Impeachment Exposed: Alan Dershowitz on the Hidden Truths of the 2019 Trial
49 min
•Apr 14, 202614 days agoSummary
John Solomon reports on newly declassified evidence from the 2019 Ukraine impeachment showing the whistleblower had bias and submitted false information, with legal expert Alan Dershowitz discussing potential remedies. The episode also covers a House investigation into ActBlue for potential foreign donation vulnerabilities and analyzes President Trump's naval blockade of Iran as a sophisticated economic pressure strategy affecting global oil markets.
Insights
- Withholding exculpatory evidence in impeachment proceedings creates constitutional violations with no clear legal remedy, potentially requiring Congressional action to expunge convictions
- Iran's oil storage capacity crisis from the blockade poses greater infrastructure damage risk than financial pressure, as prolonged well shut-ins can permanently reduce production capacity
- The Western Hemisphere has potential to create energy independence through an APEC-style coalition (America, Venezuela, Argentina, Canada, Mexico) rivaling OPEC's geopolitical influence
- ActBlue's own legal counsel questioning the platform's truthfulness to Congress suggests internal acknowledgment of serious compliance and foreign interference vulnerabilities
- Global energy realignment is creating cascading geopolitical shifts comparable to post-Cold War restructuring, with implications for US-China competition and hemispheric security
Trends
Congressional oversight of online political fundraising platforms intensifying due to foreign interference and compliance concernsRapid energy sector repositioning in Latin America (Venezuela, Argentina) creating alternative supply chains outside traditional Middle East dependenciesNaval blockades emerging as preferred economic coercion tool over military intervention, targeting infrastructure vulnerabilities rather than direct conflictDecentralization of energy markets from global OPEC model toward regional blocs (Western Hemisphere, Asian markets) reshaping commodity pricing mechanismsIntelligence community transparency and declassification becoming political leverage point in impeachment and oversight disputesShale revolution and US energy dominance creating new diplomatic leverage in trade negotiations and sanctions enforcementStorage and infrastructure constraints becoming critical vulnerability in energy supply chains, not just production capacityCross-border energy deals accelerating post-regime-change transitions (Venezuela, potential Iran) as private sector moves faster than traditional media predictions
Topics
2019 Ukraine Impeachment Evidence and Constitutional RemediesWhistleblower Credibility and Brady Violations in Congressional ProceedingsActBlue Foreign Donation Vulnerabilities and Compliance FailuresIran Naval Blockade and Oil Infrastructure Damage RiskStrait of Hormuz Geopolitical Leverage and Global Oil MarketsVenezuela Oil Sector Rapid Recovery and US Operator ReturnWestern Hemisphere Energy Independence Coalition (APEC Concept)Argentina Shale Gas Development and Economic ReformUS-China Competition for Energy Security and Critical MineralsElection Integrity Legislation and Voter Verification StandardsHousing Affordability and Regulatory Red Tape ReductionOil Price Volatility and Consumer Impact AnalysisIntelligence Community Inspector General AccountabilityChevron and Shell Venezuela Operations ResumptionHalliburton Argentina Shell Gas Production Contracts
Companies
ActBlue
Democratic fundraising platform under House investigation for weak fraud standards, foreign interference vulnerabilit...
Chevron
Announced major oil and gas deal resumption in Venezuela within weeks of regime change, demonstrating rapid private s...
Shell
Signed major oil production deal in Venezuela and shell gas production contract in Argentina as part of Western Hemis...
Halliburton
Contracted by Argentina to manage shell gas production using advanced technology, supporting Western Hemisphere energ...
New York Times
Reported on ActBlue legal firm communications questioning platform's truthfulness to Congress regarding compliance an...
People
Alan Dershowitz
Former Trump impeachment defense lawyer discussing constitutional remedies for withheld exculpatory evidence in 2019 ...
John Solomon
Host and primary investigator who obtained declassified documents revealing whistleblower bias and false statements i...
Tulsi Gabbard
Released declassified statement revealing Inspector General withheld evidence of whistleblower bias, lies, and Biden ...
Brian Steil
Leading Congressional investigation into ActBlue's compliance failures, foreign interference vulnerabilities, and pot...
Tim Stewart
Energy industry expert explaining Iran blockade's infrastructure damage risks, Venezuela recovery timeline, and Weste...
Jim Jordan
Co-signed letter to ActBlue threatening criminal prosecution referral for obstruction and false statements to Congress
James Comer
Co-signed letter to ActBlue regarding compliance failures and potential criminal obstruction of Congressional investi...
