The Charlie Kirk Show - September 12, 2023


Joe Biden's War on Oil...and Ceiling Fans? with Harold Hamm and Tim Stewart


Episode Stats


Length

33 minutes

Words per minute

169.56265

Word count

5,751

Sentence count

429

Harmful content

Toxicity

8

sentences flagged

Hate speech

4

sentences flagged


Summary

Summaries generated with gmurro/bart-large-finetuned-filtered-spotify-podcast-summ .

Harold Hamm has been a pioneer in the oil and gas industry for over 50 years. He is the author of the best selling book, Game Changer, which details the history of horizontal drilling and the revolution that made the United States energy independent.

Transcript

Transcripts from "The Charlie Kirk Show" are sourced from the Knowledge Fight Interactive Search Tool. Explore them interactively here.
Toxicity classifications generated with s-nlp/roberta_toxicity_classifier .
Hate speech classifications generated with facebook/roberta-hate-speech-dynabench-r4-target .
00:00:00.000 Hey everybody, today the Charlie Kirk Show, Energy, Energy, Energy.
00:00:04.000 An energy legend, Harold Hamm joins us to talk about what is happening with American energy, oil and natural gas.
00:00:12.000 It is the life source of our nation, and we are destroying it.
00:00:16.000 Email us as always, freedom at charliekirk.com.
00:00:19.000 Subscribe to our podcast by typing in Charlie Kirk Show.
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00:00:26.000 That is tpusa.com.
00:00:30.000 Start a high school or college chapter today at tpusa.com.
00:00:35.000 As always, you can email us freedom at charliekirk.com and get involved with our student movement at tpusa.com.
00:00:43.000 That is tpusa.com.
00:00:47.000 Buckle up, everybody.
00:00:48.000 Here we go.
00:00:49.000 Charlie, what you've done is incredible here.
00:00:51.000 Maybe Charlie Kirk is on the college campus.
00:00:53.000 I want you to know we are lucky to have Charlie Kirk.
00:00:56.000 Charlie Kirk's running the White House, folks.
00:01:00.000 I want to thank Charlie.
00:01:01.000 He's an incredible guy.
00:01:02.000 His spirit, his love of this country.
00:01:04.000 He's done an amazing job building one of the most powerful youth organizations ever created, Turning Point USA.
00:01:10.000 We will not embrace the ideas that have destroyed countries, destroyed lives, and we are going to fight for freedom on campuses across the country.
00:01:19.000 That's why we are here.
00:01:22.000 Brought to you by the Loan Experts I Trust, Andrew and Todd at Sierra Pacific Mortgage at andrewandTodd.com.
00:01:31.000 Joining us now is someone I have known for years who is a legend, an outright legend.
00:01:37.000 And his book is called Game Changer.
00:01:39.000 You should check it out.
00:01:40.000 It's by Harold Hamm, and he has done amazing things for our country, as well as being the pioneer in the oil and gas industry.
00:01:49.000 Honestly, I consider that to be heroic, unlike the media.
00:01:53.000 Mr. Hamm, welcome to the program.
00:01:55.000 Hey, Charlie, good to be with you.
00:01:57.000 Appreciate you and all you do.
00:01:59.000 Thank you.
00:02:00.000 Thank you.
00:02:00.000 So I want to talk about your book, but first, I think it's helpful to just tell your story to our audience.
00:02:06.000 You've really been the pioneer the last 50 years to help secure America's energy independence.
00:02:12.000 You wrote a whole book about it.
00:02:13.000 Please tell us about it.
00:02:15.000 Well, thanks, Charlie.
00:02:16.000 It just goes back a long ways.
00:02:19.000 You know, I started this company when I was 21 years old and built my whole career and this company as well over a long period of time.
00:02:30.000 And so I saw a lot of changes within the industry.
00:02:34.000 And one of those, of course, is horizontal drilling.
00:02:39.000 And everybody wonders how this industry has changed over so quickly when everybody thought we were in terminal decline with production falling and eventually being produced out here in America.
00:02:56.000 And it was long since beyond the peak of production in the country and how we turned that around and basically triple crude oil production and quadruple natural gas production and did it within a 20-year time span, if you will.
00:03:15.000 So it's been a wonderful ride, a wonderful change.
