RADIOApril 21, 2022

SHOCK: Is Biden giving our STRATEGIC OIL to Europe?!

The European Union is set to declare a FULL embargo on Russian oil after France’s upcoming presidential election, which could cost the price per barrel of oil to skyrocket yet again — maybe up to 185 DOLLARS, JP Morgan has warned. And the worst part? With China, Turkey, and India buying whatever oil supplies Europe won’t take, it’s unlikely this embargo will hurt Russia. But it WILL affect you. Plus, a new report alleges Biden is not only releasing oil from our strategic reserves to help Americans at the pump, but the administration could be giving that oil to Europe too. So, does anyone else find it INSANE that we’d willingly sacrifice so much of our oil RESERVES while the threat of a World War looms…?

Transcript

Below is a rush transcript that may contain errors

GLENN: All right. Before I get into the strategic oil reserve, let me just give you something that Reuters reported last night. The EU is set to declare a full embargo on Russian oil, after this week's French election. Now, that election is happening, I believe this weekend. Is it not?

And it's between Macron, and Le Pen. It is close. I mean, remember last time, do you happen to know those numbers? The last time Macron ran against Le Pen. Wasn't it like 80/20 or something?

STU: I want to say it 70/30. 80/20, something in that general -- once they have a big election, like to go to a runoff. In that runoff, it adds up to 100 percent because there's only two candidates and everyone has to vote. Pick somebody.

So it was a blowout though. It was not close. It was like, I can't believe she got into the runoff, was the reaction to it. And then the runoff was not close. That's not the case this time.

GLENN: Yeah. It's 45/55, Macron. And once again, the elites are deciding an election. You know, in World War I. Right before we went into World War I, Wilson said, as his campaign slogan. I'm not going to get you into war. Within just a few weeks after, he was in office.

For his second term, after the election, we were at war. He sent the troops to war. The elites always think they know better. And so they will keep things from you. And that's exactly what the European Union is doing, with the French people. They don't want to upset the election, because it's so close. And what they're about to do, would push it in Le Pen's favor. They are about to declare a total embargo on Russian oil. They're supposedly, according to Reuters, going to do this next week.

This will cause a massive spike, in the price of oil.

I'll give that to you, here in a second. But first, let me ask you, is this really hurting Russia?

Because they've found other buyers for all of their oil.

They have found buyers in China and Turkey and India. And these people are saying that if this happens, they'll buy more.

So they have remarkably, according to JP Morgan, the Russian crude exports, are actually averaging 360,000 barrels above preinvasion volumes.

Huh. Now they're saying, that they're going to cut -- Europe will cut, all of that.

And when they do, according to JP Morgan Chase, the price of Brent crude oil, $185 a barrel.

$185 a barrel. That because of inflation, is about where the price of oil was. About 125. For how long, in 2007 or eight?

This is what caused the collapse of our economy.

It was oil prices. The entire western world is -- is built, on the back of energy prices, being no more than $100 a barrel. Every time it's over $100 a barrel, it hurts the economy. And it stops it. If you can get it down to -- what did Trump have it down to, like $60 a barrel? When you get it down there, you're starting to hurt Russia. But high prices help Russia, Saudi Arabia, and hurt us. The entire West. At $185 a barrel, I don't even know what gas prices would be. But we're probably all paying $5 plus, California, good luck.

How long can the Western world survive that?

Now, here's what's interesting. India, and China, and Turkey, have already said, they would take this oil.

Europe is not thinking about just pulling all of the oil, and stopping it cold Turkey. They are thinking about maybe doing it more slowly. Over a period of months. Well, that gives Russia time, to make all the deals.

That -- who wins in that scenario? You don't have oil. They have buyers.

How it -- what is that? By the way, the Russian break even, for oil, is less than $10 a barrel.

So they're talking also about price caps, we'll only pay $20 a -- you're still giving them $10 on every barrel. I mean, I don't understand.

You're just hurting yourself with this. And, you know, I'm beginning to wonder. You remember Biden had the emergency strategic oil reserve. Petroleum reserve.

And he said, he was going to release 180 million barrels of oil. 180 million barrels of oil, from the strategic petroleum reserve. That's 1 million barrels a day, for 180 days. And it would end shockingly, just right after the midterm elections. Okay? So he was going to do that. And remember what he said. I'm going to do this, because I want to help the average person at the gas pump. Well, somehow or another, the definition of an emergency, and helping you, now includes making a profit at the expense of American consumers. Because sooner or later, a real emergency will hit, and we will need the fuel, according to Matt Smith, oil analyst and commodity data firm Kepler, we are now exporting our strategic oil reserve crude, and we've been doing it since last November.

So when Biden said, we're going to release some, and it's going to help the average person. No, that's not true. Unless you -- unless you consider the citizens of Europe, the citizens of the United States.

