Relatable with Allie Beth Stuckey - Ep 580 ｜ The REAL Reason for High Gas Prices ｜ Guest： Jacki Daily

00:00:00.000 Hey guys, welcome to Relatable. Happy Thursday. This episode, as all our episodes, is brought to

00:00:06.940 you by Good Ranchers American Meat Delivered right to your front door. Go to goodranchers.com

00:00:12.600 slash Allie for a discount. That's goodranchers.com slash Allie.

00:00:16.120 Okay, guys, I am super excited for you to listen to this conversation. It is absolutely amazing.

00:00:33.340 Our guest today is Jackie from the Jackie Daily Show. It's a weekly show actually right here on

00:00:39.460 The Blaze and she talks about energy and oil and climate change and environmentalism and all of

00:00:46.300 this stuff. She can talk about a ton of other things, but this is her beat and she is an expert

00:00:50.740 at explaining the ins and outs and all of it, of all of it. And just a fun little tidbit about her.

00:00:57.780 So when I started at The Blaze, it was called The Blaze, then now it's Blaze TV. But when I started

00:01:04.540 at The Blaze at the beginning of 2017, I don't even remember how exactly I got connected to her.

00:01:11.200 But I knew that she worked at The Blaze. Someone connected us and she was nice enough to meet

00:01:16.600 with me. I hadn't even started really in any of this. I had a little blog. Of course, she had never

00:01:20.780 heard of it. It was called The Conservative Millennial. But she agreed to meet with me at her office and she

00:01:26.460 just asked me what I wanted to do. And she gave me, I remember that day, so much encouragement.

00:01:32.280 She affirmed that she felt like I was a good communicator, that I could do the things that

00:01:38.620 I wanted to do. She doesn't even realize that the encouragement that she gave me and nobody that

00:01:43.760 day, it really did give me a lot of confidence to pursue what I want to do. And now here we are

00:01:48.840 five years later and she is on Relatable on Blaze TV. And so Jackie is a big part of me doing what I do

00:01:57.360 now. And she's just such a sweet lady in addition to being a very knowledgeable and a successful

00:02:02.800 person. And so you're going to love, love, love this conversation and you're going to get a lot

00:02:06.960 out of it. So without further ado, here is our friend Jackie. Jackie, thank you so much for joining

00:02:14.940 us. Thank you. First, let's start with the basics. Why are gas prices so high right now?

00:02:20.420 Okay, so gasoline is derived from oil. It is an oil product. And so when the price of oil goes up,

00:02:27.540 the price of gasoline goes up all the time. No exception. And so when you have, for example, a war,

00:02:35.040 although this started long before the war, but I'll just say this first. Anytime there is a war,

00:02:40.340 typically commodities prices shoot through the roof. Oil and gas, wheat, soy, corn. So what's happening

00:02:47.740 now is piling on hard to the problems we already had, which were pretty difficult to describe and

00:02:54.800 complex, but I'll try. Basically, there are major oil producers in the world, only three, basically

00:03:02.360 Saudi Arabia, Russia, and the U.S. After the fracking revolution, we're back to being a top or the top 0.67

00:03:09.220 producer at good prices. There are lots of other countries that produce, but the bottom line is there's

00:03:15.500 demand. How much does the world need at any given moment? And then there's supply. How much can those

00:03:20.980 suppliers put onto the market to meet that demand? If the supply is low, you have to pay more because

00:03:26.340 there's less of it. If the supply is high, you pay less because you're flooded in it. So this is how

00:03:31.740 gas prices work, generally speaking. Most recently, the COVID shutdown was artificially suppressing

00:03:41.040 demand. People weren't driving. Businesses weren't open. So all of a sudden, the demand

00:03:45.920 for oil tanked. Because of that, a lot of U.S. oil and gas companies went bankrupt.

00:03:51.940 They could not survive this artificial... It wasn't COVID that did. It was COVID policy.

00:03:57.420 It was a shutdown. Probably very ill-advised for as long as it went on. But the point is that

00:04:03.680 now you have less producers in the U.S., which is the top producer of oil. So that oil is missing.

00:04:10.860 We don't have it, for starters. Then, with a war, typically throughout my lifetime and yours and

00:04:17.580 even our grandparents, at least since the advent of OPEC in the 60s.

00:04:22.220 And what's OPEC?

00:04:23.220 The Organization of Petroleum Exporting Countries. Saudi Arabia, Iran, Venezuela.

