THAT THE CAR WAS "TRESPASSING
ALONG RAILROAD RIGHTS OF" >> THE
ENTIRE WORLD IS FEELING THE
IMPACT OF RUSSIA’S BRUTAL WAR IN
UKRAINE.
AND ON OUR ENERGY MARKETS.
WE NEED WORLDWIDE EFFORT TO
INVEST IN TRANSFORMATIVE CLEAN
ENERGY PROJECTS AND WENT TO
ENSURE THEIR CRITICAL
INFRASTRUCTURE IS RESILIENT TO
CHANGING CLIMATE.
>> Dana: PRESIDENT BIDEN AT
THE G7 CALLING FOR MORE CLEAN
ENERGY DEVELOPMENT FOR THIS AS
GAS PRICES AT HOME REMAINED NEAR
RECORD HIGHS.
LET’S BRING IN RICK PERRY,
FORMER ENERGY SECRETARY.
I FOUND IS JARRING BECAUSE THIS
LAST WEEK WE REPORTED ON GERMANY
RESTARTING SOME OF HIS RETIRED
COAL-FIRED PLANTS BECAUSE THEY
DON’T HAVE ENOUGH ENERGY IN THE
GREEN ENERGY REVOLUTION THAT WE
WOULD ALL OF THIS HE IS NOT
QUITE HERE YET.
HERE THE PRESIDENT OF THE G7
SAYING JUST HAVE MORE CLEAN
ENERGY.
MR. SECRETARY, CAN YOU HEAR ME?
>> I CAN.
GO AHEAD.
I THOUGHT YOU ARE SHOWING
SOMETHING ON THE SCREEN.
>> Dana: ABOUT IT WAS SO
JARRING.
I HAD A JARRING PAUSE.
HERE WE ARE.
I DON’T UNDERSTAND WHAT THE
PRESIDENT’S POSITION IS AT THE
G7 FOR THAT.
>> LET’S JUST SAY WE PAUSE FOR
EFFECT THERE.
THE PRESIDENT’S AFFECT HERE IS
STUNNING.
THE IDEA THAT YOU’VE GOT GERMANY
ASKING TO GO BACK AND CRANK UP
THOSE COAL PLANTS, I THINK YOU
HAD THE JAPANESE DURING THE G7
ASKING FOR A PAUSE ON THIS NET
ZERO AND PUSH FOR ELECTRIC CARS.
EVERYBODY UNDERSTANDS, THIS WAS
A FEEL-GOOD EFFORT, DANA.
THIS REFLECTING AT THE THRONE OF
THE CLAIMANT IS A FEEL-GOOD
EFFORT.
JOHN KERRY IS OUT THERE WANTING
PEOPLE TO THINK THAT HE HAS THE
CLAIMANT’S BEST INTEREST IN MIND
WHEN HE IS FLYING AROUND ON THE
JET SPEWING OUT THOSE EMISSIONS.
THE BACK AND FORTH BETWEEN THESE
FOLKS, THE WHIPLASH THAT THEY
ARE CAUSING THE AMERICAN PEOPLE
IS STUNNING.
THE FACT IS, FOSSIL FUELS HAVE
ALLOWED THE PEOPLE OF THE WORLD
IN PARTICULAR, AMERICANS TO
FLOURISH IN THEIR EVERYDAY
LIVES.
THEY HAVE ENJOYED THINGS THAT
ARE GOOD, WHETHER IT IS A
MEDICAL BREAKTHROUGH OR ABILITY
TO LIVE IN AREAS THAT HAVE
INCREDIBLE HOT TEMPERATURES IN
THE SUMMER ARE FOR THAT MATTER
WARMING THEM IN THE WINTER.
IT HAS BEEN FOSSIL FUELS THAT
HAVE DONE THAT.
FOR THEM TO TURN AROUND AND TO
SAY TO THE KINGDOM OF
SAUDI ARABIA, PLEASE GIVE US
MORE PRODUCTION WHEN THE
UNITED STATES IS SITTING ON THE
LARGEST RESERVES IN THE WORLD,
MR. PRESIDENT, IF YOU REALLY
WANT TO MAKE A DIFFERENCE, IF
YOU WANT TO BE HONEST WITH THE
AMERICAN PEOPLE, ASK THE
AMERICAN OIL AND GAS INDUSTRY TO
PRODUCE MORE.
NOT JUST AMERICANS BUT FOR THE
WORLD.
>> Dana: ONE OF THE THINGS
THAT THEY G7 LEADERS AGREED TO
DO WAS TO TRY TO PUT A PRICE CAP
ON RUSSIAN OIL.
HOW DOES THAT WORK?
HOW WOULD THAT AFFECT PEOPLE
HERE AT HOME?
>> IT’S GOING TO DRIVE UP THE
COST OF GASOLINE.
WHEN YOU RUN OUT THE COST OF
ENERGY, YOU ARE GOING TO AFFECT
EVERYTHING.
IT’S ONE OF THE TRUISMS THAT
ENERGY IS AT THE BASIS OF THIS
INFLATION ISSUE.
WHEN YOU LOOK AT WHAT IT COSTS
NOW TO GO TO THE GROCERY STORE,
I LITERALLY WAS IN THE
GROCERY STORE LAST WEEK LOOKING
AT THE PRICE ON SOME THINGS.
HOLY MACKEREL.
YOU KNOW, A BLOCK OF CHEESE THAT
WAS, LIKE, $4.60 SOMETHING CENTS
FOR A 1-POUND BLOCK OF CHEESE.
IT IS, LIKE, GOOD LORD.
WE ARE SEEING THESE PRICES AND
PEOPLE ACROSS THE BOARD.
PARTICULARLY THE POOR AND
MIDDLE-CLASS REALLY PAYING A
HUGE PRICE.
IT GOES BACK TO THE COST OF
ENERGY.
AND WE’VE GOT IT.
AND YOU’VE GOT THESE RADICALS ON
THE LEFT AND FRANKLY, RADICALS
IN THE DEMOCRAT PARTY THAT ARE
BASICALLY SAYING, WE DON’T CARE.
WE ARE GOING TO RIDE THIS PONY
UNTIL IT COMPLETELY COLLAPSES.
AND YOU ARE SEEING THAT IN
EUROPE.
THE GERMANS, THE EUROPEAN UNION,
THEY HAVE WRITTEN THIS PONY.
IT HAS COLLAPSED UNDERNEATH HER
LET’S GET OUR COAL PLANTS BACK
UP.
LET’S NOT TALK ABOUT THIS NET
ZERO STUFF.
>> Dana: FRESH HORSES --