Gas prices about to jump?

The price per barrel of oil went up slightly on Wednesday.

Glenn's radio co-hosts, Pat Gray and Stu Burguiere, commented on the implications during Glenn's radio program, as Glenn continued his travels throughout the Middle East and Europe.

Prices went up a bit from about $40 per barrel --- the lowest price since 2009.

"These extreme prices in oil are not necessarily good," Pat said. "I mean, I know $20 a barrel sounds really good because that's half of what it costs right now."

Listen to the full segment or read the transcript below.

Below is a rush transcript of this segment, it might contain errors.

PAT: The price per barrel of oil went up a little bit.

STU: Yeah, it was very low. I think it was the lowest since 2009 just the other day.

PAT: Right around 40 bucks a barrel.

STU: And it's up a little today because now the stockpiles -- they expected an increase of I think two or 3 million barrels, and they got a decrease of 2 million barrels. Something like that. So it's kind of shocking, I guess, to the market. But how it relates to actual -- your life, you know, gas prices have obviously been pretty low recently. And there's so much disagreement on what's going to happen next with oil prices in that there are a lot of people saying it could go down as low as $20 a barrel which is basically half price of what you're paying now. And then there are several experts, one of which I saw specifically mentioned, within the next two years, they expect oil to hit $150 a barrel. Now, I don't know if that means, that you just tune it out and don't care because -- the predictions are so all over the board. But think about what this means for the Middle East. We talk about the Middle East all the time and ISIS and how these things develop.

Saudi Arabia is expected to run a 20 percent deficit for their budget this year.

PAT: Really?

STU: 20 percent. That's a lot of money to be in deficit.

PAT: Yeah.

STU: They are even projecting their first deficit. They don't say it's as big. But they're projecting a deficit as well. They're forced now to borrow money. They can't balance their budget. Venezuela, we talked about yesterday, is in serious trouble because they don't -- their production has been dropping for a long time. They don't make -- you know, they subsidize the oil prices, anyway, gas prices in their own country. A lot of that gets sold in the black market to Columbia. It's a bizarre situation. But they're falling apart. A lot of these countries that were already unstable are really getting beaten up by this. And you can argue in some ways it's a good thing. I don't want Russia to necessarily have a lot of money.

PAT: No.

STU: But instability shakes into a lot of bad things.

PAT: Yeah, and these extreme prices in oil are not necessarily good. I mean, I know $20 a barrel sounds really good because that's half of what it costs right now. And so then you think, well, okay, if that translates at the pump, which it doesn't always do, but if it did, that's another 50 percent reduction in the cost at the gas pump, which would be tremendous. It's like $1.75 a gallon here in Texas right now, at least in the Dallas metroplex.

STU: Can you imagine spending under a dollar for gas again?

PAT: I can't imagine it.

STU: You can't imagine it. There are some people that are saying it's possible.

PAT: I can't imagine it. And I can't imagine American oil companies being able to function in that way. I mean, not for very long. A lot of them are going out of business or laying off people, and that's not good for the economy. Conversely though, 150 a gallon would be horrific too. I mean, that's just catastrophic for the economy and for people. So I kind of want somewhere in between.

STU: Look at you.

PAT: I know.

STU: You're just --

PAT: I know. Mr. Let's Have Something, You Know, Moderate Happen Here.

STU: You are a moderate. That's Pat Gray. When I think of Pat Gray, I think moderate.

(laughter)

You just --

PAT: Yeah. I scream moderation.

STU: I never know how you feel about things.

PAT: I know. Because I'm too, well, moderate.

STU: It's too hot, too cold, just right.

PAT: Just right.

STU: Just right for Pat Gray.

PAT: Right.

STU: But I don't know. It's going to be interesting to see what happens with it because that used to be the thing that drove every election result. What are our gas prices right now? That used to be the only thing they talked about in the media, what gas prices were. Well, they got really high with Obama, and they stopped that. And they haven't really gone back to it now.

PAT: Well, not until there's a Republican in office, then they'll go back to it.

STU: Yeah, because if it does hit $150 a barrel in 2017, guess who will get blamed for it if there's a Republican president?

PAT: The Republican. The Republican president.

STU: Oh, yeah. Uh-huh.

PAT: Ted Cruz. He'll be blamed.

STU: But he hasn't actually won the nomination yet or the election.

PAT: But he's going to. But that will happen. That's a foregone conclusion.

STU: It is?

PAT: Yeah.

Featured Image: Customers get gasoline at a Chevron station on October 30, 2015 in Corte Madera, California. (Photo by Justin Sullivan/Getty Images)

On the radio program Monday, Glenn Beck, Stu Burguiere, and Pat Gray discussed the Trump defense team's arguments in the Senate impeachment trial against President Donald Trump.

"This is different than what the Democrats were doing," Glenn said of the Trump team's impeachment defense. "We know the case of the Democrats, they just kept going over and over and over, for three days, the same stuff. The Republicans, at least on Saturday, did not ... and I thought it was really, really good."

Glenn added, "The president's defense was very compelling."

Watch the videos below to hear Glenn's top takeaways from the president's defense team:

Part 1: Why the president's defense is 'very compelling'

Part 2: Top takeaways from president's impeachment defense

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Americans are getting crushed by healthcare costs. In 2018 alone, we spent $3.6 trillion on healthcare — that's more than $11,000 per American and nearly a fifth of the national Gross Domestic Product (GDP). It's on everyone's minds, which is why it has taken center stage in the Democratic party's primary. Of course, the solutions offered by the current crop of presidential candidates would do nothing to help alleviate that enormous spending. In fact, it would only add to it — what with Bernie Sanders' Medicare for All and Joe Biden's proposed ObamaCare expansion.