00:04:29.520 Many countries in that category of petro-state dictatorship doesn't share our values, often

00:04:38.840 hostile to this country. So we can't rely on them to give us oil and gas, even though they

00:04:44.160 control about 70% of the supply. They're a cartel. So in the 60s, they all came together

00:04:49.960 to form the cartel. And from that time forward, if you wanted to spike the price of oil, so you're

00:04:57.320 one of those countries. You can't meet your budget. You need revenues. You want to line your pocket,

00:05:02.740 dictator. All you have to do is start a war. So when you knock off production in another oil-producing

00:05:08.420 country, Iraq, Syria, Iran, wherever, Nigeria, Libya, wherever you can gin up a problem, civil strife

00:05:19.700 or war, and knock them off production, supply comes off, prices go up. So for all of our lives,

00:05:27.680 people like Russia leaders and OPEC leaders have had an incentive to gin up warfare. That's

00:05:35.480 how they make money. That's how they get the price of oil to go up. And this went on until

00:05:40.620 the fracking revolution in the U.S. So for the first time, so much of our existing oil and

00:05:46.880 gas in this country, which was always there, trapped in rock, in shell rock, was viable

00:05:52.480 economically. We could get it out of the rock economically because of new technology that

00:05:58.000 hit really big. It's been around for a while, but it really hit its stride in about 2012 or

00:06:04.000 2014. So all of the American oil patch came alive again from, you know, has been dead since

00:06:10.300 the 80s mostly. Another story, but I don't have time for it. But basically, this is why

00:06:16.960 all this money and all these people poured into the U.S. oil patch to boost our production,

00:06:21.800 taking us from about 5 million barrels a day 15 years ago to about 10 to 11 on a good day.

00:06:29.180 And some people say we get up to 15. That's enough to replace a Russia. But what was important 1.00

00:06:34.480 was it was putting so much oil on the market. The price was coming down, down, down, down.

00:06:39.160 And all these petro-states and people like Putin are going broke. So when the price of oil goes from

00:06:45.260 $100 a barrel down to $26, as it did in 2016, that is Russia-facing state failure. They cannot

00:06:55.620 make their budget. It's the majority of their budget, the majority of their revenues,

00:06:59.840 and even more so for the Gulf states. So this is a crisis for them. U.S. oil production is a crisis.

00:07:07.040 And they'll do anything they can to destroy it, which is why Russia funds our green movement to 0.99

00:07:13.020 fight our pipelines, to fight our fracking. They do the same in Europe, according to the NATO leader

00:07:18.620 Rasmussen. Hillary Clinton said this when she was in the State Department. She's like, constantly,

00:07:25.040 it's what we're up against. The Russians, you know, fracking bad, pipelines bad, and we can't get 0.90

00:07:28.920 anything done. So Hillary's not really a green, you know, she's not really a green movement person.

00:07:34.320 I'm not sure if any of these people really are. It's hard for me to believe that they're honest

00:07:38.640 about it. Many of them are not. Many of them are grifters. There's big money to be made because in

00:07:42.320 the green movement, they dangle this carrot of $2 trillion will be redistributed to green technology.

00:07:50.360 So in D.C., when I was there for seven years on Capitol Hill, everyone and their brother was forming

00:07:56.220 a solar company, a defense contracting company, a wind company to get in line for that. So this is why the

00:08:04.040 West is on board. It's the promise of massive money. And in this massive PR campaign, a lot of

00:08:10.020 the money coming from overseas, from our competitors. They're putting the money in to take out their

00:08:15.680 number one competitor, which is U.S. oil and gas producers. And the reason they have to do this

00:08:20.200 is activism only works in a free country where there's freedom of speech, freedom of press, freedom

00:08:26.100 to assemble and protest. And you can vote in what should be real elections to put your favored candidate

00:08:35.980 in. This kind of activism doesn't work in Riyadh, in Moscow, in China, in Tehran. They couldn't care less.

00:08:43.680 They're going to do what's best for their countries economically to be superpowers. They don't care what the

00:08:49.000 Sierra Club thinks, but they'll sure send the money to battle us. So we're unique in all the world

00:08:55.600 because in this country, our president does not dictate our oil and gas production. It's not up to

00:09:02.760 him. We are the only country where the individual property landowners own the mineral estate or the

00:09:11.240 oil and gas beneath their feet. So literally millions of Americans own our oil and gas, whereas

00:09:16.580 Putin and the Russian government owns Russian oil and gas. The House of Saud owns Saudi Arabian 0.82

00:09:23.180 oil and gas. There are these families that just are at the top, and that is it. But in this country,

00:09:29.500 not only do we own what is beneath our feet, so it's up to us whether to produce it or not. But then

00:09:35.800 you have millions, tens of millions of Americans who are invested in it. So pension funds, mutual funds,

00:09:43.400 ETFs, chances are we're all invested. If you're invested at all, chances are very high you're

00:09:49.100 invested in oil and gas, and you kind of own a part of that because you own equity in those companies.

