Eric Bolling
๐ค SpeakerAppearances Over Time
Podcast Appearances
And the only ships that are going are the ones that both Iran and the US agree are allowed to go through.
So they do have it, and they probably always have it, unless the Saudis want to step up.
They're on the other side of the Strait of Hormuz and take that control.
But why is it the US?
The reality is, Steve, we use West Texas Intermediate.
We produce most of the oil we need right here.
We don't need Middle Eastern oil if we don't have to, especially with that deal.
We can actually even work on Venezuela, Canada and Mexico to increase our purchases there.
So the reason why West Texas Intermediate, our oil is 104 today and Brent is 118 today and Middle Eastern Omani crude, others are 150 today is because it's a regional issue.
It's not really our issue.
Somewhat is because
Oil is a global commodity.
But, you know, in other words, one price raises all prices.
But to the extent that we say we have all the production we need, go ahead, close it straight.
We have our production.
We're good.
We're good to go.
Why are we, you know, fighting, risking our young people's lives is really the only way to truly, truly survive.
take over Iran and regime change and get that oil.
Why would we risk that?