00:03:19.000 And one thing happened from people like myself and others that made this happen through new technology and innovation called horizontal drilling that brought all this about and made it possible to bring America energy, make it energy independent again, and the leader in the world in both oil production and natural gas production.
00:03:45.000 So that's the book, Game Changer.
00:03:49.000 And a little bit of it is about me, but it's not a me book.
00:03:53.000 It's about an industry book and how this took place.
00:03:58.000 And it's been, you know, you write one of these books and you never know about the readability of it, whether it's going to be easy read or tough read or going to be fun read or not.
00:04:10.000 But actually, this luckily turned out to be a fun read.
00:04:15.000 And we've had great response and it's become a bestseller in so many aspects.
00:04:22.000 So I want the audience to understand this is a very tough industry.
00:04:26.000 And Harold, when you started, correct me if I'm wrong, you were considered to be a wildcatter, right?
00:04:30.000 So you were in kind of the space where it was a lot of risk, a lot of potential reward.
00:04:36.000 And this was literally the Wild West of oil and gas exploration.
00:04:40.000 Walk us through that.
00:04:41.000 I think for a lot of our younger listeners that are entrepreneurs, this story is extraordinary.
00:04:46.000 Well, thank you, Charlie.
00:04:48.000 With me, it's been nothing less than extraordinary.
00:04:51.000 It's certainly been extraordinary.
00:04:54.000 Coming out of high school, I was inspired by my surroundings there in Enond, Oklahoma, home of Champlain Petroleum.
00:05:02.000 And there was an oil and gas boom going on, if you will, with the Sander Trend oil field there.
00:05:09.000 And I decided that's what I wanted to do.
00:05:11.000 That's what I wanted to become, was an explorationist, oil and gas explorationist.
00:05:17.000 And so that's where I went.
00:05:20.000 I couldn't go to college out of high school.
00:05:24.000 So I went to oil field.
00:05:27.000 And anyway, 10 years later, I actually got a chance to go to college.
00:05:34.000 But I learned from people and I learned the skills of the industry from a lot of people that mentored to me over that period of time and maybe got lucky.
00:05:47.000 I say I am lucky.
00:05:49.000 Last of 13 kids, my parents were sharecroppers and they could have stopped at 12.
00:05:56.000 I wouldn't be here.
00:05:58.000 So I'm lucky in a lot of regards.
00:06:02.000 And anyway, with my first ideas, geologic ideas, I found oil field and started building production.
00:06:13.000 And so it was, that's what you lived off of, geologic ideas and concepts and taking risk.
00:06:25.000 And certainly that's still what we do in this industry, but to a lesser extent, perhaps, than we ever did before, because a lot of us because the technology that we've developed and our ability to produce the source beds themselves, the shales, where oil and gas come from.
00:06:48.000 And anyway, it's less, perhaps less of a risk now than ever before.
00:06:55.000 But there's still a lot to this business and a lot of risk associated with it.
00:07:01.000 It's a very important issue.
00:07:02.000 I honestly wish our politicians would talk more about oil and gas and be proud of it.
00:07:08.000 They've allowed the lies from the green movement and the climate alarmists to really create, in my opinion, too much timidity around the assets we have here in America and really why we should be exploring them and using them.
00:07:22.000 President Donald Trump, thanks to your advice, by the way, I just hope everyone understands.
00:07:25.000 Harold Hamm was one of the first major supporters behind Donald Trump.
00:07:29.000 You brought him to an OU football game, if I remember correctly.
00:07:32.000 You raised money for him when other people didn't.
00:07:33.000 And you were his number one advisor on energy.
00:07:35.000 And he took a lot of your advice.
00:07:37.000 And I was in the room many times when he said, oh, and Harold here, you know, he knows he got America to be energy independent.
00:07:44.000 We're losing that footing, which is bad for geopolitics and many other reasons.
00:07:48.000 Walk us through that, Harold, because we had four years of really an energy renaissance where we got to a place where it was almost too good at times.
00:07:57.000 The price of oil got too low.
00:08:00.000 So, Harold, walk us through that.
00:08:02.000 Well, thank you, Charlie.