Donald Trump
Subject of 2019 impeachment investigation; implemented Iran naval blockade creating geopolitical pressure and oil mar...
Quotes
"What you have done for America in terms of uncovering injustices... you are more important, especially, that newspapers like The New York Times and media like CNN are not doing it, but particularly they're not doing it against their favorite people."
Alan Dershowitz•Early interview segment
"History will expunge it already based on your work. Because what you've done is you've created so much doubt about the credibility of the main accuser that it's hard for anybody to sit back now and say that was a just impeachment."
Alan Dershowitz•Impeachment discussion
"The challenge is Iran's producing rough about 3 million barrels a day, and with this blockade... it produces incredible stress on the Iranian production facilities themselves. That oil's got to go somewhere because it's coming out and you don't just turn it off."
Tim Stewart•Oil blockade analysis
"It took us literally five weeks. Some of the companies that are my members took them five weeks from the day that the action that took out Maduro to when they got their crews back on the ground."
Tim Stewart•Venezuela recovery discussion
"If five years from now, you're not talking about that creation [APEC], I could hang up my hands and say, okay, my work is done here. It would be game-changing."
Tim Stewart•Western Hemisphere energy independence discussion
Full Transcript
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Day two of the fallout from the extraordinary revelation by Tulsi Gabbard and the declassified documents obtained by Justin News, requested by Justin News, showing that the Ukraine impeachment of 2019 of Donald Trump was potentially a ruse, certainly an unfair proceeding because exculpatory evidence for the president, derogatory evidence for his chief accuser, the so-called CIA analyst whistleblower, was kept from the proceedings. The fact that he was biased, the fact that he submitted a falsehood in the original whistleblower complaint, the fact that he knew nothing firsthand, it was all hearsay. Those are three things that as Alan Dershowitz will tell you today, could give grounds for the president to ask Congress to vacate or to erase the impeachment conclusion of the House led by Democrats in late 2019. It will be a historical footnote, but it'll be unprecedented in history. We're going to delve into that today. We've got some great guests for you, but before I get to the guests, I want to talk about the blockade because there is clear evidence that the blockade is beginning to get diplomatic attention, diplomatic pressure being applied. China sent its ambassador to meet with President Trump today. That is a sign that China knows if it can't get cheap oil from Iran the way it's been skirting sanctions and doing for the last few years, it has a really significant problem. And at the same time, as that, Iran has another problem. It's one that doesn't get talked about in the media. We talk about, well, they might not be able to get cash for the oil. That's true, but there's a more catastrophic episode about to occur. By most market accounts, the Iranians don't have a lot of oil storage. They drill it, they pull it out, and they send it away. They make business that way. They're about 60% capacity with two or three weeks of no sales with those ships leaving. They're going to be out of storage capacity. That means the wells can no longer function. Pressure builds up in them. They begin to become damaged, or if it's a fracking well, there's waters that come up into it, and the wells begin to get destroyed. It could cause billions of dollars of damage to the well. So the Iranians have an enormous desire to get this done. The Chinese have a growing desire to get this done. The Indians in India, they have a desire to get this done. President Trump's chokehold on the street is having the diplomatic pressure that I think a lot of people hoped it would have. We don't have to fire any bombs right now. It's an economic war that we have unleashed with this blockade. We're going to keep you up to speed on that. In fact, in the third block of the show today, Tim Stewart, the president of the US oil and gas association will come in and explain how this blockade has a level of ingeniousness to it, a level of diplomatic pressure that maybe many in the traditional media have not appreciated yet. But those on the industry front lines, those on the front lines of China, Iran, India, and the others affected by it, we have their attention. America has their attention. That's just a little bit of what we're going to talk about over the next several days. In the next hour, I should say. Let me give you the lineup first. It's a good one. Alan Dershowitz is going to give us an incredible briefing on what happened at the impeachment on 2019. What Tulsi Gabbard declassified, why it's so relevant, and could the president potentially erase, expunge his impeachment of 2019? Alan Dershowitz will weigh in that. Remember, he was one of the president's lawyers in the well of the Senate. They demarcated at the time, defending the president against what he thought was an unfair impeachment. In the second block of the show, this hit like a major story this morning, much like the Tulsi Gabbard declassification of the Ukraine impeachment bombshell. A little while ago, three House Chairman, Brian Stahl, House Administration, Jim Jordan, House Judiciary, and James Comer. House Oversight sent a letter to ACK Blue. Remember the ACK Blue investigation prompted by our reporting, starting back in 2023 and 2024? Well, the three chairmen say, we think we have evidence now that ACK Blue misled us, obstructed us, didn't comply fully with the subpoenas. Some of that evidence is a New York Times article where one of the law firms for ACK Blue