00:09:54.040 And Exxon or Chevron or Continental or Apache or the thousands of American companies that produce oil

00:09:59.380 and gas. We think of the big seven, which is Exxon and BP and Shell, but they actually don't produce

00:10:05.420 the majority of our oil and gas. It's a bunch of mom and pop shops. I go to the conferences, thousands

00:10:12.160 of companies that produce oil and gas. And Biden can't control them. But what he can do is regulate

00:10:18.580 them out of existence. And he's done that to the best of his ability. There's no more polarized issue

00:10:25.820 in this country than climate, which is energy, which is oil and gas, not race, not abortion,

00:10:33.340 not the border, no climate. So you tell me what you believe about, you know, is climate change an

00:10:40.080 existential threat for which you should hand over all of your paycheck to the government and forfeit

00:10:44.660 our sovereignty to a world body to solve it? If you believe that, I know who you're voting for.

00:10:50.200 If you don't believe that, I know who you're voting for. It's a very clear, you know, cut.

00:10:55.820 Distinction. Distinction. So the point is that Biden can be blamed and should be blamed

00:11:03.660 for what's happening because his policies reversed all the Trump policies, which were

00:11:10.080 hit the accelerator as hard as we can by pulling the EPA off of these companies.

00:11:19.460 That's what Trump was doing.

00:11:21.340 Yeah, that was what Trump was doing. Like his EPA, his Fish and Wildlife Service were being serious

00:11:26.740 about getting these phony, endangered species actions, whether regulatory or in the courts off

00:11:34.580 of people. Because if they say there's an endangered lizard in the biggest oil field in Texas, what

00:11:39.280 they're trying to do is stop the oil production in the biggest oil field in America. That's what's

00:11:44.440 really going on. No one cares about that lizard until they can find it on top of our oil patch.

00:11:48.260 And then someone probably funded by a foreign government is, you know, in an NGO or nonprofit

00:11:52.800 suing inside the government to take all this production offline. This is what's happening.

00:11:57.580 Just to give people another example, I remember talking to some people in Bakersfield, California,

00:12:07.340 because of the Delta smelt. To your point, a really small, tiny fish in the body of water that

00:12:13.100 they needed to use to water their crops. They weren't able to use this body of water anymore,

00:12:19.660 which actually had a huge economic impact and supply impact on California because of environmental

00:12:25.480 agency saying, no, we need to protect this one fish. So sorry, you can't use this water to

00:12:30.240 water your crop. So just to your point, that is absolutely happening. That's what the EPA is doing.

00:12:35.760 And you're saying Trump tried to try to hold that back a little bit, dial that back.

00:12:40.420 His appointees tried to dismiss these actions, these enforcement actions, these lawsuits.

00:12:46.480 And there are a thousand and one ways to do it. It's like there's also, oh, there's a wetland

00:12:50.720 on this oil patch. Somebody found a wetland, boom, off production. Or the Obama administration

00:12:56.980 tried to expand the definition of waters of the United States, which is a way to expand

00:13:02.160 federal jurisdiction by saying that a mud puddle in your property that fills up with water during

00:13:09.300 the rainy season is a navigable water of the United States that they could regulate. It's a thousand

00:13:14.340 and one tricks. I mean, it's going on constantly across tens of thousands of bureaucrats and the

00:13:19.740 federal agencies to try to destroy any U.S. oil and gas production in the name of climate change.

00:13:25.200 And they have a thousand tricks. So the Trump administration tried to roll all that back.

00:13:29.760 And that wasn't really seen much in public. And then the biggest threat I think that's happened

00:13:34.540 is no longer the frack bans like you see in New York State or the pipeline protests, like just the

00:13:40.820 Keystone being one of many. The big threat is called ESG investment criteria.

00:13:46.720 Oh, we know all about ESG on this show.

00:13:50.140 Okay, good. So, so many people don't.

00:13:52.460 Yes.

