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The Ben Ferguson Podcast

Oil, Racism & CBS Discovers Hunter Biden's Laptop

The Ben Ferguson Podcast

iHeartPodcasts

Politics, News Commentary, News

4.85.4K Ratings

🗓️ 25 November 2022

⏱️ 40 minutes

🧾️ Download transcript

Summary

Transcript

Click on a timestamp to play from that location

0:00.0

Welcome in his verdict to Senator Ted Cruz, Ben Ferguson with you on this day after Thanksgiving.

0:05.7

Senator, a lot of people driving home today seeing gas prices hit these numbers that they're not liking,

0:12.1

even though the administration wants you to believe this is really low right now.

0:16.0

And then there's another question, and that is, when do we start putting oil back into our strategic petroleum

0:22.8

reserves? The Biden Energy Advisor was asked about this, and his answer was pretty shocking.

0:29.6

Take a listen. Well, okay, so a couple of things. Number one, China lockdowns and the Fed raising rates and trying to orchestrate maybe a slowdown at least, whether it's a recession or not.

0:45.8

Those aren't the greatest ways to lower the price of oil. Plus, we've been tapping the SPR, which a lot of people criticize.

0:53.2

Especially if we're down below $80.

0:55.4

We're not today.

0:56.0

We're back up.

0:57.1

But definitely time to end that.

0:58.8

When would you start buying?

0:59.8

When would you start buying back the oil to try to replenish that?

1:03.3

What kind of price would we be talking about, almost?

1:06.0

Now, before the White House respond, Senator, let's just set the stage here on the Strategic Oil

1:10.1

Reserve so people understand the abuse here on the Strategic Oil Reserves so people

1:11.0

understand the abuse here. The president decided he's got a problem. Democrats were screaming

1:16.6

about the problem. If the price was too high on Election Day, they thought they would lose,

1:20.9

obviously, the House and the Senate, and it would be a red wave. They decided to take the

1:25.0

strategic oil reserves and dump million than two million barrels a day

1:28.1

into the marketplace to artificially lower the price you heard cnbcc say a lot of people think

1:34.6

this was not how the strategic oil reserves must be used this is a terrible decision that this

...

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