00:00:15.960California's oil industry tore into the Democratic leadership on Monday after the last oil tanker arrived in the state carrying fuel from the Middle East.
00:00:22.980It's not that the state will face its real test of how to replace 200,000 barrels of oil a day as Iran restricts the passage of ships.
00:00:30.000Through the Strait of Hormuz and its ongoing war with the U.S., last year, based on state data, California refineries sourced around 30 percent of foreign crude oil from the Persian Gulf.
00:00:40.180Unless action is taken, gas prices could spike even more.
00:00:45.900So, well, first of all, if you're going to run around and say, well, I'm governor of the, you know, fourth largest, fifth largest, you know, economy in the world.
00:01:12.340The tanker has to leave Iraq, go all the way over here, past Hong Kong, pull over to Macau, gamble a little bit, go past the Hawaiian Islands, get yourself a Mai Tai.
00:01:24.200And finally, the oil in a tanker gets to Southern California.
00:01:27.200when there are small rigs off the coast of Santa Barbara with rocks and fake palm trees.
00:01:54.720Gavin Newsom, prime minister of the fourth largest economy, you don't have a secretary of energy, and now you're allowing this to come in, and now this is the energy industry, and you may say, oh, those are CEOs that are evil.
00:02:08.480Yeah, at a lower price than what you're getting at now, and you chase Valero out.
00:02:12.460You chase Chevron out, and people close refineries because you say, we're going to put more inspectors out there, and if there's a paint chip on your front door, we're going to fine you for it, and they made it so onerous.
00:02:22.900And so I think that Gavin Newsom deserves this heat, and I hope the people in California, the voters, are paying attention because you could have been not only in a great climate state, a great business state, but you could have had very economical energy using today's regulations and things to help keep things clean.
00:02:42.060And by the way, Steve Hilton addresses it very eloquently in this debate that they were having.
00:04:05.760And, you know, we talked about the price of gasoline being $5 a gallon.
00:04:09.580It's five dollars a gallon nationwide. That's potentially it's going to be seven or higher in California.
00:04:14.660So you're paying essentially a tax for what?
00:04:18.740Well, I mean, just to feel that. I mean, that makes absolutely no sense.
00:04:21.320But meanwhile, the prime minister runs around ducking podcasts and ducking people that want to have an honest debate on why did you make these decisions?
00:04:28.080What do you do? Who's this? Newsom? Newsom. No, no, he's not ducking podcasts.
00:04:32.060I don't I don't know if I put him as he's trying to get on places to talk.
00:04:37.480I'd love to see somebody do a tough conversation with him
00:04:40.400to have him sit down and talk about it.
00:07:04.660I mean, the Santa Barbara spill apparently made it.
00:07:07.380They legislated offshore drilling out of it.
00:07:09.500You know, that was the emotional thing.
00:07:10.700And then Arnold Schwarzenegger actually legislated that carbon emission rule
00:07:15.780where now I think it's like 54% of production domestically within California
00:07:21.040has been cut since that bill was signed.
00:07:23.140So, you know, they're attacking it on all fronts.
00:07:24.920I've gotten rid of the refining, gotten rid of the drilling offshore, gotten rid of the actual production in California.
00:07:30.740So that and they have always been at a disadvantage because there's less railways that connect, like, from the East Coast to the West Coast because of the Rocky Mountains.
00:07:39.120So, yeah, I mean, but they have all the resources in the world.
00:07:43.560I wonder if it's a similar thing to Europe because, you know, I always wonder, like, are they consciously doing this?0.53
00:07:49.080Is it, like, ignorance or is it malice?
00:07:51.080And in Europe, I know that Putin actually did a propaganda campaign that convinced a lot of European countries to go with the green energy sources because he wanted them to be dependent on Russia's oil pipeline.
00:08:04.700So I haven't looked too deep into it with California specifically what the intentions are, but it feels like one of those things where it's almost intentional destruction.
00:08:10.860Dude, if you just look at the highest gas taxes in America today, okay, gas taxes in
00:08:17.700America today, California has just a state gas tax per gallon of 71 cents.