00:08:03.000 I did, you know, once I explained to Donald Trump, he wanted to know what the energy renaissance was all about.
00:08:12.000 And I explained to him about horizontal drilling, and he quickly got it.
00:08:17.000 He said that, you know, this could actually be the driver of the U.S. economy, couldn't it?
00:08:24.000 And I said, yes, it could.
00:08:26.000 And certainly it did and has been, and is a very, very important part of who America is from social and economic fabric.
00:08:38.000 And so are we losing that?
00:08:42.000 We actually got to be energy independent in 2019.
00:08:47.000 And yes, we fell back below that just slightly.
00:08:52.000 Basically, on a BTU basis, we're there, but it's barely, we're barely able to hang on to it with a lot of the policies that's been handed down.
00:09:03.000 So when I look and I hear people talk about the relative decline of America and its sphere of influence around the world and what's happening, and part of it is because this administration disclaims our energy renaissance that would be the envy of the entire world that's been created here in America.
00:09:28.000 And this administration doesn't want anything to do with it.
00:09:33.000 You know, let's tell the truth here.
00:09:35.000 This is what made America great, continues to make America great, and certainly should be owned.
00:09:43.000 I mean, this is going to be around the next hundred years, folks, oil and gas, and for awfully good reason of what some of us risk takers have done to create this energy renaissance in the world right here in America.
00:10:00.000 And so anyway, it kind of sickens me to see how this administration has gone off and left field on energy.
00:10:10.000 It is suicidal for the civilization.
00:10:13.000 And if this administration wanted what's best for America, they would use every asset at our disposal, and we're ruining it.
00:10:21.000 And it's on our anniversary of 9-11.
00:10:23.000 This is very relevant.
00:10:24.000 This has geopolitical implications.
00:10:27.000 The book, I encourage all of you guys to check out Game Changer by Harold Hamm, America's oil and gas champion from the wonderful state of Oklahoma, which is the only state in the country to say that every county voted for Donald Trump.
00:10:39.000 That's pretty amazing.
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00:10:50.000 You know, people ask me, they say, Charlie, how do you keep your energy up?
00:10:53.000 How do you just keep on pushing?
00:10:55.000 Look, part of it is diet nutrition, but I'll be honest, I take supplements really seriously.
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00:11:41.000 I mean, honestly, my word should be good for something, but fact-check me.
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00:11:48.000 I wake up better than ever before.
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00:12:28.000 So, Harold, can you just walk our audience through how significant the American mineral, let's say, blessing is?
00:12:35.000 I don't think we quite understand.
00:12:37.000 You could say that we're the Saudi Arabia of natural gas.
00:12:39.000 I mean, just we keep discovering even more, not just in the Balkan, but the Permian and the Marcellus.
00:12:44.000 What have we been blessed with here in America?
00:12:47.000 Well, fortunately, we're blessed with a lot of sedimentary rock that contain oil and gas.
00:12:53.000 So, that's a wonderful thing, Charlie.
00:12:56.000 Yeah, that was, you know, the Saudi Arabia of America.
00:13:01.000 That article was written by Stephen Moore, you know, with an interview that I gave to him when he was at the writer for the Wall Street Journal.
00:13:11.000 That was 2011.
00:13:14.000 Basically, that was kind of a preview of what we were doing and what was possible with horizontal drilling, you know, at that time going forward.
00:13:24.000 And, you know, a lot of people were kind of shocked by that.
00:13:28.000 They thought, wow, what's he talking about?
00:13:32.000 But here we are, you know, when you look forward to 2023, a dozen years later, and we're the number one producer of crude oil in the world, number one producer of natural gas in the world.
00:13:49.000 And who thought we could be there and do that?
00:13:52.000 Only a few of us were involved in what we were doing at the time, and that was with horizontal drilling.
00:13:59.000 And back then, there wasn't everybody doing it.
