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Speaker 1: And welcome.

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Speaker 2: Hello, how are you on this Thursday? Today is the

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ninth day of July, year of our Lord, twenty twenty six.

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My name is Tom Sullivan. And well, no surprise that

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Graham Plattner said audio some egos. Well not, actually he hasn't.

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I know everybody has reported that Plattner dropped out and

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all that sort of stuff. But the problem with that

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is we're finding out, according to Axios, that he told

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his staff he's planning to officially file his paperwork to

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end his campaign on Monday. Monday is the deadline five

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o'clock at five o'clock Eastern time. That's how he hasn't

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tell them to drop out of the race in time

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for the party to replace him with a new nominee.

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But as of this afternoon, he has not officially withdrawn

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from the race, according to the main secretary of state.

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And so he said he has withdrawn, but the paperwork.

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He even said, I think in his eleven minute video

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that he has put together the paperwork to withdraw, but

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he hasn't done it yet. And so now now the

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co founder of a centrist Democrat group, Welcome, told Axios

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it seems like people are under rating the odds he

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just doesn't file the actual withdrawal. Maybe, I mean, I don't.

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I don't know. If you watched his video, I there's

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it was eleven minutes and what I what I My

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reaction to his video is that, oh, he's good. He

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is a great populist speaker. You know what a populist is.

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Populist is somebody that says everything that people want. I mean,

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he's talked about going after you know, corruption, Well, who's

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in favor of corruption? So that's that's a populist for that. Uh,

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we're gonna start stop spending money on all these foreign

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wards and we're gonna spend him on Americans who's against

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spending money on ourselves. I mean, it's that one thing

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after another. And he was very good about he stopped,

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he paused, He looked like he was in deep thought.

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But the only problem that I had I've met a

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lot of people like this over my lifetime. Then they're

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bs ers. I don't know. I'm sure I've missed a

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few along the line, but I think I'm pretty good

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at spotting bs and this guy is a big bs her.

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And it always comes down to I always would say

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I thought it was fascinating, and I brought it out

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every time she did it. When Nancy Pelosi always would

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have something to say about some subject, and at the

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end she said for the American people, Well, who was

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against the American people? Of course, were for whatever it

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is that you want to help the American people. She

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always added on no matter how controversial, no matter how

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far left, it was always and for the American people.

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So that he people out in the in the hinterlands

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would say, oh, well, that nasty Pelosi. Isn't that nice?

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She's for the American people. Problem with Plantner, I'll play it.

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I'll play a one minute version of his eleven minute song.

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But he never took any responsibility zero. He blamed everybody

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but not him. He didn't apologize to the women that

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he has. Well, I know he's saying he did not

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rape anybody, but he even though he was accused of it,

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there's a lot of women that said they that he

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was not a good person. So did he apologize to them? No,

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did he bring up anything. He blamed the political system. Well,

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I kind of got to g give him credit for that.

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The political system is rigged and it just didn't work

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for him. But man. He suckered a lot of people

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in in Maine when he kept going on about how

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he's for them and fighting for them and fighting against

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corruption and all that other stuff. So let me just play.

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This is a little more than a minute of his

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eleven minute Swan song.

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Speaker 3: It's not the false allegations though, that have brought us

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to where we are. It's the fact that they're being

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used by the political establishment to put structural pressure on us.

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We live in a political system that is not built

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for normal people. It is a system that is built

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structurally to make sure that movements like ours cannot flourish,

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that if they begin to succeed, they can be crushed.

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Speaker 2: Well, he brought up the normal people. Think he's not

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a normal people guy. He's an odd he's an odd man,

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odd man out. But here's the thing which a lot

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of people haven't publicized, and I think has a great

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deal to why all of a sudden, I know, the

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woman came out and said that he was raped, he

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raped her, that she was raped. But there was also

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something else that was popping up. There were all these

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other things that talking about all the bad behavior that

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he had over the years. He's not a normal guy.