00:13:52.920 And I went to Washington in 2020 because I used to go to the White House and have some meetings

00:13:58.160 as part of a team and people didn't know what it was in 2020. So this is how quick and how new.

00:14:04.880 I mean, it's an old idea, but it's really hit its stride in the last couple of years.

00:14:09.660 And the idea is environmental social governance is ESG criteria. Basically, it's like a Chinese 1.00

00:14:16.680 social credit score. It's a wokeness score on a corporation. Is it woke enough? And of

00:14:22.580 course, oil and gas is like zero on the woke scale because it's not green. So you're not

00:14:28.480 environmentally sound. Therefore, the bank or the financial institution will not lend you

00:14:34.100 the millions that you need to go explore and develop your wells. So as of like 2019, more

00:14:40.800 than half of the financial institutions that back oil and gas production in this country

00:14:45.420 swore them off and divested because of ESG.

00:14:48.540 Because of their low ESG scores. That's such a good, you know, we just, this will come out

00:14:51.440 on Thursday. We just had yet another conversation on Tuesday about the Great Reset and all of that.

00:14:56.380 This is a really good example for people to understand the consequences of an ESG score.

00:15:01.020 Yeah. So why are your gas prices high? ESG has a lot to do with it. If you can't get any

00:15:06.160 money in the oil patch, you can't operate. It's that simple. And we are a private sector

00:15:11.060 oil generator as opposed to like these other countries, our government. So we don't have

00:15:18.080 any power to compel anyone to give us money to go produce. Our producers are ready to go.

00:15:23.760 They would love to make money at these prices. I mean, there's never been a better time since

00:15:27.780 2008 was the last time to drill and produce and make money. And some of them can't because

00:15:34.200 they can't get the financing that they need. So that's being choked off. And, you know,

00:15:40.240 when Donald Trump was president, he tried to say to the SEC Securities and Exchange Commission

00:15:45.520 and the Department of Labor, which governs where your pensions are invested and was implementing

00:15:52.100 ESG to pull your pensions out of oil and gas and coal and other things, firearms manufacturers

00:15:59.760 and payday loan lenders and all that. You know, Trump said, no, we are not doing that.

00:16:05.800 We're going to abide by the law, which says that you must look out for the returns of the 1.00

00:16:11.840 retiree. You don't get to play politics with their money. What you have to care about when

00:16:16.340 you're regulating is whether or not we're getting returns. So being diversified is important,

00:16:20.480 including in energy. And so that reversed ESG during the Trump administration inside the

00:16:26.480 Department of Labor and inside other, there are many agencies actually this touches on.

00:16:30.680 Yes.

00:16:30.980 And then Biden immediately reversed that. So there are so many ways that are not seen and not debated

00:16:38.000 because Congress is like the theater. Congress is the opera. It's the soap opera. It's the shiny

00:16:44.760 object. But the real dirty work is done inside the agencies by unelected bureaucrats that you can't 1.00

00:16:50.440 get rid of. Trump couldn't get rid of. They are the deep state. They are the C-level appointees.

00:16:56.940 They're just, they're there for life. They're committed. They're ideologues. It doesn't matter

00:17:02.620 who's president. And we need some serious civil service reform to be able to fire those people. 1.00

00:17:07.900 And one of the ideas for getting rid of this lot was moving all the federal agencies out of DC

00:17:14.280 and into real America next to the problems they're supposed to be solving. I said, let's send DHS

00:17:21.240 to Nagadoches, Arizona, the highest crime rate, you know, for border crime at the time, way back then.

00:17:28.460 Let DHS, you know, people who like to do the DC cocktail parties go out to Nagadoches and live in

00:17:34.760 the center of the problems they're creating. So true. Yeah. Or, you know, send them to Mino, 0.67

00:17:40.020 North Dakota, average temperature negative seven or something. Someplace that isn't sexy. Someplace

00:17:45.940 that gets them out of the beltway bubble and into real America. And that would have forced a lot of

00:17:53.040 retirements right there. So there are some things that the Biden administration has done, just kind

00:18:01.900 of reiterating your point, that people have questions about because there's a debate. Obviously, the

00:18:06.440 Biden administration, I've seen some sources that they call themselves unbiased, but really they're

00:18:11.520 liberals saying, you know, Biden has no control whatsoever over the price of gas. There's nothing

00:18:18.360 that the Biden administration could do at this point to lower the price of gas. The keystone

00:18:22.880 XL pipeline would have taken years to build. So that's not going to have an effect on it.

