Speaker 1: And welcome to the Big Podcast. It's Monday. Today's the
sixteenth day of March, Year of Our Lord, twenty twenty six.
My name is Tom Sullivan. I hope you had a
wonderful pie day Saturday. Those three dot one fours your
math people out there, just I'm sorry, it's just a
math thingy with me. Welcome to the Welcome to the program,
to the podcast. And well we've got the update on
how things are going with the war in Iran. The
media is getting focused in on by the government oil
prices continuing to go higher. Department of Homeland Security. The
Republicans and Democrats are both blaming each other for not
funding the full DHS. So we'll get through all of this,
and then one side note. Today the President had a
board meeting of the Trump Kennedy Center at the White
House and it's goofy. It's too many people. I mean,
a good board is usually less than a dozen people,
and I don't know there's twenty thirty people that were
in this meeting. In any case. At the meeting, Susie Wilds,
his chief of staff that everybody seems to like the President,
said that she has a diagnosis and needs to take
some time, but go do it right away. And it
turned out where Susie Wilds has been has been diagnosed
with breast cancer. So we wish her a good success
in getting that cancer out of her and a speedy recovery.
That came out of that meeting today at the White House.
Meantime to the war, how's it going? What's going on?
The focus team is still on oil and on the well,
we all learned a little piece of geography. Maybe one
of you knew already about it, but did anybody know
where carg Island was before this weekend? And carg Island
I didn't know the name, but I knew there was
a place in the Persian Gulf. And it's actually there's
four or five different places, but a big giant distribution
point where the oil tankers pull in to the Persian
Gulf and they pull up to carg Island, which has
a number of docks where they can pull up to
and load up the oil so Iran. In order for
them to ship their oil, they need the ships to
come in mostly to carg Island. And over the weekend
our forces attacked the military part of it, but did
not destroy the oil shipping area areas and the equipment
that it takes for the ships to load up. Because
if that happened, and let's just spin the dial ahead
a little bit, we win the war. But Iran doesn't
have any way to ship their oil. When they are
defeated and there's a new regime and all the other
aspirations of this war, they're going to need money and
they're going to and the world will need the distribution
of Iraq Iranian oil along with Saudi oil and all
the other oil producers. Most of the oil that comes
out of Iran goes to Asia. China relies heavily upon
Iranian oil. The other place that goes about eighty percent
of it goes to Asia about twenty percent of it.
The ships come out of the Persian Gulf, go around
the bottom of Saudi Arabia, go up the Red Sea
and through the Suez Canal and into deliveries for Europe.
And so this is where a big stink has propped
up where the president wants NATO countries to assist with
helping to open the Strait of Hormuz. Everybody knows the
sooner we get the Strait of Horror moves open. Oil
prices will start to recover and go back down again,
not quickly, not immediately, because oil doesn't there's no flipping
of the switch when it comes to oil. But at
least that's where you have to start. Well, if twenty
percent of it goes to Europe, I don't think we
get a drop from there. We have all the oil
we need. The only thing we're faced with is we
don't have a shortage of oil. We don't have I mean,
so we really don't need the Straight of Horn moves
opened for supply reasons. We need it open so that
world oil prices will decline. And so at this point,
the President says, Hey, NATO countries, how about helping us
out here. You got some military ships to help us out,
And much to the President's chagrin, they are going, yeah, maybe,
maybe not. Here's what the President had to say today
when he was talking to this board meeting at the
White House.
Speaker 2: You know, I spoke to him yesterday. I don't do
a hard selling them because my attitude is we don't
need anybody. We're the strongest nation in the world. We
have the strongest military by far in the world. We
don't need them. But it's interesting I'm almost doing it
in some cases, not because we need them, but because
I want to find out how they react, because I've
been saying for years that if we ever did need them,
they won't be there.
Speaker 3: Not all of them, but they won't be there.
Speaker 2: I was very surprised with the United Kingdom because the
United Kingdom two weeks ago, I said, why don't you
send some ships over? And he really didn't want to
do it. I said, you don't want to do it.
We've been with you a year, our oldest ally, and
we spend a lot of money on NATO and all
of these things to protect you. I mean we're protecting them.
We're working with them on Ukraine. Ukraine's thousands of miles away,
separated by a vast ocean. We don't have to do that.
