LARRY: NEXT UP TONIGHT, JOE
BIDEN IS DEPLETING THE STRATEGIC
PETROLEUM RESERVE.
AND ENERGY PRICES ARE BARELY
GOING DOWN.
HERE NEARLY AS HIGH AS THEY WERE
AT THE TOP.
JOINING ME, FORMER TEXAS
GOVERNOR RICK PERRY.
IT’S AN INTERESTING TABLE THAT I
GOT FROM SANDRA SMITH WHO WAS IN
HERE YESTERDAY OR THE DAY BEFORE
AND BILL HEMMER.
WE HAVE HAD THREE TRANCHES OF
STRATEGIC PETROLEUM RESERVE
SALES.
THAT’S 260 MILLION BARRELS.
SO A COUPLE THINGS, RICK.
NUMBER ONE, WE JUST DEPLETED
ABOUT 40% OF THE STRATEGIC
PETROLEUM PLEA SERVE WHICH IS
SUPPOSED TO BE FOR ENERGY AND
NATIONAL SECURITY, NOT POLITICAL
PRICE FIXING.
AND GAS PRICES HAVE GONE UP
EVERY STEP OF THE WAY AND THE
CRIES OF CRUDE OIL.
THEY MAY BE OFF THE MAKE BUT
THEY HAVEN’T COME DOWN.
I WOULD SAY THAT’S A WASTE OF
MONEY AND BIDEN’S FOLLY.
>> INCREDIBLY INEPT IS ALL YOU
CAN SAY ABOUT THIS.
SOME EXPERTS HAVE TAKEN A LOOK
AT THIS AS HAVE YOU, AND SAID
HAD THE BIDEN ADMINISTRATION NOT
SENT THAT STRATEGIC PETROLEUM
RESERVE CRUDE OUT OF THE COUNTRY
IN MOST CASE, AND THE KNOWLEDGE
IT WAS SENT TO CHINA IS
UNBELIEVABLE.
WE ARE HELPING OUR ARCH ENEMY AT
THE SAME TIME WE ARE SEEING
AMERICAN CITIZENS PAY SOME OF
THE HIGHEST PRICES EVER.
WE ARE DOWN TO THE LOWEST
STRATEGIC RESERVE AREAS SINCE
1986.
OUR REFINERIES ARE AT THEIR
LOWEST CAPACITY OF CRUDE ON HAND
SINCE 2004.
WE ARE ON THE VERGE OF A MAJOR
CALAMITY.
THE BIDEN ADMINISTRATION IS
SENDING ONE OF OUR MOST VALUABLE
RESOURCES TO OTHER PLACES IN THE
WORLD.
THIS INEPTITUDE AT A LEVEL I
DIDN’T THINK EVEN THE BIDEN
ADMINISTRATION WAS ABLE TO --
LARRY: PRESIDENT TRUMP,
YOURSELF, WHEN WE ALL LEFT
OFFICE I BELIEVE THERE WAS
SOMETHING LIKE 160 MILLION
BARRELS WHICH WAS A STRONG
NUMBER.
THESE GUYS ARE RUNNING IT DOWN BY 260 MILLION, THAT’S 4.
BY 260 MILLION, THAT’S 4.
>> -- THAT PHONEYARTIFICIAL ATTE
FIXING FAILED.
FOR SOME REASON, SOMEONE SHIPPED
THIS STUFF OVERSEAS.
I DON’T KNOW IF IT WENT TO CHINA
DIRECTLY.
ONCE IT GOT OUT INTO EUROPE, A
LOT OF DEALERS STARTED CHANNEL
IT TOWARDS CHINA AND UNDER YEAH
THAT ARE HUNGRY FOR OIL AND OIL
PRODUCTS.
SEVERAL MONTHS AGO I QUOTED YOU
PROBABLY A THOUSAND TIMES.
IF INSTEAD THE BIDENS HAD
LOOSENED THE REGULATIONS ON
NATURAL GAS AND LNG EXPORTS,
SOLD IT TO CHINA AND INDIA, WE
WOULD HAVE DONE MORE TO REDUCE
GLOBAL CARBON EMISSIONS THAN
ANYTHING THE BIDENS HAD DONE
WITH THEIR SUBJECTS DOES AND
TAXES AND EXPORTS TO CHINA.
YOU WERE RIGHT THEN AND YOU ARE
STILL RIGHT NOW.
>> YOU MENTIONED SOMETHING IN
YOUR EARLIER SEGMENT ABOUT THE
EPA GOING AFTER THE PERMIAN
BASIN WITH THEIR OZONE RULES.
THE BIDEN ADMINISTRATION IS JUST
LYING TO THEM.
I CAN’T FIND ANY OTHER THING TO
BASE IT ON.
THIS ADMINISTRATION IS LIE
TOGETHER AMERICAN -- IS LYING TO
THE AMERICAN PEOPLE’S WHEN THE
FACT OF THE MATTER IS WE’LL BE
USING FOSSIL FUELS FOR YEARS TO
COME.
WE MAKE A TRANSITION SOMETIME IN
THE FUTURE.
BUT IF WE ARE GOING TO DO THAT,
THEN WHY WOULDN’T YOU USE
AMERICAN FOSSIL FUEL, AMERICAN
PRODUCED FUEL?
BECAUSE WE DO IT SAFER AND
CLEANER THAN ANYBODY IN THE
WORLD.
SO THE IDEA THEY ARE OUT THERE
PREACHING THAT YOU HAVE GOT TO
GET RID OF FOSSIL FUELS, THERE
IS THIS TERRIBLE THING THAT’S
GOING TO HAPPEN TO THE WORLD.
AND IT’S GOING TO BE THE DEATH
OF LITERALLY BILLIONS OF PEOPLE
IN PLACES WHO DON’T HAVE ACCESS
TO ENERGY TODAY BECAUSE THE
BIDEN ADMINISTRATION, THE JOHN
KERRIES OF THE WORLD, ALL THIS
WOKE LEFT IS DESTROYING AN
ENERGY THAT HAS THE ABILITY TO
HAVE PEOPLE OF THE WORLD BEING
GIVEN SOME OF THE BEST QUALITY
OF LIFE THEY EVER HAD, AND THESE
PEOPLE ARE AGAINST IT.
I DON’T GET IT.
LARRY: AS A FORMER GOVERNOR AND
ENERGY SECRETARY, THIS OZONE
RESTRICTION THAT WOULD SHUT
COUNT PERMIAN IS UTTER SHEER
INSANITY.
JUST YOUR OWN JUDGMENT, DO YOU
THINK THE EPA COURT DECISION
WILL GRADUALLY STOP AND TURN
BACK SOME OF THIS GREEN NEW DEAL
INSANITY.
>> I DO.
AND IT WILL SEND A MESSAGE TO
OTHER AGENCIES.
ON THE NUCLEAR SIDE, WE NEED TO
ALLOW A STATE TO DECIDE WHETHER
TO PERMIT AND MODULATE A SMALL
NUCLEAR REACTOR.
USING THE TENTH AMENDMENT THAT
SAYS IF IT’S NOT CLEARLY SPOKEN
TO IN THE CONSTITUTION, IT’S UP
TO YOU STATES WHAT YOU NEED TO
BE DOING.
THIS IS A GREAT EXAMPLE OF IT.
THE EPA IS COMPLETELY OUT OF
CONTROL.
MY BED IS THERE IS GOING TO BE
SOME STATES PUSHING BACK HARD AS
THEY SHOULD.
FORMER ENERGY SECRETARY AND
FORMER GOVERNOR TEXAS.
FORMER APARTMENT IN THE AIR
FORCE.
RICK PERRY.