Eric Bolling

You guys deal with it.

It's not going to affect our... It does to a certain extent.

When I say fungible, it's like money.

It's all oil.

But in order for it to be perfectly fungible,

the Middle Eastern oil would have to spike 50, $60 a barrel higher than the West Texas Intermediate, which is not gonna happen.

If it does, it'll come back down.

And it would take that much to make up the difference of transportation and the cost of retooling a refinery.

And no one's gonna do that because the minute it comes in,

in conjunction again, back to where it was, they have to retool the refinery back to their own Middle Eastern crude again.

It's fungible, but not perfectly fungible like money.

So my point is, this is not our fight.

Listen, you know what was our fight?

Obliterating their ability to deliver a nuclear weapon and allegedly, according to everyone, including PXF and everyone you talk to, even the other side, we've done that.

We've blown them into the dark ages as far as being able to

prohibit them from delivering a nuclear weapon to the United States.

If they start it up again, bomb the facilities again.

They'll never get it.

But I see no reason other than saving face to play this game about the Strait of Hormuz.

Do you know how long they would charge $2 or $1 a barrel in the Strait if we weren't playing ball with them?