We did it well, Biden did it. I mean, I
have to be honestly. It's three Biden got taken to
the cleaners. But we worked with them in Ukraine. We
don't need to work with them in Ukraine. And then
they tell us that we have a mind shift around
and they don't want to do it.
Speaker 3: I think it's I think it's terrible. No, I was
very surprised.
Speaker 2: I told him, you know, we requested two aircraft carriers,
which they had.
Speaker 3: And he didn't really want to do it.
Speaker 2: And then right after the war essentially ended, you know,
meaning they were obliterated, he said, I would like to
send the aircraft carriers. I said, I don't need them
after the war has ended and won I needed before
the war.
Speaker 3: So I was very upset with not upset, I was
not happy with the UK.
Speaker 1: So he went on to talk about the rest of
the European countries and yeah, so Kure's starmer. The British
Prime Minister, well he's come around now, but he was
not willing to say and anything to help us out
with attacking Iran and France like the President was talking about.
He said, well, he's eight out of ten, he's most
of the way to help us out. Germany just said,
no way, we're not going to go help you. This
isn't our war, it's not a NATO war, so don't
bother us. And so we're getting the President said, he's
getting an attitude check on our European friends to see
just what they would do when we asked them for
some help. And the answer is not a lot. You know,
President Trump talks aspirationally. He lives in the world that
he wants to see, so he thinks he says this,
and the media criticizes him for it. But he talked
about I wanted you when we were fighting, not when
we've already won the war. We haven't won the war,
but in his mind, and I think in most people's minds,
it looks like we're going to be successful. But they're
still drip dripping. They're still sending a drone or two
or sending a missile or two, and they're using what
they're instead of ballistic missiles or using these missiles that
when they come over Tel Aviv, for example, they're cluster bombs,
and a whole bunch of cluster bombs that can evade
the interceptors, then goes ahead and strikes and hits a
lot of different places. They're not as powerful, but they
still do damage and they set buildings on fire and
they can kill people. So in any case, the president
was looking for help from the UK, from Germany, from France.
I think Spain and the president of the President of
the United States and the head of Spain that are
not even talking to each other. They don't like each
other at all. So that's kind of where things were
going today, was about is anybody willing to help us out?
Pure starmer like I said, he kind of came around.
Here's what he had to say.
Speaker 4: Now, we've already acted alongside other countries to release emergency
oil stocks at a level that is completely unprecedented. But
ultimately we have to reopen the straight off Hoole moves
to ensure stability in the market. That is not a
simple task, as.
Speaker 1: That was Parliament all buzzing about it. No, it's not
a simple task. But they basically, with that one little
piece of geography have basically hijacked the entire global energy markets.
And that's why the prices are so high. As far
as gas prices, let me look here, gas prices, the
average across the country for the cheap stuff today now
up to three dollars and seventy two cents. That's up
seventy or since from before we started attacking Iran diesel.
You truckers out there, the average four dollars ninety nine cents.
That's up from abut thirty five from where it was
a month ago. So and that means everything that you
get comes in the truck, which means everything that you
get is going to be more expensive. As far as
the Iranian Foreign minister, he was doing American television over
the weekend. Here's a little of what he had to say. Yeah,
this is the Iranian Foreign Minister on Sunday.
Speaker 5: They are open to countries who wants to talk to
us about the safe passage of day vessels. I cannot
mention any country in particular, but we have been approached
by a number of countries who wants to have a
safe passage for day vessels. So we provide them security
to pass because we have not closed this straight. They
are not coming themselves because of the insecurity, which is
because of digression by the US.
Speaker 1: So in other words, you want to bargain with Iran,
maybe you can get your ships through. And I'm thinking
obviously China, Russia, maybe India is in all of that.
In fact, Phil Flynn, the oil trader in the CNME
in Chicago kind of specifically talked about those countries.
Speaker 6: You bet it is, And I agree with the president.
You know, this is an international waterway. When it was
disrupted illegally by Iran, it's really every country's responsibility in
the world to get it reopen. You know, once again,
the United States is carrying the heavy load, and every
country in the world's been impacted. Iran's mistyed over the
last fifty years, whether it's paying more for oil, a terror, premium,
disruption and supply. So it's really time that these other
countries step up now. Having said that, when you listen
to the i ran It Rainyan foreign minister, he's basically saying, hey,
this trait is open to our friends. That means China,
that means India, I guess in some other countries. So
if that's the case, you know, we might get more
oil through the straits faster than we think.