00:14:02.000 Today, everybody is basically involved.
00:14:06.000 And it's an entire transformation of our industry has been transformed with this technology of horizontal drilling.
00:14:17.000 The ability to drill down two miles, turn right, turn left, go two to three miles, then reservoirs that normally wouldn't produce if drilled vertically that contained hydrocarbon but had low permeability and porosity, and we call them tight reservoirs, yet could give up tremendous amounts of oil and gas.
00:14:42.000 And so that's transformed the industry.
00:14:44.000 So it's not your grandfather's oil and gas company that you could think about back in the 70s and 80s or the 50s that basically built this country that we have.
00:15:01.000 So it's completely changed.
00:15:04.000 It's, as I say, transformative, and it certainly is.
00:15:09.000 I'll give you an example today.
00:15:11.000 Basically, we're able to hold flat production in the U.S. with some 600 rigs, drilling rig, compared to in the boom of 1981, there was 4,580 rigs running in the U.S.
00:15:28.000 So that's the degree of transformation that we're talking about here.
00:15:34.000 So will oil and gas be here a heck of a long time?
00:15:39.000 Absolutely.
00:15:41.000 Our ability to produce the source beds themselves, the shales. 0.56
00:15:47.000 Heretofore, for the past 150 years, we've lived on what leaked off through natural fracturing of those underground reservoirs.
00:15:57.000 What the 15% or so, as you find out with geosciences, that leaked off those reservoirs over time.
00:16:09.000 And that's what we've been producing up till now, but actually able to produce a source bed.
00:16:15.000 So will we have oil and gas production for another 100 years?
00:16:20.000 Absolutely.
00:16:22.000 And it's nothing short of miraculous, if you will.
00:16:26.000 The book is called Game Changer by Harold Hamm.
00:16:29.000 I encourage our audience to look at it.
00:16:30.000 Harold, excellent work.
00:16:32.000 Hope to see you soon.
00:16:33.000 Thank you so much.
00:16:34.000 Thank you, Charlie.
00:16:35.000 Appreciate all the great work that you're doing.
00:16:37.000 So continued, young man.
00:16:39.000 You just got a little bit older.
00:16:40.000 Just a little bit.
00:16:41.000 Yeah.
00:16:42.000 I'm getting too old for this, Harold, but onward we march.
00:16:45.000 So thank you.
00:16:47.000 Thank you.
00:16:51.000 Hey, everybody, Charlie Kirk here.
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00:17:53.000 Joining us now is Tim Stewart, president of the U.S. Oil and Gas Association.
00:17:58.000 A great pairing with the conversation with Harold Hamm.
00:18:02.000 Tim, thank you for joining us.
00:18:03.000 Is it true that ceiling fans are now being targeted?
00:18:08.000 What is this all about?
00:18:10.000 So, you know, Charlie, when they tell you something isn't going to happen, I've decided with this administration, you better bank on that it's going to happen.
00:18:17.000 And we've seen this with gas stove and other natural gas appliances where the administration has taken a very concerted effort to, through the regulatory process, to restrict manufacturers' ability to produce good products the consumer wants.
00:18:33.000 The ceiling fan thing was a surprise to a lot of us.
00:18:36.000 You know, we've been fighting the fight with gas stoves and furnaces and air conditioners and portable generators and things like that.
00:18:43.000 But I don't know how much energy efficiency you can squeeze out of a tiny little ceiling fan.
00:18:47.000 It's really quite concerning because, frankly, it's a consumer choice issue and administration is trying to take away that choice.
00:18:52.000 So what is the premise here?
00:18:54.000 They want to get rid of fans on the ceiling.
00:18:58.000 I mean, what is their argument?
00:19:00.000 Yeah, that's a great question.
00:19:02.000 You know, when Biden administration came in in January of 2021, one of the many things that they did, which was actually below the radar, because we're all paying attention to the Keystone XL and the leasing issue, was they sent out an executive order to the Department of Energy to go back and revisit all of the regulations and all of the energy efficiency requirements that they had applied on appliance manufacturers under the Trump administration.
