Matt Randolph

Does that really?

Yes.

Yeah.

The suspension.

We should have a gas tax.

Yeah.

I oppose the suspension as well.

And I did in 2022.

One thing that I think is getting missed in all the messaging, because there's a lot of energy experts right now shaking their heads or scratching their heads that gas hasn't hit $5 a gallon yet.

because this disruption is significantly worse than the OPEC 2020 deal, plus the Russia-Ukraine war, and with all that going on in 2022 that drove gas prices up.

I think a lot of people are missing the fact that over 60 million EVs have hit the market since 2022, and that has removed almost, not quite, but almost 3 million barrels of oil a day of demand.

from the market today that existed in 2022.

And if you think about it in those terms, EVs are saving us a lot of money on gas right now.

I did a whole model on this this morning.

Gas would have already eclipsed its 2022 levels if it wasn't for those 62 million or whatever EVs.

that have been built since 2022.

I just wanted to point that out because I think that's a sort of a messaging thing a lot of people are missing.

The one question I'd like to ask you, Mr. Smith, is when I teach my people online about how utilities work and how they're structured,

they don't like it.

This model where, you know, you have a lot of private equity coming in, a lot of very rich, a lot of money flowing into utilities, buying up.