Speaker 1: Which is an oil trader, he's looking at how the
volume of oil going out of Iran to the rest
of the world, how that impacts oil prices.
Speaker 6: He's right, you know, at the end of the day,
and listen, the barrels that we're buying from Russia are
barrels that are already pumped, they're floating, and are already
we're accounted for. And Russia is not going to get
all of that money, believe it or not. And at
the end of the day, when you look at the
price of gasoline going up if we don't get the
strait of horror moves though, and there'll be a lot
higher than that. So by buying these Russian oils for
the short term, it will put downward pressure on price,
keep prices under control. And that's a short term solution.
It's not a long term answer, but it's something that
we have to do to keep these prices low.
Speaker 1: New Well, so it's a little bit of a poker game,
but the idea is to try to keep the pressure
downward on oil prices. And they did go down five
bucks a day for a barrel of oil on the
commodities trading today. Chris Wright, the Secretary of Energy, he's
optimistic about all of this.
Speaker 7: Yeah, after the conflict is over, you'll start to see
prices come back down. It is a short term disruption
the flow of energy. Americans are feeling it right now.
Americans will feel it for a few more weeks. But
at the end we will have removed the greatest risk
to global energy supplies. We'll go to a world more
abundant in energy, more affordable in energy.
Speaker 1: Well, I think he's right. I mean, one of the
things about iron is they have been able to control
oil prices singularly. In many cases, Bob McNally is considered
one of the gurus in the oil market, and this
is what he had to say.
Speaker 8: My team, Rapid Energy Group, we modeled it last year.
And look, there's two things.
Speaker 9: From the military folks, you hear, we've been planning to
clean up hor moves and protect it for four decades.
We know how to do it, but it'll be a
week's long process because it's difficult a lot of moles
to wax.
Speaker 8: That's from the military. The oil folks will tell.
Speaker 9: You if we don't have horror moves for three to
four weeks, we are going to have a price problem.
Maybe not a supply problem in America, but a price problem. Therefore, therefore,
if you're going to go to war with Iran, the
first thing you want to do is start that process
of protecting horn Moves from the very first seconds. But
I totally agree with the oil industries. Just tell them
the presidence, just the way the oil flows. It's just
simple math and logistics.
Speaker 1: So if McNally thinks we need to focus, focus, focus
on the straight of horror moves, what about this idea?
Were the President's asking European countries who are big beneficiary
of the oil coming out of the point port of
horror moves that will their help make any difference, you.
Speaker 8: Know, it's probably pretty essential.
Speaker 9: They have boats, they have diplomatic leverage, they have helicopters,
they have other.
Speaker 8: Assets that we can use. It's a big job.
Speaker 9: The navy folks, military folks tell me it's a big
job cleaning up those mines, suppressing those thousands of drones,
and then hundreds of boats and so forth. So the
more the merrier, Plus we all should be working together
on something like this. After all, especially Asia, they depend
on the flow, the actual supply. We're going to see
shortages of fuel in Asia. The United States, we're going
to see very high prices, I'm afraid, but I don't
think you have to worry about shortages. But in Asia
they have even more of an interest than we do
and making sure that that artery to the world's you
know body, if you will, is open and healthy mping.
Speaker 1: So if the prices are going to skyrocket in Asia
and we buy a lot of our we import a
lot of products from Asia, whether it's China or Japan
or Singapore, stand by for our imported goods to cost
even more, which will even further exacerbate our trade deficit
with those nations. But everybody here is trying to figure
out how to do a war against Iran and also
keep oil prices and other prices, keep inflation down.
Speaker 9: Yeah, you know everybody wants prices to go down. Secretary
is right?
Speaker 8: Is correct?
Speaker 9: Everybody's waiting for this to be over and then the
price is going to collapse. I'm looking, of course, mister
worst case scenario? Could it get worse? Are we going
to start hitting critical infrastructure? Car ros Chanura ab Cake
would be the worst. That would be bad. That means
it's permanent damage. Even if Purmuz opens up, that would
be bad. On the good side, is are we going
to see signs just like we're degrading the missile launches
from Iran?
Speaker 8: Other things?
Speaker 9: Are we killing those shore based assets? And can we
start getting ships going through safely? Those are the two
things we're watching.