00:19:26.000 And DOE, the politicals in the DOE, came back and said, you're right, we're going to go after these new about nine different appliances because we think we can squeeze more energy efficiency.
00:19:35.000 And or we can restrict the type of, In particular, gas stove issue, we restrict the use of fossil fuels for things like water heaters and furnaces.
00:19:43.000 That's really what's going on right now.
00:19:45.000 The ceiling fan issue is just the one thing that we're we all have ceiling fans in our houses.
00:19:50.000 We may not have gas stoves, but it begins to impact everybody, and particularly the small manufacturers that impacts.
00:19:56.000 So, this is just kind of this, what I would call a crusade on domestic convenience items, the gas stoves, ceiling fans.
00:20:06.000 This is awfully strange, nanny police state under the guise of climate change and climate emergency.
00:20:15.000 So, build that out for us.
00:20:16.000 This is incredibly particular selection of items.
00:20:20.000 It really is.
00:20:21.000 And I will from the primarily from the natural gas appliance issues.
00:20:26.000 They hate fossil fuels.
00:20:27.000 They've made that known really from day one and before.
00:20:30.000 And so, there's a two-pronged attack here, is what we see: on one hand, the federal government can regulate energy efficiency for appliances and appliance manufacturers.
00:20:40.000 And they've been able to squeeze a total of nine cents a month out of the new natural gas stove regulations.
00:20:46.000 Nine cents a month is what they had to come back and revise their estimates about.
00:20:50.000 The other prong of the attack that we are dealing with, frankly, is at the local level, where local governments, primarily those that are run by in blue states and run by Democrats and liberals and progressives, they're actually putting the restrictions on the ability to cook up new buildings and existing buildings to natural gas.
00:21:09.000 And so, you may be able to get a gas stove if we win the fight over here, but you may not get natural gas to your house to fire your natural gas stove.
00:21:18.000 Again, it's this, it is very much a war on fossil fuels.
00:21:21.000 Nine cents a month is all they're ringing out, and so it doesn't really make a lot of sense.
00:21:25.000 You can clarify, you can tell that it really is a climate agenda more than an energy efficiency agenda.
00:21:31.000 Yeah, and so this we're constantly playing defense on this, and going to the home use goods is really interesting.
00:21:38.000 The gas stoves one they assured us it wasn't happening, and now it is happening.
00:21:43.000 So, what is the status of that?
00:21:46.000 So, the regs are out, the comment period is out, and that's what caught everybody's attention.
00:21:50.000 The bigger sort of philosophical approach is how far down in the weeds are they willing to go to restrict our choice.
00:21:56.000 That's why this gas stove thing is so intrusive to people.
00:22:01.000 It's like the local government kicking your front door in and coming in and looking around and making casting judgments on how you raise your family.
00:22:09.000 They point to your stove and say, Look, you're putting your children at risk because they may get asthma, which isn't true.
00:22:15.000 Uh, the question again is how far down into our daily lives into the privacy issue are they willing to go?
00:22:20.000 It's one thing to have a $50,000 electric vehicle mandated or a thousand-dollar gas stove, but a hundred dollar feeling ceiling fan just seems incredibly intrusive.
00:22:30.000 And I guarantee you that the revised saving estimates they come back on ceiling fans is going to be even less than nine cents.
00:22:36.000 So, let's talk more broadly.
00:22:38.000 You know, in the last couple of years, we've seen this advance of the green energy agenda on oil and gas.
00:22:46.000 Kind of give us a grade of the health of the oil and gas industry from a regulatory perspective, a legislative perspective.
00:22:54.000 Where do we stand as of today?
00:22:56.000 So, right now, the industry we're producing, we are actually at pre-pandemic levels.
00:23:01.000 Thankfully, a lot of that has to do because of the prior administration.
00:23:04.000 Under President Trump, he made it very clear that he was going to use the federal asset in terms of oil and gas and fossil fuels.
00:23:12.000 He was going to be able to use that.
