QUICK THINKING KELLY O’GRADY.
GAS PRICES ARE UP NEARLY 50%
VERSUS LAST YEAR STICKING AT A
SEVEN YEAR WITH THE SNOW
CALIFORNIA CONGRESSMAN DARRELL
ISSA.
IT’S GOOD TO SEE THEM AGAIN
FOR THE WHITE HOUSE AS THEY
WANT TO KEEP GAS PRICES LOW
BUT THE CLIMATE CRISIS CANNOT
WAIT CAN DO BOTH?
>> YOU CAN SAY BOTH YOU CANNOT
DO BOTH.
IF WE COULD CONTINUE TO BE A
PRODUCER AND EXPORTER OF GAS
NOTWITHSTANDING CALIFORNIA’S
TAXES WE WOULD DRIVE DOWN THE
COST OF ENERGY ACROSS THE
BOARD, THIS IS PARTICULARLY
TRUE AND NATURAL GAS WILL
REWRITE NET EXPORTER AND WE
CONTINUE ON THE TRAJECTORY WE
ARE ON WOULD BE AN EVEN
GREATER EXPORTER.
WHAT THAT MEANS IS OUR PRICES
WOULD BE LOWERED THE GLOBAL
PRICES WOULD BE LOWER.
IT DOES NOT MEAN YOU WILL
CONSUME MORE MEANS YOU HAVE AN
OPPORTUNITY TO GET OFF OF COAL
ANOTHER HIGH POLLUTING FUELS.
ONE OF THE THINGS ARE NOT
SAYING IS NOT ONLY ARE WE
PAYING MORE FOR FUEL BUT RIGHT
NOW CHINA IS BUYING ALL OF THE
COAL THEY CAN GET, THE ACTUAL
CARBON EMISSIONS IN EUROPE,
THE UNITED STATES AND CHINA
ARE GOING UP THIS YEAR
REVERSING A TREND WHERE WE
WERE GOING DOWN FOR MANY YEARS
INCLUDING ALL THE TRUMP
YEARS.
>> IT’S INTERESTING TO POINT
OUT CHINA PRETTY WANT TO POINT
OUT QUICKLY THE WHITE HOUSE
AND THE DEMOCRATS WANT CLEAN
ENERGY, 80% OF OUR U.S.
ELECTRICITY FROM ZERO CARBON
WHEN CHINA PUTS OUT MORE
GREENHOUSE GASES THAN THE U.S.
IN THE DEVELOPED WORLD
COMBINED.
CONGRESSMAN, YOU AND I’VE BEEN
TALK ABOUT THIS AND OTHER
EXPERTS HAVE WARNED ABOUT
THIS.
THE U.S. COULD START LOOKING
LIKE YOUR.
WE HEAR THAT COMPLAINT A LOT,
RIGHT?
IT’S A SERIOUS THOUGHT IN THIS
WAY.
THE SAME CHRONIC ENERGY CRISES
EUROPE IS DEPENDENT ON RUSSIA
FOR FUEL.
NOW INSTEAD OF EXPORTING
ENERGY WERE BACK TO IMPORTING
ENERGY AS YOU POINTED OUT
HANDING POWER BACK TO OPEC,
RUSSIA, VENEZUELA.
LET’S LISTEN FOR PRESIDENT
TRUMP AND MIKE POMPEO ON THIS,
WATCH.
>> ONE OF THE OTHER THINGS AS
VERY PROUD OF US WE BECAME
NUMBER ONE IN THE WORLD IN
ENERGY, OIL, AND OUTPUT.
WE’RE BEATING SAUDI ARABIA BY
A LOT WE’RE BEATING RUSSIA BY
A LOT.
WE ARE BIGGER THAN BOTH AND
NOW WERE GOING BACK TO THEM?
WE ARE GOING BACK TO OPEC FOR
THE FIRST TIME IN A LONG
TIME.
WE ARE GOING BACK TO OPEC
BECAUSE WE DO NOT HAVE ENOUGH
ENERGY, WE DO NOT HAVE NUT OIL
AND GAS BECAUSE A LOT OF THE
AREAS THAT WE ARE TALKING
ABOUT WERE SHUT DOWN.
STUPIDLY SHUT DOWN FOR NO
REASON.
NOT EVEN AN ENVIRONMENTAL
REASON, THEY WERE JUST SHUT
DOWN.
>> MOST OF THE WORK THAT CAME
TO DEVELOP THROUGH WARP SPEED,
THE VACCINE THAT ULTIMATELY
DELIVERED GOOD OUTCOMES FOR
THE WORLD AND SO MUCH OF THE
PHARMACEUTICAL COMPANIES HAVE
THE MOST TECHNOLOGY IN THE
WORLD ALL CAME FROM AMERICA.
BECAUSE THIS THE SYSTEM WE
HAVE.
EUROPE HAS A VERY DIFFERENT
MODEL DOES NOT REWARD WORK AS
MUCH BUT HAS NO PLACE FOR
INNOVATION IS WHY WE HAVE
OUTCOMPETED THEM AND GROW IN
OUR ECONOMY.
ELIZABETH: WHAT YOU SAY
CONGRESSMAN?
>> CLEARLY IF YOU ARE NORWAY
YOU ARE VERY HAPPY TO BE A
NEXT ED PORTER AND VAST
AMOUNTS.
MOST OF EUROPE HAS BEEN TO
FOOLISH TO DEVELOP AN
INDEPENDENT CAPABILITY TO HAVE
CLEANER ENERGY.
SO INSTEAD THEY ARE GOING TO
BUY IT FROM RUSSIA FOR THE
GOING TO BUY IT FROM RUSSIA AT
THEIR OWN PERIL.
AMERICA WAS ON THE PATH TO
REPLACING RUSSIA AS A RELIABLE
SOURCE FOR NATURAL GAS FOR
YOUR.
THAT MADE THE EUROPEANS
CLEANER AND MORE ABLE QUITE
FRANKLY TO BE INDEPENDENT OF
THE WRONGDOING OF RUSSIA.
THERE IS A NUMBER OF AREAS
BESIDE JUST COSTS WHERE WE
WERE ON THE RIGHT TRACK AS A
NET EXPORTER.
AND AGAIN NATURAL GAS ALLOWED
US TO REDUCE OUR CARBON
FOOTPRINT EVERY YEAR FOR A
DECADE.
AND IN FACT RIGHT NOW WE ARE
GOING THE OTHER DIRECTION AS
IS THE REST OF THE WORLD.
WE HAVE MADE A LOT OF
MISTAKES.
THOSE MISTAKES ARE
REVERSIBLE.
THE NUMBER ONE MISTAKE WE MADE
WAS TO ELECT JOE BIDEN AND
BRING IN WITH THAT POLICIES
THAT STARTED SHUTTING DOWN THE
ABILITY TO BE SELF RELIANT ON
AFFORDABLE ENERGY WHICH WAS
MAKING US THE ENVY OF THE
WORLD.
AND QUITE FRANKLY WE WERE
REDUCING OUR CARBON EMISSIONS
WHILE AT THE SAME TIME TAKING
CARE OF OUR PEOPLE AT AN
AFFORDABLE RATE.
>> IT IS A WILD PIERCING
EUROPE EXPERIENCING NATURAL
GAS SHORTAGES AS A BAND
FRACKING THEY’RE LOOKING AT
RUSSIA BURIED THEIR NET GAS