Well, howdy there, internet people, it spell again. So today, we're going to talk about

Trump's War, oil prices and supply, and straight talk. Energy Secretary Chris Wright is out there

making the rounds and trying out a unique talking point.

Basically, the prices you're seeing at the pump aren't Trump's fault.

It's just perception.

He said, quote, right now, in fact, the run-up in prices has nothing to do with any shortage of barrels of oil or natural gas.

It's just fear and perception of the unknown that this could be some long-drawn-out crisis, but it won't be.

He also said, quote,

One large tanker has already gone through the straits. A whole tanker? Wow.

Golly gee whiz. That's going to solve everything. If you don't know, that means the

Strait of Hormuz, one of the most critical oil and natural gas waterways on the planet,

has dropped from seeing around 30 to 40 tankers per day to one based on his statement.

That's not perception. That's what's happening. He can argue the decline in traffic is due to the perception of risk and that the shipping

business is just a big old frady cat about the regional war Trump started.

But saying that doesn't send ships through the strait.

And this is about way more than oil.

There will be an explainer down below on the straight.

Later, he pushed the same line, saying, quote, the world is not short of oil today or natural gas.

I mean, sure, the world isn't currently grinding to a halt due to a shortage.

But prices aren't set by shortage and demand.

They're set by supply and demand.

The supply is interrupted.

...