00:23:13.000 The reason why is because we are one of the largest contributors to the federal budget besides the income tax.
00:23:18.000 And so, we're now producing 12 billion barrels a day.
00:23:22.000 But the administration says, Well, and the president has said, is we want to reduce that federal production to zero.
00:23:28.000 If you do that, Charlie, that creates a market gap of almost a million barrels a day, which puts us right back to where we were last year at this time.
00:23:35.000 Again, 25% of all the oil and gas assets in the United States are onshore.
00:23:40.000 We account for about 10% of the overall production.
00:23:43.000 If the administration says we're taking it away, then they create this market gap, which pushes our prices back up to $125, $130 a barrel.
00:23:50.000 You're paying $5 a barrel for gas.
00:23:54.000 The way they do that is they control it through the very complex permitting process and the number of leases that can be nominated and accepted.
00:24:02.000 Again, in my... 30 years working in this industry in Washington, D.C., I've never seen a more unfavorable regulatory or legislative environment than the one we've gone through for the last two years.
00:24:11.000 But can you explain that further?
00:24:13.000 I mean, so if production has increased, why are gas prices so high?
00:24:17.000 Yeah, so one of the reasons why production has increased is when we go in and we drill a well, sometimes we don't always complete that at the same time.
00:24:28.000 And so those wells can be had, and it's called drilled but uncompleted.
00:24:32.000 And what happened was, if you recall pre-COVID, the Saudis and the Russians took it to the U.S. shale producers.
00:24:38.000 They're saying, we're going to drive you out of business.
00:24:40.000 And so they started cutting prices and cutting prices and cutting prices, which meant the U.S. shale producers had to drill more and more wells.
00:24:47.000 And then COVID hit and the man collapse took place.
00:24:50.000 And what we had was thousands and thousands of wells that were already drilled, but weren't completed.
00:24:55.000 And then the administration changed.
00:24:57.000 And what's happened is when the Biden administration came into the American doing more leases, well, those wells began to be completed.
00:25:04.000 So you see that those production levels are now because of the drilling work that we did during the Trump administration.
00:25:10.000 The problem is the Saudis, as you know, went through this million dollar million barrel a day cut globally.
00:25:16.000 And so they have put the squeeze on global prices while the U.S. producers are not in the position to be what's called a swing producer anymore.
00:25:24.000 We're producing as much oil and gas as we can, but we can't keep up with the Saudi cut, unfortunately.
00:25:29.000 So if you can't keep up with the cut, then the raising of prices is not a supply issue then.
00:25:35.000 Well, it is.
00:25:36.000 Again, this gets into the complexity of how do you, for gasoline prices and diesel prices, it goes back to the complexity of what type of oil we are producing in the United States versus globally.
00:25:47.000 In Texas, we produce, you know, the West Texas intermediate was called a light crude.
00:25:52.000 We import the heavy crude.
00:25:53.000 The heavy crude has more sulfur content, and that's what our refineries for decades have been refining because that was the way we were importing oil and refining it that way.
00:26:04.000 So we're actually exporting the oil that we're producing here to the refineries in Europe and elsewhere who like that crude, where we have to bring it in.
00:26:12.000 And so we're still subject, unfortunately, to the global prices because we have to import Saudi and Venezuelan crude right now.
00:26:19.000 So from a legislative perspective, they are talking about abolishing fossil fuels and transitioning us to a green economy.
00:26:29.000 We're seeing whispers of this in New York, for example, where they've completely eliminated almost all fracking.
00:26:35.000 What would that mean for the American economy?
00:26:37.000 Well, the fact of the matter is they cannot get from here to there.
00:26:41.000 They don't have, they don't have, we don't have the infrastructure in place.
00:26:44.000 We don't have the, if we went to full electrification, we simply don't have the generation capacity without a baseload that the natural gas provides.