Speaker 1: Well. Once again, that's why on carg Island we took
out their roads and all the military stuff that they
had there, but we did not take out the ability
of Iran to pump their oil down those pipes to
the ships. Because we want after all the military stuff
is over, we want that supply to be in the
world's market. And I mean the world's because a lot
of countries Asia and Europe count on that little geography
count on Iranian oil to supply the energy needs for
those countries. Back to Phil Flynn.
Speaker 6: Yeah, I think the best thing to do is to win.
That's it. And I think we're holy in the United
States military is going to win and absolutely, and that's
how we're going to put this terror Reiching behind it.
That is disrupted peace added to terror premium and the
price of oil. So that's how we're going to do it.
And I think the rest of the world they're going
to look at this situation where they didn't come to
our defense, you know, and they're going to feel embarrassed,
right because this is a turning point in history that
can actually lead to global stability of lower prices and
a boom for the economy. And that's going to pain
gividends down of the world. So we've got a whim
this thing. I think we're gonna win this thing. And
in the short term, like I say, the President just
has a long memory.
Speaker 10: As you know, we're.
Speaker 1: Dealing with a port. Let's check out with some admirals
to see what their thoughts are about this whole effort.
FIR stuff is Admiral Mark fox Well.
Speaker 11: The geography is fixed, the straighth Horn moves is about
maybe twenty miles or so wide at its narrowest point.
The gulf itself is long, the Iranian coastline is very long.
But I think the most important thing from a certainly
from a military point of view, we need to have
what we would refer to as an ISR, that's intelligence
surveillance and reconnaissance, a soak of staring at all of
the different points there in the strait of hormones. It's
so much easier to find minds if you've seen them
being put over the side. And so I haven't heard
any specific reports that there are minds in the water,
but we I would expect fully that there is a
concerted effort to have a really strong surveillance and reconnaissance
posture so we can see what's going on there. And
you know, we've eliminated so many of their military capabilities,
but small boats with single minds are a hard problem,
and we need to be staring at it.
Speaker 1: So we've also asked about this business of getting other
nations and their navies to come help us clean up
the point of horror moves.
Speaker 8: Now, I think that you know, that's a political issue.
Speaker 11: This is a military problem that we're trying to solve,
and that is to kill or disable all of the
launchers or the means that the Iranians are capable of using,
either to put minds in the water or to shoot
coastal defense cruise missiles.
Speaker 12: The Iranians have shown their true stripes. They have attacked Oman,
for Pete's sake, that's the that's the Switzerland, and the
Middle East. They've they've hit all of their neighbors. So
they're the Paria nation here, and I think it's time
for the World Coalition to kind of gather together and
say we won't stand for this.
Speaker 1: So he says it's a political issue, but at the
same time he seems to be enthused about the idea
of having other navies help out.
Speaker 11: Well, it's always good when you when you find alongside
your allies and your partners, that's always a good way
to go. At the same time, we bring the preponderance,
preponderance of force and surveillance and reconnaissance to this. The
Israelis are doing a magnificent job. They've got incredible intelligence
and so it's a but it's a team effort. Nobody
does it all by themselves, and so the more people
we have on our team, the better off it'll be.
Speaker 1: So Admiral Hardward, he is Hardward as a guy who
was asked basically about the fact that, well, the Iranians
can't be the ones that control the point of horror moves.
This is what he had to say.
Speaker 10: Well, the issue and the truth is they can control it,
and they've been able to do that for decades. And
if we're not dealing with the regime the end state,
his problem will always exist. So why should one country
be able to control the free flow of commerce in
and out of the region so it reinforces this regime
Their intent not just now but long term. So at
the end of the day, we have to solve this
immediate problem, but more importantly the longer term problem to
ensure that commerce is free not just today but for
the long haul. And as Mark so astuteley recognize our
ability to see why areas are not just the straits
but the land mass where they can launch the cruise
missiles and the drones from especially these shaiheeds they've moved
around on Charles. Have a wide area of surveillance to
see all this time, real time, persistently as part of
the solution to take care not just the mining issue,
but the drone issue and not will allowed commerce to flow.
Speaker 1: So over the weekend there was news that apparently we
were going to be sending the Marines and twenty five
hundred of them, and then another article was said, yeah,
twenty five hundred marines and twenty five hundred sailors five thousand,
and the question is are they going to go back
to carg Island again? Are we going to try to
occupy that or not? Well, a marine, a retired Marine
General General Junaro had the answers about what the Marines
were not going to do.