apparently wrote a letter saying, we think you lied. We think you didn't tell the truth. Now, ACK Blue disputes that, but for its own law firm to call it on the carpet, you got to start to wonder what's going on. So Chairman Brian Stahl is going to come on and describe what's going on. We broke that letter today, this letter telling ACK Blue, we're going to put whatever pressure it takes to get the truth from you, to get the documents you have not yet turned over from us, and we're not afraid to even go to the Justice Department to suggest criminal prosecution of ACK Blue. That will be in the second block of the show. And then as I mentioned, Tim Stewart will bat clean up today and walk us through why the oil blockade in the straight of her moves by the President Trump is having a significant crisis or creating a significant crisis for Iran. It's the wells, something we're not thinking about because we're not oil industry people, but Tim Stewart is. He's going to make sense of that. He'll also try to give us a projection when oil prices will get back down to normal. And then the third thing that I think is really quite interesting, Chevron and Shell just announced a major resumption of relations with Venezuela. Remember when the American media said, oh, it'll be years before Americans get the their old well started? Well, not really. There's only five weeks. Deals were struck. There's some other big announcements, one involving Argentina. The Western Hemisphere, where America resides where Canada, Mexico is ramping up oil production in ways we can't imagine. Tim has raised this idea. I think President Trump has floated this idea once too. We might be able to replace OPEC with an APEC, meaning a North American petroleum exporting council that creates security for the Western Hemisphere and doesn't put us on the reliance of the Middle East and Iran and other bad actors. So that is something we'll tackle in the third block of the show today. So a really good show. Alan Dershowitz paid close attention to what he says. It's a pretty amazing interview. German Brian Steyl, Ack Blue, back in the news, some more of our investigative reporting on the front lines. And then Tim Stewart, we're going to get educated on why the oil blockade is more significantly dangerous to Iran than you probably know from the reporting in the traditional media. That's our show today. Now, before we get to our first commercial break and carry up for our first guest, a quick shout out to sponsor a partner here at Just The News that makes shopping for life insurance easy. One stop shopping. It's called Policy Genius. And it's an online insurance marketplace. You can compare quotes from some of America's top insurers side by side. You get that basic service for free. Their license team at Policy Genius will help you get what you need fast so you can get on with your life easily. Find what you need coverage amounts, prices, terms, no guesswork. You just get straight clarity. 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Your book, Get Trump, takes out a lot of new meaning with this revelation. Yeah. Well, thank God for you. I mean, my God, what you have done for America in terms of uncovering injustices, I wish I had you around over my 60 years when I litigated many cases, winning some, losing some, winning a lot of them where we could prove that the government withheld exculpatory information or information critical of witnesses. The Supreme Court, back almost 100 years ago, ruled that the government has a constitutional obligation to provide under our adversary system any evidence that could prove the innocence or dispute the guilt of anybody accused. And when you get to an impeachment, my God, can you imagine what would have happened if the president had been impeached and then we would come up with this evidence and we would have to go where? To the Supreme Court, to Congress, to God? Where do you go if you lose a case based on unconstitutional grounds? I mean, if it's a regular case where a person goes to jail, you have a remedy. Sometimes it's too late. Sometimes they're gone. Sometimes, in some instances, they've been executed based on this. But if you're the president of the United States, you've been impeached, you have nowhere else to go. So, thankfully, thankfully, thankfully, you have come up with this evidence and you're just a constant protector of the Constitution. You're an important guardian rail against government abuse. And it's so important to have you and your colleagues constantly digging around and holding the government to account. You are more important, especially, that newspapers like The New York Times and media like the CNN are not doing it, but particularly they're not doing it against their favorite people. You do it in a nonpartisan way without regard to whose ox is being gored. You just want the truth to come out. And again, thank you. Thank you on behalf of Truth and Justice for doing what you do every single day. Yeah, sir, thank you. That was very humbling and coming from you with all the great work you've done. It means very much to me. I want to ask you a question. In a case like this in a criminal court, you would go to the trial judge and say, hey, wrongly impeached, wrongly indicted, wrongly convicted, if that was the case, you should reverse it. The Chief Justice of the United States was ultimately the trial judge in the Senate trial and the impeachment proceedings. Is there any avenue for a president to go back and say, expunge the impeachment because it was based on an unfair process? Well, you know, you've come up with an interesting novel approach. It's never been done. I don't see any reason why it couldn't be done. Impeachment is a quasi-judicial procedure, whether you have to go back to Congress and ask them to expunge it or go to the courts. But I have to tell you one thing, history