RADIO

Leftist ESG policies are DESTROYING oil & gas ON PURPOSE

JP Morgan now predicts the U.S. average price for gasoline this summer will be $6.00 a gallon. Last May, the average was just over THREE. We are in real, serious trouble Glenn says…especially since it seems our current oil & gas catastrophe is BY DESIGN by far-left politicians pushing ESG into ever sector of our free market (it’s could hit electricity hard this summer, too). Glenn explains why leftists may be doing this ON PURPOSE, and what our nation could look like just 12 months from now: ‘You NEED to prepare.’

Transcript

Below is a rush transcript that may contain errors

GLENN: Okay. Let's -- let's just talk about gas. How much are you paying for gas right now?

If you lived in California, you are now paying $6 a gallon for gasoline. And we're not in the summer yet. I wonder how much we're going to save on this year's Fourth of July picnic. Because remember, I think it was last year, they told us that we saved 9 cents. Oh, man, it's going to be sweet. Anyway, $6 a gallon in California. That was hit on Tuesday. The national average price of gas now, is a record $4.57 per gallon. That's the national average. Just to remind you, the national average, last May, was $3.04. This has nothing to do -- nothing to do with Russia. This has everything to do with ESG.

And what I -- I want to express to you, and ask you to do, is start looking at things differently. We need to look at things a little bit more like the Chinese. And I'm not saying look at things 100 years down the road. Can we just look 52 months ahead?

We need to look, just a few years in advance. Twelve months, would be great. Can we look 12 months in the future?

Right now, JP Morgan is saying, the average price for gasoline this summer, will be $6 a gallon.

That would mean California will be eight or $9 a gallon.

Now, I don't know what that puts fuel at, in our trucks. Diesel. But we are in real, serious trouble.

ESG has choked off all the money. The more executives I talk to, at -- in the gas and oil industry, they're all saying, the same thing.

Glenn, they can open up all the leases they want. They -- they have closed down the leases. They've closed down pipelines. But that's not the real problem.

The real problem is ESG. If you don't know what ESG is. I beg you. Please, get the book, The Great Reset.

It explains all of this. I -- it's breathtaking, at how fast this is come down now.

ESG has choked off all of the investment. What was it? $48 billion, just last year, invested by these hedge funds, in the oil industry.

This year, I think it's 9 billion. What caused that?

With energy being as important as it is, think about this as a free market. When there's great demand, and really high prices, what does the market do?

The market starts to invest in, holy cow, we can clean up, right now. By getting into that market. And start to sell oil and gas. We can sell it all over the world.

Why has our investment gone down? Our investment has gone down, because our banks, our hedge funds. And everybody else, is now starting to say, yeah. That's not the way of the future. We're going to do wind and solar.

Okay. All right. Sure. Sounds great. Enjoy the wind and solar this summer, when you're paying $6 a gallon for gasoline. And God only knows, how much you're going to pay for meat and potatoes.

Because our meat and potatoes, well, they start with a farmer. And the farmer has a tractor. And that tractor runs on diesel fuel.

And he has to first spread fertilizer. Which comes from petroleum. But you can't make fertilizer.

So we don't have fertilizer. Well, that will save in the tractor. You know, he won't be putting that diesel fuel in. No. No.

He'll plant less of what he was planning on planting.

Then he has to put fuel into the tractor, to make sure that it's harvested. Bailed. You'll need trucks to move it from his farm to the processing plant. The processing plant needs energy to run it. And then they'll put it on a truck. And then it goes to the grocery store. And then you use your car, to go buy it at the grocery store, and then bring it home in your car. When no one has any fuel, the prices will -- to quote Barack Obama, necessarily go up.

Right now, the diesel price, just so you remember, everything shipped to America, is on a giant ship. And that's not run by fairy dust. Or solar panels. In fact, I don't know anyone who is working on solar panels, for the cargo ships.

I don't know anyone, who has in their design, wind-powered cargo ships.

I mean, I suppose we could pull the Nina and the Pinta. The Santa Maria was out of commission. But can we find those two? Because those were wind-powered ships. That's diesel fuel, our trains. Diesel fuel brought in from China to a port. The trucks, then moved them, and all of the heavy machinery. The forklifts and everything run on diesel. That all is shipped and put on to a train. Shipped some place in the middle of the country, or wherever is closest to you. And then a truck picks it up, and brings it to the grocery store. Twelve times a day. Here's what I need you to understand: We have not even begun yet. Because of ESG and because of the policies of this administration, they are creating a national emergency. Our farmers are not going to be able to have the fuel. There's a story right now, in Breitbart. Diesel price surge has New England fishing industry, reeling. They were paying a dollar 50 for a gallon of diesel, back in 2019. A dollar 50. They're now paying $6.50. And here's the thing: When these giant corporations buy fish, they don't buy it at today's market price.