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He's a bad guy. But the one thing that the

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politicians got rid of him fast was because the polling

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showed that he was losing to Susan Collins. Yes, she

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is ahead in the polling, and she's a five term senator,

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so she's been there a long time, and they've thought

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she was going to lose four or five of those

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of those reelection business. She keeps winning and look like

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she's going to win again. So they had to get

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rid of him because he wasn't going to win. Excuse me,

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but does this sound familiar. They took a look around

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and said, Joe Biden, Oh my gosh, he's going to

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he wants to run for reelection, but we're doing the

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polling and he is not going to win. So the Democrats,

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who say they are the Party of Democracy, blew out

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all the voters that voted in primaries for Joe Biden

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and installed their own candidate, Kamala Harris. Well, now we're

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in the same vote the people of Maine. He's won

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the primary. They've voted for him, the people's vote, the

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people's voice, democracy at its finess. Nope, they're going to

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throw that out with the baby because he's not winning

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and they want to get rid of him, and now

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they're scrambling to make it look like the people are

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going to choose somebody else. But they're not going to have,

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I don't think a primary of any kind. So they're

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going to have a convention of you know what, the

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party conventions are the real hard core people, Republicans and

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Democrats in their respective parties. The people that go to

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the conventions are the hardcore people. So you're going to

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get a bunch of hard core Democrats, but not your

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average main person, main resident. It's going to be the

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hard core people, and they're going to pick somebody. But

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here is the problem for Susan Collins. There were a

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lot of people, there are a lot of people in

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Maine that don't want to vote for her again. And

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they were willing because he sounded good. He was for

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the people. They were willing to vote, hold their nose

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and vote for him because they just don't want to

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vote for Susan Collins. So when the main Democrat party

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puts their candidate, whoever it is, on the ballot in

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what it'll be in the next two weeks and then

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they'll be voting on that person in November. I think

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that person has a better shot because if they if

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the Democrats can come up with somebody that the normal

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average maner doesn't have to hold their nose to vote for.

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But they don't want to vote for Susan Collins. But

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they certainly weren't going to vote for that Platner guy.

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They just may for a halfway normal candidate may vote

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for that person. So I and Susan Collins has already

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said that this is going to make her reelection campaign

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much tougher. Yeah, it's but really is a bad sign.

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Replacing the candidate that the people wanted. Rob Flaherty, he

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is the deputy, He was the deputy campaign manager for

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Joe Biden. And listen to what he has to say.

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Speaker 4: Kids are watching. I thought that video was unbelievable. It

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was brazen, It was ridiculous, It was offensive. I just

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can't how stupid do you think people are? First of all,

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you want us to believe that this guy who's an

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extremely online read it pilled military history buff doesn't know

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that he has a total content too. You also want

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us to believe that none of these incredibly credible allegations

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of sexual assault are real that it's an establishment plot.

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Give me a break. I mean, it was completely ridiculous,

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and you know, I'm glad he is gone, and I

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hope he, you know, falls through with it.

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Speaker 2: Well, good for him. Yeah, he wasn't buying the bs either,

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that Platner was trying to blame the political system one.

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In fact, it was he's got a checkered pass and

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people were willing to hold their nose and vote for

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him until the Raypath accusations came forward. But Mark Short,

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former chief of staff for Mike Pince, weighed in as well.

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Speaker 5: Well, no, I don't think you have a cyber relief

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on this. I think it's a pretty tragic series of events.

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I think that Susan Collins has always found a way

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to win. I thought, befeven before this, she was going

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to find a way to win. I think what's more

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disturbing is that, outside of John Fetterman, every elected Democrats

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stood with him when it was a Nazi tattoo. They

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staid with him when he's trafficking apps to find young

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girls under age, they said with him when they were

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first sexual harassment allegations. Only after this last allegation the

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Democrats finally say this is too much. So there's a

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huge comfort level with a lot of it up until

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the very end.

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Speaker 2: Yeah, Mark Short, Yes, they were. They were comfortable with

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all those terrible things until they found out that, oh

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he's Susan Collins is ahead. That was too much for them,

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That truly was too much for them. So we wait

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to see. I mean, I don't know, what do you think.

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The folks over at acxios they say that this Democrat

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group said it seemed like people are underrating the odds.

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He just doesn't file the actual withdrawal paperwork.

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Speaker 3: Huh.

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Speaker 2: So place your bets. I'm sure the betting places will

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bet on whether or not he's actually going to do it.