Why didn't we know this? Why is he doing this?

This is really not going to help -- I mean, unless he's buying the support, from Europe. Why would we buy the support from Europe?

Support for what?

STU: Two years ago, what were oil prices?

GLENN: I don't know.

STU: Today, it's 100 -- what is it $104.

GLENN: Four. Yeah.

STU: Two years ago today, oil prices, $16.94.

GLENN: Sixteen dollars!

STU: Now, an asterisk, in that, we were in the worst part of the pandemic at that point. Which was a massive. That is the lowest it went. But that was two years ago, exactly today. $16.94. It's now over $100. And, you know, once we rebounded off that -- the real catastrophic drop of the pandemic, it was around $40 after that. And now we're at 104.

GLENN: Forty to $60 is a dream.

STU: Yeah. Forty to sixty, that's where it was throughout 2019, most of 2017. A little higher at times in 2018. But had leveled off, between 50 and $60, before the pandemic hit. And then, of course, all the way down to $16. That was amazing. I wish I would have bought oil back then.

GLENN: So, Stu, can you tell me what exactly is happening, with the strategic oil reserve being released some of it, at least. To Europe.

That's not for Europe. That's for us. And that is actually not for price relief. That is to run our ships, our Navy, our Air Force.

STU: Well, it's supposed to be certainly.

GLENN: Exactly right. Okay?

And then we seem to be going closer and closer. Remember, Joe Biden said, I don't want to do anything that's going to look like we're supporting Ukraine in any military fashion. We're not going to replace those planes for Poland, if they do that. We're not going to be involved in that at all, okay? Because that would be akin to an act of war. He was very clear on that, wasn't he?

STU: It seems like it. No, it seemed like it.

GLENN: Yesterday, NBC News cited five U.S. officials, that said a -- a new package, a new arms package, which will bring our military aid to 3 billion dollars, is going to be announced. Listen to this. We are now selling them howitzers, antiaircraft systems, anti-ship missiles, armed drones, armored trucks, personnel carriers, and even tanks!

Now, that sounds to me, as bad, if not worse, than some old planes, from the 1960s. That we weren't even going to do.

Why are we doing this? By the way, Russia sent a warning, to us. That if we start delivering these, quote, most sensitive weapon systems to Ukraine, it will bring unpredictable consequences.

I don't think they're unpredictable. You keep using that word. I do not think it means what you think it means. I don't think it's unpredictable. Are we -- are we shooting ourself in the foot, by giving away our oil reserve?

Even selling our oil reserve. Just touching our oil reserves, at this point.

STU: It's crazy.

GLENN: While we're antagonizing the bigger bully. And maybe the biggest bully on the block.

STU: With over 6,000 nuclear weapons. Yeah. That seems like a problem to me. Now, if you're going -- we know the back sort of -- the backstory, as far as the reporting goes, seems to indicate, basically, we're trying to say to Europe, you guys need to stop buying Russian fossil fuels.

And we are -- they say, well, what are we going to use? And this is part of our answer. Right? Well, we'll send you some from our strategic oil reserves, to help, you know, lower the burden. As you --

GLENN: How about this? We just open up our system. You know, yeah. It's going to take us six months. But we're already six months into this. We're going to open our systems again. We're going to start pumping it like we were. And we'll sell it to you, for $60 a barrel. And we'll leave our strategic oil reserve alone. I mean, it's really getting simple.

STU: It's fascinating to watch this. You mentioned this before. Wasn't he really clear about this?

And he was really clear, when he said, that we were not going to do anything that was going to escalate us into war. But to say he was clear, really about any of this. Overall, is really difficult to say. He's gone back and forth over and over again.

Remember, this guy ran a platform, saying, we're going to get rid of fossil fuels. We're going to eliminate them. We're going to be net zero. All of these things he said to environmentalists to get their vote. Then he gets in front of the -- the public, and people say, hey, you keep saying, you're going to get rid of all these fossil fuels, now we're having an oil crisis. What's the deal? Your gas prices are going through the roof. It's hurting families. And he says, we haven't done anything. We haven't done anything to stop production. What are you talking about?

Now, there's a court ruling, that say, they have to open up new leases. Not their action. The court said, you have to open up these new leases. So the environmentalists are mad. And he's saying, again, we're not doing anything. This isn't us. So they've gone back and forth on this, so many times, because they're telling the left, that they're absolutely attacking fossil fuels. And then telling the American people, we're not doing anything on that front, at all. All these oil companies are just, oh, so greedy. And that's the problem here.

Shocking train video: Passengers wait while woman bleeds out

Surveillance footage of the murder of Ukrainian refugee Iryna Zarutska in Charlotte, NC, reveals that the other passengers on the train took a long time to help her. Glenn, Stu, and Jason debate whether they were right or wrong to do so.

