32:40 There was a secretary, the energy secretary Granholm, you know the one with the saucers? With the ears. With the saucers. You gotta look at him. Once you see him, it's like holy crap. So she did a little bit of the press thing with Psaki and she got two questions that I wanted to highlight which really just shows you without her having to say it. Lots of people might have seen the clip of her saying, we're in the transition. This is just, I think we might've even played it on the last show. But this kind of lets her tie herself up a little bit more with stupidity. But it's important because she is in fact in charge of energy in the United States. And I'm sure that these types of idiots are all over in every country, in every administration. And it's April Ryan teeing up the question, April Ryan, you know, April Ryan.
33:29 It has to be about poor people. How is this helping poor people? You said your effort is primarily targeting working and low-income families. What do you say to those families who are feeling the pinch right now at the pump? Pinch at the pump? Yeah, no doubt. This is why the president has been really thoughtful about this. You know, we've looked at every angle of what the tools are to him. He feels so strongly that all Americans are feeling the pinch as a result of gasoline at the pumps and short term, we have to do everything in our power and that's why we have the strategic petroleum reserve. But he also feels very strongly that long term, the strategy really is... Hold on a second. There's a tell in there. She has a chuckle tell.
34:16 Is that a chuckle or a nervous reaction? Listen, because it could be the nervous reaction to the lie she just told that this will short, she said short term this will help at the pump. That's what she said. Maybe she's laughing because of that or what comes next. Zoom in, rotate, enhance. We have to do everything in our power and that's why we have the strategic petroleum reserve. But he also feels very strongly that long-term the strategy really is to go clean. I mean... Long-term? Okay, maybe that's it. He feels really strongly, long term, the strategy is... She's laughing right in the middle of strongly. She's laughing because she knows that this clean energy is laughable. To do everything in our power and that's why we have the strategic petroleum reserve. But he also feels very strongly that long term the strategy really is to go clean. I mean right now the price for example of solar and wind... Now she sounds nervous.
35:11 Yeah, well hold on, but see now this is where she starts to mess it up. Now she's gonna get into specifics. Listen to this. That long-term the strategy really is to go clean. I mean right now the price for example of solar and wind is cheaper than in most places in the country because it's free fuel. Okay, so okay let me just let me just make sure we're not conflating everything. Prices at the pump But it's free fuel from solar free. She said free free fuel then then more traditional sources of energy so he wants to bridge that time and it's and Double down on investing in clean while creating jobs, but do what we can within our power to lower the cost today And notice the the term is now just clean. We're investing in clean. What are you doing? I'm investing in clean How do you heat your house clean?
36:06 The clean is kind of the new hip way of saying, or at least she's trying to introduce it, dish head lady. But then... You know, so she told all these lies, which surely she must know that short term this will not affect the prices at the pump. I mean, even if it's just to if it has to get refined or I mean, petroleum is not something you can't just go to the strategic reserve and put it in your tank, right? It's just it has to be refined. No. Yeah. You can't siphon it off. Let me get a little bit of strategic reserve here. No. So she knows that that can't even be true. But then it must have been Peter Doocy from Fox News. So he
36:43 So he came up with a calculation. Well, wait a minute. It's 50 million barrels. You know, that's that's not that much. Thank you Madam Secretary for doing this. There's various figures... Oh no, it's not Ducey, it's someone else. How many barrels of oil does the US consume per day? I don't have that number in front of me. Oh, so she... Right. How many barrels of oil does the US consume on a daily basis? I don't have that information. Can't you get that from Wikipedia? I could look it up right now and have the number in 10 seconds. Okay, nine. No, I'm not doing it. It's a lot. Yeah. Yeah, it seems like something the energy secretary would know if there was a number being released. How much we pump and how much we have. Yes, that's kind of requisite for the job, you think. She should know which refineries are not doing any work. They're down. That's what you do. What else does she have to do? Yeah, just track the dashboard, lady.
37:43 There's various figures about this. I'm curious if you know how many barrels of oil does the US consume per day? I don't have that number in front of me. Some suggest it's about 18 million, which would suggest you're releasing less than three days worth of supply from the petroleum reserve. Why is that enough? Well... Okay, so in case you couldn't hear... So some suggest it's about 80 million barrels a day, which would be your release of 50 million barrels is really for less than three days. How can that be enough to affect the price? What we are doing, plus what other countries may be doing... Humina humina humina humina. You're gonna love this. You're gonna love this tap dance. Which will be less than what we're doing because we have the largest amount of strategic... We got the biggest lady. Yeah, ours is the biggest. Petroleum reserves.
38:35 we believe will be this bridge. I mean, the Energy Information Agency has said, for example, that in December, this is what they have projected. Now again, it's probably more of an art than a science. Projecting is subject to a lot of different volatility. Oh, you mean like COVID? Global warming and vaccine efficacy? That kind of stuff? Yeah, thank you. Global warming's even better. Really? It's more of an art than a science. Oh, well, this is new, Ms. Clean. That were science, science, science. Science? No, no, it's art, art, art! This is what they have projected. Now again, it's probably more of an art than a science projecting is... Wait, what was the name of this agency? I got it. Who are these jimboxers? This clip is unbelievable. Yeah, no, this is scary is what it is.
