Matt Randolph

But what I want to be clear of is even if that happens...

we're not going to run out of gas.

It's just going to be really expensive.

Yeah.

And in many ways, this kind of needs to happen, to be honest.

Like we need a wake up call about what's happening in the Middle East and the markets have been suppressed for so long.

People act like it's no big deal.

Maybe we need gas to hit seven or eight dollars a gallon.

So people will wake up and say, oh, this is actually serious.

That's the only way the market can correct itself is through that demand destruction that will occur with those higher prices.

artificially lower price than say like a car driver in the uk am i getting that right oh yeah our gas is a lot cheaper than all of the other even the western nations you know we complain you know gas right now in canada on a well if you convert it to gallons it's over seven dollars a gallon like a uk i remember being in the uk and saying oh it's almost the same price and then going oh that's pounds like it's almost twice what we were paying at the time

So this is a deep conversation because I don't think gas is expensive.

I think wages are extremely low and we don't have a cost problem in the United States with everything.

We have a problem with what we pay people.

If the United States paid people, you know, just...

normal amount of money, gas would not be expensive right now.

Gas is expensive because people don't make enough money to live in this country.

The solution has always been to make everything cheaper instead of to pay people more.

And who benefits from just making stuff cheaper instead of paying people more?

Who benefits from that?