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"This Is A GREAT Ad" - Spencer Pratt ROASTS LA's BIGGEST Failures In One Ad

Valuetainment

Valuetainment Episodes

Business

4.81.7K Ratings

🗓️ 8 May 2026

⏱️ 18 minutes

🧾️ Download transcript

Summary

Patrick Bet David covers reports that California refineries sourced around 30 percent of their foreign crude from the Persian Gulf and now must replace roughly 200,000 barrels a day as Iran squeezes the Strait of Hormuz, warning gas could spike even higher in a state already over six dollars.

Transcript

Click on a timestamp to play from that location

0:00.0

Right, home from work, walk the dog, kids are back.

0:04.4

Mom!

0:05.0

Up the stairs for something.

0:07.8

Ugh, back down, no idea what I went up for.

0:12.0

Mom, what's for dinner?

0:13.6

Chop, sizzle, done.

0:17.1

Hello, fresh, can't slow life down, but it makes bringing everyone together around the table a whole lot

0:22.7

easier. So its phones down, forks up. Hello Fresh. Bring back dinner time.

0:29.8

Oil Titans blast. Gavin Newsom over California's oil and energy crisis. Okay. Energy crisis. And by the way, there's a clip on the debate

0:40.4

about this as well. We don't need to get into that first, Rob, you can go into what you have

0:44.1

first, and then we'll get into the California's oil industry tore into the Democratic

0:48.0

leadership on Monday after the last oil tanker arrived in the state carrying fuel from the Middle

0:52.8

East, not that the state will face its real test of how to replace 200,000 barrels of oil a day as Iran restricts the passage of ships through the Strait of Hormuz and its ongoing war with the U.S. last year based on state data, California refineries sourced around 30% of foreign crude oil from the Persian Gulf.

1:10.2

Unless action is taking gas prices could spike

1:12.4

even more experts have warned. Tom, thoughts on this? So, well, first of all, if you're going to

1:17.7

run around and say, well, I'm governor of the, you know, fourth largest, fifth largest, you know,

1:22.6

economy in the world. Okay, and you're going to call yourself a country? Okay, prime minister,

1:26.8

who's your secretary of energy? And what are you doing for your citizens? And Gavin Newsom, you've made policies

1:32.2

that caused people to leave. And now, that is Iraqi oil, I believe, that is coming on tankers

1:38.7

all the way. By way, go take a look at a map. The tanker has to leave Iraq, go all the way over here, past Hong Kong, pull over to

1:50.1

Macau, gamble a little bit, go past the Hawaiian Islands, get yourself a Mai Tai.

1:54.2

And finally, the oil and a tanker gets to Southern California.

...

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