Speaker 13: The thirty first Marine Expeditionary Unit Special Operations Capable and
that's a reinforced Infantry battalion rifleman. They have the vertical
takeoff and landing Joint Strike Fighter. They have attack helicopter,
they have utility helicopters, and they're trained and they train
for months and months and months for these deployments on
a three ship amphibious ready group and they can operate
from the sea logistical support for up to two weeks independently.
They can do direct action, they can seize things, they
can do an extremist hostage rescue if we have to
bring people out, they can go in and hold territory, etc.
So there's an extremely capable, extremely versatile, highly trained capability.
I want to reassure people, and I know the President
has as well and as as our military, We're not
going to do a ground invasion of Iran. That was
one of the most difficult scenarios that we ever had
in any of our contingency plans. And as capable as
the thirty first mewsak is, that's not a ground invasion
for us. But they have a tremendous direct action capability
if the Commander in Chief and our military deems that
they need it.
Speaker 1: So no ground invasion, but they are sending marines and
sailors to the area for I guess just in case meantime.
Department of Homeland Security, No, they're not funded the republic
The Democrats are coming out and saying we have had
five different proposals on the floor for the Republicans to
vote for and they won't vote for it. And the
reason why they say, we'll fund everything except for ICE.
They'll get TSA back to work, they will get oh
talk about TSA. The lines at the airports are getting
under the number of TSA officers that are just quitting.
They're not calling in sick, they're quitting. And apparently airports
like Austin, Texas, there was some video from this morning
where there were people in these huge, long lines in
the airport out the door and into the parking lot.
It was blocks and blocks long. And apparently Detroit also
feeling long, long, long delays when you get to the airport.
So it's still bad. But the Democrats are saying, we
put it on the table. What they put on the
table was we will pay, we will fund DHS, but
we need to revamp ICE.
Speaker 3: Well.
Speaker 1: ICE has been funded through twenty twenty eight, but they
don't care. They say we want to redo how ICE operates,
and the Republicans have told them to pound sand. So
here is Eric Schmidt, the Republican senator from Missouri.
Speaker 14: We should be funding the Department of Homeland Security at
this moment. The risk has certainly heightened. The Democrats are
playing petty politics about it. There are tens of thousands
of murderers, hundreds of thousands of violand criminals that are
in our communities because of Democrat policies. I've got a
bill called the Scam Act that would allow us to
do that. So if you've committed acts of terrorism, if
you've committed the welfare fraud like we saw in Minneapolis,
if you're part of a cartel, if you're engaged in
that kind of activity, we can denaturalize you and sent
you home.
Speaker 1: James Gagliano, former NYPD, he is saying, Yeah, there's definitely
an increase in foreign violence and crime.
Speaker 15: I think it's deeply concerning. And look, there's only so
much that law enforcement can do. Remember, the bad guys
only have to get it right once. We have to
get it right every single time. And going back to
the attack on the synagogue that took place in West Bloomfield, Michigan,
that individual on the synagogue attack, you see his photo
on the far right up there on the screen. That
individual had a brother who is a member of Hezbollah
in Lebanon. I'm old enough to remember it being a
West Point cadet in nineteen eighty three, and four months
later the attack on the Marine Corps barracks in Beirut Lebanon.
Two hundred and forty one Marines slaughtered there. This is
something that is not going away. And here's the issue.
All of the terrorists that I've interviewed across a twenty
five year career all told me, you don't have the
patients as Americans.
Speaker 3: We do.
Speaker 1: We will wait you out.
Speaker 15: If we don't get you, we'll get your children or
your children's children.
Speaker 1: Now they keep repeating that what are the Americans? Were
the watches? But the terrorists say, we have the patients,
we have the time, and they will wait us out.
That's what they've always said. So it's the same story ongoing.
But yeah, the reason why this guy's brother, the guy
that attacked the West Bloomfield, Michigan synagogue that his family
he said was killed in the attacked by the IDF, Well,
his brother was not just Hesbala, he was the manager
of the missiles that they have underground and stored in
apartments in Beirut. Beyroot is an interesting place because Hesbelah
has been diminished, but not completely. They're firing rockets into
Israel daily and nightly a bunch of them because Ron
gave them thousands and thousands of missiles, and how many
are left I don't know, but they keep firing them.
