(dramatic music)
IS NOT SPENT UNTIL STARTING IN
FISCAL YEAR 2023 THROUGH THE
NEXT NINE YEARS.
LESS THAN, LESS THAN PROBABLY 5%
OF THE BILL IS LIKELY TO BE
SPENT IN THIS FISCAL YEAR.
YET SOMEHOW OR ANOTHER THIS
WILL, SPENDING A BUNCH OF MONEY
IS GOING TO REDUCE PRICES AND
EVEN THOUGH MOST OF THAT MONEY
IS SPENT IN, YOU KNOW, ONE, TWO,
THREE, FOUR, FIVE, SIX, SEVEN,
EIGHT NINE, 10 YEARS FROM NOW.
WHERE IS THIS ALL GOING?
I CAN’T FIGURE IT OUT.
DAGEN: I ALWAYS SAID DESPERATION
IS THE WORLD’S WORST COLOGNE.
I MIGHT BE SOME MILES AWAY FROM
D.C. BUT I CAN SMELL IT FROM
HERE.
>> YES.
DAGEN: I BEG TO DIFFER, THIS IS
POLICY AFTER POLICY OUT OF THIS
ADMINISTRATION PARTICULARLY OUT
OF THE ENERGY SECTOR, CAUSING
THAT SPIKE IN OIL GASOLINE
PRICES.
>> ABSOLUTELY F YOU CALL A HALT
TO LEASING ON FEDERAL LANDS,
FEDERAL WATERS, RAMP UP
REGULATIONS ON OIL AND GAS
DEVELOPMENT, CLOSE DOWN ANWR AND
DRILLING IN ALASKA, THEREBY
CRIMPING SUPPLY AND DRIVING UP
COSTS OF PRODUCTION, WHY SHOULD
YOU BE SURPRISED THAT SUDDENLY
PRICES GO UP.
THINK ABOUT THIS, WHAT DO THEY
WANT TO HAVE HAPPEN IN ORDER TO
BRING PRICES BACK DOWN.
THEY WANT RUSSIA AND
SAUDI ARABIA AND THE ARABS TO
PRODUCE MORE.
AND THEY RECOGNIZE THAT IF YOU
HAVE MORE SUPPLY PRICES GO DOWN.
RATHER THAN SAYING WE WANT
AMERICAN WORKERS AND AMERICAN
JOBS AND AMERICAN ENVIRONMENTAL
STANDARDS WHICH ARE TOUGHER THAN
ANY IN THE WORLD, WE WANT THOSE
TO BE PUT INTO PLAY IN ORDER TO
BRING PRICES DOWN.
THEY TURN TO THE A OF RIVAL
RUSSIA AND PEOPLE IN THE
MIDDLE EAST WHO DON’T LIKE US,
YOU SOLVE THE PROBLEM WE’RE
CREATING HERE AT HOME.
DAGEN: KARL, THEY WANT HIGH
PRICES.
I SAID THIS ALL ALONG.
>> OH, SURE.
DAGEN: HIGHER PRICES MAKE
ALTERNATIVES MORE ECONOMICALLY
FEASIBLE OR FINANCIALLY
SENSIBLE.
YOU ACTUALLY HEARD AGAIN
JEN PSAKI THE OTHER DAY SAYING
THE HIGH PRICES ARE EVIDENCE OF,
EVIDENCE OF THE REASON THAT WE
NEED TO SPEND MORE ON
THEY WANT AMERICANS TO SUFFER
FOR THIS AND GOAL, WHERE TO FUN
BURGS DREAMWORLD. >> THINK ABOUT THIS, THIS IS
>> THINK ABOUT THIS, THIS IS
RIDICULOUS.
HIGHER NATURAL GAS PRICES WHICH
WE HAVE BECAUSE SUPPLIES ARE
CRAMPED, THAT’S OUR PRINCIPLE,
THE LARGEST SINGLE SOURCE OF
ELECTRICITY TO POWER ECONOMY SO
LET’S NATURAL GAS PRICES, DRIVE
THEM UP, DRIVE UP ELECTRICITY
COSTS AND PRICES, LET’S CONVERT
TO ELECTRONIC ECONOMY WE HAVE
ELECTRONIC CARS AND EVERYTHING FOR ELECTRICITY BUT AT THE END
FOR ELECTRICITY BUT AT THE END
OF THE DAY, NATURAL GAS IS THE
LARGEST SINGLE SOURCE OF
ELECTRICITY WE HAVE IN AMERICA
TODAY AND NOTHING ELSE.
ALL THESE OTHER THINGS ARE GOING
TO TAKE DECADES TO REPLACE
NATURAL GAS AND THE COST OF
PRODUCING ENERGY USING
RENEWABLES LIKE WIND AND SOLAR
ARE HIGHER.
