David Frum
👤 SpeakerAppearances Over Time
Podcast Appearances
You can't undo what has been done.
Because they don't stop.
Iran doesn't stop the war.
Why?
Because they have to exact a price.
Supposing we did that.
The Iranian regime now has to reassert its authority within its territory, which means killing a lot of people.
And they have to exact a price from the Emirates.
They don't stop firing at Israel.
They have to exact a price.
Right now, they're humiliated.
There's no such thing as energy independence.
There's one global price of energy.
And wherever it comes from, that's the price.
So you may get all of your energy from North America.
There may be no absolute shortage, but the price will be the global price.
You can't get oil from the Persian Gulf to Japan.
Well, the Japanese then enter the auction market for North American oil.
So two answers to that question.
The first one is, why do I care?