Gas jumped 30 cents in the last day: Rubio on Iran, Hurmuz; Peace Deal

What this episode covers

00:00 So coming into work yesterday, gas near where I live was $3.99 a gallon. $3.99 a gallon. 00:14 going home last night, same gas station, 417. It jumped up that much in just four or five hours, um five or six hours actually. I mean, this is a bad deal, all right? And it's gotta end soon. Well, it might be coming to an end fairly soon. Marco Rubio, 00:39 uh... confirm this yesterday and and and and were very consistent in this messaging the operation that has concluded was going to destroy their navy they have no navy left they don't not a navy that small boats in boston with a bit on how to navy left they don't have an air force i challenge you what is the last time you read or heard about an iranian jet flying anywhere they don't have an air force their missile launching capability has been substantially degraded and their industrial base their defense industrial base has been severely severely damaged 01:08 So their ability to build a shield behind which they could hide their nuclear program was wiped out. That's a very substantial achievement and that was the purpose of this operation from day one. So this was uh operation, he basically announced yesterday that Operation Epic Fury is over. So now we got to get to the part where we get the Strait of Hormuz back open. And for that we kind of need, and there is a, from what I'm hearing the peace deal, 01:37 is basically going to be one piece of paper. That's what they're looking for. One piece of paper that says, you will not do this, you will not do this, you will not do this. Now we're going to see, because the devil's going to be in the details, but there is a proposed deal between the US and Iran. We've got the details of this 14-point plan according to Axios under the banner 02:04 US and Iran closing in on one page memo to end the war. We've got these. A five year ban on nuclear enrichment, which would be less than the 20 year ban President Trump previously said he didn't like. There would be limits of 4 % enrichment after that. There would be a ban on underground nuclear facilities, a vow to never seek a nuclear weapon. 02:24 commitment to enhanced nuclear inspections and an end to restrictions on travel through the Strait of Hormuz. President Trump, though, is telling the New York Post it's too soon right now to schedule a new round of in-person talks with Iran, so this is very high-stakes game of telephone, still led by Steve Witkoff and Jared Kushner. 02:44 I'm not always going to be one, but if there's a real diplomatic path and we continue to explore it, Steve and Jared are working on that very hard. If there is one there, it could be one that leads them to reconstruction, to prosperity and to stability and to not posing a threat to the world. The alternative is growing isolation, economic collapse, and ultimately total defeat. uh And he's absolutely right. But the main thing for you and I, well, first of all, uh Margaribio also said something the other day. He said, listen, 03:14 Everybody's complaining about gas prices. 03:18 if Iran had a nuclear weapon. 03:26 they could charge anything they wanted for gas prices. They would literally be in charge of gas prices throughout the planet. They would be the ones, because if they're right there, they're straight of Hormuz, they've got a nuclear weapon. 03:46 They literally hold all the cards. This is another thing that this deal hopefully is gonna prevent from ever happening. Right now we're seeing people breaking away from OPEC, we're seeing Iran, they're lashing out against the United Arab Emirates. I'm telling you what, hopefully, some of these people over in Iran will actually come to their senses. Let's go to Gerald in Kalpins, Gerald, welcome. 04:14 Charlie, a simple yes or no question. Okay. Do you think we're being gouged at the gas park? Not really. No. By the oil companies? No. No. Okay. Well, thank you, buddy. All right, man. I appreciate it. And I explained al ...

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