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But he's going to wait till Monday, and he has

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until Monday at five o'clock. But it's all about him, folks,

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all these politicians. He's actually would fit in quite well,

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because these politicians, it's not about you, it's not about

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our country. It's about them, their glory and their power.

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I know I say that a lot, but it is

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just so painfully true. All Right, what else have we got? Oh?

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The air Force? One question? Yesterday we talked about the

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fact that the president flew to Turkey on the brand

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new Shiny Qatar gifted seven forty seven. But when he

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flew home, not only did he fly home on the

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old old thirty five years old. It's a thirty five

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year old airplane is not that old. If you're flying commercially,

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you're probably flying on have flown on many planes that

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all the major airlines fly, and at thirty five years old,

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they're still flying. They're not old anyway. So when he left,

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everybody noticed that he flew home on the Jackie Kennedy

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Blue and White Old seven, but he didn't fly home

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on it. What had happened was they flew the brand

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new shiny Qatar gifted seven forty seven to England, and

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in England they landed at a at a military base

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there with it. And then Trump gets on the blue,

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the old blue and white seven forty seven, and flies

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out of Turkey on that to the same air base

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in England. So he gets off the plane, the blue

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and white one literally walks down the stairs, walks over

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to the They parked right behind the new shiny Gutar

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gifted one, walked you know, a football field length to

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the new one, got on that one and flew that

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one home because it's it's got lots of gold trinkets

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and gold handles, and it was built as a luxury jet,

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and he likes that. I'm sure the Air Force won.

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The blue and white one is pretty dark, nice, but

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it's probably not as fancy as the new one. So

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it's coming down to everybody, and their brother goes they

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he rushed them to get that guitar jet ready as

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an air Force one plane, and it's kind of there.

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But as far as some of the security measures on

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the old seven forty seven, they apparently are not. They're

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not going to say this out loud, but they're not.

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They're not on the new plane. So they did not

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want to that. He's had all kinds of threats and

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they were in the very dicey neighborhood over there in Turkey,

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and so they put him on the one that had

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the best defenses if anything, if there was anybody trying

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to attack the plane. So he flew it to Mintle

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to England and then jumped on the new one and

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flew that back to DC. Weird, huh, I think so.

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Charlie Kirk, the guy who shot him, he killed him

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the preliminary trial. Preliminary hearing, I should say, is on

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right now. The preliminary hearing is simply they come forward

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to say to the judge, we have enough probable cause

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to go forward to a full bull blown trial. And

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that's what they're doing. And they're getting to all kinds

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of testimony yesterday and today. James Gagliano, former FBIS supervisor,

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is there.

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Speaker 6: You know, normally in preliminary hearings you're concerned as the

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prosecution you're laying out too much of your case. And

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I have never seen a preliminary hearing go like this

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where the defense moved up one of their witnesses. Remember

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there's nine total witnesses, six on the state side and

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three on the defense side. And for the defense to

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move up their witness they called an FBI analyst And

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as they walked through all the painstaking numbers and things

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that make your head explode because it's really kind of

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terric and technical work. I don't think it helps their

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case because it's showing the prosecution exactly what they're going

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to attack at trial.

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Speaker 2: Well, I don't understand the case anyway. I mean, they've

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got they've got DNA, they've got video, They've got a confession.

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He told his boyfriend that yeah, I did it. They've

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got I don't know. Criminal justice system has to get

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more efficient. I know we have to always treat people

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that they're innocent until proven guilty, But I mean, how

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much more proofty you need and how much is this

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costing to try to put this loser dude who killed

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a wonderful young man with a wonderful family. I'm having

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trouble understanding why they have to go through all these hoops.

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Since we're at the courthouse, we'll flip from Utah over

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to Washington, d C. Where this guy who was the

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Olympic athlete who was given a ticket because he reached

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in the water at the reflecting pool and they gave

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him a ticket. It's like a jaywalking ticket. And somehow

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it got into Judge Janine Piro's room, and she does

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she knows the president's man about this pool, and so

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she decided to bump that thing up to a felony.

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She got a grand jury indictment and as a result,

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this guy is going to face He showed up today

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for an arraignment, but he is now going to be

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on trial for a felony, which has big fines in

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big prison terms. Here's Joey Jackson, the big defense lawyer.