They buy in -- in boatloads, literally, they buy them in bulk. And so the fishing industry, makes a contract, with that food plant, or grocery store. Or whoever is buying it. If it's bought in bulk. And they say, you know what, because you're buying so much. We're going to charge you this amount. And you sign a contract.

Now, if the price of fish and everything goes down, the fishermen win.

If it goes up, the stores win. But there comes a point, when fishermen, can't fish anymore. This is what we're headed towards. And don't think short-term on this. To put oil rigs into a field, and to open those up, is about a five-year process, from turning it on, to actually getting it to your gas station.

It will take about five years. If it's on federal land. Because the federal government is screwed up, it takes about ten years.

So any fix that we have, right now, is five years away.

Now, let me give you this from the Washington Examiner today.

By the way, none of this is what you're going to hear in the New York Times. You will not hear any of this on CNN.

Half of our country has no idea, what's about to hit them. Do not listen to your friends, who are reading the corporate media garbage.

Electricity customers across the country, according to the Washington Examiner. They say heightened risk of power outages, this summer.

Regulators say, it reflects a worsening outlook for the grid. Which is simultaneously struggling through extreme weather conditions, and a shift away from traditional energy sources.

The North American Electric Reliability Corporation, or NERC, the regulatory body that oversees our grid operations across the United States and Canada, warned in its summer reliability assessment, published yesterday.

Listen. That the entire West and most of the Midwest face at least an elevated risk of seeing insufficient electricity supply, where slim reserve margins, run up against high demand. For the sections of the grid, stretching from Wisconsin to the Gulf Coast and to California, they have been deemed at risk for insufficient operating reserves. To be high, during peak demand conditions.

Expected resources, according to the officials, expected resources do not meet operating reserve requirements under normal peak demand, and outage scenarios.

Now, they're saying, that utilities may have to shut off power to customers, in peak demand. You know, cold weather kills a lot of people. So does hot weather.

I don't know if you've noticed, but, boy, in the old timey times, everybody seemed to live up north.

Why? Have you been to Texas in the summer? Have you been to Atlanta? Have you been -- God forbid to Phoenix? It's hell! You don't have -- you don't have any energy. First of all, good luck pumping that water. Second of all, you don't have electricity. Good luck with no air-conditioning! I'm dead within a week. Oh.

So here's the thing: I want you to listen to why they say, this is happening. The grid operators have been forward in their assessment of capacity shortages, and their causes. In a report released just last January, it -- it placed responsibility for the reliability shortcomings on the transformation of its generating resources, including the requirements of always on generating units, such as coal-fired plants. It also listed older coal plants. And wind and solar resources, that are not always available. To provide energy, during times of need.

What?

Why don't the solar panels work at night? I never thought of that. What happens to those wind -- that wind power, when the wind doesn't blow.

Getting the balance right, between traditional thermal sources, and their retirements, especially coal. Why are these coal-fired plants retiring?

Because they're being forced to. Why?

ESG. Some of the thermal plants and coal and natural gas, have been retiring. With new resources coming on in the way of wind and solar resources.

But maintaining the right mix of resources, so you can reliably provide power, over a range of conditions, is kind of where we should focus. Say experts.

Oh. This hour, I'm going to show you, this is not a bug in the system. This is a feature. I'm going to show you here in the next few minutes, and we're going to use baby food as an example, we are headed towards national emergencies. When you have national emergencies, all kinds of fun things, like we experienced in covid, can happen.

You need to prepare. And you need to stop listening to anyone who is not listening for the actual facts. A lot of this stuff, we're dealing with, you can just point to it, and go, look, it's happening there, there, and there. Why?

The why, you can leave that up to politics. I mean, I think that's pretty clear. But whatever. The rest of it is math.

You take this out, and replace it with a solar panel. You're in trouble. You take all of the oil, and you say, no more from Russia, and then you say, no more from America.

And then, you have supply problems. Here's an idea. You're going to run out of fuel. It's math.

Don't listen to people who are talking about feelings. Talk math. If this country even understands, that two plus two still does equal four.