00:18:28.440 Jen Psaki said, she said recently, you know, there's plenty of leases right now. There are

00:18:34.820 plenty of people who can start producing gas if they want to. And in fact, I think we have a clip

00:18:39.460 where she basically belittles this idea that their administration could do anything to have an

00:18:45.260 effect on this. So let's play that exchange if we can. Would President Biden ever undo his executive

00:18:51.100 border that stopped the construction of the Keystone XL pipeline? Are you suggesting that would solve

00:18:56.560 the gas prices issue? Well, do you think that that would maybe affect prices faster than getting the

00:19:02.820 whole country off of fossil fuels? I actually don't think it would. The Keystone was not an oil field. It's a

00:19:10.300 pipeline. Also, the oil is continuing to flow in just through other means. So it actually would have

00:19:17.180 nothing to do with the current supply. So is that true? Is it true that the Biden administration

00:19:22.800 basically has their hands tied and they can do nothing to help the situation?

00:19:26.400 That's completely and totally false. So either she doesn't know what she's talking about,

00:19:29.760 or it's a bold, brazen lie. I mean, I would say there's a very good chance she was an English major

00:19:34.700 at William & Mary. She probably knows nothing about oil and gas. So she gets a handful of talking

00:19:38.420 points that say almost nothing. And she says almost nothing. No, it's completely false. And so

00:19:45.020 if he had not on the day one of his administration blocked that pipeline, you know what? We might be

00:19:51.020 really close to having it complete. And actually, if previous administrations like the Obama

00:19:56.000 administration hadn't spent six years shutting down these international pipelines from Canada to

00:20:00.720 the U.S., they've been done years ago. There's no excuse for being in this position. This is not just

00:20:06.000 the Biden administration. It's years of bad planning and bad policy, kowtowing to a green movement that's

00:20:12.340 not really green. And that's a different show. I could do a whole show on that. But most of the people

00:20:18.060 are well-intentioned, but this just doesn't work. Her defense of the State of the Union address

00:20:24.140 contrasts sharply with what she just said. She said, we're putting up 500,000 electric vehicle

00:20:30.260 charging stations by 2030. We have 2 million miles of pipeline in this country, and we can have a whole

00:20:38.440 lot more if only they would get out of the way at the federal level. And the states are a problem too

00:20:43.800 sometimes. But the point is, she thinks 2030 and charging stations are a solution for a problem that

00:20:50.780 we could fix so fast. What we need right now is about $15 billion pumped into the oil pouch

00:20:57.660 immediately, an investment. And we could get our levels by the end of the year back up to about

00:21:03.300 2019 levels before the shutdown. So it can't happen overnight. I mean, it's easy to shut down a well

00:21:10.000 and say, we're not making money or whatever's going on. Let's just pause. But to ramp it back up,

00:21:15.060 get the team back up, get the money, have the certainty, have the infrastructure, which is pipelines,

00:21:19.520 to get your product from where you are to where it needs to be timely without shutdowns from

00:21:24.400 activists protesting or whatever that you can't predict. The political risk in this country is

00:21:28.780 crazy for people in oil and gas. It's a big gamble because these are high investment dollars going in.

00:21:36.700 There are a thousand things that they could be doing. And to pretend, I mean, she probably doesn't

00:21:42.420 know any better. Yeah. I just think Jen Psaki doesn't know what she's talking about. I'd say that 1.00

00:21:46.300 before I would say she's intentionally lying to you. She probably has no idea what she's saying.

00:21:50.040 Yeah. I want to play you this short clip, speaking of just completely nonsensical solutions of Pete

00:21:55.980 Buttigieg. We also played it on Tuesday. Him suggesting, well, why don't people just buy

00:22:00.980 electric cars? That'll solve this problem. Here he is.

00:22:04.340 Last month, we announced a $5 billion investment to build out a nationwide electric vehicle charging

00:22:08.920 network so that people from rural to suburban to urban communities can all benefit from the gas

00:22:15.160 savings of driving an EV. Is that a solution to high gas prices?

00:22:19.760 This drives me crazy. So much is wrong with that statement from start to finish. Number one,

00:22:24.380 we don't have time to build out all this stuff. We need to use what we have right now in place

00:22:28.300 already for the immediate crisis. Does he understand there's a war going on that could quickly

00:22:33.720 explode into something much bigger? Does he understand it? We don't have time for this.

00:22:39.820 Second, he clearly doesn't understand that electric vehicles are made from oil.

