Co-host of “The Big Money Show” on Fox Business Brian Brenberg joins Fox Across America With Jimmy Failla to explain why the Biden administration should ramp up domestic oil production and stop relying on Iran in light of Hamas’ brutal terrorist attack on Israel.
“We should be suffocating their production because that’s how they’re actually paying for this. You know, we’re having the debate about the 6 billion. That’s not a good idea. Money is fungible. But the money they’re spending on this is the fact that their oil revenue was $60 billion in 2018 before Trump said, we’re done with this. It dropped to like $7 billion in 2019. It’s getting close to $40 to 50 billion again. That’s how they’re paying for all this. And it’s because when gas prices went high, the Biden administration said, you know those sanctions, let’s use discretion on those. Which means we’re just going to back away and let these guys export them. And China was there saying we’ll take that. But our policy has helped them finance what they’re doing now. And that’s the thing your president should have something to say about if he’s going to take that long to say anything.”
To hear what else he had to say to Jimmy, listen to the podcast.
