56 00:03:59,560 --> 00:04:03,600 Speaker 1: other country in the world, uh and the average household 57 00:04:03,600 --> 00:04:06,920 Speaker 1: has been about two thousand dollars a year on gas. 58 00:04:07,560 --> 00:04:11,760 Speaker 1: Individual drivers used pre pandemic an average of five fifty 59 00:04:11,800 --> 00:04:15,680 Speaker 1: seven gallons of gas each year UM and today being 60 00:04:15,800 --> 00:04:19,600 Speaker 1: July ten, as we record this, the average cost of 61 00:04:19,760 --> 00:04:22,800 Speaker 1: a gallon of gas, which about three point eight leaders 62 00:04:23,440 --> 00:04:26,680 Speaker 1: for our metric system focus out there is two dollars 63 00:04:27,240 --> 00:04:30,760 Speaker 1: uh and eighteen cents two point one eight four dollars. 64 00:04:31,120 --> 00:04:34,000 Speaker 1: That's according to Triple A UM. It's certainly a lot 65 00:04:34,040 --> 00:04:36,320 Speaker 1: lower than it's been in recent years. I think when 66 00:04:36,400 --> 00:04:41,280 Speaker 1: we saw a decrease in driving um due to the pandemic. 67 00:04:41,520 --> 00:04:44,279 Speaker 1: I'm not sure exactly how that supply and demand system works, 68 00:04:44,279 --> 00:04:48,080 Speaker 1: but gas prices definitely went way down. UM. So remember 69 00:04:48,080 --> 00:04:50,720 Speaker 1: back in twenty eleven when gas was about four dollars 70 00:04:50,720 --> 00:04:53,359 Speaker 1: a gallon, And you know, you guys all know that 71 00:04:53,440 --> 00:04:56,920 Speaker 1: this definitely varies from state to state, especially out west, 72 00:04:57,360 --> 00:05:00,240 Speaker 1: where things tend to be a good bit higher. Yeah, 73 00:05:00,279 --> 00:05:03,760 Speaker 1: and there's so much variability in fact, just within the 74 00:05:03,880 --> 00:05:06,279 Speaker 1: United States, but there are a lot of other things 75 00:05:06,279 --> 00:05:08,600 Speaker 1: that affect that price. We're going to get into a 76 00:05:08,640 --> 00:05:11,880 Speaker 1: little bit later. Prices, you know, if you're out west, 77 00:05:11,920 --> 00:05:15,600 Speaker 1: tend to be about higher than that national average that 78 00:05:15,640 --> 00:05:19,080 Speaker 1: we're talking about here, And specifically if you're in California, 79 00:05:19,839 --> 00:05:22,719 Speaker 1: and anyone who has lived there at any point or 80 00:05:22,760 --> 00:05:25,400 Speaker 1: lives there now can tell you and assure you that 81 00:05:25,480 --> 00:05:29,080 Speaker 1: those prices can be a lot higher, maybe fifty percent 82 00:05:29,240 --> 00:05:32,960 Speaker 1: higher than that national average. But you know, and then Again, 83 00:05:33,040 --> 00:05:34,960 Speaker 1: if you're traveling around the country, let's say you're in 84 00:05:35,000 --> 00:05:38,000 Speaker 1: the Midwest or in the South, the prices actually tend 85 00:05:38,040 --> 00:05:41,359 Speaker 1: to be about five to ten percent lower than what 86 00:05:41,480 --> 00:05:44,320 Speaker 1: you'd find on the national average. Um. You know, I 87 00:05:44,320 --> 00:05:47,400 Speaker 1: think the three the four of us here at stuff 88 00:05:47,400 --> 00:05:49,800 Speaker 1: they want, you know, can attest to that part. Um. 89 00:05:50,000 --> 00:05:53,159 Speaker 1: If you go to the Northeast, though, prices are only 90 00:05:53,279 --> 00:05:55,240 Speaker 1: I mean, you're a little bit higher, maybe about five 91 00:05:55,240 --> 00:05:58,000 Speaker 1: percent higher than the national average. So you can really 92 00:05:58,040 --> 00:06:00,280 Speaker 1: tell that there's a lot of variants. But there's also 93 00:06:00,320 --> 00:06:02,680 Speaker 1: a lot of other stuff, like we said, that goes 94 00:06:02,800 --> 00:06:05,920 Speaker 1: into that price. It seems to kind of follow cost 95 00:06:05,960 --> 00:06:09,760 Speaker 1: of living type things. You know, our taxes, I mean, 96 00:06:09,960 --> 00:06:12,560 Speaker 1: taxes in California are higher in general, and cost of 97 00:06:12,600 --> 00:06:15,320 Speaker 1: living in California in general is a lot higher. UM. 98 00:06:15,360 --> 00:06:18,279 Speaker 1: I don't know, that's just observationally, it seems to follow 99 00:06:18,360 --> 00:06:21,479 Speaker 1: to follow those trends. But there absolutely are a lot 100 00:06:21,600 --> 00:06:25,200 Speaker 1: of other factors like economic unrest, global shortages, UH and 101 00:06:25,360 --> 00:06:28,719 Speaker 1: even seasonal variations that can really have an impact on 102 00:06:28,839 --> 00:06:30,599 Speaker 1: the price that you pay at the pump. And yes, 103 00:06:30,600 --> 00:06:33,960 Speaker 1: as you pointed out there, we're going to talk about later, UM, 104 00:06:34,040 --> 00:06:39,400 Speaker 1: offsetting the price by paying for gasoline in essentially roundabout 105 00:06:39,400 --> 00:06:42,200 Speaker 1: ways or other ways is a major factor in how 106 00:06:42,279 --> 00:06:44,160 Speaker 1: cheap gases in the US. And we're going to talk 107 00:06:44,200 --> 00:06:49,280 Speaker 1: about that and and let's let's uh, let's admit this 108 00:06:49,320 --> 00:06:51,440 Speaker 1: is going to be a bit US centric because we 109 00:06:51,480 --> 00:06:54,240 Speaker 1: have so much data there. But we also have to 110 00:06:54,400 --> 00:06:59,560 Speaker 1: acknowledge Europe. As you might imagine or have unfortunately experienced, 111 00:07:00,040 --> 00:07:02,880 Speaker 1: gasoline or petrol, whatever you wanna call it in Europe 112 00:07:03,080 --> 00:07:05,800 Speaker 1: tends to be higher than gas in the States or 113 00:07:05,839 --> 00:07:08,800 Speaker 1: in Canada. This is due to higher rates of taxation, 114 00:07:08,960 --> 00:07:12,600 Speaker 1: and it makes prices historically around three to four times 115 00:07:12,680 --> 00:07:16,480 Speaker 1: higher than in the US. But we can flip it 116 00:07:16,560 --> 00:07:20,320 Speaker 1: in other parts of the world. Consider many oil rich countries. 117 00:07:20,760 --> 00:07:24,760 Speaker 1: Some other countries have subsidized gas cost that makes it 118 00:07:24,880 --> 00:07:28,800 Speaker 1: cheaper for people to buy gas than uh than taxation. 119 00:07:28,840 --> 00:07:32,240 Speaker 1: You know, taxation makes it naturally more expensive. Places like 120 00:07:32,600 --> 00:07:34,920 Speaker 1: you know, you can already imagine some of these places 121 00:07:35,000 --> 00:07:39,680 Speaker 1: off the top of your head, Saudi Arabia, Iran, Egypt, Venezuela, 122 00:07:39,720 --> 00:07:43,400 Speaker 1: and so on. They've all subsidized gas at some point. 123 00:07:43,760 --> 00:07:46,760 Speaker 1: In the US and the US ecuadors on the list. 124 00:07:46,800 --> 00:07:49,480 Speaker 1: Bolivia is on the list, but these are these have 125 00:07:49,560 --> 00:07:54,560 Speaker 1: subsidized more well, it's tricky. They have done more direct 126 00:07:54,760 --> 00:07:58,920 Speaker 1: subsidization than the US. Perhaps this makes sense to the 127 00:07:59,040 --> 00:08:03,080 Speaker 1: leaders of these countries because subsidizing this cost makes it 128 00:08:03,160 --> 00:08:09,080 Speaker 1: easier cough cough, cheaper cough cough to transport people and goods. 129 00:08:09,120 --> 00:08:11,120 Speaker 1: But it also means that people are going to be 130 00:08:11,200 --> 00:08:14,960 Speaker 1: less efficient with gas, and it can spell huge problems 131 00:08:15,000 --> 00:08:18,360 Speaker 1: down the line, both in terms of the climate obviously, 132 00:08:18,880 --> 00:08:21,840 Speaker 1: but also in terms of the economy. We have to remember, 133 00:08:21,880 --> 00:08:25,280 Speaker 1: a country too dependent on a single resource is never 134 00:08:25,400 --> 00:08:29,720 Speaker 1: truly safe. And then, of course we did US and Canada, 135 00:08:29,760 --> 00:08:32,640 Speaker 1: we did Europe, did oil rich countries. We have to 136 00:08:32,679 --> 00:08:36,600 Speaker 1: think about the rest of the world because saying the 137 00:08:36,679 --> 00:08:40,600 Speaker 1: cost of gas at the pump is it feels safe 138 00:08:40,600 --> 00:08:44,040 Speaker 1: and it feels correct, but it's inaccurate. It's correct been 139 00:08:44,280 --> 00:08:47,520 Speaker 1: the price at the pump metric that we're talking about 140 00:08:47,520 --> 00:08:51,040 Speaker 1: here doesn't factor in all kinds of things like let's 141 00:08:51,040 --> 00:08:55,600 Speaker 1: say a person's income or a famili's households income. So 142 00:08:55,679 --> 00:08:57,640 Speaker 1: let's let's make up an example here with some made 143 00:08:57,720 --> 00:09:00,880 Speaker 1: up numbers. Let's say gas costs in some made up 144 00:09:00,920 --> 00:09:05,080 Speaker 1: country ten dollars per gallon sounds sounds intense. But let's 145 00:09:05,080 --> 00:09:09,360 Speaker 1: say ten dollars per gallon for gasoline. Let's say everybody 146 00:09:09,360 --> 00:09:13,560 Speaker 1: in this country makes an exact wage of four hundred 147 00:09:13,640 --> 00:09:17,840 Speaker 1: thousand dollars a year. Right, Okay, that's seems like a 148 00:09:17,880 --> 00:09:20,839 Speaker 1: lot of money to me at least um. But if 149 00:09:20,880 --> 00:09:23,160 Speaker 1: you're you know, if you make that much money and 150 00:09:23,240 --> 00:09:26,080 Speaker 1: you have to pay ten dollars per gallon, that's not 151 00:09:26,200 --> 00:09:27,720 Speaker 1: that big of a deal. It's not going to break 152 00:09:27,760 --> 00:09:30,440 Speaker 1: your bank. You're you're not gonna be worried about going 153 00:09:30,440 --> 00:09:32,600 Speaker 1: into debt because you have to buy ten dollar gas. 154 00:09:32,920 --> 00:09:35,880 Speaker 1: It's all relative, and we really do have to consider 155 00:09:35,920 --> 00:09:40,080 Speaker 1: this relationship between how much uh for in this case 156 00:09:40,120 --> 00:09:42,680 Speaker 1: we would say a household makes right because there's gonna 157 00:09:42,679 --> 00:09:46,640 Speaker 1: be shared income, shared expenses. We really have to consider 158 00:09:46,679 --> 00:09:49,959 Speaker 1: that relationship between all the money that a household takes 159 00:09:50,000 --> 00:09:53,160 Speaker 1: in and how much they have to expend on gasoline. 160 00:09:53,640 --> 00:09:57,120 Speaker 1: So it may be more helpful, I guess, in this instance, 161 00:09:57,160 --> 00:10:03,400 Speaker 1: to really think about gasoline in terms of local affordability. Yeah. Yeah, 162 00:10:03,440 --> 00:10:06,840 Speaker 1: So there's a there's a really interesting Bloomberg report from 163 00:10:06,880 --> 00:10:10,640 Speaker 1: twenty sixteen that looks at not the average price of 164 00:10:10,679 --> 00:10:12,800 Speaker 1: gas at the pump around the world, but the most 165 00:10:12,840 --> 00:10:15,719 Speaker 1: affordable gas in the world. And they arrive at this 166 00:10:15,920 --> 00:10:19,760 Speaker 1: calculation by comparing gas prices in different countries to the 167 00:10:19,880 --> 00:10:26,559 Speaker 1: average national paycheck. Right and went back in two before 168 00:10:26,559 --> 00:10:29,880 Speaker 1: a lot of things change, Venezuela had the world's most 169 00:10:29,920 --> 00:10:32,760 Speaker 1: affordable gas, which is interesting. A lot of people may have, 170 00:10:33,320 --> 00:10:35,960 Speaker 1: you know, somewhat plausibly assumed it would be a Middle 171 00:10:36,000 --> 00:10:39,800 Speaker 1: Eastern country, But in sixteen, gas in Venezuela was the 172 00:10:39,880 --> 00:10:43,960 Speaker 1: equivalent of two cents a gallon two cents US, and 173 00:10:44,160 --> 00:10:47,280 Speaker 1: this was in a country where the average daily wage 174 00:10:47,520 --> 00:10:50,560 Speaker 1: how they defined paycheck there was about sixteen dollars and 175 00:10:50,640 --> 00:10:55,320 Speaker 1: fourteen cents. Obviously this changed as the past few years 176 00:10:55,320 --> 00:10:59,199 Speaker 1: have been, to put it diplomatically, incredibly tough on the country. 