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Speaker 7: It means that they are alleging that he intentionally destroyed

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the property, and that's the critical issue. But more important

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than that, because it's a felony that the value of

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the damage was over one thousand dollars. You might recall

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when this happened a few weeks ago. Now, they initially

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gave him a citation. Apparently that wasn't good enough for prosecutors.

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They went, they evaluated, they spoke to a National Park

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Service eyewitnesses, and they said, no, you were pulling and

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violently tugging, and as a result, we're going to go

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to the grand jury, which they did. They went to

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a grand jury, right consisting of twenty three people, not

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deciding guilty in a sense, a simple majority of which

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says that there's reason to believe you did it. They

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got an indictment and now he comes today for an

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arraignment before the.

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Speaker 2: Judge, and it was straightforward. They said, how do you plead?

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He says not guilty, and so now he goes off

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for a court date coming up later in the summer.

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It's maybe maybe he did damage it. I think it's

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political if I I'll tell you what I would have done,

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the exact same thing that this guy says that he did.

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He was out bike riding and all this news about

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the reflecting pool and how it was growing algae and

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it's terrible and the and that the blue paint was

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coming undone, and there was lots of television crews that

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showed up. It looked like the paint was was pieces

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of it were coming up, not like it was cut.

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But maybe they have maybe they have the evidence, maybe

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they have the goods that this guy cut the cut

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the the blue paint. Uh, but it it just he said.

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I was riding my bike and I've heard all about

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this and people were talking about so I rode over,

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took a look at it, put my hand in it

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to feel it, to feel what it felt like and

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see if the blue paint was coming apart. I think

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I would have been My curiosity is high enough to

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where I probably would have done the same thing. So

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we'll see if they have the evidence. But I know

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Janine Pirot very well. I worked with the woman for

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a number of years. I'm I guess I better just

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keep it right there. My mother told me, if you

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don't have anything nice to say, don't say it at all.

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So that's where I'll leave it. So back to the war.

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What is this four point Oh? We since the ceasefire started,

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we have stopped started to stop its four times. We're

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now we're and last night they attacked a bunch of places.

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We did, they did, and we're going to do it

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again tonight apparently. But we're not doing full President even

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said yesterday we're not doing full fledged war. Why not.

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You don't do war kind of You do war to

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reach victory and get it over with. I don't understand.

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Dan Hoffmann, former CIA station chief in Moscow, was talking

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about how it looks from his fantage point.

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Speaker 8: Yeah, I think we are. Look when Iron chose to

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strike those oil tankers transitting the straight Off, that was

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a deliberate provocation. Iran had to have anticipated the United

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States response, and they did that because a state of

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war against the United States and against Israel and our

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Gulf allies. That's oxygen for this hardline IRGC regime in Iran.

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I think they also want to test the United States

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by driving up oil prices and disrupting trade. Global trade

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with an eye towards gaining some leverage in their interaction

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with the United States. I don't even know if we'll

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see negotiations as were planned before these strikes in Islamabad

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on eleven July, but Iran sees this as an opportunity,

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especially in advance of the midterms, to gain some leverage.

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Speaker 2: It seems it just seems so abundantly obvious to me

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that the Iranians are plain President Trump like a fiddle.

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That's how it appears to me. Back to Dan Hoffman, we.

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Speaker 8: Gave Iran an economic entice by allowing them to export

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oil at market prices for some time, and Iran made

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it clear that they were not interested in negotiating in

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good faith. In fact, as successful as our kinetic strikes

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have been, we have not induced a change in the

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regime's behavior. Now we changed the regime by launching decapitation strikes,

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and I'm sure that those potentially are on the table again,

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further decapitation strikes. If these guys don't want to negotiate,

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maybe the next round of leaders will. But I think

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that's at the heart of It's that we need to

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ensure that the strait of Hormus is open that we're

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doing that independently while simultaneously blockading Iran from exporting oil.

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Speaker 2: So, speaking of oil, the last two days oil prices

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have shot up. Today they're down a little bit. It

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was interesting because Scott Bessen yesterday before everybody left the

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NATO meeting in Turkey, was asked about the oil city.

