Brandon
๐ค SpeakerAppearances Over Time
Podcast Appearances
They've put policies in place that make it more expensive to build things.
There's no reason that lumber and steel and electronics, all the inputs of cars and houses cost more than they ever did before.
That's a policy-driven outcome.
If we get the policies to make those things cheaper, then they could build more of them, then it'll be okay.
That's a great point.
That's a fantastic point you bring up about the oil.
And I've been meaning to show these two charts on the podcast for a while.
So look at this.
These are the biggest oil reserves in the world.
That one's production, so I was going to show that one second.
Biggest oil reserves in the world.
The U.S.
is way down at the bottom there.
But then if you go to production, U.S.
is producing the most.
So imagine if we got the full potential of oil production out of those largest reserves in the world.
Yeah, there's an abundance of oil that we're not using.
And quick thing on that, too, and tell me if you would agree with this.
I think the scariest thing in the world for oil companies is oil going below $60 a barrel.
$65 is where they make money in the U.S.