177 00:10:59,640 --> 00:11:02,480 Speaker 1: But just with that we can already see how the 178 00:11:02,559 --> 00:11:05,320 Speaker 1: price at any given pump does not tell you the 179 00:11:05,440 --> 00:11:09,160 Speaker 1: full story about the cost. So what determines the price 180 00:11:09,320 --> 00:11:13,679 Speaker 1: it is spoiler alert, it's definitely not that person working 181 00:11:13,720 --> 00:11:17,240 Speaker 1: behind the counter at your local sitco. Please give them 182 00:11:17,280 --> 00:11:20,560 Speaker 1: a break. Gas stations make most of their money off 183 00:11:20,600 --> 00:11:23,880 Speaker 1: of the snacks and other things that they sell you 184 00:11:24,080 --> 00:11:25,880 Speaker 1: the gas is just to get you in the door. 185 00:11:26,200 --> 00:11:28,640 Speaker 1: Have you guys ever seen that show Nathan for you? 186 00:11:29,559 --> 00:11:32,600 Speaker 1: Oh yeah, there's a really great episode where he you know, 187 00:11:32,679 --> 00:11:34,679 Speaker 1: the whole the whole conceit is that he's trying to 188 00:11:35,040 --> 00:11:38,679 Speaker 1: you know, improve the earnings of like small businesses or 189 00:11:38,720 --> 00:11:41,400 Speaker 1: whatever with these hair brained schemes, and one of them 190 00:11:41,480 --> 00:11:44,360 Speaker 1: is that he had He goes to a gas station 191 00:11:44,760 --> 00:11:48,000 Speaker 1: and um gets them to like offer an absurdly low 192 00:11:48,280 --> 00:11:50,960 Speaker 1: gas price in California, as weep will flock to it. 193 00:11:51,320 --> 00:11:54,320 Speaker 1: But you only get that price with a rebate, so 194 00:11:54,360 --> 00:11:56,080 Speaker 1: you have to pay the full price. But to get 195 00:11:56,080 --> 00:11:59,199 Speaker 1: the rebate, you have to like do this like quest 196 00:11:59,600 --> 00:12:02,000 Speaker 1: up to the top of this mountain to find to 197 00:12:02,160 --> 00:12:05,120 Speaker 1: find like this box where you put in the rebate. 198 00:12:05,400 --> 00:12:07,800 Speaker 1: And it ends up being like, you know, people take 199 00:12:07,840 --> 00:12:09,880 Speaker 1: this shuttle to the foot of the mountain, and then 200 00:12:09,920 --> 00:12:12,360 Speaker 1: people gradually drop off, and then it ends with him 201 00:12:12,360 --> 00:12:14,040 Speaker 1: and like three of the people that stick around kind 202 00:12:14,040 --> 00:12:16,280 Speaker 1: of becoming the best of friends, only for him to 203 00:12:16,280 --> 00:12:19,040 Speaker 1: come clean and say there is no rebate. But uh, yeah, 204 00:12:19,040 --> 00:12:20,600 Speaker 1: that's to your point. But I mean, you know, it's 205 00:12:20,679 --> 00:12:23,640 Speaker 1: like it's it's it's all set I actually worked at 206 00:12:23,640 --> 00:12:25,800 Speaker 1: a gas station, and you know how we would change 207 00:12:25,840 --> 00:12:28,280 Speaker 1: our gas prices. We would look at the other gas 208 00:12:28,320 --> 00:12:31,480 Speaker 1: station across the street and just match it or make 209 00:12:31,520 --> 00:12:34,720 Speaker 1: it like a cent lower. It was, you know, very 210 00:12:34,840 --> 00:12:38,320 Speaker 1: very rudimentary. But no, it's definitely, you know, determined by 211 00:12:38,360 --> 00:12:41,559 Speaker 1: a whole lot of factors. Taxes, supply chain, supply and demand, 212 00:12:42,080 --> 00:12:46,080 Speaker 1: capacity or refineries and even the time of year, um, 213 00:12:46,120 --> 00:12:50,040 Speaker 1: all have huge impacts. Are former parent company, how Stuff 214 00:12:50,040 --> 00:12:54,920 Speaker 1: Works has a fantastic article explaining this whole calculation and 215 00:12:55,040 --> 00:12:57,800 Speaker 1: how gas prices work, um And here's a quote from that. 216 00:12:58,480 --> 00:13:01,600 Speaker 1: Price increases generally occur when the world crude oil market 217 00:13:01,679 --> 00:13:06,439 Speaker 1: tightens and lowers inventories. Also, growing demand can sometimes outpaced 218 00:13:06,520 --> 00:13:10,760 Speaker 1: refinery capacity. In the spring, refineries perform maintenance, which can 219 00:13:10,800 --> 00:13:13,880 Speaker 1: place a pinch on the gasoline market. By the end 220 00:13:13,920 --> 00:13:17,560 Speaker 1: of May, refineries are usually back to full capacity. Is 221 00:13:17,559 --> 00:13:19,800 Speaker 1: it kind of a similar calculus to like the way 222 00:13:19,800 --> 00:13:22,560 Speaker 1: the Fed kind of controls interest rates and stuff like, 223 00:13:22,640 --> 00:13:26,280 Speaker 1: when you know, they make a decision to to lower 224 00:13:26,840 --> 00:13:29,800 Speaker 1: the interest rate, you know, than than that changes a 225 00:13:29,840 --> 00:13:32,360 Speaker 1: lot of things within the system. I mean that that's 226 00:13:32,360 --> 00:13:34,160 Speaker 1: sort of a rough example, but it's sort of a 227 00:13:34,200 --> 00:13:39,640 Speaker 1: similar Yeah, well, they're definitely um, they're they're definitely interrelated 228 00:13:39,720 --> 00:13:43,400 Speaker 1: because when the Fed considers that, they are also considering 229 00:13:43,840 --> 00:13:48,679 Speaker 1: crude oil prices. But it's sort of like, uh, at 230 00:13:48,720 --> 00:13:53,240 Speaker 1: the risk of offending economists, predicting the actions and results 231 00:13:53,240 --> 00:13:57,560 Speaker 1: of systems this large Uh, it's very similar to try 232 00:13:57,600 --> 00:13:59,719 Speaker 1: and to figure out what the weather is going to 233 00:13:59,800 --> 00:14:03,120 Speaker 1: be like if you're a meteorologist back in the seventies, 234 00:14:03,280 --> 00:14:05,880 Speaker 1: you can make good guesses, you can have things you 235 00:14:05,920 --> 00:14:09,280 Speaker 1: want to happen, but there's so many intervening variables, and 236 00:14:09,320 --> 00:14:12,679 Speaker 1: that's why it's tough to ask ourselves what does gas 237 00:14:12,760 --> 00:14:17,760 Speaker 1: actually cost? And then necessarily the question follows what should 238 00:14:17,840 --> 00:14:22,920 Speaker 1: it cost? This quickly becomes an expensive, complicated question, and 239 00:14:23,320 --> 00:14:27,960 Speaker 1: in some cases this cost also becomes the stuff they 240 00:14:28,080 --> 00:14:32,520 Speaker 1: don't want you to know. But who are they will 241 00:14:32,600 --> 00:14:42,360 Speaker 1: dive into this after a word from our sponsor. Here's 242 00:14:42,400 --> 00:14:47,240 Speaker 1: where it gets crazy. So the true cost of gasoline 243 00:14:47,720 --> 00:14:53,000 Speaker 1: depends almost entirely on what we allow to factor into 244 00:14:53,040 --> 00:14:57,360 Speaker 1: the equation, and the way people approach or ignore those 245 00:14:57,400 --> 00:15:02,840 Speaker 1: factors can create a vast strange of conclusions. Anywhere from 246 00:15:02,960 --> 00:15:06,600 Speaker 1: fifteen dollars per gallon too, as you said, Mike, forty 247 00:15:06,960 --> 00:15:12,960 Speaker 1: dollars or distressingly more. And there are powerful forces that 248 00:15:13,280 --> 00:15:16,360 Speaker 1: in the past and maybe even the present don't want 249 00:15:16,400 --> 00:15:19,760 Speaker 1: you to know the full cost of gasoline. And we 250 00:15:19,760 --> 00:15:22,680 Speaker 1: we do have to point out here We've talked about 251 00:15:22,680 --> 00:15:25,640 Speaker 1: it on this show before. We've talked with people who 252 00:15:25,920 --> 00:15:30,520 Speaker 1: know about this kind of thing. In the past, we 253 00:15:30,600 --> 00:15:34,840 Speaker 1: have seen that large oil interests have worked together, whether 254 00:15:34,960 --> 00:15:38,840 Speaker 1: it's you know, uh in something like OPEC, where it's 255 00:15:38,880 --> 00:15:41,520 Speaker 1: a little more forward facing where you can you know, 256 00:15:41,960 --> 00:15:44,360 Speaker 1: you can kind of see it happening, or if it's 257 00:15:44,520 --> 00:15:48,320 Speaker 1: you know, behind closed doors, they've worked together to downplay 258 00:15:48,360 --> 00:15:51,120 Speaker 1: the full cost all the other things that factor into 259 00:15:51,120 --> 00:15:54,040 Speaker 1: that oil price. I mean, if you think about it, 260 00:15:54,200 --> 00:15:57,880 Speaker 1: there are lobbyists out there, attorneys out there who have 261 00:15:58,040 --> 00:16:02,280 Speaker 1: made millions of dollars taking action like this, and they're 262 00:16:02,320 --> 00:16:06,080 Speaker 1: also unethical scientists who have cherry picks data. We've seen 263 00:16:06,160 --> 00:16:10,040 Speaker 1: that before, we talked about it on a previous episode. 264 00:16:10,280 --> 00:16:14,160 Speaker 1: Politicians are out there on television and the radio, spinning 265 00:16:14,200 --> 00:16:18,240 Speaker 1: the language, spinning the facts like dervishes from that you 266 00:16:18,280 --> 00:16:22,080 Speaker 1: know that Madonna video you remember, which is it really 267 00:16:22,280 --> 00:16:27,360 Speaker 1: was great tornado actually wrote that song. Never mind, move on. Yes, 268 00:16:27,880 --> 00:16:36,000 Speaker 1: they are tornadoes of slight misinformation. Just think that's the 269 00:16:36,040 --> 00:16:41,360 Speaker 1: word looking for. So, so let's let's consider this, because 270 00:16:41,400 --> 00:16:43,560 Speaker 1: if we think about the true cost of cast lean, 271 00:16:43,960 --> 00:16:50,720 Speaker 1: we have to examine what economists sometimes call externalities. Externalities 272 00:16:51,040 --> 00:16:55,200 Speaker 1: is just a fancy it's a fancy word wearing a tie. 273 00:16:55,320 --> 00:16:59,400 Speaker 1: That means this associated costs that are born by society 274 00:16:59,440 --> 00:17:03,320 Speaker 1: at large, but are not directly included in the price 275 00:17:03,400 --> 00:17:07,320 Speaker 1: you pay at the pump. One of the first ones, obviously, 276 00:17:07,640 --> 00:17:12,560 Speaker 1: would be the environmental cost we let's let's take an 277 00:17:12,600 --> 00:17:17,480 Speaker 1: example from California, since we already mentioned some stuff about 278 00:17:17,520 --> 00:17:21,080 Speaker 1: California is higher than average prices. A single gallon of 279 00:17:21,119 --> 00:17:27,800 Speaker 1: gas in California produces about twenty five pounds of what 280 00:17:27,880 --> 00:17:31,439 Speaker 1: are called greenhouse gasses. Long time listeners, you've heard us 281 00:17:31,440 --> 00:17:35,240 Speaker 1: talk about this before. These aren't a conspiracy, uh, but 282 00:17:35,400 --> 00:17:39,240 Speaker 1: there have been conspiracies surrounding the degree of their effects 283 00:17:39,680 --> 00:17:43,920 Speaker 1: on the environment. Greenhouse gases are things like carbon dioxide, methane, 284 00:17:44,000 --> 00:17:48,720 Speaker 1: nitrous oxide, fluorinated gases. Uh, and also just to be 285 00:17:48,840 --> 00:17:53,119 Speaker 1: fair water vapor for a fun comparison, UH, think about 286 00:17:53,160 --> 00:17:57,880 Speaker 1: this twenty five pounds. It's about the same weight as 287 00:17:57,880 --> 00:18:00,640 Speaker 1: a small to medium dog, like a car her spaniel. 