IF THE SUN DOESN’T SHINE OR
DOESN’T BLOW, WHERE ARE WE LEFT
THEN?
WE CAN SEE CALIFORNIA AND OTHER
PLACES THAT RELY UPON RENEWABLES
AND THEY DON’T SHINE, YOU GOT A
PROBLEM.
>> WHAT HAPPENED IN TEXAS LAST
WINTER AND WHAT HAPPENED ENGLAND
WITH WIND TURBINES?
OF COURSE A PROBLEM WHEN JOE
BIDEN CREATES A PROBLEM AND
PEOPLE WAKE UP TO IT, WHAT DO
THEY DO?
THEY BLAME SOMEBODY AND USING DEMAGOGUE, I’M QUOTING A TWEET
DEMAGOGUE, I’M QUOTING A TWEET
TO SHIFT ACCOUNTABILITY ON IT SO
THE WHITE HOUSE SENT THE FEDERAL
TRADE COMMISSION A LETTER
TALKING ABOUT, I WANT TO DRAW
YOUR ATTENTION TO MOUNTING
EVIDENCE OF ANTI- CONSUMER
BEHAVIOR BY OIL AND GAS
COMPANIES SO THEY ORDERED FTC TO
CRACK DOWN ON PRICE GOUGING.
WHAT DO YOU MAKE OF THIS?
>> CONVENIENT SCAPEGOAT, YOU
NOTICE THEY DIDN’T PUT THEIR
MOUNTING EVIDENCE BECAUSE THERE
ISN’T ANY.
YOU THINK THE OIL COMPANIES ARE
UNDER TOUGH REGULAR TRAY
SCRUTINY ILLICIT ACTIVITY AND
AFFECT THE PRICE DRIVEN UP BY
DECISIONS MADE BY THE GOVERNMENT
IN LARGE PART AND BY THE FACT
THAT LAST YEAR PEOPLE LEFT THE
ENERGY INDUSTRY WHEN THE ECONOMY
SHUT DOWN AND LESS DEMAND AND
GET TO COME BACK TO WORK BUT YOU
ARE RIGHT, THEY CREATE A PROBLEM
OR CONTRIBUTE TO A PROBLEM OR
DON’T SOLVE A PROBLEM AND WHAT
DO THEY DO?
BLAME OPPOSITION FOR.
IT WAS A TRUMP POLICIES THAT
RESULTED IN OPEN BORDERS, IT’S
THE TRUMP ADMINISTRATION AND
REPUBLICANS OPPOSING OUR
BEAUTIFUL BILLS TO SPEND AN
ADDITIONAL $4 TRILLION THIS YEAR
ON TOP OF THE 6 TRILLION FEDERAL
BUDGET REPUBLICAN OPPOSITION
CREATING INFLATION, NOT THE FACT
THAT WE GOT TOO MUCH MONEY
CHASING TOO FEW GOODS.
THESE PEOPLE HAVE NO SHAME.
FOR JEN PSAKI TO SAY THAT, IT
DISHONORS THE JOB SHE HAS AS
WHITE HOUSE PRESS SECRETARY.
>> BEFORE WE GO, I’M GOING TO
SPEAK TO SENATOR SOON AFTER THIS
THIS, NANCY PELOSI, CBO BUDGET
SCORE WILL COME OUT ON THIS
MONSTROSITY, WHAT HAPPENS NOW
THAT PELOSI AND BIDEN, HERE IS
PELOSI TALKING ABOUT THE COST,
THE DOLLAR AMOUNT, SHE DID THIS
WEIRD ZERO THING LIKE THIS.
WHAT ARE THEY GOING TO DO WHEN
IT COMES OUT FRIDAY?
>> LET’S BE CLEAR, THE COST IS
NOT ZERO, THE COST IS 1.7 $5
TRILLION IN ALL LIKELIHOOD MORE
BECAUSE THEY USED TEN YEARS OF
REVENUE TO PAY FOR THREE OR FOUR
OR FIVE YEARS OR SIX YEARS OF
THESE PROGRAMS SO THE COST IS
WHAT WE TAKE OUT OF OUR POCKETS
AND PAY FOR IT AND IT’S GOING TO
BE BIG SO THE IDEA THAT WE ARE
SO STUPID $1.75 TRILLION OF
FEDERAL EXPENDITURES WILL COST
THE AMERICAN PEOPLE ZERO, THEY
HAVE NO RESPECT FOR OUR
INTELLIGENCE, WE ARE IDIOTS.
>> THEY DO NOT AND KEEP TALKING
ABOUT THE ENERGY SECTOR LIKE WE
DON’T UNDERSTAND WHAT FUELS ARE,
WHAT A GREAT BENEFIT IT’S BEEN
TO OUR ECONOMY.
PLENTIFUL FUEL THAT RAISES OUR