However, what also deserves attention in discussions about plans that increase the government's role in health care is how religious organizations would be affected. Faith-based hospitals and health care sharing ministries (HCSMs) play an important role in America, often serving as a critical provider and/or facilitator of payments for medical services in many states. If plans like Medicare for All were implemented, these groups would be at risk of going bankrupt or being severely curtailed due to the elimination of choice that comes with these proposals.

Instead of imposing a top-down and expensive health care system overhaul, faith-based providers and groups should be allowed to continue offering a variety of plans that work as high-quality, often cheaper alternatives. And more Americans should consider them.

Instead of imposing a top-down and expensive health care system overhaul, faith-based providers and groups should be allowed to continue offering a variety of plans that work as high-quality, often cheaper alternatives.

As mentioned, one such option is a health care sharing ministry. In this model, individuals contribute money into a pool managed by a religiously or ethically-affiliated organization, and costs for medical treatment are shared by people who adhere to that organization's belief system. Typically, applicants are required to sign a statement of faith in order to be accepted. It's basically like a subscription service: consumers pay a set amount of money into the ministry every month. Then, when they have a medical need or incident, they submit a claim to the ministry. Members whose claims are approved are reimbursed by the ministry from that pool of funds. Note, these ministries don't cover procedures they deem immoral.

Because providers are often getting paid in cash under this model — and typically within 90 days — patients are able to negotiate significant discounts, in some cases slicing procedures' costs to a fraction of the initial price. Insurance companies, by comparison, tend to not pay dollar for dollar on claims, and certainly not in cash. Additionally, insurance companies usually have onerous paperwork requirements, forcing doctors to spend half of their time on electronic health records and desk work. This increase in demand for administrative work is partly responsible for the United States leading the world in administrative costs in healthcare.

There are various types of HCSMs, each offering different benefits depending on what the individual needs — and a lot of savings on monthly plans. Take Christian Healthcare Ministries, for example. It's resulted in enormous savings for its members. Whereas the average healthcare plan can cost about $400 a month on the low end (with high deductibles), CHM plans can run between $78-172 a month for a single person. These kinds of plans are particularly great options for people who are relatively healthy and young, where the need for doctors and prescription drugs is less likely.

HCSMs have seen explosive growth in popularity recently. In 2014, there were only approximately 160,000 members. By 2018, membership ballooned to about 1 million HCSM members around the United States who have shared over $1 billion in medical expenses. But unfortunately, many people still feel locked into the traditional — and expensive — health care insurance model. HCSMs provide a way out, and, depending on their belief system, people should research them and see if there's one that best suit their needs. If more people deviate away from the traditional health care insurance market, insurance companies would be incentivized to adjust their pricing. That won't be possible, of course, if plans like Medicare for All are implemented.

Health care is one of life's biggest expenses, and voters are understandably desperate for a plan that cuts costs without compromising quality of care or access to it. Alternative options to health care insurance such as HCSMs are practical, free-market solutions that saves money. Americans should sift through these options before subscribing to plans that will only break the bank.

James Czerniawski is a Young Voices contributor. Follow him on Twitter @JamesCz19.

Bill O'Reilly: Adam Schiff is in 'wonderland' during the Senate impeachment trial

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On the "Glenn Beck Radio Program" Friday, Bill O'Reilly gave his latest take on the Senate impeachment trial of President Donald Trump, and explained why he thinks House Intelligence Committee Chairman Adam Schiff (D-Calif.) is like "Alice in Wonderland."

Watch the video below to catch more of the conversation:

youtu.be


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Sen. Ted Cruz (R-Texas) joined Glenn Beck on the radio program Friday to discuss the latest developments in the Senate impeachment trial of President Donald Trump.

According to Cruz, Thursday was a "very consequential day" in the otherwise tedious and redundant impeachment proceedings.

"Yesterday, the House managers effectively threw Joe Biden under the bus," Cruz said. "They doubled down on what they started doing on the first day of arguments, which was making their entire case ... based on the proposition that there was zero evidence to justify investigating Burisma [the Ukrainian natural gas company that paid then-Vice President Joe Biden's son, Hunter, $50,000 a month to sit on the board]."

Cruz went on to explain that every time the Democrats, namely House Intelligence Committee Chairman Adam Schiff (D-Calif.), rehash the "zero-evidence" argument, they open the door for Republicans to present the overwhelming evidence that contradicts those claims.

"That proposition, that there's zero evidence to investigate Burisma, is utterly and completely absurd. So, I'm looking forward to Saturday when the president's lawyers will begin presenting his case. Because what the Democrats have done, is they have opened the door to this. And I hope the president's lawyers will stand up and systematically lay out the case," Cruz said.

"They've been arguing that Hunter Biden is completely irrelevant to this case. Well, the House managers have now, through their arguments, made Hunter Biden not only relevant — he was always relevant — but critical now," he continued. "They built the entire case, like a house of cards, on the proposition that there was no reasonable basis to investigate Burisma. And that's just absurd."

The two also discussed Cruz's new podcast, "Verdict with Ted Cruz," which he records with Daily Wire host Michael Knowles each night following the Senate trial.

"Last night's podcast went through systematically ... all of the overwhelming evidence of corruption from Burisma that any president, not only had the authority to investigate, but the responsibility to investigate," Cruz said. "And that, ultimately, is why President Trump is going to be acquitted at the end of this process."

Watch the video below for more details:

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