288 00:18:00,800 --> 00:18:03,560 Speaker 1: It's also it's always crazy to me to think about 289 00:18:03,680 --> 00:18:07,280 Speaker 1: these kinds of emissions measured in pounds. It's just like, 290 00:18:07,400 --> 00:18:10,000 Speaker 1: you know, because it's relatively If you think of like 291 00:18:10,040 --> 00:18:12,359 Speaker 1: the weight of a gas, you think it's like, okay, 292 00:18:12,400 --> 00:18:17,280 Speaker 1: that's basically weightless, but it's not. And it's massive amounts 293 00:18:17,280 --> 00:18:20,200 Speaker 1: of impact on on the environment and on the atmosphere. 294 00:18:20,359 --> 00:18:22,920 Speaker 1: When you think about that number, it's it's pretty mind boggling. 295 00:18:22,960 --> 00:18:26,560 Speaker 1: And don't forget that the average US driver buys about 296 00:18:26,600 --> 00:18:30,240 Speaker 1: five hundred and fifty seven gallons of gas per year. 297 00:18:30,320 --> 00:18:35,239 Speaker 1: Multiply that by two thirty eight million cars, um, you know, 298 00:18:35,520 --> 00:18:38,480 Speaker 1: and not to mention like the much less fuel efficient 299 00:18:38,560 --> 00:18:43,840 Speaker 1: and more polluting trucks and SUVs and hummers and man, 300 00:18:43,960 --> 00:18:47,080 Speaker 1: that's a lot of poundage of this stuff being pumped 301 00:18:47,080 --> 00:18:50,119 Speaker 1: out into into the atmosphere day in and day out. Uh, 302 00:18:50,240 --> 00:18:54,879 Speaker 1: an absolute crap ton of gas. Yeah. I just wanna 303 00:18:55,440 --> 00:19:00,800 Speaker 1: shout out Sarah Terry Cobo and the Center for Investigative 304 00:19:00,800 --> 00:19:04,320 Speaker 1: Reporting for making a video about this topic where we're 305 00:19:04,320 --> 00:19:06,720 Speaker 1: getting a lot of this information is really just a 306 00:19:06,760 --> 00:19:08,680 Speaker 1: great video you can check out right now. It's called 307 00:19:08,720 --> 00:19:11,280 Speaker 1: The Price of Gas. Check it out when you get 308 00:19:11,320 --> 00:19:13,960 Speaker 1: a chance. Yeah. So, with all of this driving, with 309 00:19:14,040 --> 00:19:18,000 Speaker 1: all this gas buying, a single driver on average within 310 00:19:18,040 --> 00:19:22,480 Speaker 1: the United States creates or generates, let's say, through that use, 311 00:19:22,560 --> 00:19:27,639 Speaker 1: about ten thousand pounds of greenhouse gas pollution each year. 312 00:19:28,359 --> 00:19:35,960 Speaker 1: And to continue these whimsical zoological comparisons, uh, ten thousand 313 00:19:35,960 --> 00:19:40,640 Speaker 1: pounds is about three thousand pounds less than an African 314 00:19:40,800 --> 00:19:44,440 Speaker 1: bush elephant, a male or bull African bush elephant. So 315 00:19:44,760 --> 00:19:48,800 Speaker 1: so think of it like, every every year, if you're 316 00:19:48,800 --> 00:19:51,639 Speaker 1: an average driver in the US, you're putting out a 317 00:19:51,680 --> 00:19:56,000 Speaker 1: small elephants wait worth of greenhouse gas pollution. Doesn't matter 318 00:19:56,040 --> 00:19:58,040 Speaker 1: where you drive, how you drive, what kind of vehicle 319 00:19:58,119 --> 00:20:01,439 Speaker 1: you drive, And it takes almost an higher acre of 320 00:20:01,680 --> 00:20:06,280 Speaker 1: forests to absorb that level of pollution. So uh, for 321 00:20:06,320 --> 00:20:09,800 Speaker 1: a cocktail Napkin estimate, let's say for Earth to handle 322 00:20:09,840 --> 00:20:14,200 Speaker 1: the annual gas related pollution from cars h plus those 323 00:20:14,240 --> 00:20:17,080 Speaker 1: trucks and SUVs. Let's keep in mind that that's just 324 00:20:17,160 --> 00:20:21,000 Speaker 1: the daily average um of of driving vehicles in the 325 00:20:21,080 --> 00:20:24,960 Speaker 1: United States. It could take a forest the size of 326 00:20:25,200 --> 00:20:29,880 Speaker 1: the entire state of California and Nevada and another smaller 327 00:20:29,920 --> 00:20:35,240 Speaker 1: state to absorb this level of pollution. So the question becomes, 328 00:20:35,280 --> 00:20:38,040 Speaker 1: if we're looking at this hypothetical gallon of gas situation 329 00:20:38,119 --> 00:20:42,400 Speaker 1: in California, how did we get here? Um? So why, 330 00:20:42,560 --> 00:20:44,119 Speaker 1: Like like all things that we try to do on 331 00:20:44,119 --> 00:20:46,520 Speaker 1: the show, let's take it back to the source. Uh, 332 00:20:46,600 --> 00:20:49,760 Speaker 1: the source of the oil itself, that crude um in 333 00:20:50,240 --> 00:20:54,200 Speaker 1: Saudi Arabia. According to the Center for Investigative Reporting, this 334 00:20:54,240 --> 00:20:56,639 Speaker 1: is how the process works. The crude oil which is 335 00:20:56,640 --> 00:20:58,479 Speaker 1: which is you know, like the name implies, this has 336 00:20:58,480 --> 00:21:02,639 Speaker 1: been unrefined raw material. Uh, you should not put this 337 00:21:02,680 --> 00:21:07,040 Speaker 1: stuff in your gas tank. Um. It's pumped into these gigantic, 338 00:21:07,640 --> 00:21:11,359 Speaker 1: massive oil tankers. Uh. The biggest one holds I believe, 339 00:21:11,520 --> 00:21:15,080 Speaker 1: up to two million barrels of oil. Uh. This process 340 00:21:15,119 --> 00:21:18,159 Speaker 1: releases about two pounds of greenhouse gas for every gallon 341 00:21:18,480 --> 00:21:21,800 Speaker 1: of what will ultimately become gasoline. That ship travels about 342 00:21:21,800 --> 00:21:28,520 Speaker 1: eleven thousand miles to California, the site of our hypothetical situation. Here. 343 00:21:28,800 --> 00:21:32,200 Speaker 1: When the crewd reaches a refinery in California, it's mixed 344 00:21:32,240 --> 00:21:35,760 Speaker 1: with oil from other parts of the world. Then it's heated, melted, 345 00:21:35,840 --> 00:21:39,840 Speaker 1: burned to make different types of fuel and other industrial products, 346 00:21:39,880 --> 00:21:45,399 Speaker 1: petroleum based products. So this process creates about three and 347 00:21:45,480 --> 00:21:49,760 Speaker 1: a half pounds of greenhouse gas for every gallon of 348 00:21:49,880 --> 00:21:55,040 Speaker 1: gas you get at the pump. Uh for comparison here, 349 00:21:55,760 --> 00:21:58,479 Speaker 1: Uh you know, I can't come up with an animal 350 00:21:58,560 --> 00:22:02,359 Speaker 1: off the top of my head, but uh, it's like 351 00:22:02,400 --> 00:22:06,000 Speaker 1: the weight of a maybe a two sliced toaster. So 352 00:22:06,040 --> 00:22:10,080 Speaker 1: you so you get a toaster for for every gallont 353 00:22:10,119 --> 00:22:13,200 Speaker 1: every one of those two million gallons. Now, now we're 354 00:22:14,160 --> 00:22:17,240 Speaker 1: now we're shipping that refined gas from the refinery to 355 00:22:17,280 --> 00:22:20,840 Speaker 1: the station, right, Because it doesn't directly go through a 356 00:22:20,880 --> 00:22:25,160 Speaker 1: pipe from a refinery to your local Uh, stuckies, I'm 357 00:22:25,160 --> 00:22:27,399 Speaker 1: just gonna see how many gas stations I can name 358 00:22:27,560 --> 00:22:32,920 Speaker 1: in this in this episode. Uh you Instead, it goes 359 00:22:32,960 --> 00:22:36,840 Speaker 1: through a tanker, right, It's transported by a truck. You 360 00:22:36,840 --> 00:22:39,359 Speaker 1: see them all the time. On average, these tankers are 361 00:22:39,359 --> 00:22:42,399 Speaker 1: going to travel about fifty miles in the US to 362 00:22:42,560 --> 00:22:46,480 Speaker 1: deliver the cargo. And when it's transferring the gas from 363 00:22:46,480 --> 00:22:49,600 Speaker 1: the tanker to the tank at the gas station, some 364 00:22:49,680 --> 00:22:52,840 Speaker 1: of that gas evaporates. It makes more greenhouse gas as 365 00:22:52,880 --> 00:22:56,640 Speaker 1: well as benzene, and benzene is one of those things 366 00:22:56,680 --> 00:22:59,000 Speaker 1: you smell when you pull up into a gas station 367 00:22:59,480 --> 00:23:02,200 Speaker 1: where you were move the gas cap, there's more evaporation. 368 00:23:02,359 --> 00:23:05,280 Speaker 1: When you pick up the pump, there's more evaporation. But 369 00:23:05,440 --> 00:23:09,720 Speaker 1: now finally you have the gas. You have a small 370 00:23:09,800 --> 00:23:13,679 Speaker 1: piece of that gas all the way from Saudi Arabia 371 00:23:13,880 --> 00:23:16,919 Speaker 1: and you start driving, maybe to another gas station, like 372 00:23:16,960 --> 00:23:19,600 Speaker 1: a quick trip or a circle k. Yeah, and then 373 00:23:19,640 --> 00:23:22,000 Speaker 1: you just you know, continue on down the line because 374 00:23:22,040 --> 00:23:25,879 Speaker 1: there's always more environmental cost to be paid with this 375 00:23:25,960 --> 00:23:28,600 Speaker 1: kind of thing. And it really does depend a lot 376 00:23:28,680 --> 00:23:31,960 Speaker 1: on what vehicle you've chosen to drive. You may be 377 00:23:32,840 --> 00:23:36,439 Speaker 1: essentially pre paying for some of the environmental costs in 378 00:23:36,480 --> 00:23:39,199 Speaker 1: the energy production for your electric car or if you 379 00:23:39,240 --> 00:23:43,359 Speaker 1: are in a you know, a gas powered vehicle. Um, 380 00:23:43,400 --> 00:23:45,600 Speaker 1: there's gonna be things like the weather that are going 381 00:23:45,640 --> 00:23:49,639 Speaker 1: to affect how you're driving, Things like your mood even 382 00:23:50,119 --> 00:23:52,320 Speaker 1: or the music you're listening to. I know that sounds strange, 383 00:23:52,359 --> 00:23:56,360 Speaker 1: but that might affect how much goes into this. Uh. 384 00:23:56,400 --> 00:23:58,880 Speaker 1: And also the type of gas, right, how how refined 385 00:23:58,960 --> 00:24:01,840 Speaker 1: is it? Is it regular or is it that premium 386 00:24:01,920 --> 00:24:06,480 Speaker 1: good stuff or what's what's the middling one called like, okay, 387 00:24:06,600 --> 00:24:12,720 Speaker 1: mid mid grade, I guess the mid stuff. Uh. On average, 388 00:24:12,720 --> 00:24:16,760 Speaker 1: when you're looking at this extra environmental cost, you're talking 389 00:24:16,800 --> 00:24:20,600 Speaker 1: about a little over nineteen maybe twenty pounds of greenhouse 390 00:24:20,640 --> 00:24:25,120 Speaker 1: gas pollution per gallon. And this part, the driving around section, 391 00:24:25,480 --> 00:24:29,600 Speaker 1: that's where you're actually letting off the most pollution, around 392 