Transcript

Below is a rush transcript that may contain errors

GLENN: You know, I'm -- I'm torn on how I feel about the people on the train.

Because my first instinct is, they did nothing! They did nothing! Then my -- well, sit down and, you know -- you know, you're going to be judged. So be careful on judging others.

What would I have done? What would I want my wife to do in that situation?

STU: Yeah. Are those two different questions, by the way.

GLENN: Yeah, they are.

STU: I think they go far apart from each other. What would I want myself to do. I mean, it's tough to put yourself in a situation. It's very easy to watch a video on the internet and talk about your heroism. Everybody can do that very easily on Twitter. And everybody is.

You know, when you're in a vehicle that doesn't have an exit with a guy who just murdered somebody in front of you, and has a dripping blood off of a knife that's standing 10 feet away from you, 15 feet away from you.

There's probably a different standard there, that we should all kind of consider. And maybe give a little grace to what I saw at least was a woman, sitting across the -- the -- the aisle.

I think there is a difference there. But when you talk about that question. Those two questions are definitive.

You know, I know what I would want myself to do. I would hope I would act in a way that didn't completely embarrass myself afterward.

But I also think, when I'm thinking of my wife. My advice to my wife would not be to jump into the middle of that situation at all costs. She might do that anyway. She actually is a heck of a lot stronger than I am.

But she might do it anyway.

GLENN: How pathetic, but how true.

STU: Yes. But that would not be my advice to her.

GLENN: Uh-huh.

STU: Now, maybe once the guy has certainly -- is out of the area. And you don't think the moment you step into that situation. He will turn around and kill you too. Then, of course, obviously. Anything you can do to step in.

Not that there was much anyone on the train could do.

I mean, I don't think there was an outcome change, no matter what anyone on that train did.

Unfortunately.

But would I want her to step in?

Of course. If she felt she was safe, yes.

Think about, you said, your wife. Think about your daughter. Your daughter is on that train, just watching someone else getting murdered like that. Would you advise your daughter to jump into a situation like that?

That girl sitting across the aisle was somebody's daughter. I don't know, man.

JASON: I would. You know, as a dad, would I advise.

Hmm. No.

As a human being, would I hope that my daughter or my wife or that I would get up and at least comfort that woman while she's dying on the floor of a train?

Yeah.

I would hope that my daughter, my son, that I would -- and, you know, I have more confidence in my son or daughter or my wife doing something courageous more than I would.

But, you know, I think I have a more realistic picture of myself than anybody else.

And I'm not sure that -- I'm not sure what I would do in that situation. I know what I would hope I would do. But I also know what I fear I would do. But I would have hoped that I would have gotten up and at least tried to help her. You know, help her up off the floor. At least be there with her, as she's seeing her life, you know, spill out in under a minute.

And that's it other thing we have to keep in mind. This all happened so rapidly.

A minute is -- will seem like a very long period of time in that situation. But it's a very short period of time in real life.

STU: Yeah. You watch the video, Glenn. You know, I don't need the video to -- to change my -- my position on this.

But at his seem like there was a -- someone who did get there, eventually, to help, right? I saw someone seemingly trying to put pressure on her neck.

GLENN: Yeah. And tried to give her CPR.

STU: You know, no hope at that point. How long of a time period would you say that was?

Do you know off the top of your head?

GLENN: I don't know. I don't know. I know that we watched the video that I saw. I haven't seen past 30 seconds after she --

STU: Yeah.

GLENN: -- is down. And, you know, for 30 seconds nothing is happening. You know, that is -- that is not a very long period of time.

STU: Right.

GLENN: In reality.

STU: And especially, I saw the pace he was walking. He certainly can't be -- you know, he may have left the actual train car by 30 seconds to a minute. But he wasn't that far away. Like he was still in visual.

He could still turn around and look and see what's going on at that point. So certainly still a threat is my point. He has not, like, left the area. This is not that type of situation.

You know, I -- look, as you point out, I think if I could be super duper sexist for a moment here, sort of my dividing line might just be men and women.

You know, I don't know if it's that a -- you're not supposed to say that, I suppose these days. But, like, there is a difference there. If I'm a man, you know, I would be -- I would want my son to jump in on that, I suppose. I don't know if he could do anything about it. But you would expect at least a grown man to be able to go in there and do something about it. A woman, you know, I don't know.

Maybe I'm -- I hope --

GLENN: Here's the thing I -- here's the thing that I -- that causes me to say, no. You should have jumped in.

And that is, you know, you've already killed one person on the train. So you've proven that you're a killer. And anybody who would have screamed and got up and was with her, she's dying. She's dying. Get him. Get him.

Then the whole train is responsible for stopping that guy. You know. And if you don't stop him, after he's killed one person, if you're not all as members of that train, if you're not stopping him, you know, the person at the side of that girl would be the least likely to be killed. It would be the ones that are standing you up and trying to stop him from getting back to your daughter or your wife or you.

