Congressman Adam Smith
👤 SpeakerAppearances Over Time
Podcast Appearances
I don't know what Trump's going to do.
He doesn't know what he's going to do with his bad point.
Now, how does this affect energy?
Two pieces of this.
There's long been this myth that somehow we can become energy independent, that we can drill enough and produce enough oil and whatever else, coal, so that we're no longer dependent upon the globe.
Well, and Mr. Global, I'm guessing from your name that you understand this.
It is a global marketplace, okay?
We produce more oil than we consume right now.
And by the way, I will point out that we also produced more oil that we consume under the Biden administration.
All right.
This notion that he was shutting down, you know, fossil fuels is ridiculous, but it's a global market.
So if the price goes up, I mean, our oil companies are making a lot of money right now.
So if you happen to live around that, good for you.
But if you happen to have to buy the product, you're screwed.
So the only way that we're going to reduce our dependency on Middle East oil, which has been something we've been talking about ever since the first oil crisis in the mid-70s, is
the only way to do that is to reduce our dependency on oil itself okay and to give ourselves alternatives you know the only way you have an alternative is if when you come driving up to the gas station and gas is seven dollars and fifty cents a gallon you have the option of plugging in your vehicle or getting another source of power and that gets us into a long conversation about developing those other sources of power nuclear very important but even wind solar geothermal fusion is coming i'm optimistic about fusion believe it or not
So making massive investments and giving ourselves options.
Look, I don't blame the 20th century for what they did.
We had a clear energy policy throughout the 20th century.
Cheap oil.