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And I've talked about this before. A lot of people

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think that we are in an oil shortage worldwide. There's

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a lot of countries. We've drawn down our strategic petroleum

358
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reserves so have a bunch of other countries. But that

359
00:24:15,759 --> 00:24:20,519
when this war is over, there is going to be

360
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the economy in many parts of the world is slowing down.

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The demand for oil is going to be so much

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lower that there is going to be a glut of

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oil next year. So we squeeze our way through this

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year with higher prices and stand by for a glut

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of oil in the market which will drive prices down

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next year. Is what Scott Besson had to say about it.

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Speaker 1: Yes, so record production under President Trump in his first

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term now in his second term. The US is an

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energy superpower. It's why we weathered the conflict better than

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anyone else and there. Just this weekend Bloomberg wrote that

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there is an oil glot out there, and we think

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that safe to secure American oil, maybe even shouldn't trade

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at a freemium.

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Speaker 2: So well, I don't know about our oil trading at

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a premium. Oil is priced worldwide, and he knows that,

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but it be prepared. So here we are in July,

377
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we're halfway through this year. Sometime in twenty twenty seven,

378
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there's going to be a glod of oil and you're

379
00:25:24,240 --> 00:25:27,000
going to see prices come way way down. Well with

380
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the caveat that this war is over by then, but

381
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the way it's going, you're not sure, because we're not

382
00:25:34,359 --> 00:25:37,519
going full blast against them. It's really odd. I got

383
00:25:37,559 --> 00:25:42,039
to play two things for you. One is the difference

384
00:25:42,079 --> 00:25:47,079
between JD. Vans and Donald Trump on their view of

385
00:25:47,319 --> 00:25:51,240
the leaders of Iran. Let's we'll start with JD. Vans

386
00:25:51,400 --> 00:25:55,880
and his view of the leaders of Iran and then

387
00:25:56,119 --> 00:25:59,240
President's latest view, latest view because it changes.

388
00:26:00,119 --> 00:26:02,680
Speaker 9: The coolest thing about the progress we've made over the

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00:26:02,759 --> 00:26:05,240
last few weeks is that you see people within the

390
00:26:05,240 --> 00:26:09,240
Iranian system, senior leadership, even IRGC officials, say, you know

391
00:26:09,279 --> 00:26:12,559
what we may have some animosity, we may have some mistrust,

392
00:26:12,920 --> 00:26:15,319
but we recognize the way that we've done business with

393
00:26:15,359 --> 00:26:17,680
the United States for forty seven years is a mistake.

394
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Let's try something else.

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Speaker 1: To me, I think it's over. I don't want to

396
00:26:23,200 --> 00:26:24,839
deal with them an with there's scum. You know what

397
00:26:24,920 --> 00:26:28,519
scum is. There's gum. There's sick people. They're led by

398
00:26:28,559 --> 00:26:29,160
sick people.

399
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Speaker 2: So there you go. A couple different views. One is

400
00:26:33,279 --> 00:26:36,839
the coolest thing and they've really thought about the fact

401
00:26:36,839 --> 00:26:39,799
that they've been doing it wrong for forty seven years. Oh,

402
00:26:39,880 --> 00:26:42,799
they're the coolest people. I'll tell you what. There's scum.

403
00:26:43,200 --> 00:26:48,240
There's scum, scum of the earth. So a couple different

404
00:26:48,319 --> 00:26:53,920
views from our president and vice president. One of the

405
00:26:54,279 --> 00:26:57,480
oil analysts that I think has a pretty good crack

406
00:26:57,559 --> 00:26:59,960
record of figuring out what's going on in the oil

407
00:27:00,119 --> 00:27:03,200
markets is Paul Sank. He runs a research firm on

408
00:27:03,279 --> 00:27:06,720
Wall Street, and he was asked about his view of

409
00:27:06,799 --> 00:27:10,079
what's going on in the oil and gas markets.

410
00:27:10,319 --> 00:27:13,440
Speaker 10: You know, so the situation obviously has gone rotten again.