00:24:29,760 --> 00:24:34,520 Speaker 1: three three quarters of the total, which is crazy because 393 00:24:34,720 --> 00:24:39,480 Speaker 1: you know, often in the past, uh, different factors have 394 00:24:39,560 --> 00:24:41,880 Speaker 1: been blamed for the pollution. But we have to keep 395 00:24:41,920 --> 00:24:45,919 Speaker 1: in mind it's the daily driver who is burning the fuel, 396 00:24:46,160 --> 00:24:49,439 Speaker 1: right It's us. We are three fourths of that cocker 397 00:24:49,520 --> 00:24:52,320 Speaker 1: spaniel when we get behind the wheel, which out of 398 00:24:52,440 --> 00:24:55,119 Speaker 1: context is a very strange statement to say, but it 399 00:24:55,200 --> 00:24:59,119 Speaker 1: holds up. And so when we think about pollution, we 400 00:24:59,160 --> 00:25:03,320 Speaker 1: have to remember talking about a long term price. It's 401 00:25:03,320 --> 00:25:07,320 Speaker 1: it's almost like a layaway cost. It's something everyone on 402 00:25:07,400 --> 00:25:10,000 Speaker 1: earth has to pay for in some way over the 403 00:25:10,000 --> 00:25:13,119 Speaker 1: course of their time here, even if they never drive, 404 00:25:13,320 --> 00:25:17,600 Speaker 1: never touch a car. Uh. And you know later generations 405 00:25:17,760 --> 00:25:20,359 Speaker 1: descendants of this species will pay some part of that 406 00:25:20,480 --> 00:25:23,719 Speaker 1: price as well. It just might not feel as steep 407 00:25:23,920 --> 00:25:27,200 Speaker 1: right now because the bill doesn't come due immediately. And 408 00:25:27,280 --> 00:25:30,320 Speaker 1: it doesn't come due through a single avenue. Yeah, and 409 00:25:30,560 --> 00:25:33,919 Speaker 1: it's like, you know, unfortunately, there are coalitions that that 410 00:25:33,960 --> 00:25:37,320 Speaker 1: would would have us take these uh these hidden costs 411 00:25:37,359 --> 00:25:40,800 Speaker 1: into account and the idea of you know, creating some 412 00:25:40,880 --> 00:25:44,760 Speaker 1: kind of consensus globally about how much you know, we 413 00:25:44,800 --> 00:25:47,240 Speaker 1: want to put out there, how much greenhouse gases we 414 00:25:47,280 --> 00:25:49,119 Speaker 1: want to put out there. But a lot of that 415 00:25:49,160 --> 00:25:52,879 Speaker 1: stuff is not enforceable. A lot of that stuff is 416 00:25:52,920 --> 00:25:55,399 Speaker 1: just sort of like an on our system kind of situation. 417 00:25:55,920 --> 00:26:00,000 Speaker 1: And our country in particular right now, because of leading 418 00:26:00,119 --> 00:26:03,680 Speaker 1: ship is moving even further and further away from that. So, 419 00:26:04,080 --> 00:26:06,879 Speaker 1: you know, to to our caller's point about aliens coming 420 00:26:06,960 --> 00:26:10,280 Speaker 1: and being embarrassed that we're still deriving our energy from 421 00:26:10,320 --> 00:26:13,560 Speaker 1: this dinosaur juice that comes out of the ground. Um, 422 00:26:13,600 --> 00:26:15,640 Speaker 1: it's kind of true. And and it really does feel 423 00:26:15,640 --> 00:26:18,439 Speaker 1: like a lot of it is just stacked against us 424 00:26:18,480 --> 00:26:20,960 Speaker 1: because of those corporate interests and because I mean, this 425 00:26:21,040 --> 00:26:23,840 Speaker 1: is all kind of stating the obvious. But yeah, and 426 00:26:23,840 --> 00:26:26,280 Speaker 1: and and and and you know, Ben, to your point 427 00:26:26,359 --> 00:26:28,399 Speaker 1: and once you wrote here in the outline, this isn't 428 00:26:28,480 --> 00:26:31,800 Speaker 1: just tree hugger kind of flim flammery. This should not 429 00:26:31,840 --> 00:26:36,120 Speaker 1: be just dismissed. There's absolutely a a cost in terms 430 00:26:36,200 --> 00:26:40,040 Speaker 1: of human lives, in terms of cost of our environment 431 00:26:40,080 --> 00:26:43,919 Speaker 1: and the habitability of our planet. Yeah yeah, and I 432 00:26:43,920 --> 00:26:47,440 Speaker 1: think you make a good point about the problems of cooperation. 433 00:26:47,720 --> 00:26:50,880 Speaker 1: It also goes into the problems of inequality. Imagine you're 434 00:26:51,000 --> 00:26:55,639 Speaker 1: developing nation, right, and other developed nations like the US 435 00:26:55,760 --> 00:26:58,359 Speaker 1: or Western Europe are all of a sudden changing the 436 00:26:58,480 --> 00:27:01,240 Speaker 1: rules of the game. So now you are not allowed 437 00:27:01,640 --> 00:27:07,240 Speaker 1: the same industrial revolution that these other countries encountered earlier. 438 00:27:07,640 --> 00:27:11,400 Speaker 1: Of course, you're gonna be irritated at that. That that's 439 00:27:11,440 --> 00:27:14,640 Speaker 1: that's halfway through the basketball game or the football game, 440 00:27:14,960 --> 00:27:18,359 Speaker 1: someone moves the goal post. It feels a lot like 441 00:27:18,440 --> 00:27:21,679 Speaker 1: stack in the odds against you. This works on a 442 00:27:21,720 --> 00:27:26,240 Speaker 1: micro economic scale too. It is deceptively easy for someone 443 00:27:26,320 --> 00:27:30,480 Speaker 1: in a higher socioeconomic status, someone who can individually bear 444 00:27:30,520 --> 00:27:34,040 Speaker 1: the increased costs of a fossil fuel free lifestyle, to 445 00:27:34,119 --> 00:27:35,840 Speaker 1: kind of look down their nose at the rest of 446 00:27:35,880 --> 00:27:38,640 Speaker 1: the world, a world I should mention in which, by 447 00:27:38,680 --> 00:27:41,840 Speaker 1: the way, the average household makes less than the equivalent 448 00:27:42,000 --> 00:27:46,520 Speaker 1: of ten thousand dollars US a year. Uh, and look 449 00:27:46,600 --> 00:27:49,720 Speaker 1: down their nose. That's people are less fortunate and say, well, 450 00:27:49,760 --> 00:27:53,440 Speaker 1: just do better first, that's a dick move, and worse 451 00:27:53,520 --> 00:27:56,879 Speaker 1: than being a dick move, it's incorrect. There has to 452 00:27:56,920 --> 00:27:59,440 Speaker 1: be some kind of transition, some kind of plan. A 453 00:27:59,600 --> 00:28:04,720 Speaker 1: world that found itself suddenly without oil would almost immediately collapse. 454 00:28:05,160 --> 00:28:08,880 Speaker 1: And even if you feel pretty secure right now, that 455 00:28:08,960 --> 00:28:12,440 Speaker 1: collapse is going to rock your too. No one would 456 00:28:12,440 --> 00:28:17,760 Speaker 1: be immune. And honestly, the militaries of the world know this. 457 00:28:18,320 --> 00:28:21,320 Speaker 1: That is why, in a very real way, the modern 458 00:28:21,440 --> 00:28:25,200 Speaker 1: history of oil is also the modern history of war. 459 00:28:25,560 --> 00:28:27,800 Speaker 1: What are we talking about. We'll tell you after a 460 00:28:27,800 --> 00:28:38,120 Speaker 1: word from our sponsor, and we're back. So you know, 461 00:28:38,280 --> 00:28:41,240 Speaker 1: you've you've probably listened to this show once or twice. 462 00:28:41,280 --> 00:28:45,640 Speaker 1: Maybe this is your first time. Congratulations, But uh, if 463 00:28:45,640 --> 00:28:48,560 Speaker 1: you've been around for a while, you're probably familiar with 464 00:28:48,600 --> 00:28:55,600 Speaker 1: the concept that world militaries, government's large corporations. Uh. There's 465 00:28:55,800 --> 00:28:59,920 Speaker 1: a lot of truth to the stereotype, specifically that government 466 00:29:00,280 --> 00:29:04,280 Speaker 1: and militaries within those governments are controlled by those governments 467 00:29:04,680 --> 00:29:10,760 Speaker 1: are pretty wasteful when it comes to spending at times. Corruption, Uh, 468 00:29:10,880 --> 00:29:15,240 Speaker 1: it just runs wild within these organizations. And you know, 469 00:29:15,320 --> 00:29:18,600 Speaker 1: especially at the tops and you know, one of the 470 00:29:19,600 --> 00:29:21,600 Speaker 1: we've talked about before. One of the major reasons for 471 00:29:21,640 --> 00:29:25,040 Speaker 1: that is the need to increase budgets over time. That's 472 00:29:25,040 --> 00:29:28,480 Speaker 1: why you'll see what we would consider maybe wasteful spending 473 00:29:29,000 --> 00:29:31,520 Speaker 1: because you always have to get a little bit more 474 00:29:31,680 --> 00:29:36,480 Speaker 1: for the next time around. Um. And and you can 475 00:29:36,640 --> 00:29:40,840 Speaker 1: really apply this thinking and this observation when it comes 476 00:29:40,880 --> 00:29:47,880 Speaker 1: to gasoline and oil usage within militaries. It reminds me of, uh, 477 00:29:48,680 --> 00:29:51,600 Speaker 1: to your point, Matt, that story about how the Air 478 00:29:51,640 --> 00:29:57,920 Speaker 1: Force spent a piece for these like reheating coffee cups 479 00:29:57,960 --> 00:30:01,440 Speaker 1: because because they were like poorly bill and their handles 480 00:30:01,440 --> 00:30:04,800 Speaker 1: would break. So they just dropped like hundreds and thousands 481 00:30:04,840 --> 00:30:07,040 Speaker 1: of dollars, hundreds of thousands of dollars on these things 482 00:30:07,680 --> 00:30:10,600 Speaker 1: with absolutely no oversight. And finally, of course, when it, 483 00:30:10,720 --> 00:30:13,320 Speaker 1: you know, reaches the public, oh put the we'll we'll 484 00:30:13,320 --> 00:30:15,280 Speaker 1: put a stop to that or whatever. But that's that 485 00:30:15,360 --> 00:30:17,880 Speaker 1: kind of stuff, unchecked happens, you know, all the time. 486 00:30:18,080 --> 00:30:19,560 Speaker 1: And I really want to refer back I've been I've 487 00:30:19,560 --> 00:30:21,640 Speaker 1: been wanted to mention this the whole episode. I thought 488 00:30:21,640 --> 00:30:25,280 Speaker 1: our callers point about changing the colors of the humvees 489 00:30:25,360 --> 00:30:27,880 Speaker 1: and stuff was really interesting, and I never thought of 490 00:30:27,920 --> 00:30:30,080 Speaker 1: it that way because I think he's really saying more 491 00:30:30,080 --> 00:30:34,719 Speaker 1: on the symbolic level. But I think it's it's apt, right, Like, 492 00:30:34,800 --> 00:30:37,000 Speaker 1: so you know, we used to go to war and 493 00:30:37,080 --> 00:30:39,680 Speaker 1: like jungle regions and and all of that, and then 494 00:30:39,760 --> 00:30:41,480 Speaker 1: our you know, in our in our tanks and stuff, 495 00:30:41,520 --> 00:30:45,800 Speaker 1: we're camouflaged green. And now that's that that switched to 496 00:30:45,880 --> 00:30:50,600 Speaker 1: the sand colored camouflage really as signified the shift towards 497 00:30:50,720 --> 00:30:54,840 Speaker 1: where our motivations truly lie, which is what this section 498 00:30:54,880 --> 00:30:58,200 Speaker 1: of the episode is about. I mean, it's it's beyond symbolism, 499 00:30:58,280 --> 00:31:01,920 Speaker 1: right because the green the green cameo won't work in 500 00:31:02,000 --> 00:31:05,120 Speaker 1: the desert. They could spot you from kilometers away. But 501 00:31:05,240 --> 00:31:07,440 Speaker 1: it's I think it's a very I agree with you, guys. 502 00:31:07,480 --> 00:31:12,320 Speaker 1: I think it's a very astute observation. Of course, it changed, 503 00:31:12,360 --> 00:31:16,040 Speaker 1: and it changed for a reason, and you know, think 504 00:31:16,080 --> 00:31:23,440 Speaker 1: about this. So everybody listening now has presumably survived April 505 00:31:23,640 --> 00:31:28,040 Speaker 1: and may of hopefully, and if you are listening to 506 00:31:28,080 --> 00:31:31,479 Speaker 1: this from beyond the grave, beyond this mortal veil, please 507 00:31:31,880 --> 00:31:35,760 Speaker 1: send us an email where conspiracy iHeart radio dot com. Uh, 508 00:31:35,800 --> 00:31:38,360 Speaker 1: but if you're alive, then you know full well that 509 00:31:38,480 --> 00:31:43,000 Speaker 1: in April of this year, gas prices plummeted. Plummeted is 510 00:31:43,000 --> 00:31:47,240 Speaker 1: not even an adequate word, and in some cases crude 511 00:31:47,440 --> 00:31:51,280 Speaker 1: for a time, crude oil took on a negative value. 