JASON: There was a -- speaking of men and women and their roles in this. There was a video circling social media yesterday. In Sweden. There was a group of officials up on a stage. And one of the main. I think it was health official woman collapses on stage. Completely passes out.

All the men kind of look away. Or I don't know if they're looking away. Or pretending that they didn't know what was going on. There was another woman standing directly behind the woman passed out.

Immediately springs into action. Jumps on top. Grabs her pant leg. Grabs her shoulder. Spins her over and starts providing care.

What did she have that the other guys did not? Or women?

She was a sheepdog. There is a -- this is my issue. And I completely agree with Stu. I completely agree with you. There's some people that do not respond this way. My issue is the proportion of sheepdogs versus people that don't really know how to act. That is diminishing in western society. And American society.

We see it all the time in these critical actions. I mean, circumstances.

There are men and women, and it's actually a meme. That fantasize about hoards of people coming to attack their home and family. And they sit there and say, I've got it. You guys go. I'm staying behind, while I smoke my cigarette and wait for the hoards to come, because I will sacrifice myself. There are men and women that fantasize of block my highway. Go ahead. Block my highway. I'm going to do something about it. They fantasize about someone holding up -- not a liquor store. A convenience store or something. Because they will step in and do something. My issue now is that proportion of sheepdogs in society is disappearing. Just on statistical fact, there should be one within that train car, and there were none.

STU: Yeah. I mean --

JASON: They did not respond.

STU: We see what happens when they do, with Daniel Penny. Our society tries to vilify them and crush their existence. Now, there weren't that many people on that train. Right?

At least on that car. At least it's limited. I only saw three or four people there, there may have been more. I agree with you, though. Like, you see what happens when we actually do have a really recent example of someone doing exactly what Jason wants and what I would want a guy to do. Especially a marine to step up and stop this from happening. And the man was dragged by our legal system to a position where he nearly had to spend the rest of his life in prison.

I mean, I -- it's insanity. Thankfully, they came to their senses on that one.

GLENN: Well, the difference between that one and this one though is that the guy was threatening. This one, he killed somebody.

STU: Yeah. Right. Well, but -- I think -- but it's the opposite way. The debate with Penny, was should he have recognize that had this person might have just been crazy and not done anything?

Maybe. He hadn't actually acted yet. He was just saying things.

GLENN: Yeah. Well --

STU: He didn't wind up stabbing someone. This is a situation where these people have already seen what this man will do to you, even when you don't do anything to try to stop him. So if this woman, who is, again, looks to be an average American woman.

Across the aisle. Steps in and tries to do something. This guy could easily turn around and just make another pile of dead bodies next to the one that already exists.

And, you know, whether that is an optimal solution for our society, I don't know that that's helpful.

In that situation.

THE GLENN BECK PODCAST

Max Lucado on Overcoming Grief in Dark Times | The Glenn Beck Podcast | Ep 266

Disclaimer: This episode was filmed prior to the assassination of Charlie Kirk. But Glenn believes Max's message is needed now more than ever.
The political world is divided, constantly at war with itself. In many ways, our own lives are not much different. Why do we constantly focus on the negative? Why are we in pain? Where is God amid our anxiety and fear? Why can’t we ever seem to change? Pastor Max Lucado has found the solution: Stop thinking like that! It may seem easier said than done, but Max joins Glenn Beck to unpack the three tools he describes in his new book, “Tame Your Thoughts,” that make it easy for us to reset the way we think back to God’s factory settings. In this much-needed conversation, Max and Glenn tackle everything from feeling doubt as a parent to facing unfair hardships to ... UFOs?! Plus, Max shares what he recently got tattooed on his arm.

THE GLENN BECK PODCAST

Are Demonic Forces to Blame for Charlie Kirk, Minnesota & Charlotte Killings?

This week has seen some of the most heinous actions in recent memory. Glenn has been discussing the growth of evil in our society, and with the assassination of civil rights leader Charlie Kirk, the recent transgender shooter who took the lives of two children at a Catholic school, and the murder of Ukrainian refugee Iryna Zarutska, how can we make sense of all this evil? On today's Friday Exclusive, Glenn speaks with BlazeTV host of "Strange Encounters" Rick Burgess to discuss the demon-possessed transgender shooter and the horrific assassination of Charlie Kirk. Rick breaks down the reality of demon possession and how individuals wind up possessed. Rick and Glenn also discuss the dangers of the grotesque things we see online and in movies, TV shows, and video games on a daily basis. Rick warns that when we allow our minds to be altered by substances like drugs or alcohol, it opens a door for the enemy to take control. A supernatural war is waging in our society, and it’s a Christian’s job to fight this war. Glenn and Rick remind Christians of what their first citizenship is.