THE HIGHER GAS PRICES GRADY
THANK YOU VERY MUCH APPRECIATE
IT.
NOW LET’S BRING IN CONGRESSMAN
DAN CRENSHAW, ONE OF OUR
FAVORITES HERE REPUBLICAN FROM
THE GREAT STATE OF TEXAS WHERE
HE’S BROADCASTING FROM.
CONGRESSMAN YOU SAY THIS
ADMINISTRATION’S WAR ON
FOSSIL FUELS HAS ACTUALLY BEEN A
PART OF RUSSIA’S STRATEGY FOR
YEAR, EXPLAIN.
>> WELL, RIGHT.
LOOK IT STANDS TO REASON FOR
ANYONE WHOSE PAYING
ATTENTION THAT THE RUSSIANS
DON’T LIKE AMERICAN NATURAL GAS,
THEY ARE THE BIGGEST COMPETITOR.
WE’VE TAKEN A LARGE PART OF
THEIR MARKET SHARE, AND SO THEY
SEE ALL THESE RADICAL
ENVIRONMENTAL GROUPS, THAT
OPERATE WITHIN THE UNITED STATES
, THAT HATE FOSSIL FUELS,
THEY ARE IDEOLOGICALLY OPPOSED,
WORSHIP THE SOLAR AND WIND POWER
AND THE RUSSIANS SAY WELL WHY
DON’T WE FUND THEM BECAUSE THEY
SEEM TO BE DOING OUR WORK BETTER
THAN WE COULD POSSIBLY DO IT,
AND THE MORE WE DIG INTO THIS ,
YOU FIND, FOR INSTANCE THAT
THERE’S A SHELL CORPORATION IN
BERMUDA CALLED KLINE LIMITED
WHICH PRIMARILY FUNDS
ORGANIZATION IN SAN FRANCISCO
CALLED SEA CHANGE, WHICH THEN
TURNS AROUND AND FUNDS A LOT OF
GROUPS THAT YOU WOULD KNOW LIKE
SIERRA CLUB, FOR INSTANCE AND SO
THE ENERGY AND COMMERCE
COMMITTEE WAS INVESTIGATING THAT
AS WE SPEAK THOUGH WE’VE JUST
STARTED THAT INVESTIGATION WE’VE
SENT OUT LETTERS TO ALL GROUPS
DEMANDING THAT THEY COME FORWARD
AND BE TRANSPARENT WITH THEIR
FUNDING.
IT GOES BACK FURTHER THAT IN
THAT.
YOU KNOW IN TEXAS, WE LOST A BIG
DEAL WITH FRANCE, BIG NATURAL
GAS EXPORT DEAL WITH FRANCE
BECAUSE THE FRENCH SAID ALL OF A
SUDDEN THE CARBON FOOTPRINT IS
TOO HIGH.
COME TO FIND OUT NOW THERE’S
ALLEGATIONS THAT THE RUSSIAN GAS
GOT TO THEM AND SAID NO YOU NEED
TO BUY OURS AND RUSSIAN NATURAL
GAS IS PRODUCED MUCH DIRTIER
THAN U.S. NATURAL GAS BUT IT’S
THESE RADICAL ENVIRONMENTAL
GROUPS PUSHING THIS AND I’M NOT
THE ONLY ONE SAYING THIS.
THERE’S BEEN REPORTS FROM THE
NATO SECRETARY GENERAL, EVEN
HILLARY CLINTON ADMITTED THIS
WAS HAPPENING THAT ANTI-
FRACKING PROPAGANDA WAS
LARGELY FUNDED BY THE RUSSIANS,
THAT SENATE FOREIGN RELATIONS
COMMITTEE HAS DONE REPORTS ON
THIS , OF COURSE MY OWN ENERGY
AND COMMERCE COMMITTEE IS DOING
A REPORT ON THIS , SO THIS IS
NOT A BIG SECRET.
IT JUST HAS NOT BEEN WELL
PUBLICIZED.
THE PEOPLE NEED TO KNOW THAT
ANTI-FRACKING PROPAGANDA THAT
YOU HEAR CAN COME FROM RUSSIA.
DAVID: NOW SINCE YOU’RE PART OF
THE MINORITY, YOU DON’T HAVE
SUBPOENA POWER, IS THAT CORRECT,
SO YOU CAN’T GET AS MUCH AS YOU
COULD GET IF YOU GUYS WERE IN
THE MAJORITY, RIGHT?
>> THAT’S EXACTLY RIGHT.
WE DO NEED TO WIN THE MAJORITY
TO HAVE THAT POWER.
DAVID: YEAH.
I WANT TO ASK YOU ABOUT
VENEZUELA IF I CAN.