RADIO

This Russian nuke warning is HORRIFIC… for an UNEXPECTED reason

Glenn Beck reviews a video of Aleksandr Dugin, known as “Putin’s brain,” warning that nuclear war is inevitable. But this warning from Russia is absolutely terrifying for another reason: it’s NOT REAL …

THE GLENN BECK PODCAST

Operation Fast and Furious: The TRUE Story of How the Feds were Running Guns into Mexico

The Border Crisis has been ongoing for years, and one of the biggest scandals was the ATF “gunwalking” scandal known as Operation Fast and Furious which occurred during when Barack Obama was President. Glenn Beck talks with John Dodson, the whistleblower who revealed the scandal to get the facts about what happened and why it was a flawed operation from its inception.
Watch the FULL Interview HERE

VIDEOS

Glenn Beck & Piers Morgan REACT to Trump's Iran Strike & What Comes Next

Glenn Beck joins Piers Morgan to react to President Trump's decision to strike Iran's Nuclear Facilities and what could come next with the conflict. Is this just the start of a larger conflict involving Iran, Israel and the United States, or will this move by Trump put at least a temporary end to the brewing tensions?

RADIO

Meet the pro-Intifada candidate NYC Democrats just elected

New York City Democrats just elected 33-year-old Zohran Mamdani, a "socialist Muslim", as the Party's candidate for mayor. But Glenn Beck argues that his radical beliefs are actually communist and Islamist.

Transcript

Below is a rush transcript that may contain errors

VOICE: Z10852. Something weird is going on. The World Trade Center is on fire.

VOICE: Seriously the top of the building. We're trying to get information.

VOICE: Top level of one of the --

VOICE: To unfold from New York City.

VOICE: A plane crashed just --

VOICE: My sister is in that believe. I hope she's okay. I have to come to New York.

VOICE: It's pandemonium.

VOICE: It's raining papers.

VOICE: Wait a minute! Stop just a second. Why are we -- why are we -- I've got breaking news. Breaking news, yesterday. New York City just elected as their mayoral candidate for the left. And the Democrats, a -- a Muslim radical, who is also a communist!

So, you know, it only took you 25 years. It only took you 25 years, New York, to go completely insane.

Somebody who is -- well, I mean, if I might quote Michael malice today. I am old enough to remember when New Yorkers endured 9/11 instead of voting for it.

But you've got a -- you've got a communist jihadist apologist now.

Who was -- you know, well, CAIR put $100,000 behind his bid for New York City mayor.

So you have somebody who is endorsed by CAIR. That's really good.

He also was somebody who said, you know, he was -- he was for the shooting of the United Health Care CEO.

Said he was looking forward to driving down magnum Joan avenue. I don't know. Sounds like supporting people in the streets. Maybe it's just me.

Then he also said that he was going to globalize the intifada, which I think that's -- maybe -- maybe that's just me.

I mean, what do I know?

Tim Miller who is a podcaster. Asked him a few weeks ago. Asked him about his pro Palestinian slogan. Globalized the intifada. And he said, for me, ultimately, what I hear in so many, is a desperate desire for equality and equal rights, in standing up for Palistinian human rights. Oh, is that what you hear, Mr. CAIR?

Really? Huh, that's interesting.

Right. So globalize the intifada.

I mean, I mean, sure, that's -- I mean well, let me go on.

Because I don't want to take him out of context.

He then delved into the semantics of the intifada, citing the United States Holocaust memorial museum's use of a word for a translation for uprising, in an Arabic version of an article, a museum published about the Warsaw ghetto.

Oh!

So this is just a comparison, about the -- the armed rebellion against the Nazis!

I don't know if that makes me feel better!

I mean, if we're globalizing that.

We're the Nazis in this scenario.

Because I don't think it's the Palestinians.

I certainly don't think it's anybody who is like, hey.

Global jihad. I don't think it's those guys.

Or the Nazis. Who are the Nazis in that?

And it seems, if that's what you mean, then it's not just a harmless kind of slogan about human rights. It is a call for violence on the streets.

Because I don't know if you know, that's what happened when the Jews had their uprising against the Nazis.

I'm just saying!

But, hey, hey, free Palestine.

Oh, that's not what that means, gang. That is not what that means, but don't worry about it. He's just going to be possibly the new mayor.

And that's great. By the way, the Columbia faculty members signed a letter defending Hamas.