512 00:31:51,800 --> 00:31:55,920 Speaker 1: This was a real problem for speculators who control a 513 00:31:55,960 --> 00:31:59,520 Speaker 1: lot of the oil and oil futures market because they 514 00:31:59,680 --> 00:32:02,200 Speaker 1: were starting to run out of places to store all 515 00:32:02,240 --> 00:32:04,600 Speaker 1: this excess oil. No one was driving to your Point 516 00:32:04,600 --> 00:32:06,760 Speaker 1: and Old due to a pandemic, and a lot of 517 00:32:06,800 --> 00:32:12,160 Speaker 1: businesses were closed. In May of this year, when a 518 00:32:12,360 --> 00:32:17,440 Speaker 1: barrel of something like West Texas Intermediate Crew cost around 519 00:32:17,440 --> 00:32:20,720 Speaker 1: twenty bucks, uh, twenty bucks twenty bucks for a barrel 520 00:32:20,800 --> 00:32:23,160 Speaker 1: that works out about fifty cents US for a gallon, 521 00:32:23,920 --> 00:32:27,280 Speaker 1: Uncle Sam was still paying slightly over ten dollars per 522 00:32:27,360 --> 00:32:31,080 Speaker 1: gallon for some types of fuel. Now hold on, you 523 00:32:31,200 --> 00:32:35,800 Speaker 1: might say, I see the three card Monte SWITCHERU that 524 00:32:35,920 --> 00:32:40,360 Speaker 1: you guys just pulled. Armies pay for different types of fuel, right, 525 00:32:40,680 --> 00:32:43,800 Speaker 1: some of which is specialized. This is therefore not a 526 00:32:43,840 --> 00:32:48,080 Speaker 1: fair comparison. Well, yeah, okay, you caught us. The military 527 00:32:48,160 --> 00:32:52,080 Speaker 1: is paying ten dollars and four cents per gallon for 528 00:32:52,320 --> 00:32:55,760 Speaker 1: a type of fuel called jp L eight as jet 529 00:32:55,760 --> 00:33:00,200 Speaker 1: propulsion fuel eight psyche, as they used to say in 530 00:33:00,240 --> 00:33:04,760 Speaker 1: the nineties, kidding again the rascal, we're the rascals. The 531 00:33:05,160 --> 00:33:09,959 Speaker 1: global average price for JPL eight isn't supposed to be 532 00:33:10,080 --> 00:33:13,200 Speaker 1: ten dollars. It's supposed to be two to three dollars 533 00:33:13,240 --> 00:33:16,760 Speaker 1: per gallon. And where does all this money to pay 534 00:33:16,800 --> 00:33:20,480 Speaker 1: these inflated gas costs come from? If you pay taxes 535 00:33:20,640 --> 00:33:25,920 Speaker 1: in the United States, it comes from you. But unfortunately, UM, 536 00:33:26,520 --> 00:33:30,680 Speaker 1: While the problem that we're dealing with in might just 537 00:33:30,800 --> 00:33:35,360 Speaker 1: be a symptom of mismanagement and of course corruption and 538 00:33:35,400 --> 00:33:37,160 Speaker 1: a lot of these lobbies that we're talking about, the 539 00:33:37,200 --> 00:33:42,000 Speaker 1: longstanding problem goes way way deeper, and it's at least 540 00:33:42,320 --> 00:33:45,840 Speaker 1: in part a function of all of those logistics and 541 00:33:45,880 --> 00:33:48,600 Speaker 1: supply chains and opening up the supply and closing it 542 00:33:48,640 --> 00:33:51,640 Speaker 1: down like we were talking about, um with that fed effect. 543 00:33:52,080 --> 00:33:55,640 Speaker 1: Uh So, back in oh nine, the Pentagon reported that 544 00:33:55,800 --> 00:33:59,920 Speaker 1: the quote fully burdened cost of fuel. I love that 545 00:34:00,280 --> 00:34:03,640 Speaker 1: term burden there. It's very telling, um, meaning that cost 546 00:34:03,720 --> 00:34:06,360 Speaker 1: once you factor in all of these things, including those 547 00:34:06,600 --> 00:34:10,400 Speaker 1: I believe ben including those externalities, right like the cost 548 00:34:10,440 --> 00:34:13,640 Speaker 1: of hospital stays and things like that, or no, not necessarily. 549 00:34:14,560 --> 00:34:18,759 Speaker 1: They may have. They may have factored it. Actually, they 550 00:34:18,800 --> 00:34:25,680 Speaker 1: may have factored in uh maybe cost of injury for 551 00:34:25,840 --> 00:34:29,799 Speaker 1: people who are transporting fuel, but probably not. Probably not. 552 00:34:29,880 --> 00:34:32,200 Speaker 1: So let's be conservative here and just assume that this 553 00:34:32,280 --> 00:34:36,399 Speaker 1: refers mainly to the cost of the refinement process and 554 00:34:36,480 --> 00:34:39,000 Speaker 1: for moving it from A to B from where the 555 00:34:39,080 --> 00:34:42,360 Speaker 1: crew comes out of the ground to where it gets refined, 556 00:34:42,640 --> 00:34:45,040 Speaker 1: to how it's then transported to the pumps and then 557 00:34:45,040 --> 00:34:47,879 Speaker 1: into your car. I would say they might they might 558 00:34:48,680 --> 00:34:52,920 Speaker 1: bring in the cost of securing certain areas maybe or 559 00:34:53,080 --> 00:34:55,520 Speaker 1: military basis. I don't know, just saying that might actually 560 00:34:55,520 --> 00:34:56,880 Speaker 1: be a part of it. It's a good it's a 561 00:34:56,880 --> 00:34:58,360 Speaker 1: good point. And that's the kind of stuff that we 562 00:34:58,440 --> 00:35:01,440 Speaker 1: probably aren't going to see like in ledgers, you know 563 00:35:01,480 --> 00:35:03,799 Speaker 1: what I mean, because to your point bent earlier, there 564 00:35:03,880 --> 00:35:05,319 Speaker 1: is so much stuff they don't want you to know 565 00:35:05,360 --> 00:35:08,960 Speaker 1: about this whole process, uh, for good reasons far as 566 00:35:09,040 --> 00:35:12,160 Speaker 1: Uncle Sam's concerned. Um, but that number to backtrack a 567 00:35:12,160 --> 00:35:17,919 Speaker 1: little bit, cost of refinement transport and and who knows 568 00:35:17,960 --> 00:35:21,200 Speaker 1: what else. But let's just assume that it's refinement transport 569 00:35:21,520 --> 00:35:23,680 Speaker 1: and you know, the process of getting it from the 570 00:35:23,719 --> 00:35:27,319 Speaker 1: refineries to the actual point of sale would be four 571 00:35:27,480 --> 00:35:34,560 Speaker 1: hundred dollars a gallon, wikes. When the you know, the 572 00:35:35,000 --> 00:35:39,520 Speaker 1: problem here is if that is true, then how the 573 00:35:39,520 --> 00:35:42,600 Speaker 1: heck is that paid for? Right? How how does that 574 00:35:42,640 --> 00:35:47,799 Speaker 1: four hundred dollars per gallon turn into to fourteen at 575 00:35:47,840 --> 00:35:52,520 Speaker 1: the pump near your house or something? Well, it's um, 576 00:35:52,560 --> 00:35:58,320 Speaker 1: it's America. It's the the financial systems within America that 577 00:35:58,400 --> 00:36:00,600 Speaker 1: make it go around. That's that who pays for it, 578 00:36:00,880 --> 00:36:06,600 Speaker 1: and the average American through taxes in probably the easiest 579 00:36:06,600 --> 00:36:10,600 Speaker 1: way to think about it, is paying for that bill. Um. 580 00:36:10,640 --> 00:36:13,319 Speaker 1: And you know, the we haven't even got into the 581 00:36:13,400 --> 00:36:17,120 Speaker 1: concept of the government subsidizing the oil through taxes to 582 00:36:17,120 --> 00:36:20,520 Speaker 1: get that gas at the pump price lower. This is all, 583 00:36:20,560 --> 00:36:22,719 Speaker 1: this is all kind of a part of it. It's 584 00:36:22,880 --> 00:36:26,880 Speaker 1: very very odd to imagine the way money essentially just 585 00:36:26,960 --> 00:36:30,799 Speaker 1: gets kind of moved around. Um, and we pretend that 586 00:36:30,840 --> 00:36:33,560 Speaker 1: it's paying for one thing when it's actually paying for another, 587 00:36:34,120 --> 00:36:38,239 Speaker 1: and we delay costs by paying in taxes once a year. Well, 588 00:36:39,320 --> 00:36:42,560 Speaker 1: it's just very strange. Sure, I mean, corporations do this 589 00:36:42,680 --> 00:36:48,040 Speaker 1: as well. That's why different departments or different divisions have 590 00:36:48,560 --> 00:36:52,759 Speaker 1: separate accounting lines on their spreadsheet. Right, you you distribute 591 00:36:52,760 --> 00:36:56,719 Speaker 1: the cost, or in the case of many corporations, you 592 00:36:56,840 --> 00:37:01,000 Speaker 1: distribute the losses and you keep the h you keep 593 00:37:01,040 --> 00:37:04,440 Speaker 1: the gains of the profits. But but just just for 594 00:37:04,560 --> 00:37:08,200 Speaker 1: some quick math here to pull a compare to walk 595 00:37:08,239 --> 00:37:11,920 Speaker 1: these numbers out, Uh, so we can really feel the 596 00:37:12,000 --> 00:37:17,960 Speaker 1: impact here. A hum V has a twenty five gallon 597 00:37:18,080 --> 00:37:21,279 Speaker 1: fuel tank capacity. So if it's ever in a situation 598 00:37:21,680 --> 00:37:25,640 Speaker 1: where the fully burdened cost of of the fuel is 599 00:37:25,680 --> 00:37:28,640 Speaker 1: considered here, that means that to fill up one hum 600 00:37:28,760 --> 00:37:31,640 Speaker 1: V it could cost ten thous dollars US. And to 601 00:37:31,719 --> 00:37:35,520 Speaker 1: your point, Matt, yeah, that that money doesn't fall from 602 00:37:35,560 --> 00:37:40,680 Speaker 1: the sky. Uh, it comes from uh, the taxpayers. And 603 00:37:41,120 --> 00:37:43,760 Speaker 1: this is just an average. That's the weird thing about 604 00:37:43,840 --> 00:37:48,840 Speaker 1: the four hunder dollar mark. In some places, government officials themselves, 605 00:37:48,880 --> 00:37:51,560 Speaker 1: people work for the US government, have noted that the 606 00:37:51,600 --> 00:37:55,240 Speaker 1: price can climb as high as one thousand dollars per gallon, 607 00:37:55,360 --> 00:37:58,000 Speaker 1: you know, like something you have to transport, maybe via 608 00:37:58,080 --> 00:38:02,600 Speaker 1: helicopter into an excessable terrain, uh, in the middle of nowhere. 609 00:38:03,000 --> 00:38:07,360 Speaker 1: And look, yes, we're using the United States as an example. 610 00:38:07,840 --> 00:38:10,920 Speaker 1: But this, to be crystal clear, this is a problem 611 00:38:10,960 --> 00:38:16,680 Speaker 1: common to any globe trotting military, any any blue Water Navy, 612 00:38:17,000 --> 00:38:20,480 Speaker 1: and long time listeners you already know blue Water, green Water, 613 00:38:20,960 --> 00:38:23,399 Speaker 1: brown Water Navy. Blue Water is the one that goes 614 00:38:23,440 --> 00:38:26,799 Speaker 1: around the world. So, whether we're talking about Russia, whether 615 00:38:26,800 --> 00:38:31,480 Speaker 1: we're talking about China, whether we're talking about International Justice 616 00:38:31,640 --> 00:38:36,840 Speaker 1: League type avenger coalitions like UH or some we call 617 00:38:36,920 --> 00:38:40,719 Speaker 1: them brotherhoods of evil mutants like NATO UH, we're going 618 00:38:40,800 --> 00:38:44,000 Speaker 1: to see the same pattern playing out. As a matter 619 00:38:44,000 --> 00:38:47,360 Speaker 1: of fact, you won't see this on mainstream news unless 620 00:38:47,400 --> 00:38:50,400 Speaker 1: you dig it kind of deep into some trade publications. 