I DON’T UNDERSTAND THIS
ADMINISTRATION’S PURSUIT OF
VENEZUELA FILTHY DIRTY OIL, I
USED TO COVER LATIN AMERICA.
THERE’S NO OIL COMPANY IN THE
WORLD DIRTIER THAN PETEVESA,
AND THEY ARE ONLY PRODUCING LESS
THAN 700,000 BARRELS A DAY,
THAT’S JUST ABOUT EQUAL THE
DOMESTIC CONSUMPTION IN
VENEZUELA.
THEY GIVE SOME AWAY TO CUBA AND
THEY DON’T EVEN HAVE MUCH OIL TO
GIVE US.
WHY ARE WE GOING FULL SPEED
AHEAD AND ENGAGING A NARCO
DICTATORSHIP FOR SOMETHI
NG THAT THEY DON’T REALLY HAVE
MUCH OF?
>> RIGHT, AND THEIR
INFRASTRUCTURE TO EXPLORE AND
DRILL OIL & GAS HAS BEEN LARGELY
DECIMATED BECAUSE OF THE FALL OF
THE COUNTRY, OF COURSE AND
THERE’S PLENTY OTHER PLACES TO
LOOK.
MEXICO OBVIOUSLY HAS LARGE
RESERVES, COLOMBIA, ECUADOR,
OTHER PLACES TO LOOK AND ALSO
RIGHT HERE, DOMESTICALLY IN THE
UNITED STATES.
DAVID: THAT’S THE MAIN THING.
>> RIGHT.
DAVID: AND BY THE WAY --
>> YOU COULD ACTUALLY ALLOW
THESE TO LEASES TO GO.
DAVID: INSTEAD OF RELEASING THE
OIL AND NATURAL GAS HERE,
THERE’S THIS NEW PROPOSAL FOR A
SO-CALLED WINDFALL PROFITS TAX
WHICH EQUALS ABOUT 100% OF THEIR
PROFITS OVER THE PAST COUPLE OF
YEARS AND THAT WOULD DECREASE
DOMESTIC PRODUCTION EVEN MORE,
SO WE’RE DOUBLING DOWN ON OUR
PENALTIES AGAINST DOMESTIC
CONSUMPTION AND PRODUCTION.
>> RIGHT, AND SO THEY DO ALL OF
THESE THINGS, THEY DOUBLE DOWN
ON PENALTIES, THEY PUNISH THE
OIL & GAS INDUSTRY AND THEN
BIDEN TURNS AROUND AND SAYS WHY
AREN’T THESE GREEDY PROFITEERS
JUST PRODUCING MORE?
WELL THEY AREN’T PRODUCING MORE
BECAUSE YOU PUT SUCH A CHILLING
EFFECT ON THEIR INDUSTRY.
INVESTORS WON’T INVEST ON AN
INDUSTRY THAT MIGHT BE TAXED
OR REGULATED OUT OF EXISTENCE.
THEY AREN’T INVESTING IN AN
INDUSTRY THAT CAN’T GET THE
LEASES IT NEEDS TO START
THOSE DRILLING.
YOU KNOW, LOOK I ALSO DEBUNKED
THE LIES THE ADMINISTRATION TOLD
ABOUT THE 9,000 PERMITS OUT
THERE.
THAT’S A MISLEADING NUMBER.
IT TAKES A LOT MORE THAN JUST A
PERMIT TO START DRILLING.
A LOT OF PIECES OF THE PUZZLE
HAVE TO FIT TOGETHER.
YOU NEED THE ADDITIONAL LEASES
TO GET YOUR RIGHTS AWAY FIGURED
OUT, YOUR ENVIRONMENTAL PERMITS.
IT DOESN’T ALL JUST HAPPEN AT
ONCE, AND SO THESE COMPANIES ARE
GOING THROUGH THOSE MOTIONS AS
WE SPEAK, THEY HAVE ABOUT TWO
YEARS TO DO IT WHEN YOU GET A
LEASE APPROVED BUT WE’RE ALSO AT
THE HEIGHT OF PERMITS BEING
UTILIZED OVER 75%, SO IT WAS A
VERY MISLEADING COMMENT AND I
DON’T UNDERSTAND EVEN IN THE
MIDST OF ALL OF THIS AND ALL
THE PAIN AT THE PUMP, THIS
ADMINISTRATION CONTINUES TO
BE 100% AGAINST OUR DOMESTIC OIL
& GAS INDUSTRY.
IT MAKES NO SENSE.
DAVID: YOU ALSO BY THE WAY NEED
A PIPELINE TO PUT THAT OIL OR
GAS INTO AND THEY ARE
ELIMINATING A LOT OF THE