Oil Means National Security, Rep. Jim Jordan vs Jack Smith & Crime Crashes Coast‑to‑Coast Week In Review
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Welcome, it is Verdict with Ted Cruz, Weekend Review, Ben Ferguson with you, and here are some of the big stories that we talked about this week that you may have missed. First up, oil, is it an issue of national security? Well, President Trump is dealing with that exact issue, and oil executives are also breaking it down. We had a very interesting conversation with some of those oil executives, and we're going to explain to you exactly what they say about that issue and energy independence. Also, Jim Jordan goes up against Jack Smith. You remember Jack Smith, the special prosecutor that tried to overthrow the will of the people and get rid of Donald Trump. Well, now he's having to answer for exactly what he did, and it's truly unbelievable.
And finally, the media not talking about the most amazing part of all. In the first year of Donald Trump's presidency, The crime stats nationwide have come down drastically, literally saving people's lives. So why is the media not talking about it?
How do oil prices relate to national security?
We'll give you those stats and explain it all. It's the Weekend Review, and it starts right now. I had dinner the other night with some oil executives, and they were frustrated a little bit because the price of oil has come down. And one of the people at the table was also White House. And they said, what you don't understand is that our energy independence policy is also a national security policy. Because when you take away the money that is to the leadership in Iran, to Vladimir Putin in Russia, Venezuela is another example of this, right? Then the money that they need to survive and to hold on to power and to pay their forces to keep them in power and to go after their citizens just completely disappears.
That is part of, I think, what Donald Trump, and it was very interesting to hear this kind of back and forth. It was like, hey, I'm sorry that the price per barrel is not where you want it, but it's helping American families to lower gas prices, and it's a national security thing for us as well, and it's allowing some of these horrible people in the world to start teetering a little bit because they don't have the cash flow they had two, three, four years ago under Democratic leadership.
I think that's right. There's also a balance that President Trump and the Trump administration are trying to strike, which is we've seen the price of oil drop dramatically from $100 a barrel to down just around $60 a barrel, a little bit lower. That has weakened almost every bad guy in the world. That has weakened Russia. That has weakened Iran. That has weakened Venezuela and Maduro because – It is, I guess, God has a sense of humor in that many of the worst players on planet Earth depend upon oil revenues. They're in many ways petro-tyrants. Now, Maduro's not. Maduro is inmate number 257-whatever. But he used to be. But I'll say this. Look, there is a balance because from a U.S. national security interest, look, oil and gas and energy are powerful weapons against our enemies and to buttress America.
But you don't want to slash the price of oil so dramatically that you devastate U.S. producers. And as you know, I talk to I represent Texas. I talk to a lot of U.S. producers. And I will say at down around 60, 70 dollars a barrel, you see what we've got now, which is gas prices at about two, three bucks a gallon, depending on what part of the country you're in. Now, if you're in California, there's still four or five bucks a gallon.
But that's that's on you for living in California, voting for those nut jobs.
But that's Gavin Newsom of the Democrats fault. But but here here in Texas, you fill up your tank. It's somewhere between two and three bucks typically is what you're paying right now. I think that's a sweet spot is $60 to $70 where it lowers. Under Biden, when we had $100 oil, you were seeing $4, $5, $6, $7 a gallon of gasoline. That really hurts consumers.
Yeah, crushing middle and lower class families even more than anybody else.
I will say this, if you see oil prices plummet, so let's say they drop from the 60s down to say the 40s or below.
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