00:22:44.460 Every piece of them are made from oil. The fiberglass, the paint, the battery, everything is

00:22:51.900 made from oil. Moreover, I mean, the battery components themselves are made of rare earth

00:22:56.380 elements, the supply chain of which is controlled by China. He's giving more supply chain control to

00:23:01.660 China. The Germans are doing the same. Right now, they're doubling down in the middle of this war. 0.69

00:23:05.380 Like, oh, this is a great time to build more solar and more electric vehicles. No.

00:23:08.640 Because they're like, you know, we control our solar. You know, Russia controls the natural gas. 0.67

00:23:13.740 They have the gas. We control the solar. No, you don't. China controls the solar and the electric

00:23:18.860 vehicles. And by the way, Germany is sitting on top of a sea of natural gas that they refuse to frack

00:23:22.900 because the Green Movement succeeded in getting them to commit suicide and become totally dependent 0.71

00:23:28.260 on the Russians. And that's what's happening here, too.

00:23:30.060 Yeah. Which is disgusting. There's no excuse for this. And by the way, Buttigieg, the electric vehicle

00:23:37.660 runs on electricity. Has he stopped to ask, what is electricity made from in this country?

00:23:44.540 In some countries, it's made of oil. Not this one. It's made of natural gas, which is also a hydrocarbon,

00:23:50.260 same as oil. It's made from coal. Those are the two biggest contributors. An electric-powered vehicle

00:23:56.040 is a fine thing. But it's a coal-powered vehicle. It's a natural gas-powered vehicle. Those are

00:24:01.820 hydrocarbons just like oil. They're fossil fuels. They're oil, gas, and liquid forms are the same

00:24:06.740 thing. Now, natural gas burns cleaner. That's true. But also, it's a nuclear-powered vehicle.

00:24:15.160 Less than 10% of this country's energy, electricity, comes from wind and solar. After all these tens of

00:24:20.880 billions of dollars that you've paid in your tax bill and your electric bill,

00:24:24.420 to subsidize it. And it only works a third of the time in good times. In bad times, like the Texas

00:24:31.880 freeze, wind collapsed to 1.5% of its capacity. Complete no-show when you need it most. That is

00:24:39.320 the hallmark signature trait of wind and solar. If there's a hurricane, oh, sorry, we got to shut down

00:24:44.480 the wind turbines so they don't get damaged. You don't get much sun on a solar panel in the middle

00:24:49.520 of a hurricane. When you need them most is when they're absent. And it's not dispatchable. It's

00:24:56.700 not reliable. You can't store it as of yet. Someone will invent that someday, but we can't make plans

00:25:02.340 based on what might happen someday 20 years from now. So is there any truth to what environmentalists

00:25:08.700 say that oil and fracking is bad for the environment? To people who are out there who are skeptics, say they

00:25:14.320 think that they're environmentalists. And they say, OK, well, Jackie, then what is the solution?

00:25:20.900 OK, so we have to start with some assumptions. I would back up to the very first assumption

00:25:26.740 that that climate change is an existential threat. OK, this is false. People call me a denier. That's

00:25:33.540 ridiculous. I don't even know anyone who denies climate change. It's happening. It's happened since 0.90

00:25:37.400 the beginning of time for as long as recorded history can tell us. It's natural. And we contribute.

00:25:43.600 We exhale, in fact. Just exhaling contributes. Being alive contributes. Yeah. So we're the enemy,

00:25:50.260 I suppose, in their eyes. But that's a whole other conversation. Yeah. But there's nothing to be

00:25:56.640 afraid of. They're really, really, really good news that no one's talking about, except maybe Obama's

00:26:02.900 former deputy secretary of energy, Steve Coonan, who wrote a book called Unsettled. He's amazing.

00:26:08.960 Get the book, Unsettled, is this. I saw him give a presentation here in Dallas. Here's just one

00:26:15.040 example. He said he took the top 27 climate models. People think there's one that's catastrophic. No,

00:26:21.980 there are many, many, many, many. He took the top 27, averaged them, and then compared what they

00:26:27.660 projected for the past 10 years to actual temperature rise. So how did the theory or the model compare to

00:26:35.320 the actual? He found the models overshot warming by 45%. So we're 45% better off than the average

00:26:45.780 model suggested. Now, I will tell you, I suspect the press only cites to the most extreme top five

00:26:53.280 models, right? The worst case scenario, because that's what sells, is fanaticism and scaring people

00:26:59.180 if it bleeds, it leads. And so if you took the top 5% and averaged them and compared them to the

00:27:04.480 actuals, they're probably, I'm guessing, about 80% above what they said we would be. So the first issue

00:27:09.860 is global warming is not anywhere near what we've been sold. Like, not even close. This is nothing that

00:27:16.140 mankind cannot manage. We've got this. We've totally got this. This is not something to lose sleep over.

