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The Wright Report

07 MAY 2026: U.S. Oil Companies Drill Baby Drill! // 48 Hours To Save the World // Dem Extremists: Updates From DC, NY & Virginia // Obama Throws Stones in Glass House // Immigration Shockers // Medical News!

The Wright Report

Bryan Dean Wright

News, Politics

4.92K Ratings

🗓️ 7 May 2026

⏱️ 35 minutes

🧾️ Download transcript

Summary

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Join Bryan Dean Wright, former CIA Operations Officer, as he dives into today's top stories shaping America and the world. In this Thursday Headline Brief of The Wright Report, Bryan delivers hopeful news for your pocketbook as U.S. oil producers begin ramping up drilling in Texas, New Mexico, and Venezuela, signaling that relief at the gas pump may eventually be coming—even as the world remains trapped in an oil squeeze caused by the war with Iran and the closed Strait of Hormuz.

He breaks down President Trump's latest peace proposal to Tehran, which would require Iran to surrender its highly enriched uranium, halt enrichment for 15 years, and abandon underground nuclear facilities in exchange for lifted sanctions and a gradual reopening of Hormuz. Bryan explains why the next 48 hours could determine whether Iran's regime accepts a deal or risks economic collapse as oil storage runs out and the Trump blockade continues to choke off revenue.

He also covers major domestic fallout from the attempted assassination of President Trump, including new confirmation that radical leftist attacker Cole Allen was partly motivated by the Iran war and anti-Trump rhetoric, plus controversy over a Democrat judge accused of showing sympathy toward the suspect. Bryan then highlights DOJ investigations into a Soros-backed Virginia prosecutor accused of protecting criminal illegal immigrants, a Virginia state senator facing bribery allegations tied to a cannabis business, and Barack Obama's latest comments on justice and the rule of law, which Bryan sharply challenges.

Plus, Bryan reports on anti-ICE riots at a New York hospital, Texas' push to let police arrest and deport illegal border crossers, the White House effort to kill offshore wind projects in favor of oil and gas investment, and practical medical updates on testosterone and brain cancer, cranberry juice helping antibiotics fight UTIs, and a simple 10-minute floor routine that improves balance and mobility as we age.

 

"And you shall know the truth, and the truth shall make you free." - John 8:32

 

 

Keywords: Trump Iran peace deal proposal 2026 Strait of Hormuz reopening, US oil drilling Permian Basin Venezuela production gas prices summer 2026, Cole Allen Trump assassination attempt motive Iran war anti-Christ rhetoric, Virginia Soros DA Steve Descano DOJ investigation illegal immigrant crimes, Louise Lucas FBI raid cannabis bribery corruption Virginia, Obama Stephen Colbert interview rule of law criticism 2026, anti ICE riot NYC hospital Nigerian illegal immigrant arrest, Texas Senate Bill 4 immigration arrests deportation law, offshore wind farm cancellations Trump oil gas policy, glioblastoma testosterone treatment Cleveland Clinic study, cranberry juice UTI antibiotics research, 10 minute floor exercises balance mobility aging Japan study, Bryan Dean Wright podcast, The Wright Report

 

Transcript

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0:00.0

It's May 7th. I'm Brian Dean Wright, former CIA operations officer, and this is The Wright Report.

0:08.0

Hey, good day to you, ladies and gentlemen. Welcome to The Right Report, Your Daily News, podcast.

0:22.0

It is a Thursday headline brief, heavy on news, lighter on analysis this morning,

0:26.7

launching us towards the end of the work week with events that as ever are shaping America and the world.

0:33.0

We begin with domestic news this morning, starting with good news, at least on the horizon,

0:39.0

for your pocketbooks. Bloomberg is reporting that the U.S. shale patch is finally responding to

0:44.2

President Trump's call to drill baby drill across the Permian Basin of Texas and New Mexico.

0:49.1

A company called Diamondback Energy expects drillers like them to add as many as 30 rigs in the short term

0:55.8

that equates to about a 10% jump in activity.

0:59.0

Analysts say that this news means that a regional oil switch, as it were, has now been

1:04.0

flipped from more off to on with U.S. oil and gas industry companies deciding that now is

1:10.0

the time to increase production.

1:12.4

Meanwhile, Reuters News Service reports that President Trump just met with Chevron and ExxonMobil executives

1:17.9

to get them to boost production and exploration in Venezuela, which of course produces a type of heavier sour oil that many U.S.

1:25.3

refineries are built the process. So in all, this is good news

1:29.4

for energy production and eventually your pocketbooks, at least in the medium to long term,

1:34.8

more oil and gas will lead to lower prices at the pump and beyond, but not for a while.

1:40.8

As Fortune, Barron's and Newsweek magazine all report, the world is still going to be short

1:45.7

of oil and will be through the summer, with the war in Iran still locking down the Strait of

1:50.8

Hormuz. That means that we are going to have a pretty bumpy ride at the gas pump for months to

1:55.4

come with global jet fuel supplies, especially running tight. So you should expect to then see this reflected in your plane ticket prices throughout

2:03.6

the summer, even if we get to a deal between the U.S. and Iran.

...

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