Jared Kushner

And it was stopping very quickly.

Saudi and Russia at that time were having a conflict.

They created this thing called OPEC+, which goes back, again, history between the two countries where they had conflicts.

And then all of a sudden, they were working together to try to stabilize the oil markets.

But they couldn't agree on the cuts, so Saudi actually increased production.

So you had two things hitting at once where Saudi and Russia were both increasing production and demand was dropping.

So you were headed for a real crisis.

And I was starting to get calls from a lot of the oil industry executives here in America saying, you don't understand.

We can't just flip a switch and turn off our oil wells.

We're running out of storage here.

And I said, look, President Trump likes low oil prices, so he's not upset about what's happening.

You have to call him.

And if he gives me permission or the instruction, then I can try to intervene.

But right now, he's not inclined to intervene.

After a little bit, he said, you know what?

It's time.

Get involved.

Go do it.

It was right over Passover.

This was during COVID.