00:27:21.260 This is not something to not have children over. This is not something to wreck your economy and

00:27:26.720 go back to living Amish over, because that's what would be required. To sign your liberty away over, 1.00

00:27:30.600 because that's really kind of what's behind it, not just the money, but also if people believe that

00:27:34.180 they're in an existential crisis, and if you just give enough power to the government, just like in

00:27:38.820 any other crisis, then they will be able to solve this for you. And for future generations,

00:27:44.160 people are going to be willing to do that. That is also why the press, why liberal politicians

00:27:50.320 use the most extreme models to try to say, we are in this existential crisis.

00:27:55.440 Totally. They're going to exploit this to the hilt and do everything they can to concentrate power

00:28:00.240 in Washington. So watch the politicians, right? There's kind of a divide in the country. One side

00:28:06.460 does everything it can to concentrate power and money in the hands of a few in Washington, D.C.

00:28:12.600 The other side does everything they can to decentralize power and money into the states and the local

00:28:18.260 governments, because it's less dangerous, right? Like nothing's more dangerous than government.

00:28:24.140 Only government can draft you into a war and drop you into a triple canopy jungle or round you up and

00:28:32.140 commit a genocide or take away your freedom under false pretenses and throw you in a cage for the 0.97

00:28:38.000 rest of your life in a prison. I mean, government is very powerful. As Elon Musk said, it's the biggest

00:28:42.720 corporation and has a monopoly on legal violence. So some of us are saying, wait a minute, how about we

00:28:50.980 not hand over our money and our sovereignty and our rights to a handful of people who obviously don't

00:28:57.040 know what they're doing and can't be trusted? That's the American heritage. You don't trust the 0.99

00:29:02.920 government. That's what it's all about. And so we don't have a problem that we can't handle.

00:29:08.240 Absolutely. Climate change is happening. I think it's an interesting conversation. I enjoy it. But

00:29:14.060 this is not, do not let fear be the driver. As soon as you get into the fear mode,

00:29:21.380 thinking shuts down. It's proven. So don't let them do that to you. Become educated. I said,

00:29:27.480 you know, there's so many great books out there, but I think Steve Kunins is the best. I mentioned

00:29:31.660 Unsettled because he holds three department chairs at NYU in physics. And I don't even know what all this

00:29:38.000 guy's like a genius. And he's a Democrat. And he just tells you the truth. Yeah. Don't be afraid.

00:29:49.660 I just, I know that we have to close out, but I know people are still wondering, like, why? Why

00:29:55.860 does it seem like the Biden administration continually puts America last in different ways,

00:30:00.520 but especially when it comes to this policy? You mentioned kind of in passing Putin funding

00:30:05.220 environmentalists because it does put America last. It weakens America, makes us rely on these

00:30:10.160 regimes, including Russia for oil and gas. And here is the energy secretary under Biden,

00:30:15.760 basically admitting that what we're trying to do is get away from oil and gas altogether.

00:30:20.680 And we're working through. We're working through an energy transition and we've got to start by adding

00:30:27.540 energy. And the reality is we have to take some time to get off of oil and gas. We recognize this.

00:30:35.040 This is a transition. So basically, I think she's saying that these are these are transitional pains

00:30:41.180 and we're just going to have to kind of be OK with this, not relying on our domestic resources

00:30:46.220 with prices going up. This is the way it's going to be. There is a another nominee under Biden saying

00:30:51.460 that they want to bankrupt the oil and gas industry all in the name of climate change.

