Jon Favreau
๐ค SpeakerAppearances Over Time
Podcast Appearances
Even if we do some of that, what do you think that's going to do to the confidence of these ships and the companies that own the ships going through the strait?
They're still not going to do it.
And again, these ships have to be insured.
And who's going to give insurance on these ships?
It also doesn't seem like the Iranians are taking Trump's threat that they will be, quote, blown off the face of the earth very seriously if they target U.S.
ships right now.
And it's, of course, causing all kinds of havoc here at home.
As you mentioned, Tommy, as you all saw over the weekend, Spirit Airlines formally ceased operations on Saturday.
And I mean, that is a sort of a fancier term for just it just shut down, just no longer there.
Not like we're not selling tickets anymore, like thousands of flyers stranded, everyone with a future spirit ticket screwed.
They said in a court filing on Monday that, quote, recent geopolitical events resulted in a massive and sustained increase in fuel prices.
Driving isn't much better.
Average prices are now $4.45 a gallon, above $6 in many places, highest level since the pandemic, all-time record high here in California and Washington state.
And then experts are saying we could hit a national average of $5 a gallon by Memorial Day.
I know some of you crass political types are trying to link these things to the new forever war that Trump started.
But here's Transportation Secretary Sean Duffy and Treasury Secretary Scott Besant trying to explain just how wrong you all are.
I just love the argument now that they've reached, which is like, yes, yes, prices are high now, but just think of what will happen when the war is over.
I also think for so long there has been this thought that like, well, you know, it seems bad and people are saying it's going to be bad.
But, you know, the prices of oil kind of gone up and down and then they had come down recently and maybe it is going to be fine.