411
00:27:13,920 --> 00:27:16,160
We never really resolved it. As you know, there's three

412
00:27:16,359 --> 00:27:20,440
huge issues here. Control of the Strait of Hormuz, the

413
00:27:20,480 --> 00:27:23,359
whole issue of nuclear and the whole issue of Israel Lebanon,

414
00:27:23,799 --> 00:27:26,839
and then you know, do we bribe the Iranians with

415
00:27:26,920 --> 00:27:29,480
vast amounts of money which is relatively easy obviously, and

416
00:27:29,519 --> 00:27:33,799
we really haven't advanced the solution to the three major problems,

417
00:27:34,559 --> 00:27:37,359
and so the ongoing situation continues. You have to remember

418
00:27:37,400 --> 00:27:40,920
that the Huties have cut sewers through put for the

419
00:27:41,119 --> 00:27:44,400
Babel Mandab by fifty percent for the last three years.

420
00:27:44,680 --> 00:27:47,960
So I don't think we're anticipating a return to full

421
00:27:48,000 --> 00:27:50,880
harn Moose volumes ever again. But we saw you know,

422
00:27:50,920 --> 00:27:54,160
twenty seventh of February before this started. On the other hand,

423
00:27:54,160 --> 00:27:56,559
as you know, the US is quite immune to this

424
00:27:56,640 --> 00:27:59,079
in many ways. You know, we are certainly oil and

425
00:27:59,200 --> 00:28:04,240
energy immune. There are other issues around sulfur and other commodities.

426
00:28:04,279 --> 00:28:06,400
But the fact of the matter is, you know, we

427
00:28:06,440 --> 00:28:08,720
can handle this situation. It just seems like it's going

428
00:28:08,759 --> 00:28:09,839
to remain an open wound.

429
00:28:09,839 --> 00:28:11,960
Speaker 2: I'm afraid to say, as long as they're going to

430
00:28:12,000 --> 00:28:16,720
remain an open wound. But He's right, we are somewhat immune,

431
00:28:16,799 --> 00:28:21,240
except for we are exporting a tremendous amount of oil

432
00:28:21,720 --> 00:28:25,079
now that we won't be when there's a world gloot

433
00:28:25,119 --> 00:28:30,079
of it next year. So again timing on the prices

434
00:28:30,079 --> 00:28:35,160
of oil is and gas will vary and be very volatile.

435
00:28:36,279 --> 00:28:38,119
So it brings up the point about the fact that

436
00:28:38,160 --> 00:28:41,480
we watch the oil markets, but nobody burns oil in

437
00:28:41,559 --> 00:28:43,799
their car. They burn gas.

438
00:28:43,880 --> 00:28:46,160
Speaker 10: I mean, crude oil is not the problem, right, nobody's

439
00:28:46,160 --> 00:28:48,480
burning crude oil in their car, and the problem is

440
00:28:48,599 --> 00:28:51,519
US gasoline in many ways. So yesterday, by contrast, what

441
00:28:51,559 --> 00:28:54,440
we saw was a new low in US gasoline inventries

442
00:28:54,720 --> 00:28:57,599
and a major problem in terms of capacity of US refining.

443
00:28:57,920 --> 00:29:01,720
There's enormous risk around US refining, particularly in extreme heat,

444
00:29:02,279 --> 00:29:05,279
the potential for accidents increases, and then of course we've

445
00:29:05,319 --> 00:29:08,000
got hurricane season coming. So I think what we found

446
00:29:08,000 --> 00:29:11,079
out is that governments can control the crude price. You know,

447
00:29:11,119 --> 00:29:15,240
you've had enormous releases by the US government, by the Europeans,

448
00:29:15,240 --> 00:29:18,279
somewhat certainly by the Japanese over a million barrels a

449
00:29:18,359 --> 00:29:20,720
day from Japan, and then of course, as we all know,

450
00:29:20,799 --> 00:29:23,200
the Chinese at one point had cut imports but as

451
00:29:23,240 --> 00:29:25,400
much as eight million barrels a day of crude, and

452
00:29:25,480 --> 00:29:28,279
in fact yesterday announced that they will now start exporting products,

453
00:29:28,319 --> 00:29:30,960
which will take the pressure off in Asia. But there's

454
00:29:31,000 --> 00:29:34,599
no real solution to the refining problem here. And as

455
00:29:34,640 --> 00:29:36,920
you know, refining margins have gone through the top of

456
00:29:36,960 --> 00:29:37,400
the range.