00:30:56.960 What do you think about that? So this is fantasy. And I mean, any credible authority,

00:31:01.760 whether it's the U.S. Energy Information Administration or whether it is the International Energy Agency

00:31:06.280 or the BP Statistical Review or whatever you want to look at, says we're still going to be 80 percent

00:31:11.520 dependent on fossil fuels in 2040. That is the reality. So there is no technology that can take

00:31:18.580 its place. It is not physically possible with the technology we have now. Five years from now,

00:31:24.500 I don't know what someone invents. But for now, there is not enough renewable energy in the world

00:31:32.440 to even begin, even begin to make this transition they're talking about like it's happened, started 10

00:31:39.080 years ago. I don't even know where to start. But basically, I saw a study that last year,

00:31:45.560 according to the Energy Information Agency, all of our battery storage for wind and solar could run

00:31:49.940 New York City for 45 minutes. Wow. Yeah. Like, I mean, like, get real. I mean, this is not the real

00:31:55.260 world. And if we keep restricting oil and gas to the third or the undeveloped world, they will remain

00:32:01.900 in abject poverty. I mean, they're never turning that around without oil and gas or coal or nuclear

00:32:06.680 as the reliable forms of energy. So you're just saying you're going to leave them in that condition

00:32:11.080 and make us less wealthy or less secure and more open to our enemies.

00:32:18.160 This is the world demand for oil goes up every single year. As I've been saying on my show for

00:32:25.320 years and years, this doesn't change for as long as population continues to grow. And as long as the

00:32:29.500 populations that already exist demand a more modernized and motorized life as time goes on,

00:32:35.040 like in China, especially, or in India, which are both have more than a billion people,

00:32:39.500 we need more, far more oil and gas and coal and nuclear, not less, which is why the Chinese are 1.00

00:32:45.980 they have the smartest energy policy on earth. Okay. They're still building coal plants,

00:32:49.900 right? The second as we speak, they're still building natural gas, anything they can do,

00:32:54.480 because they're not crazy. They're not going to starve their people because of these unproven or

00:32:59.880 disproven theories of existential threat from climate change.

00:33:04.000 They're also building the solar panels and the windmills because just make as much money as

00:33:10.200 possible through whatever means possible is basically what they're doing.

00:33:13.300 Especially when you monopolize the supply of the rare earth elements that are required to build it.

00:33:17.680 Of course, you're going to promote it. Of course, you're going to build it and you're going to go

00:33:20.140 talk the talking points because why the heck not weaken the United States if you can? I mean,

00:33:25.880 the Chinese had the best energy policy. Seriously. And they go to the other poor countries in South 1.00

00:33:30.620 America. And as we've talked about before, and in Africa, they put these poor countries in debt

00:33:37.160 traps. They say, you know, we'll make you an airway Ethiopia or a railway Ethiopia, but we want access

00:33:45.140 to your natural resources. And so and then they are caught in this debt trap. And then they have access

00:33:52.520 to this oil in poor countries around the world while they are also helping convince and supply

00:33:58.900 rich countries like the United States with this with these green energy tools. Wow. What a racket.

00:34:05.700 I can assure you there is no transition going on in China, India, Russia, OPEC because they're too

00:34:11.080 smart for that. They probably created this ESG stuff in the first place. In fact, some of the Gulf states

00:34:15.840 for sure are behind some of the organizations that are pushing it out and destroying U.S. oil and gas.

00:34:20.800 I mean, so we can either open our eyes and live in the world of the real, deal in the world of the

00:34:25.480 real or or not. And so the two administrations and I'm not being partisan. I'm just telling you policy.

00:34:32.580 Trump and Biden were polar opposites. Yeah. This is how we know Russia would never aid and abet Donald

00:34:37.660 Trump in an election. That would be suicide. Yeah. That would be state failure. Never in one million

00:34:43.140 years. Biden's their guy. Burisma in Ukraine, the Chinese oil deal that the Bidens did. They're aiding and

00:34:48.900 abetting foreign oil and gas and warring against our own. That's what they're doing. 0.91

00:34:53.420 Yep. Absolutely. Man, there's so much more I could ask you. Thank you so much for taking the time to

00:34:58.760 explain all of this. You did it in very simple terms. I know there's a million more things that

00:35:03.320 you could tell us. We'll have to have you back on at some point to talk about just the farce that is

00:35:07.980 the whole green energy, green movement. I would absolutely love that. Thank you so much. Where can

00:35:14.480 people find you just quickly? So I have the Jackie Daly show, which is here on The Blaze. You can find

00:35:19.000 it online. It's on iHeartRadio, Spotify, iTunes, TheBlaze.com, forward slash radio and on the dial

00:35:25.460 here in Texas. And then find me at Jackie Daly host on Twitter. That's Jackie with no E.

00:35:32.560 Daly is an everyday host. Thank you so much, Jackie. Thank you.

Relatable with Allie Beth Stuckey - March 10, 2022

Ep 580 ｜ The REAL Reason for High Gas Prices ｜ Guest： Jacki Daily

Episode Stats

Summary

Transcript