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Matt Randolph

👤 Speaker
1616 total appearances

Appearances Over Time

Podcast Appearances

American Power
The Ceasefire That Wasn’t

They're going to have to do that.

American Power
The Ceasefire That Wasn’t

Um, and I don't think you have to use the Defense Production Act to do that either.

American Power
The Ceasefire That Wasn’t

I think you can just declare an emergency and, you know, but, um, yeah, that's the real concern right now is our inventories.

American Power
The Ceasefire That Wasn’t

Because once your inventory gets that low, oil can go up or down $10.

American Power
The Ceasefire That Wasn’t

It's not going to matter.

American Power
The Ceasefire That Wasn’t

Gas is still going up no matter what, because you're just out of inventory.

American Power
The Ceasefire That Wasn’t

It's the supply side of supply and demand.

American Power
The Ceasefire That Wasn’t

And once you lose that supply side, you're done, right?

American Power
The Ceasefire That Wasn’t

So we'll just have to see what happens.

American Power
The Ceasefire That Wasn’t

So here's the thing.

American Power
The Ceasefire That Wasn’t

If we get a run on gas, we're still going to be fine.

American Power
The Ceasefire That Wasn’t

It's not that we're going to run out of gas.

American Power
The Ceasefire That Wasn’t

That's not what I'm saying.

American Power
The Ceasefire That Wasn’t

I'm saying the price of it is going to be very expensive.

American Power
The Ceasefire That Wasn’t

This whole thing creates this vicious feedback loop where every action makes the last action worse.

American Power
The Ceasefire That Wasn’t

You know what I mean?

American Power
The Ceasefire That Wasn’t

High gas prices, you get a run.

American Power
The Ceasefire That Wasn’t

Low inventories, you get a run.

American Power
The Ceasefire That Wasn’t

That makes inventories worse, makes gas prices higher.

American Power
The Ceasefire That Wasn’t

It's a cycle you have to break out of.