621 00:38:50,880 --> 00:38:56,080 Speaker 1: But China just inked, or maybe reinvigorated is a better word, 622 00:38:56,480 --> 00:39:00,840 Speaker 1: a a new leg of a secretive, multi decade deal 623 00:39:01,239 --> 00:39:06,000 Speaker 1: with Iran, and essentially the too long, didn't read version 624 00:39:06,000 --> 00:39:08,520 Speaker 1: of it. Is this in exchange for what amounts to 625 00:39:08,600 --> 00:39:11,879 Speaker 1: about a thirty to thirty two percent discount on all 626 00:39:12,000 --> 00:39:16,359 Speaker 1: fossil fuel resources produced by Iran, China is going to 627 00:39:16,400 --> 00:39:22,360 Speaker 1: take an increasingly larger hold of infrastructure related to refineries 628 00:39:22,400 --> 00:39:25,920 Speaker 1: and transport of fossil fuels, as well as having a 629 00:39:25,960 --> 00:39:30,200 Speaker 1: closer military partnership. They're moving pieces on the chessboard. The 630 00:39:30,239 --> 00:39:34,719 Speaker 1: great game never ever ended. But what it, but in 631 00:39:34,719 --> 00:39:37,880 Speaker 1: a similar way, be to the way the United States 632 00:39:37,960 --> 00:39:41,520 Speaker 1: has moved in Middle Eastern countries for a long time, right, 633 00:39:42,640 --> 00:39:46,960 Speaker 1: just briefly mentioned there, the cost of securing oil supplies 634 00:39:47,000 --> 00:39:50,439 Speaker 1: in other countries ends up being a factor, and it's 635 00:39:50,960 --> 00:39:53,640 Speaker 1: China making that move in Iran one of the only 636 00:39:53,680 --> 00:39:56,160 Speaker 1: places in the Middle East where the United States hasn't 637 00:39:56,600 --> 00:40:01,520 Speaker 1: officially invaded and inserted itself. Yeah, good point, Matt. And 638 00:40:01,520 --> 00:40:04,640 Speaker 1: pull up the map, folks if you're reading along at home, Uh, 639 00:40:04,680 --> 00:40:09,319 Speaker 1: just just do a cursory Internet search on your OS 640 00:40:09,880 --> 00:40:14,560 Speaker 1: demon browser choice and and ask how many US bases 641 00:40:14,920 --> 00:40:18,880 Speaker 1: are bordering Iran. You will see it's it's literally a ring. 642 00:40:19,160 --> 00:40:21,560 Speaker 1: The Strait of Horn moves is one of for a 643 00:40:21,560 --> 00:40:24,000 Speaker 1: long time. That's what a lot of people thought would 644 00:40:24,040 --> 00:40:28,000 Speaker 1: be the flashpoint for World War three. Again, as you know, 645 00:40:28,520 --> 00:40:32,040 Speaker 1: world War three might end up being over water, who knows. 646 00:40:32,920 --> 00:40:35,759 Speaker 1: But this this is just an example, right of a 647 00:40:35,760 --> 00:40:38,399 Speaker 1: bigger issue. And it's not to pick on China, as 648 00:40:38,400 --> 00:40:41,840 Speaker 1: you said, Matt, other countries have done this before in 649 00:40:42,000 --> 00:40:48,239 Speaker 1: much and much more uh blatantly belligerent ways, like like 650 00:40:48,600 --> 00:40:52,120 Speaker 1: the UK, like Britain in the Middle East. Right, this 651 00:40:52,239 --> 00:40:56,480 Speaker 1: all means that if we sincerely seek to understand the 652 00:40:56,600 --> 00:41:00,520 Speaker 1: true price of gasoline, at some point we also have 653 00:41:00,640 --> 00:41:04,239 Speaker 1: to start factoring in the cost of regional instability, and 654 00:41:04,280 --> 00:41:09,000 Speaker 1: we have to factor in the price of war. And this, 655 00:41:09,200 --> 00:41:13,040 Speaker 1: I mean, this takes us. This is an incredibly important 656 00:41:13,080 --> 00:41:16,040 Speaker 1: point that doesn't get talked about near often enough. But 657 00:41:16,200 --> 00:41:18,520 Speaker 1: it's also not the only point. You know, they're they're 658 00:41:18,520 --> 00:41:21,640 Speaker 1: a hidden cost. We talked about these long term bills. 659 00:41:22,239 --> 00:41:25,640 Speaker 1: What happens when these bills come due, Like, like know, 660 00:41:25,719 --> 00:41:28,880 Speaker 1: you mentioned a little bit about whether or not the 661 00:41:28,920 --> 00:41:33,160 Speaker 1: pentagon factored in medical care and that fully burdened cost. 662 00:41:34,719 --> 00:41:38,040 Speaker 1: Is that another externality? What else is out there? Yes, 663 00:41:38,200 --> 00:41:42,960 Speaker 1: so we've talked about these hidden costs, um, these externalities 664 00:41:43,000 --> 00:41:45,840 Speaker 1: and and whether or not these are actually factored in 665 00:41:45,840 --> 00:41:48,560 Speaker 1: in a meaningful way. Um, But there are other ones 666 00:41:48,600 --> 00:41:51,440 Speaker 1: that we haven't mentioned too, that are much more difficult 667 00:41:51,480 --> 00:41:55,480 Speaker 1: to quantify. Let's think about oil spills, I mean, in 668 00:41:55,520 --> 00:41:58,359 Speaker 1: a very callous and calculated way. I'm sure there are 669 00:41:58,400 --> 00:42:02,640 Speaker 1: some money people that consider these the cost of doing business. 670 00:42:02,680 --> 00:42:05,319 Speaker 1: You know, the occasional disaster that you have to pay 671 00:42:05,400 --> 00:42:08,720 Speaker 1: a lot of money in pr and in cleanup efforts 672 00:42:08,760 --> 00:42:11,759 Speaker 1: to get rid of It's ultimately worth it at the 673 00:42:11,840 --> 00:42:14,799 Speaker 1: end of the day, considering how much money is generated 674 00:42:14,880 --> 00:42:17,919 Speaker 1: from that product that you're having to clean up. Let's 675 00:42:17,920 --> 00:42:21,600 Speaker 1: think about things like respiratory illnesses. Let's think about lost 676 00:42:21,640 --> 00:42:26,080 Speaker 1: productivity when people in places like California, Los Angeles, Atlanta 677 00:42:26,680 --> 00:42:30,440 Speaker 1: that have like things called orange small alerts that literally 678 00:42:30,520 --> 00:42:32,600 Speaker 1: the air quality is so bad that if you have 679 00:42:32,640 --> 00:42:36,480 Speaker 1: a pre existing condition or some kind of respiratory sensitivity, 680 00:42:37,239 --> 00:42:39,600 Speaker 1: you're not gonna be able to go outside. It's just 681 00:42:39,640 --> 00:42:42,040 Speaker 1: the reality of the world we live in. And it's 682 00:42:42,040 --> 00:42:44,919 Speaker 1: not something that's factored in. And if it is, it's 683 00:42:44,920 --> 00:42:47,719 Speaker 1: certainly not factored in a meaningful way. Uh. In in 684 00:42:47,719 --> 00:42:50,520 Speaker 1: in my opinion, and I think in Mountain Ben's possibly 685 00:42:50,560 --> 00:42:53,520 Speaker 1: as well. UM, but let's give a little bit of 686 00:42:53,560 --> 00:42:56,960 Speaker 1: a snapshot here. Uh, let's talk about Los Angeles alone. 687 00:42:56,960 --> 00:42:59,800 Speaker 1: Like I mentioned, the overall cost of air pollution a 688 00:43:00,239 --> 00:43:03,440 Speaker 1: up to something in the neighborhood of one hundred thousand, 689 00:43:03,719 --> 00:43:08,160 Speaker 1: two hundred and fifty dollars per person per year, and 690 00:43:08,239 --> 00:43:11,400 Speaker 1: that's because of things like emergency room visits. Uh. That 691 00:43:11,520 --> 00:43:16,359 Speaker 1: lost productivity. We talked about lost work or missing school. Um, 692 00:43:16,440 --> 00:43:19,640 Speaker 1: for children. So, Ben, do you want to let's extrapolate 693 00:43:19,760 --> 00:43:24,440 Speaker 1: something from this, Yeah, if we if we build out 694 00:43:24,480 --> 00:43:28,400 Speaker 1: from from these conclusions, a couple of different studies, including 695 00:43:28,440 --> 00:43:32,520 Speaker 1: Center for Investigative Reporting that we mentioned earlier, including uh, 696 00:43:32,760 --> 00:43:37,200 Speaker 1: some medical nonprofits and so on. It's not a surprise 697 00:43:37,520 --> 00:43:41,000 Speaker 1: studies have such a wide range on the cost of 698 00:43:41,000 --> 00:43:46,359 Speaker 1: these externalities. One study, in fact, found the concluded that 699 00:43:47,120 --> 00:43:52,600 Speaker 1: this per year cost five hundred and fifty billion dollars 700 00:43:52,719 --> 00:43:57,160 Speaker 1: Throw up your was it dr evil pinky there? Or 701 00:43:57,239 --> 00:44:00,520 Speaker 1: as much as one point seven trillion dollars for most 702 00:44:00,520 --> 00:44:04,399 Speaker 1: people is cognitively impossible to think of as a real number. Uh. 703 00:44:04,440 --> 00:44:06,839 Speaker 1: And that's in the U S A loan. If you 704 00:44:06,920 --> 00:44:09,640 Speaker 1: add that to the price of the pump, that's where 705 00:44:09,680 --> 00:44:13,439 Speaker 1: you'll see the conclusions that the true costs breaks down 706 00:44:13,440 --> 00:44:17,040 Speaker 1: to something like fifteen dollars per gallon. But again, like 707 00:44:17,080 --> 00:44:20,200 Speaker 1: we said, it all depends on your methodology. What what 708 00:44:20,320 --> 00:44:22,920 Speaker 1: variables do you admit and what what how do you 709 00:44:22,960 --> 00:44:25,440 Speaker 1: factor them? How do you wait them? In countries that 710 00:44:25,520 --> 00:44:29,640 Speaker 1: appear that appear to have a higher cost at the 711 00:44:29,680 --> 00:44:34,520 Speaker 1: gas station, yes, we're looking at you, Europe. Hello. Then 712 00:44:35,000 --> 00:44:38,839 Speaker 1: part of that higher at the pump cost comes from taxation, 713 00:44:39,400 --> 00:44:42,280 Speaker 1: and that's interesting to the circle that you're talking about, Matt, 714 00:44:42,480 --> 00:44:45,840 Speaker 1: because some of those taxes are in theory at least 715 00:44:46,280 --> 00:44:50,960 Speaker 1: dedicated to fighting to mitigating the problems we described above. 