Oil Means National Security, Rep. Jim Jordan vs Jack Smith & Crime Crashes Coast‑to‑Coast Week In Review
The Ben Ferguson Podcast
iHeartPodcasts
4.8 • 5.4K Ratings
🗓️ 24 January 2026
⏱️ 31 minutes
🧾️ Download transcript
Summary
1. Oil Prices & National Security
- Lower global oil prices weaken hostile regimes like Iran, Russia, and Venezuela by reducing their revenue.
- The Trump administration aims for a “sweet spot” oil price ($60–$70/barrel):
- Low enough to hurt adversaries.
- High enough to avoid bankrupting U.S. independent oil producers.
- If prices drop into the $40s, it could collapse small oil producers in Texas and the Permian Basin.
2. Venezuela’s Oil Infrastructure
- Venezuela has the world’s largest proven oil reserves, but decades of mismanagement have destroyed its infrastructure.
- Estimates from oil executives:
- Increasing production from 1 million to 3 million barrels/day could take 10 years and require $100B+ in investment.
- Even going from 1 million to 2 million/day would take 5–7 years.
- Gulf Coast refineries can process Venezuela’s heavy sour crude, but expanded imports would mostly affect Canada and Mexico, not U.S. light-sweet crude producers.
3. Cuba’s Economic Crisis
- Cuba historically survived on financial support from:
- The Soviet Union (until its collapse).
- Venezuela under Chávez/Maduro (oil and money).
- With Venezuela no longer able to support Cuba, the island is in economic freefall.
- Mexico is currently providing oil that helps sustain the Cuban regime.
- The Trump administration may pressure Mexico to cut this supply, potentially pushing Cuba toward political collapse.
4. Jack Smith & January 6th Investigation
- Smith is accused of leading a politically motivated prosecution against Donald Trump.
- He allegedly relied on questionable or disproven testimony, notably from Cassidy Hutchinson.
- Hutchinson’s dramatic claims (e.g., Trump lunging for a steering wheel) were not confirmed by eyewitnesses.
- Jim Jordan challenged Smith in hearings, accusing him of:
- Using unreliable witnesses.
- Conducting a partisan, anti-Trump investigation.
- Targeting large numbers of Republicans with subpoenas.
5. Crime Statistics & Trump Administration Policies
- Nationwide murder rates reportedly declined ~20% from 2024 to 2025.
- Approx. 1,400 fewer murders.
- Major cities showing decreases:
- Chicago: 30%
- NYC: 20%
- Baltimore: 31%
- Oakland: 33%
- Washington, D.C.: 31% (after National Guard deployment)
- Other violent crimes also declined:
- Motor vehicle theft: ↓25%
- Robbery: ↓18%
- Aggravated assault: ↓8%
Law enforcement stats cited:
- Violent crime arrests: ↑100%
- Gangs disrupted: ↑210%
- Fentanyl seized: ↑31%
- Missing/abducted children located: ↑22%
- Human traffickers arrested: ↑15%
- Significant increase in arrests of espionage suspects and fugitives.
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Transcript
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| 0:00.0 | This is an I-Heart podcast. |
| 0:02.6 | Guaranteed Human. |
| 0:05.3 | Welcome, it is Verdict with Ted Cruz, Weekend Review, Ben Ferguson with you. |
| 0:09.7 | And here are some of the big stories that we talked about this week that you may have missed. |
| 0:13.2 | First up, oil, is it an issue of national security? |
| 0:17.4 | Well, President Trump is dealing with that exact issue. |
| 0:20.4 | And oil executives are also breaking it down. We had a Trump is dealing with that exact issue, and oil executives are also |
| 0:21.8 | breaking it down. We had a very interesting conversation with some of those old executives, |
| 0:26.1 | and we're going to explain to you exactly what they say about that issue and energy independence. |
| 0:31.7 | Also, Jim Jordan goes up against Jack Smith. You remember Jack Smith, the special prosecutor that tried to |
| 0:38.1 | overthrow the will of the people and get rid of Donald Trump. Well, now he's having to answer |
| 0:42.4 | for exactly what he did, and it's truly unbelievable. And finally, the media not talking about |
| 0:48.6 | the most amazing part of all in the first year of Donald Trump's presidency, the crime stats nationwide have come down drastically, |
| 0:57.9 | literally saving people's lives. |
| 1:00.4 | So why is the media not talking about it? |
| 1:02.6 | We'll give you those stats and explain it all. |
| 1:05.0 | It's the weekend review, and it starts right now. |
| 1:08.7 | There is, I had dinner the other night with some oil executives and they were frustrated |
| 1:12.8 | a little bit because the price of oil has come down. |
| 1:15.7 | And one of the people at the table was also White House and they said what you don't understand |
| 1:21.0 | is that our energy and independence policy is also a national security policy. |
| 1:26.3 | Because when you take away the money that is to the leadership in Iran, to Vladimir Putin in Russia, |
... |
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