They were also among the donors to his mayoral campaign.

So, you know, you don't have anything to worry about.

And his father, who used to work at Columbia. Do you know, Stu?

Is his Dad -- is he still a professor at Columbia University?

He said that -- this violent terror thing of Islam, is not a part of Islam. Now, I've read the Koran, and much of the hadith.

And I'm pretty sure the violence is a part of that. But no.

No. This is something entirely new.

And his father while at Columbia university, wanted everybody to know, that this is actually -- this is something that came out of America!

America is really responsible for this.

And, you know, it really started with the Reagan administration, you know, when he started -- when he started with his very religious terms, to finish the war against the evil empire.

So, you know, that's where -- that's where 9/11 came from.

Is what -- don't worry about it! Don't worry about it!

Because who am I? I'm clearly just -- am I an anti-Semite today, or am I an Islamophobic? I can't remember which one.

Oh, it's probably both. Anyway, Islamophobia. Let me just explain Islamophobia. I haven't even gotten to the Communist part of it. Which is really, really -- New York, you're in one for hell of a ride. Buckle up.

It will be a fun rollercoaster for you. My gosh, I've never been happier that I've been away are if New York.

Anyway, I just want I to know, there is Islam. And then there is Islamists. Now, an Islamist is somebody who really wants Sharia law.

That's political Islam!

That's not a faith. That's political Islam.

Now, let me make really -- something really clear. Criticizing Islamism, is not Islamophobia. Pointing out the dangers of, oh. I don't know.

Political Islam. The ideology that seeks to use the tools of democracy, ultimately to destroy democracy, is not an attack on Muslims.

No. Uh-uh.

You know why?

Because Muslims are often the first people in line.

The first victims of the ideology.

So let's draw a bright, bright line between Islam as a faith, millions of people can practice that faithfully and peacefully.

It's mostly peaceful, okay?

Then there's the Islamism.

Islamism is something entirely -- that's a political project.

A theocratic political -- oh. Left loves theocracies. They love it.

Of course, you never see a problem with it.

See it when an Islamist is touting it. Anyway, it's not about prayer. It's not about fasting. It's not about spiritual life.

It's all about power. It's about merging of mosque and state. It's about implementing Sharia, not as a personal code of conduct. But as a governing legal system.

And it's -- it's supremacy.

Absolutely. Faith.

Religion.

It's -- there's one thing that's supreme.

It's misogynistic.

Deeply intolerant of all kinds of things.

Descent. Secularism. Other faiths. Even competing interpretations from inside the faith itself.

It will behead them too.

So let's -- let's be honest here for a second.

You know, CAIR should be labeled an international terror organization.

In my opinion. In my opinion.

Oh, does that make me -- that makes me an Islamophobe. I'm sure. I'm sure they will start a campaign against me on being an Islamophobe.

Stand in line, guys. You've been doing it since 2001, okay?

I don't really care. And I don't think the American people. I think that record, all the grooves are worn-out on that one, okay?

This is not a religion we're talking about. When we're talking about Sharia law. And we're talking about globalize the intifada. What does that mean, actually, to globalize it?

Does that mean we now want to do what is happening to Israel? All over the world?

Has the Palestinian plight become our plight you now, as Americans?

That there has to be an intifada here!

Because it's the kind of the same. You know. It's kind of the same over, you know, with what the Palestinians are going through.

Well, it's very much like what the Jews went through with the Nazis.

That's a weird one. That one makes my head hurt. It's very much the same as that. And very much the same as the fight against Donald Trump.

Oh, this is going to be fun. It's fun!

Really fun. You know, the irony here is, the ones that will scream Islamophobia the most, are the ones in the progressive left, the champions of feminism, LGBTQ rights. And secularism.

They're going to -- no. You want -- they're going to stand with the people, who want to kill them first.

See, this is how smart they are!

This is why it's going to work out well, in New York City.

Let me just say. If you have an ounce of common sense, you run a business, you have an ounce of wealth. And I don't mean wealth like, you know, hey, Lovey.

Let's get on the boat for a three-hour tour with a suitcase full of cash. I mean you saved anything, anything, get the hell out of New York City.

I mean, this is about survival. This is about free speech. This is about women's rights.
Religious pluralism. Secular legal systems. Liberal democracy.

But it's also about failed principles of Communism. Okay?

First, you have to call out political Islam for what it is. Okay?

And we have to do it with the clarity that we call out white nationalism.

