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The John Batchelor Show

TONIGHT: The show begins on Wall Street where the smart money expects rate cuts but in May not March. To Washington where the Green New Deal seems suspended as the US is producing more oil than before the pandemic. To Berlin, to London, to Perth and to F

The John Batchelor Show

John Batchelor

News, Arts, Books, Society & Culture

4.52.8K Ratings

🗓️ 17 January 2024

⏱️ 11 minutes

🧾️ Download transcript

Summary

TONIGHT: The show begins on Wall Street where the smart money expects rate cuts but in May not March. To Washington where the Green New Deal seems suspended as the US is producing more oil than before the pandemic. To Berlin, to London, to Perth and to Fiji, to the Red Sea and to Buckingham Palace. To Kyiv and Tehran and Irbil, to the Red Sea and to Somalia. Finally to Low Earth Orbit.

1927 John Carter of Mars, Edgar Rice Burroughs

Transcript

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0:00.0

Good evening. The show begins tonight looking at the American economy with Liz Peak.

0:05.0

Observation includes energy. The US is now producing more oil than it did before the epidemic, the pandemic. Therefore we've achieved

0:18.0

everything in terms of fueling not only the United States but the world.

0:23.0

The liquefied natural gas flowing to Europe is critical to replace what was lost in the Ukraine

0:30.4

war.

0:31.4

I learned from this peak that the Green New Deal agenda of several years past.

0:36.4

If it's there, it's not evident. It is significant to see John Kerry, the climate czar step aside from his job in order to campaign

0:45.6

for President Biden's re-election.

0:48.6

At the same time, what has become of the Green Initiative of these last years.

0:53.0

We're pumping the oil to keep the price of gasoline down

0:56.0

to avoid the inflation spiral and also the election

1:01.0

spiral of earlier in the first term of

1:05.1

President Biden. The liquefied natural gas requires terminals to transfer it

1:12.2

to shipping to send to Europe.

1:14.0

And there is one liquefied natural gas terminal that is proposed in Louisiana that is awaiting

1:19.7

approval by the Biden administration, as Liz Peek says very carefully

1:25.0

the administration seems to be in a dilemma.

1:28.0

It is of two minds, yes and no, about energy.

1:32.0

Energy drives the economy. The economy is what people vote on.

1:37.6

And from the economy I moved to London where Joe Sternberg has written of the farmers protest in Germany

1:44.3

having again to do with Green the limits of the budgeting process in Germany and

1:50.7

require them not to exceed a certain percentage of debt.

...

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