716 00:44:51,080 --> 00:44:53,440 Speaker 1: So if you're in Germany, you're paying let's say you're 717 00:44:53,440 --> 00:44:57,279 Speaker 1: paying eight dollars per gallon, just pulling that out of 718 00:44:57,280 --> 00:44:59,920 Speaker 1: the ether here, you're paying eight dollars per gallon. Will 719 00:45:00,000 --> 00:45:03,880 Speaker 1: a portion of that is not reflecting maybe the cost 720 00:45:03,960 --> 00:45:08,840 Speaker 1: of refineries. It's reflecting the cost of combating greenhouse gas emissions, 721 00:45:08,880 --> 00:45:12,719 Speaker 1: for example. And it's interesting because that would theoretically at 722 00:45:12,800 --> 00:45:16,600 Speaker 1: least reduce the demand for the gasoline, which should lower 723 00:45:16,680 --> 00:45:19,680 Speaker 1: that price further. But you're still seeing, like, you know, 724 00:45:19,760 --> 00:45:23,440 Speaker 1: the equivalent of eight dollars or more per gallon in 725 00:45:23,480 --> 00:45:26,759 Speaker 1: a lot of those countries. Again, the one of the 726 00:45:26,840 --> 00:45:31,280 Speaker 1: major things here, in one of the last crucial things 727 00:45:31,320 --> 00:45:34,719 Speaker 1: that we're going to be talking about in this episode, 728 00:45:35,480 --> 00:45:38,680 Speaker 1: is that variance. There's so there's so many factors that 729 00:45:38,800 --> 00:45:43,279 Speaker 1: go into calculating how much gas actually costs, and when 730 00:45:43,360 --> 00:45:46,120 Speaker 1: you're you know, especially when we're trying to research for 731 00:45:46,120 --> 00:45:49,640 Speaker 1: this episode, you're looking at contradictions made in how people 732 00:45:49,719 --> 00:45:53,560 Speaker 1: in different organizations are calculating these numbers and how they're 733 00:45:53,560 --> 00:45:56,400 Speaker 1: getting there. It can be really tough when you're thinking 734 00:45:56,440 --> 00:46:00,560 Speaker 1: about all of these different possible factors. Agree. This is 735 00:46:01,040 --> 00:46:07,120 Speaker 1: an increasingly fluid situation. I'm sorry, it's terrible and and 736 00:46:07,239 --> 00:46:14,000 Speaker 1: uh and they're they're indications fluid. I'm sorry. Oh god, 737 00:46:14,600 --> 00:46:17,120 Speaker 1: the reviews are going to kill us, you guys before 738 00:46:17,800 --> 00:46:21,880 Speaker 1: before the fossil fuel industry does Uh what if we 739 00:46:22,000 --> 00:46:24,840 Speaker 1: get disappeared by people who hate terrible jokes? What a 740 00:46:24,920 --> 00:46:29,080 Speaker 1: way to go? I would I would honestly go into 741 00:46:29,200 --> 00:46:31,800 Speaker 1: that good night, you know, knowing that we've made a difference. 742 00:46:32,080 --> 00:46:34,640 Speaker 1: I would just say, for being the one non Dad 743 00:46:34,719 --> 00:46:36,719 Speaker 1: on this show as a host, you make the best 744 00:46:36,840 --> 00:46:40,280 Speaker 1: dad jokes been dad game shan I learn. I learned 745 00:46:40,320 --> 00:46:42,839 Speaker 1: it from growing up in the dad joke game. Under 746 00:46:42,880 --> 00:46:47,359 Speaker 1: you guys, I yeah, we're we're here for your dad 747 00:46:47,480 --> 00:46:50,960 Speaker 1: joke needs. As the world burns down, so there is 748 00:46:51,080 --> 00:46:52,880 Speaker 1: light at the end of the tunnel, though, kind of 749 00:46:53,560 --> 00:46:57,359 Speaker 1: electric vehicles are on the rise. And yet maybe they're 750 00:46:57,360 --> 00:46:59,919 Speaker 1: not perfect. Maybe they're not as much of a silver 751 00:47:00,120 --> 00:47:03,360 Speaker 1: bullet or panacea as some people would claim, but the 752 00:47:03,440 --> 00:47:07,480 Speaker 1: technology is there. It's evolving at a significant pace. More importantly, 753 00:47:07,760 --> 00:47:11,839 Speaker 1: the infrastructure to support those vehicles is evolving as well. 754 00:47:12,120 --> 00:47:14,360 Speaker 1: Don't remember just a handful of years ago, you wouldn't 755 00:47:14,400 --> 00:47:17,759 Speaker 1: see charging stations it like get grocery stores, you know, 756 00:47:18,320 --> 00:47:20,600 Speaker 1: and like outside of Atlanta you even see them in 757 00:47:20,680 --> 00:47:23,200 Speaker 1: Georgia Now, you know, Um, it's not as much of 758 00:47:23,320 --> 00:47:26,759 Speaker 1: like a bougie kind of you know, only for the 759 00:47:26,960 --> 00:47:30,279 Speaker 1: rich thing anymore. And even Tesla, the prices are going 760 00:47:30,400 --> 00:47:33,759 Speaker 1: down for like a nicer you know, a nicer electric car. 761 00:47:33,920 --> 00:47:36,120 Speaker 1: That and they're faster now too, which I think was 762 00:47:36,160 --> 00:47:38,880 Speaker 1: a big barrier to some gear heads was like, oh, 763 00:47:38,920 --> 00:47:41,000 Speaker 1: I don't want an electric car because it was like, 764 00:47:41,200 --> 00:47:43,319 Speaker 1: you know, sort of embarrassing and you couldn't really get 765 00:47:43,400 --> 00:47:44,759 Speaker 1: a lot of juice out of them. But some of 766 00:47:44,840 --> 00:47:48,520 Speaker 1: these new ones are super powerful. Yeah, but no where 767 00:47:48,600 --> 00:47:52,440 Speaker 1: where are you getting all that all that power power 768 00:47:52,520 --> 00:47:58,319 Speaker 1: them electrical vehicle batteries? Huh. That's so that's a good 769 00:47:58,360 --> 00:48:00,440 Speaker 1: point too. It's a good point, you may, it's all 770 00:48:00,480 --> 00:48:04,760 Speaker 1: I mean, that's the problem you guys, with great power 771 00:48:04,920 --> 00:48:10,520 Speaker 1: comes great responsibility or black They're right, I mean, it's true. 772 00:48:10,560 --> 00:48:12,879 Speaker 1: That's a really that's a that's a really good point. 773 00:48:13,040 --> 00:48:15,399 Speaker 1: You know, for for a long time, depending on where 774 00:48:15,440 --> 00:48:18,000 Speaker 1: you were in the world, if you drove an electric car, 775 00:48:18,120 --> 00:48:21,239 Speaker 1: you were driving a coal powered car, and people didn't 776 00:48:21,239 --> 00:48:23,919 Speaker 1: want to admit that. But also, I don't know about 777 00:48:23,920 --> 00:48:26,640 Speaker 1: you guys, IM super envious of when I see a 778 00:48:26,719 --> 00:48:30,440 Speaker 1: Tesla drive by, especially when when the slick ones but 779 00:48:31,080 --> 00:48:36,279 Speaker 1: you know, the car car love aside. We're correct that 780 00:48:36,640 --> 00:48:41,520 Speaker 1: forms of alternative energy are increasing in countries across the planet. Yeah, 781 00:48:41,600 --> 00:48:45,120 Speaker 1: a lot of them are developed countries, you know, the 782 00:48:45,280 --> 00:48:49,120 Speaker 1: socio economic equivalent of the global one percent, and they 783 00:48:49,160 --> 00:48:54,399 Speaker 1: can afford to subsidize research and subsidize infrastructure. But still 784 00:48:54,440 --> 00:48:57,279 Speaker 1: it's a good time, you know, for for a long time. 785 00:48:57,480 --> 00:49:00,440 Speaker 1: Here in the US as well, research into these techno bologies, 786 00:49:00,480 --> 00:49:03,840 Speaker 1: deployment of them is stymy by a ton of factors, 787 00:49:04,360 --> 00:49:09,360 Speaker 1: industrial political opposition, plain old hard technological limits. Like you 788 00:49:09,480 --> 00:49:13,240 Speaker 1: mentioned Noli, who wants to buy a car that doesn't 789 00:49:13,400 --> 00:49:15,800 Speaker 1: car very well? Right if we want to make that 790 00:49:15,920 --> 00:49:19,680 Speaker 1: a herb We also had had problems figuring out how 791 00:49:19,760 --> 00:49:23,880 Speaker 1: best to store solar energy, make a solar battery powering 792 00:49:24,000 --> 00:49:26,160 Speaker 1: something to also make it able to work at night 793 00:49:26,320 --> 00:49:31,480 Speaker 1: with stored energy. There's this there's also this huge tremendous 794 00:49:31,600 --> 00:49:35,040 Speaker 1: cost of making large scale switches from fossil fuel to 795 00:49:35,160 --> 00:49:38,160 Speaker 1: something new. Quick question for you, gentlemen, is really quickly 796 00:49:38,640 --> 00:49:41,160 Speaker 1: when you say, you know, the processes that go into 797 00:49:41,200 --> 00:49:43,360 Speaker 1: making the batteries with the electric cars, you know burns 798 00:49:43,480 --> 00:49:46,360 Speaker 1: all kinds of you know, fossil fuels as well. Is 799 00:49:46,440 --> 00:49:49,400 Speaker 1: it so much that it's not worth the fact that 800 00:49:49,440 --> 00:49:51,360 Speaker 1: you're not having to burn it every time you use it? 801 00:49:51,680 --> 00:49:53,319 Speaker 1: You just have to like, you know, there's that, there's 802 00:49:53,360 --> 00:49:56,840 Speaker 1: that sunk cost of making it, of the manufacturing process, 803 00:49:56,880 --> 00:49:59,719 Speaker 1: and then you've got the thing that presumably will last 804 00:49:59,800 --> 00:50:02,520 Speaker 1: you a long time. I don't know the answer. I 805 00:50:02,560 --> 00:50:04,400 Speaker 1: don't know if you if you guys know, we're not 806 00:50:04,480 --> 00:50:09,719 Speaker 1: talking about manufacturing. We're talking about the actual energy that 807 00:50:10,080 --> 00:50:13,840 Speaker 1: goes from the outlet into the battery to charge the 808 00:50:14,000 --> 00:50:18,319 Speaker 1: vehicle so that it can drive the energy. Yes, yes, 809 00:50:18,520 --> 00:50:21,239 Speaker 1: I'm such a dumby, of course, yeah, of course, no, No, 810 00:50:21,320 --> 00:50:24,640 Speaker 1: it's it's I mean, I can totally understand. Manufacturing the 811 00:50:24,680 --> 00:50:29,480 Speaker 1: batteries is also not that's and it's also problematic, right 812 00:50:29,640 --> 00:50:33,960 Speaker 1: oh god, yeah, all the rare minerals, uh one of 813 00:50:34,040 --> 00:50:36,680 Speaker 1: the big things for electric vehicles right now is also 814 00:50:37,120 --> 00:50:40,040 Speaker 1: just in terms of efficiency. It's trying to get the 815 00:50:40,120 --> 00:50:42,840 Speaker 1: weight of that battery down. That was a huge problem 816 00:50:42,880 --> 00:50:45,200 Speaker 1: and it's still you know, it's still a speed bump today. 817 00:50:45,760 --> 00:50:51,759 Speaker 1: So altogether, it seems like the old theory of international 818 00:50:51,920 --> 00:50:57,359 Speaker 1: politics from Wu Tang holds true, and geopolitics and international 819 00:50:57,640 --> 00:51:03,440 Speaker 1: energy infrastructure as well as hip hop cream cash rules 820 00:51:03,600 --> 00:51:08,719 Speaker 1: everything around me sounds look, yes, it's a fantastic song, 821 00:51:08,920 --> 00:51:13,320 Speaker 1: but it also it's also true. Large scale moves away 822 00:51:13,400 --> 00:51:16,880 Speaker 1: from fossil fuel and all the associated costs with fossil 823 00:51:16,920 --> 00:51:19,960 Speaker 1: fuel and the associated costs with moving from it only 824 00:51:20,040 --> 00:51:22,920 Speaker 1: become more and more likely when there is a financial 825 00:51:23,040 --> 00:51:27,279 Speaker 1: benefit to doing so, there's not. There might be a 826 00:51:27,440 --> 00:51:32,839 Speaker 1: CEO somewhere who says, ultruistically, I'm gonna move away from 827 00:51:32,880 --> 00:51:35,560 Speaker 1: fossil fuel because it's the right thing to do. I 828 00:51:35,719 --> 00:51:40,239 Speaker 1: think Louis Pasteur was right, uh to to spread his 829 00:51:40,600 --> 00:51:43,680 Speaker 1: innovation around the world. I don't know, call me a pestiment. 830 00:51:43,719 --> 00:51:45,359 Speaker 1: I don't think it's gonna happen. I think it's gonna 831 00:51:45,400 --> 00:51:47,800 Speaker 1: have to be something in a budget meetium. What do 832 00:51:47,880 --> 00:51:51,879 Speaker 1: you guys think, Yeah, unlikely. That's what I would say, 833 00:51:52,840 --> 00:51:56,360 Speaker 1: unlikely that somebody goes through and just changes the world 834 00:51:57,160 --> 00:52:02,080 Speaker 1: because it's the right thing to do. But it doesn't 835 00:52:02,120 --> 00:52:04,000 Speaker 1: have to be the case. If you're listening to this 836 00:52:04,120 --> 00:52:09,080 Speaker 1: and you're running a multinational corporation and you've got love 837 00:52:09,160 --> 00:52:14,480 Speaker 1: in your heart, you can change the word. Isn't that 838 00:52:14,560 --> 00:52:16,839 Speaker 1: song from ghost But don't they use that in Ghostbusters 839 00:52:18,280 --> 00:52:21,640 Speaker 1: at the end of Ghostbusters too, when the statue of 840 00:52:21,719 --> 00:52:27,120 Speaker 1: liberty is taken from somebody checked that and get back 841 00:52:27,160 --> 00:52:30,640 Speaker 1: to us, please. I don't know why I'm looking at No. No, 842 00:52:30,760 --> 00:52:33,040 Speaker 1: I'm sorry. I didn't mean to like nominate you to 843 00:52:33,120 --> 00:52:35,919 Speaker 1: be in charge of knowing everything about Ghostbusters. I don't 844 00:52:35,960 --> 00:52:39,680 Speaker 1: remember this song from the end of Ghostbusters. I actually 845 00:52:39,800 --> 00:52:43,320 Speaker 1: my mem my recollections of Ghostbusters two are pretty spotty. 