457
00:29:37,440 --> 00:29:37,759
Speaker 2: Here.

458
00:29:37,880 --> 00:29:41,000
Speaker 10: We would normally say that, you know, above fifteen dollars

459
00:29:41,000 --> 00:29:44,519
a barrel is about you know, a good margin costs

460
00:29:44,519 --> 00:29:47,160
between five and ten dollars of barrel to refine for

461
00:29:47,200 --> 00:29:50,319
someone like Bollera, and we're at sixty, you know, So

462
00:29:50,359 --> 00:29:52,240
that you can see where the problem is. And there's

463
00:29:52,240 --> 00:29:55,160
an incremental problem with the ethanol market, which is frankly

464
00:29:55,200 --> 00:29:57,920
too complex to get into right here. But that's also

465
00:29:57,960 --> 00:29:59,039
at very very high levels.

466
00:29:59,279 --> 00:30:03,960
Speaker 2: So think with these massive profits that refiners are able

467
00:30:04,000 --> 00:30:06,640
to make right now, that they would build more of them.

468
00:30:06,960 --> 00:30:10,039
The problem with that is the Nimbi's nobody wants a

469
00:30:10,079 --> 00:30:15,319
refinery built in their backyard. So the refineries that are

470
00:30:15,359 --> 00:30:18,160
still in business in this country are going to be

471
00:30:18,240 --> 00:30:21,519
making a fortune off of all of this. But go

472
00:30:21,599 --> 00:30:24,519
back to what he said just a minute ago about

473
00:30:24,559 --> 00:30:28,319
the volumes in the horror Mooz straight hit a peak

474
00:30:28,359 --> 00:30:31,359
a couple of years ago, and with a glut coming

475
00:30:31,599 --> 00:30:34,720
that the volume of oil coming through the Strait of

476
00:30:34,720 --> 00:30:38,440
horror moves will be much lower going forward, so maybe

477
00:30:38,480 --> 00:30:44,240
that will help to solve some of the geopolitical problems

478
00:30:44,279 --> 00:30:49,759
we have with Iran. So the markets, speaking of bottlegelt,

479
00:30:50,480 --> 00:30:53,559
that's kind of the name of the game lately. Today.

480
00:30:53,640 --> 00:30:58,000
The Dow up one hundred and thirty nine to fifty

481
00:30:58,000 --> 00:31:04,119
two four eighty seven, SMP up sixty NADAK up three

482
00:31:04,240 --> 00:31:08,319
hundred and thirty six, Gold up fifty dollars to four

483
00:31:08,400 --> 00:31:12,359
thousand and one thirty two. Oil after going up big

484
00:31:12,640 --> 00:31:18,079
on Tuesday and big yesterday, went down a buck seventy today.

485
00:31:18,119 --> 00:31:22,119
It's just under seventy two dollars now for one barrel

486
00:31:22,200 --> 00:31:26,079
of West Texas Intermediate crude. Thank you for coming by.

487
00:31:26,160 --> 00:31:29,119
By the way, I need to remind you if you

488
00:31:29,200 --> 00:31:35,880
have questions or comments about money, investing, taxes, of the markets,

489
00:31:36,279 --> 00:31:40,079
whatever you want to talk about Financial Friday, call in

490
00:31:40,160 --> 00:31:43,359
with your comments or questions. The phone numbers eight five

491
00:31:43,519 --> 00:31:48,960
five two nine five sixty six hundred eight five five

492
00:31:49,119 --> 00:31:53,160
two nine five sixty six hundred. You can also if

493
00:31:53,200 --> 00:31:54,960
you forget the number, you can look it up on

494
00:31:55,000 --> 00:31:57,920
my website, which is Tom Sullivan dot com. But I

495
00:31:57,960 --> 00:32:02,039
look forward to getting your calls to the comment line.

496
00:32:02,640 --> 00:32:05,200
So that's it for today. Thank you for coming by.

497
00:32:05,359 --> 00:32:08,440
We will be back again tomorrow and I hope to

498
00:32:08,480 --> 00:32:08,960
see you then