Got to do it with that. Got to -- you know, the Klan. Really bad people.

Really bad people.

Anybody who is shouting for globalized intifada?

Pretty bad. Pretty bad people.

Okay?

Now, let's get to communism.

Because that's another cool, cool angle of the new Democratic candidate for -- for mayor of New York City.

That I just -- I think is cuddly and cute. Sure, it led to 100 million deaths. But this time, New York is going to be radically different. Oh, did I use the word radical?

I didn't mean to use that. What's radical about this guy?

Nothing. He's just like you!

Well, not exactly.

But let's talk about communism, next!

Now, the new mayoral candidate that's running there in New York City. That so many young people rushed to defend and vote for. He's promising free buses.

That's going to work out.

Where are you going to get the money for free buses.

It's free!

City-run grocery stores.

Oh, rent freezes. And finally somebody has done it. A 30-dollar minimum wage.

So under the banner of equity. And, you know, we will tax the wealthy. And the corporations. You know, we're going to squeeze another $10 billion out of them.

Really?

Because they're going to call a U-Haul.

You know, they will call something like U-Haul. There will be a lot of -- there will be a lot of movers that are like, how do I get the truck back from Texas or Florida back up to New York? Nobody is moving up there.

But he's going to do it.

Now, his vision isn't really new. You know, just -- just tax people, so we could have city-run grocery stores. You know, I remember -- I'm old enough to remember those city-run grocery stores in Moscow.

They were great.

The shelves were empty.

But that's just Moscow.

It worked out completely different in Venezuela.

Where, oh, no.

It didn't. That's right. The grocery store.

They were eating the zoo animals.

But it will be different in New York.

Because they have rent controls too.

And that will just choke the housing supply, but don't worry. As a young family.

You know, you voted for it.

You know better.

It will work this time.

So, you know, I like building ideas, I just don't like usually building on the graves of 100 million people.

But, you know, why not? Why not?

You know, use this dogma.

And this time, it will be different. It's not like it was in China. Where the great leap forward, was a gross -- a gross parody of progress. Venezuela, which was oil rich. One of the richest nations in the hemisphere now sees 90 percent of its population in poverty!

Yeah. Darn it. You know what they did?

They decided to take state control of things.

You know, like grocery stores. And it worked out well. How is that free busing working out in Venezuela?

I just want to -- I just want to know.

Anyway, then you've got the globalize the intifada. Which is going to drop a little violence in, and anti-Semitism in with your communism.

Which is weird!

Because violence and anti-Semitism, always happen. When it -- when it comes to -- when it comes to communism.

This is weird!

I've got to play something for you. Because this has talked about on me earlier this morning.

Oh, wow.

Wait a minute. This is -- this is the whole coalition coming together here.

So this is going to be good. New York, this is going to be great.

It's going to be great for you.

No. He's going to uplift you. Then the social fabric of New York City is just going to be -- just one.

It's going to be fantastic. Don't worry about your 120 billion dollars in debt. Or your 10 billion-dollar deficit that you have right now.

You are going to charge the rich more taxes, and they will stay right there.

They will be like, you know what, that 46 percent in taxes that I'm paying, this is just not enough. It's just not enough.

I need to pay 60 or 70 percent to be able to pay my fair share. So that's good. That's good. That's good.

You know, they're not risking 100 million people. It's just 8 million people.

This time, it's just 8 million people.

But, hey. For those of you in upstate New York. That aren't going to be part of this experiment.

Don't worry, you get to pay for it. Because they'll kick it up to the state. The state will have to subsidize everything. And don't you love it?

Really, don't you want to subsidize the really crazy ideas of New York City?

I mean, why don't you have a -- why don't you have a democratic socialist. A/k/a communist mayor.

Why haven't you done that? Are you not progressive enough? Are you not looking into the future?

Are you stuck in the past?

I don't know. I don't know. The graveyard is pretty big. I have a hard time getting past that one. You know, yeah, so I'm stuck in the past. Because I can't seem to pass that graveyard, and get to be down the path with you. But it's going to be a paradise.

Forget arithmetic. You know, or human nature. This time, it's going to work. It's going to work. So all right!

Wish I lived in this morning.

No wait. Nope. I don't. Nope, I don't.

And Ted Cruz, stop it. Stop writing, hey, come to Texas. No. No. Don't come to Texas. Don't come to Florida. Go to California. It's beautiful this time of year. Go there. Go there.