00:26:52.000 And this is what's so frustrating to us is because 60% of the greenhouse gas emissions that have taken place, the United States has led the world in doing that.
00:27:00.000 And that has taken place because we have switched from coal to natural gas.
00:27:04.000 We can't get from here to there.
00:27:06.000 I mean, I have electric vehicle.
00:27:07.000 I mean, I bought it because I wanted to be able to complain about it.
00:27:10.000 And I got a lot of complaints.
00:27:11.000 The fact is the biggest matter is that there's not the infrastructure for me to go outside my hometown and go on a longer trip to say, you know, we had to go to Salt Lake, for example, this weekend and we didn't drive it because we didn't know if there was going to be a charger available for us to come back.
00:27:27.000 We're just not there.
00:27:27.000 And they're selling us a bill of goods, to be honest with you.
00:27:31.000 So is there a website you could direct our audience to for more information, something that if they wanted to dive deeper into this?
00:27:39.000 Yeah, on the appliance side, the natural gas, the ceiling fans and stoves, handsoffmystove.com is a little side project that the U.S. Oil and Gas Association started.
00:27:49.000 We did that to kind of help people, and we're all, it's a volunteer organization to help people sort of stay on top of what the... what was happening in their state or in their town and to give them the top two or three things that are happening each week on the appliance side.
00:28:03.000 And on the just general oil and gas side, there's a lot of different websites, the U.S. Oil and Gas Association, USOGA.org, APIA.org, a lot of those other trade associations have some, we have some excellent information.
00:28:16.000 The problem is, Charlie, that we've got great information and we're really lousy at getting our message across a lot of times.
00:28:22.000 And I will be the first to admit that that's our problem.
00:28:24.000 Well, we need to start to get the truth out because this is civilizational type stuff that's happening here.
00:28:30.000 The entire civilization comes down to whether or not you have energy.
00:28:33.000 It's very basic.
00:28:34.000 If you cannot fuel your economy, if you cannot fuel your life, so much of Western prosperity is built on the prerequisite of abundant, cheap energy.
00:28:43.000 It's just we take it so for granted.
00:28:47.000 Fidelity Charitable released its latest giving report.
00:28:50.000 According to the report, its account holders in 2022 recommended $11 billion to nonprofits in the mix, Planned Parenthood.
00:28:57.000 In fact, according to the report, Planned Parenthood was just the sixth most popular nonprofit among Fidelity charitable account holders last year.
00:29:04.000 Does that upset you?
00:29:05.000 Well, it upsets me too.
00:29:06.000 Open a giving account with an organization that shares your values.
00:29:10.000 Visit donorstrust.org slash Charlie to learn more about Donor's Trust.
00:29:13.000 That's donorstrust.org slash Charlie to discover how you can partner with a giving account provider that shares your values.
00:29:20.000 I love Donor's Trust.
00:29:21.000 I encourage you guys to look at it right now.
00:29:23.000 They're excellent.
00:29:24.000 Donorstrust.org slash Charlie.
00:29:28.000 Third world, first world.
00:29:30.000 Third world, first world. 0.99
00:29:31.000 Only a first world country that has been infected by bad ideas, that has been mesmerized by an ideological academic cancer could be entertaining something as stupid as not using our oil and natural gas. 0.99
00:29:45.000 Tim Stewart is with us. 1.00
00:29:46.000 Tim, build that out.
00:29:47.000 First world, third world.
00:29:48.000 Walk us through it.
00:29:50.000 So, you know, on any given day or at any given point in time, in any given day in the United States, 60% of the electricity is being generated is coming from fossil fuels.
00:29:58.000 It doesn't matter if it's California or if it's New York or wherever.
00:30:01.000 That's basically the energy portfolio for the United States.
00:30:04.000 And the reason why is because natural gas and or coal, but from my perspective, natural gas, that is the most stable and most reliable.
00:30:12.000 But, you know, the price of natural gas has been largely the same, hovering with some minor price fluctuations.
00:30:18.000 It's been largely the same for the last 20 years.