846 00:52:44,360 --> 00:52:50,080 Speaker 1: Uh not agree. I like the little I like his 847 00:52:50,200 --> 00:52:52,120 Speaker 1: little What am I dead to? You know? I like 848 00:52:52,239 --> 00:52:57,920 Speaker 1: his I like his little tody um. I like that 849 00:52:58,080 --> 00:53:02,560 Speaker 1: character actor and his his Eastern European accent is hilarious. 850 00:53:03,760 --> 00:53:07,279 Speaker 1: But no, I actually don't even know what song you're 851 00:53:07,320 --> 00:53:10,000 Speaker 1: talking about. Ben, Put a little Love in your heart, 852 00:53:10,120 --> 00:53:12,879 Speaker 1: Put a little love in your heart. Wait, oh wait, 853 00:53:12,960 --> 00:53:16,520 Speaker 1: hang on, I think I might be wronged in the world. 854 00:53:16,760 --> 00:53:21,760 Speaker 1: You know, Nope, it's the end of Scrooged. Another amazing 855 00:53:21,840 --> 00:53:25,280 Speaker 1: Bill Murray. But you know, genuinely, I was thinking about 856 00:53:25,360 --> 00:53:27,799 Speaker 1: farting Preacher, and I think he has a line where 857 00:53:27,800 --> 00:53:29,920 Speaker 1: he says, if you've got love in your heart, let 858 00:53:30,000 --> 00:53:34,839 Speaker 1: it out, and then presumably he farts. Oh. Speaking of which, 859 00:53:34,920 --> 00:53:37,640 Speaker 1: you guys everyone out there, pro tip if you have 860 00:53:37,760 --> 00:53:42,680 Speaker 1: an Alexa device, Uh, you can make her fart go 861 00:53:42,920 --> 00:53:46,440 Speaker 1: crazy and yeah, and she gets into this like crazy 862 00:53:46,600 --> 00:53:50,160 Speaker 1: fart loop. Uh. It's very it's very difficult to get 863 00:53:50,200 --> 00:53:51,800 Speaker 1: her out of it, like you'll be You'll be like, 864 00:53:51,920 --> 00:53:54,720 Speaker 1: please stop. He's like, would you like a wet fart? 865 00:53:56,080 --> 00:54:00,279 Speaker 1: What kind of fart do you require? Masta, I'm not kiddy. 866 00:54:00,360 --> 00:54:01,960 Speaker 1: And then at the end she tries to sell you 867 00:54:02,000 --> 00:54:05,920 Speaker 1: a premium bundle of farts. It's all like an upsell thing. 868 00:54:06,560 --> 00:54:09,160 Speaker 1: I felt like I had stumbled upon some sort of 869 00:54:09,280 --> 00:54:13,960 Speaker 1: hidden treasure. But then it just wouldn't stop. So Jeff 870 00:54:14,040 --> 00:54:17,919 Speaker 1: Bezos is trying to get into the professional flashiles m game. 871 00:54:18,360 --> 00:54:21,759 Speaker 1: I'm not I'm not surprised. Don't let people fart. Shame 872 00:54:21,840 --> 00:54:26,200 Speaker 1: you folks, either. The average person. Uh, the average person 873 00:54:26,280 --> 00:54:29,360 Speaker 1: amits seventeen to twenty three farts per day, and you 874 00:54:29,440 --> 00:54:33,600 Speaker 1: actually you actually probably don't notice several of them. Also, 875 00:54:34,040 --> 00:54:38,000 Speaker 1: also in your defense, so brain stuff things coming out. 876 00:54:38,040 --> 00:54:41,080 Speaker 1: Also in your defense, it's not really you that's farting. 877 00:54:41,480 --> 00:54:44,799 Speaker 1: It's your gut flora that lives inside you emitting gas. 878 00:54:45,280 --> 00:54:46,840 Speaker 1: So if you want to think about you know, you 879 00:54:46,960 --> 00:54:51,200 Speaker 1: hear the argument about um farts from humans or cows 880 00:54:51,320 --> 00:54:55,439 Speaker 1: or other mammals producing pollution, it's the gut flora. It's 881 00:54:55,480 --> 00:54:59,800 Speaker 1: not you, it's it's them speaking of emissions, right, and 882 00:55:00,080 --> 00:55:03,880 Speaker 1: cycles and cycles like like Alexa. Right, we have to 883 00:55:03,920 --> 00:55:09,560 Speaker 1: remember they're they're powerful invested interests right, their countries, empires, 884 00:55:09,600 --> 00:55:14,359 Speaker 1: global corporations, and in some cases not necessarily naming names 885 00:55:14,400 --> 00:55:19,720 Speaker 1: in this episode, impossibly wealthy individuals who owe their entire 886 00:55:19,920 --> 00:55:25,680 Speaker 1: current status to the existing fossil fuel energy infrastructure. They 887 00:55:25,800 --> 00:55:30,520 Speaker 1: will pay enormous cost to maintain that infrastructure. If they 888 00:55:30,560 --> 00:55:34,600 Speaker 1: cannot secure a comparable position in a new energy economy, 889 00:55:35,080 --> 00:55:38,360 Speaker 1: they will fight, make no mistake, to keep the status 890 00:55:38,440 --> 00:55:40,439 Speaker 1: they currently have. It's kind of a rain in hell 891 00:55:41,320 --> 00:55:44,799 Speaker 1: versus uh, you know, having having a middle class job 892 00:55:44,880 --> 00:55:48,719 Speaker 1: in heaven kind of thing. Absolutely, So, first of all, 893 00:55:48,800 --> 00:55:51,880 Speaker 1: thank you so much Mike for sending us that message 894 00:55:51,920 --> 00:55:55,279 Speaker 1: and getting us to look into this entire thing. Um. 895 00:55:55,440 --> 00:56:00,279 Speaker 1: I hope you are doing well up there in Vancouver, Washington. Hey, 896 00:56:00,480 --> 00:56:03,360 Speaker 1: so what do you think about this whole subject? What 897 00:56:03,440 --> 00:56:05,759 Speaker 1: do you think about the true cost of gas? How 898 00:56:05,840 --> 00:56:08,120 Speaker 1: much does it cost where you are? And what do 899 00:56:08,280 --> 00:56:10,919 Speaker 1: you think it would actually cost if you were paying 900 00:56:11,000 --> 00:56:14,960 Speaker 1: for everything at the pump? Um? What's the future of gasoline? 901 00:56:15,000 --> 00:56:16,920 Speaker 1: Do you think we're going to continue to you know, 902 00:56:17,200 --> 00:56:21,320 Speaker 1: drive these cars around, especially now after you know the 903 00:56:21,400 --> 00:56:25,480 Speaker 1: pandemic situation and all of our new at home lives 904 00:56:25,600 --> 00:56:29,160 Speaker 1: that we've got going on. Um. And also what do 905 00:56:29,200 --> 00:56:31,120 Speaker 1: you think should be factored in at the pump when 906 00:56:31,120 --> 00:56:33,959 Speaker 1: you're paying? Is there anything specific that we talked about 907 00:56:33,960 --> 00:56:36,600 Speaker 1: today that you think is the most important thing? And 908 00:56:36,920 --> 00:56:39,480 Speaker 1: how would we pay for it? We want answers. We're 909 00:56:39,480 --> 00:56:43,279 Speaker 1: going to change this whole system from our desks in 910 00:56:43,360 --> 00:56:47,960 Speaker 1: our houses, or at least we're gonna advise someone somewhere 911 00:56:48,080 --> 00:56:51,799 Speaker 1: listening through your ideas. So please please please write to us. 912 00:56:51,840 --> 00:56:55,000 Speaker 1: Find us. You can find us all across social media. Yeah, 913 00:56:55,040 --> 00:56:58,320 Speaker 1: where either conspiracy stuff conspiracy stuff show some combination of 914 00:56:58,400 --> 00:57:01,640 Speaker 1: those in Instagram and twitch, her and Facebook. You can 915 00:57:01,680 --> 00:57:04,840 Speaker 1: find our Facebook group what's called Here's where it gets crazy, 916 00:57:05,440 --> 00:57:09,279 Speaker 1: um a lot of fun activity on their UM. Just 917 00:57:09,400 --> 00:57:11,520 Speaker 1: have to answer a couple of basic questions to just 918 00:57:11,719 --> 00:57:14,879 Speaker 1: prove to us that you're not Russian bots, and then 919 00:57:14,920 --> 00:57:17,120 Speaker 1: you're in. Like Flynn, you can also find this as 920 00:57:17,160 --> 00:57:19,440 Speaker 1: individual human people on social media. I am at how 921 00:57:19,480 --> 00:57:22,440 Speaker 1: now Noel Brown on Instagram and you can find me 922 00:57:22,760 --> 00:57:25,680 Speaker 1: at Ben Bolan hsw on Twitter. Where you can find 923 00:57:25,720 --> 00:57:31,560 Speaker 1: me at Ben Bolan on Instagram. Anybody conspiracy realists, longtime listeners, 924 00:57:31,720 --> 00:57:35,600 Speaker 1: first time listeners, anybody writing the email right now. I 925 00:57:35,760 --> 00:57:38,160 Speaker 1: usually never do this on the fly, but it was 926 00:57:38,240 --> 00:57:41,400 Speaker 1: important to figure it out. I know that the song 927 00:57:41,520 --> 00:57:44,840 Speaker 1: and the Ghostbusters to soundtrack when they're in the Statue 928 00:57:44,880 --> 00:57:48,560 Speaker 1: of Liberty is higher and higher. Your love keeps lifting 929 00:57:48,600 --> 00:57:50,920 Speaker 1: me higher and higher. Feel like you have to Yeah, 930 00:57:51,000 --> 00:57:54,280 Speaker 1: don't feel like you have to send us the Ghostbusters 931 00:57:54,320 --> 00:57:56,920 Speaker 1: hate mail about it. We figured it out. The powerful 932 00:57:57,000 --> 00:57:59,200 Speaker 1: lobby guys. There are some things that even this show 933 00:57:59,320 --> 00:58:01,120 Speaker 1: is not gonna mess with. So you do you have 934 00:58:01,160 --> 00:58:04,120 Speaker 1: any idea how many people have not listened to this 935 00:58:04,440 --> 00:58:11,040 Speaker 1: part yet, but have already written you a message. Oh God, 936 00:58:11,120 --> 00:58:14,240 Speaker 1: don't don't punish. Don't punish us collectively. We we got there. 937 00:58:14,280 --> 00:58:16,840 Speaker 1: We got there at the end, and we do want 938 00:58:16,920 --> 00:58:18,680 Speaker 1: to hear from you. We do want to hear from you. 939 00:58:18,800 --> 00:58:22,320 Speaker 1: If you don't care for social media, that's wholly makes sense. 940 00:58:22,600 --> 00:58:24,360 Speaker 1: You can go old school with us. We have a 941 00:58:24,520 --> 00:58:28,200 Speaker 1: phone number that you can call literally any any time, 942 00:58:28,840 --> 00:58:32,240 Speaker 1: that's right. Our number is one eight three three st 943 00:58:32,520 --> 00:58:35,160 Speaker 1: d w y t K. If you don't want to 944 00:58:35,160 --> 00:58:37,160 Speaker 1: do that stuff though, but you still want to write 945 00:58:37,200 --> 00:58:39,800 Speaker 1: to us with your amazing idea, we're ready for you. 946 00:58:40,200 --> 00:58:43,040 Speaker 1: Just send us a good old fashioned email. We are 947 00:58:43,360 --> 00:59:05,200 Speaker 1: conspiracy at iHeart radio dot com. Stuff they don't want 948 00:59:05,240 --> 00:59:07,560 Speaker 1: you to know is a production of I heart Radio. 949 00:59:07,920 --> 00:59:10,120 Speaker 1: For more podcasts from my heart Radio, visit the i 950 00:59:10,240 --> 00:59:13,120 Speaker 1: heart Radio app, Apple Podcasts, or wherever you listen to 951 00:59:13,160 --> 00:59:13,960 Speaker 1: your favorite shows.