39:22 we believe will be this bridge. The Energy Information Agency has said, for example, that in December, this is what they have projected. Now again, it's probably more of an art than a science. Projecting is subject to a lot of different volatility. But that in December, the price will be $3.19 a gallon, and then in January, continue to go down. Okay, so she's doing the craziest thing. Why would you ever predict prices down to the penny down to the penny yes the end the US energy a tissue said by December yeah 319 she's giving numbers weeks yeah
40:05 U.S. Energy Information Administration, independent statistics and analysis. Independent, mm-hmm. And right there, Today in Energy posted today, average U.S. gasoline prices are higher this Thanksgiving than any since 2012. Yay. All right, let's go back to the videotape. Volatility, but that in December the price will be $3.19 a gallon and then in January continue to go down. So this is really a question about a short-term strategy. Oh you heard it here, this is supposed to pay off short term. It's not even possible. That allows us to make this bridge. So it's not, we're going to not supply all of the oil for three days obviously. Oh, oh John, it's going to work differently. We're going to spread it out. We want it, we will be releasing it over a period of time.
40:55 It's like OxyContin, it's time released. We will have a certain amount that each particular cavern is releasing. But we're not saying that we're going to be supplying all oil for the country. We're just going to try to do what we can to temper. And it's coming over several weeks then you said? It will be. Well, first of all, we're not going to release it all at once. I love this! She has no idea, does she? She really doesn't know. She doesn't know what she's talking about. She's in over her head. It's great. It will be thoughtfully done over the next... Thoughtfully done? Thoughtfully done! Oh, I thought it was... Science! It's art! Thoughtful art science. Art science. Thoughtfulness. Thoughtfulness.
41:44 How would you invest, thoughtfully? We are not going to release it all at once. It will be thoughtfully done over the next bit of time. Bit of time? Bit of time? What kills me, what kills me, the only thing that made it onto social media of this entire answer was the point where she says, I don't know the price right now. And everyone's like, she doesn't know the price! Christ, look at this clip! It's like if you idiots would listen for five minutes to what this lady is actually saying, it's much more entertaining. First of all, we are not going to release it all at once. It will be thoughtfully done over the next bit of time. And it will be dependent on those who bid. So that takes a little bit of time. Okay, okay. Wait, wait, they're buying this stuff? No, what she's saying is they've got partners, you see.
42:44 They got partners to help them out. You know, like Japan. Yeah, Japan's gonna release their strategic reserves. I'm listening to you just now, it sounds like you're saying the price is gonna hit a certain amount in December and then down into January. Yeah, it'll be over a few weeks. It'll be over... So we're looking at increased prices continuing through the Christmas season. She's gonna hang for this. Well, we're hopeful that this will because it's increasing supply and it's the largest effort ever. We are hopeful that there will be a lid. Hopeful? Although some of this honestly has, there has been movement on oil, the price of per barrel has dropped about 10% since this conversation. Is that true? It went up. I don't know what oil is she looking at? Did any of the oils go down? No, they all went up. She's lying. She said 10%.
43:37 10%? Take a look at that. It's possible it did a dipsy-do, but I don't think it was 10%. A dipsy-do? Well then she should have said dipsy-do for extra points. On oil, the price of per barrel. Has dropped about 10% since this country. I think she means olive oil as station started and was out there So we're hopeful that Prices will be stabilized. Oh start to move down. Oh, we are not saying that there is going to be some dramatic difference But we all she said you said $3.19 in December. That's 18. Let's get it straight I thought she said 19. I think she said 18. Oh
44:18 also are recognizing it. Everybody needs to, I think, be a partner in letting people know that last year was an anomaly because... Wait a minute. Everybody has to be a partner in letting people know. This is interesting talk. We are not saying that there's going to be some dramatic difference but but we also are recognizing it. Everybody needs to, I think, be a partner in letting people know that last year was an anomaly. Wow! Scary stories about the gas price. Get on board, you A-hole! Be a partner. Be a partner in the messaging. Wow, you were so right on that. Dramatic difference, but we also are recognizing it. Everybody needs to, I think, be a partner in letting people know that last year was an anomaly because demand
45:18 during COVID for gasoline was so low that the prices were so low. And when demand is high, the price goes up and demand now has exceeded supply. We are doing our part to make sure that we can alleviate as much of that pain as possible. Well, she's going to eat a lot of that. No doubt. OPEC and Russia are already talking about pausing. pausing production just to jack up the price. They're not gonna- Yeah, that'll do it. They're not gonna stand for this. These guys have been studying this since the 70s how to do this correctly so they don't lose market share. That's so stupid. They know how to do it. That's so stupid. While we're on this topic, we do have to go back to Biden because I would have to say when he left, you know, we talked about the 10 minutes versus 12 minutes versus 15 minutes. Yeah, yeah, yeah. It would be up to so long. I had to catch a clip of him