And that's the thing about this war, continuing to try
to wear us down. And if they can drip drip,
drip missile fires against Israel and others, they people in
America will get tired of it and say no, no more, stop,
get let's get out of this war. That they know
that we don't have the patients, and that you hear
people all the time, Oh my gosh, this is what said.
Let me look at my calendar, day seventeen seventeen days.
People are squealing about the price of gas. I get it.
But at the same time, if you want to try
to break the back of the number one sponsor of
terrorism in this country, at Iran, it's going to take
more than seventeen days. It's probably so we're starting in
our third week and they're talking about maybe five six weeks.
But even that, I don't want to put a I
don't want to put a stopwatch on any of this. Meantime,
the Federal Communication Commission, the head of that is a
guy by the name of Brendan Carr, and he is
threatening the major networks with pulling their licenses because of
the fact that he apparently doesn't think that they're reporting
on the war properly. And I've never seen of FCC
commissioner talk about how they want things reported. One of
the things that's critical is a free press. No, you're
not going to agree with a lot of them. I've
said it a million times. I know who the New
York Times is. The New York Times is a liberal newspaper.
I know who Fox News is. Fox News is a
conservative television network. It's okay, just understand the fact that
who they are, and they have an audience, but the
biggest audience in the country by far is Fox. So
it seems like people seem if you're a conservative, you've
got to give some solace in the fact that other
people think like you because they watch Fox. But if
you're a liberal, well you've got a big audience too.
They subscribe to The New York Times and watch MS
now or whatever it's called. So in any case, I
don't like the I just don't like the government rubbing
their nose into the private sector. And one of my
complaints about the Trump administration is they Donald Trump has
a hard time separating the fact he was in business
in the private sector his whole life. And he still
is having a hard time remembering he's the government now,
not the private sector, because he's getting deep. I mean,
he's getting he has to have a deal. He got
a piece of in Hell, he's got a piece of
of na VIDIA and video he's got He's gotting all
these pieces. And then Brendan Carr is sticking the government's
nose into how these networks are reporting on the war.
Marjorie Taylor Green, the former congresswoman from Georgia, she's not
happy with it either. You know.
Speaker 16: I think freedom of press is one of the most
important rights that we have as Americans, and I think
it always needs to be protected. And I think it's
the responsibility of journalists and media companies to get the
truth out to the American people. And I never want
to see a government take control and try to take
that away.
Speaker 8: I think that's this.
Speaker 16: I feel the same way about freedom of speech, and
so if we are to see censorship on social media platforms,
or censorship put on any type of media company, I
think that's completely wrong, you know, And I watch a
lot of international news, and a lot of the things
I see on the international news I don't see on
our American media, and I find that to be extremely problematic.
I think Americans are fed a lot of propaganda depending
on the political views of the media platform or the
personalities or the presenters on the media platform, and I
think that's wrong. I think Americans deserve to see the truth.
They are smart enough to come to their own conclusions,
and no government, whether it's ruled by Republican or Democrat,
should should ever. I guess we should say put a
lid or or put any type of threatening enforcements on
media companies as they try to get the truth out.
Speaker 1: So I'm with her. I don't want provda, I don't
want the government or the state media. I mean, you
may think that I don't know Rachel Maddow. You may
hate her, you may love her. You may think she's lying,
you may think she's the truth teller. But the point
is that's for you to decide. But to have all
these choices out there where you can get liberal or
conservative viewpoints, I think is important without the government sticking
their nose in it, making sure that they report only
the way the government is pleased about it, so that
Brendan Carr's poking around, and I don't think it'll ever
go anywhere. I think he's trying to basically chill them
into being more along the lines of the administration's doing
everything great, and I don't like it, not for a minute.
All right, Let's see how Wall Street did today, because
the markets were positive most of the day, the Dow
Jones industrials finishing up three hundred and eighty seven, so
the roller coaster can continues today. It was up three
eighty seven to forty six thousand and nine, forty six,
SMP up sixty seven, Nasdaq up two hundred and sixty eight,
a gold following forty eight dollars to just above five thousand,
five thoy thirteen, and oil went down just under five
dollars today. At priced today this is West Texas Intermediate
ninety four dollars for a barrel of oil. So that's
it for today. Thank you for coming by. We will
be back again tomorrow. FED meets tomorrow as well, and
also it's Saint Patrick's Day tomorrow. I will definitely see
you then, have a wonderful day