OPINION PIECE:
>> JOINING ME NOW REPUBLICAN
OKLAHOMA SENATOR JAMES
LANKFORD.
SENATOR THANK YOU.
I HATE TO LAUGH AT SOMETHING
THAT SO SERIOUS.
IT IS LAUGHABLE.
DO YOU UNDERSTAND WHAT IS
GOING ON WITH VENEZUELA
DEAL?
>> NO, NO ONE UNDERSTANDS
IT.
THE ADMINISTRATION SAYING WE
CAN’T PRODUCE OUR OWN OIL,
STILL BLOCKED OFF OUR LEASES
OFFSHORE AND ONSHORE, LET’S
GO TO VENEZUELA TO GET OIL.
ALL I CAN THINK IT WOULD
COME FROM THIS
ADMINISTRATION IS FOCUSED ON
THEIR CLIMATE POLICY TO SAY
WE HIT OUR CERTAIN CLIMATE
GOALS, WE NEED OIL TO FUNK,
FUNCTION TO MEET THEIR
QUOTE, UNQUOTE GOALS WE’LL
BRING IT FROM OTHER PLACES
AND PRETEND WE’RE REDUCING
OUR OUTPUTS THAT IS
RIDICULOUS, THAT IS
EMPOWERING THE DICTATORS.
IN ARE A LOT OF JOBS THAT
COME WITH OIL PRODUCTION,
TAKING JOBS FROM PEOPLE.
DAVID: I KNOW A LOT ABOUT
VENEZUELA.
I COVER THE THAT TROJAN FOR
12 -- THAT REGION FOR 12
YEARS, THEY ARE ONE OF
DIRTIEST OIL COMPANIES IN
THE WORLD IT IS THIL FILTHY
AND OIL BURNS DIRT IARIER
THAN OUR OIL, SAY FROM GULF
OF MEXICO.
IT MAKES NO SENSE, AND OTHER
POINT ALSO, THEY USED TO
PRODUCE 3 1/2 MILLION
BARRELS A DAY, THAT IS HOW
EFFICIENT THEIR OIL COMPANY
WAS.
NOW THEY PRODUCE ABOUT
600,000 BARRELS A DAY, THEY
HAVE THE CRONIES IN THERE.
SO, EVEN IF WE WERE TO GET A
DEAL WITH THEM, THEY DON’T
HAVE EXTRA OIL TO EXPORT.
>> THEY DON’T, THEY DON’T
HAVE THE COMMENT, RIGHT NOW
THE BIDEN ADMINISTRATION IS
BLOCKING US PRODUCING OUR
OWN OIL, WE NEED TO INCREASE
THAT CAPACITY, BUT ALSO
REFINING, THIS IS REALLY
IMPORTANT AS WELL, NOT JUST
HOW DIRTY THE OIL IS IN
BEGINNING BUT HOW YOU HANDLE
THE REFINING PROCESS, WITH
CONTINUAL OFFSHORING OF OUR
REFINING, AT END OF DAY IF
WE PRODUCE OUR OWN OIL, WE
DON’T HAVE OUR OWN REFINING
CAPACITY.
IF YOU CAN’T PRODUCE YOUR
OWN FUEL AND FOOD, 4 NATION
YOUR NATION IS ALWAYS
EXPOSED TO DANGER AND RISK.
WE HAVE TO MAKE SURE WE’RE
ENERGY INDEPENDENT.
DAVID: THE REPUBLICANS HAVE
NOT YET WE STILL DON’T KNOW
WHAT FINAL COUNT IS, WE KNOW
THAT NO MATTER WHAT HAPPENS
DOWN IN GEORGIA, YOU ARE NOT
HAVING MAJORITY IN SENATE,
IT WILL BE 50 SLRK/50 AT
BEST, REPUBLICANS ARE
MAJORITY IN HOUSE, THEY CAN
HAVE HEARINGS, IS SOME
SOMETHING YOU HOPE WOULD TO
SEE, THERE ARE U.S. JOBS AT
STAKE, AND THERE IS
POSSIBILITY OF FINDING MORE
OIL HERE THAT IS LOST.
DO WE NEED HEARINGS, ON THIS
SUBJECT?
>> WE DO.
WE NEED A LOT.
NOT JUST HEARING TO GO AFTER
PEOPLE BUT TO GO AFTER FACTS
AND DETAILS, TO DISCOVER
WHAT IT MEANS WHEN WE CUT
OFF OUR PRODUCTION.
WHAT IS 24% OF AMERICAN OIL
PRODUCTION OFF FEDERAL
LANDS.
IF WE LOSE THAT, WHAT DOES
THAT REALLY MEAN TO PRICE
AND FUTURE, NOT JUST NOW BUT
NEXT 5 TO 10 YEARS FOR THOSE
FIELDS.
THAT IS IMPORTANT.
WE DO, THAT BY THE WAY
GEORGIA IS IMPORTANT ON
SENATE, COMMITTEE THE WILL
BE EQUALLY DIVIDED OR ONE
MORE DEMOCRAT THAN
REPUBLICANS, THAT GEORGIA
RACE IS IMPORTANT.
TO MAKE SURE THAT EVERY
COMMIT IS A 50/50 TO DEAL
WITH THIS THE BEST WAY
POSSIBLE.
DAVID: A GREAT POINT.
WE ARE ABOUT TWO MILLION
BARRELS A DAY SHORT OF WHERE
WE SHOULD BE NOW, BECOME TO
DECEMBER OF 2019, WE WERE
PRODUCING 13 MILLION A DAY.
THERE WAS A MCKENZIE REPORT
THAT CAME OUT A COUPLE
MONTHS AGO SHOWING THAT WE
COULD PRODUCE 2 MILLION
BARRELS PER DAY MORE THAN
JUST FROM THE GULF ALONE AND
GULF BURNS THE CLEAN OIL.
WHY NOT BRING UP THAT WITH
THE ADMINISTRATION, AND SAY,
HERE IS A PERFECT WAY TO GET
CLEANER OIL, TO FILL UP OUR
RESERVES AND ET CETERA.
>> THERE ARE TWO EASY WAYS
TO DO THIS OFFSHORE IN GULF
OR IN ALASKA, ADMINISTRATION
IS FOCUSED ON BLOCKING BOTH
OF THOSE.
THEY ARE DOING ALL THEY CAN
TO BLOCK ALASKAN OIL
PRODUCTION AND THEY HAVE
LARGE SUPPLIES THERE THEY
ARE PROVEN RESERVES,
ALASKAIANS ARE READY TO SHIP
IT OUT.
BUT THE ADMINISTRATION IS
BLOCKING THAT.
VERY EXPENSIVE TO DRILL IN
THE GULF, BUT WITH PRICE PER
BARREL RIGHT NOW IT MAKES
GOOD ECONOMIC SENSE AND A
LOT OF FEDERAL LAND WHETHER
IN NEW MEXICO OR NORTH
DAKOTA OR MONTANA.
THERE IS A LOT OF PROVEN
RESERVES THERE.
BUT ADMINISTRATION IS
BLOCKING IT.
>> MAKING NO SENSE, I HOPE
WE HAVE MORE HEARING,