00:30:20.000 And so that has what gives you assurance that when you turn on your lights, the lights will come on.
00:30:27.000 It gives you the assurance that when you jump on a Zoom meeting, the Zoom meeting will come on.
00:30:32.000 The administration, for whatever reason, thinks that that is bad.
00:30:36.000 And so they're put in this concerted effort to put us in an energy portfolio, an electricity portfolio in the United States that is largely unreliable, primarily when it's driven by renewables.
00:30:49.000 If you think about it, if you go to a third world country, you don't know if and when the lights will go off.
00:30:56.000 And honestly, you can be sitting in a hotel and the lights will flicker and the odds are that the diesel generators kick in.
00:31:02.000 And that's what makes us a first world country is when you have stable electricity and stable energy, then you have stable healthcare, you have stable business, you have stable agriculture.
00:31:12.000 And for whatever reason, they're pushing us because it is a control issue.
00:31:16.000 They're pushing us away from that.
00:31:18.000 So you deal with politicians, lawmakers, and pundits.
00:31:21.000 Sometimes they'll say, well, Joe Biden has opened up more leases than anybody else.
00:31:26.000 Is that true?
00:31:26.000 Has he really approved more drilling leases?
00:31:29.000 No, that's total, absolute crap. 0.97
00:31:31.000 And to be honest with you, you know, I got in trouble last week because I referred to the White House press secretary as Baghdad Barbie because she's, you know, it's this is she's sitting there saying everything's fine. 0.99
00:31:42.000 Gasoline prices are coming down.
00:31:44.000 Explosions are going off in the background.
00:31:46.000 I probably shouldn't have said that.
00:31:48.000 By the way, you're fine on this show saying that.
00:31:50.000 All good.
00:31:51.000 10 out of 10.
00:31:52.000 It's great.
00:31:52.000 You know, they're lying through their teeth, either that or they just live in an alternative reality.
00:31:59.000 So here's, let me give you some numbers if we quit.
00:32:02.000 In 1998, President Clinton sold 7,200 individual lease parcels and 1% of them were protested.
00:32:09.000 In 2020, President Trump sold 1,420 leases and 72% of those leases were protested.
00:32:16.000 The Biden administration is on track to come under 600 leases sold with 99.9% of those leases protested. 0.99
00:32:24.000 For them to say that they've done more leasing than anybody, it's just absolute crap. 0.98
00:32:27.000 And I'm not taking it. 0.98
00:32:29.000 I'm not buying it.
00:32:30.000 It's total spin.
00:32:31.000 It's total propaganda.
00:32:33.000 So in closing, I do want to talk about the funding.
00:32:36.000 Who is funding these protesters?
00:32:38.000 There is evidence that the Chinese Communist Party has funded the Sierra Club and or their proxies.
00:32:43.000 If I was an enemy of America, I would fund the green movement, wouldn't you? 1.00
00:32:47.000 Absolutely.
00:32:48.000 Absolutely.
00:32:48.000 Because then this attacks the market stability.
00:32:51.000 When you're attacking energy and energy reliability, then you're attacking market stability and economic stability.
00:32:57.000 And you're absolutely right.
00:32:58.000 It's been both the Russians and the Chinese, but the biggest enemy, unfortunately, is within, because if you look at the philanthropy that is there, four billionaires have put, individual billionaires have put $2 billion into the climate messaging system alone.
00:33:13.000 And that's what's really frustrating.
00:33:14.000 You know, Bloomberg funds a $100 million effort to get rid of petrochemicals.
00:33:20.000 Amazon money is spending it.
00:33:23.000 Nike money, the philanthropy issue is a real problem in terms of where the money flows to the left.
00:33:30.000 And how much foreign money is flowing into the green groups?
00:33:33.000 This remains a mystery.
00:33:35.000 Tim, thank you so much.
00:33:36.000 Excellent.
00:33:37.000 Thank you so much.
00:33:38.000 It's great to be with you.
00:33:39.000 Thank you very much.
00:33:40.000 Thank you.
00:33:40.000 Thanks so much for listening.
00:33:41.000 Everybody, email us your thoughts.
00:33:43.000 As always, freedom at charliekirk.com.
00:33:46.000 Thank you so much for listening, and God bless.
00:33:51.000 For more on many of these stories and news you can trust, go to CharlieKirk.com.