will expunge it already based on your work. Because what you've done is you've created so much doubt about the credibility of the main accuser that it's hard for anybody to sit back now and say that was a just, a just impeachment. But I don't know whether there's going to be any remedy. Maybe we should try to create one. But having you there to constantly keep the government on its toes deters future government officials from doing this because these government officials will probably have to pay a political price, if not a legal price, for violating the Constitution. Because that's what they've done. They violated the Constitution. Alan, my dad always says it should hurt to be this stupid. It should also hurt to be this corrupt. When it comes to the people who are involved, you know, I know Brady violation is not typically a crime, but and you would be the person to answer this. I believe in about a dozen states, if it is done knowingly and intentionally and with malice or in bad faith, it can actually be a felony. Do we need to find some type of work around to make this hurt so that this doesn't happen again? Yeah. Number one, you can also always bring a civil lawsuit. This is a direct violation of the Constitution. The Sixth Amendment gives everybody a right to confront witnesses. The right to confront witnesses the Supreme Court has held includes the right to have the government provide you the information they have necessary to confront those witnesses. Look, one of the first cases I ever studied in law school, which almost made me into a criminal lawyer, is when a prosecutor held up a bloody pair of underwear in front of a jury and say, this is the underwear that was bloody because this man, a black man, white defendant, this man raped and murdered this woman. At the time he said that, the policeman, the DA knew that there was no blood on that pair of in the past. It was paint. And that man almost went to execution. He was sentenced to death. And ultimately, the conviction was reversed. The prosecutor was rebuked but never punished. And that's why it's so important to punish and hold responsible people. Now, that was an extreme case. But extreme cases, if they're not punished, lead to less extreme cases like the one you exposed. So, you may not understand how important a role you're performing in protecting the Sixth Amendment to the Constitution. Please keep doing it. We need you because the media isn't doing it. The media loves to just dump on people who are thought to be guilty, whether on a partisan basis or just because they favor convictions in most cases. But it's so important to have an objective and neutral station like yours, network like yours, program like yours, and personally like the two of you, telling prosecutors and government officials every single day, we're on to you. We will catch you, maybe not today, maybe not tomorrow, but we're not going to rest until we disclose all the evidence the public has the right to that. And you're instrumental in giving us that right. Thank you, sir. Tulsi Gabbard released a lengthy statement a little while ago saying that the former Inspector General of the Intelligence Committee withheld this evidence and did so knowing that the man he was submitting to Congress and forwarding to Congress as a legitimate complainant had bias, had lied to the investigation, was tied to Joe Biden, and only had hearsay evidence. She used the term he weaponized the whistleblower system. Could someone like that face penalty for obstructing a congressional proceeding by not telling them or not disclosing the truth to the Congress? Well, first of all, you can commit crimes by omission as well as by commission. I'd have to actually know all the evidence, read all the records before I would ever accuse anybody of a crime. But it's certainly possible that failure to disclose could constitute obstruction of justice. So the investigation ought to go forward. Let the facts be determined. Let the other side have an opportunity to rebut the facts. I'm sure you wouldn't call fairness. Give them that opportunity. And let's see what the evidence shows. And then we can determine whether there's any basis for going any further into the criminal justice system. Yeah, that's the way the justice system is supposed to work. Fairness. Absolutely. Alan, we got to talk about your latest book. I know that you said if President Trump, this push for President Trump or the whispers about him serving a third term, it's all on the shoulders of people like AOC. Talk to us about it. Well, you know, I presented a draft of this book for President Trump, and he got a good laugh out of it. And he said, well, you know, it maybe it would be too cute. And, you know, I don't know whether he have a word. I can only tell you this, that the framers of the 22nd Amendment created a hole bigger than the hole that's being dug for the new bull room in the White House. It is such a enormous, you know, they were told, why don't you just say he can't serve or he can't be or he can't act? No, they said, we're not going to do any of that. We're going to say he can't be elected to a third term. Well, there are so many ways of becoming president without being elected. If you are vice president, you could be designated if you're the Secretary of State or the Speaker of the House and the presidents, the people before you. There are various ways which a person could become the president without being elected. Is it likely to happen? No, it's not likely to happen. But I have to tell you, if the Democrats were foolish enough to or disloyal enough to America to nominate an AOC or even a Senator Murphy or Senator Warren, one of these people who would sell out America in a second. And if President Trump were convinced that the only way to defeat these people would be for him to somehow seek and obtain a third term, I wouldn't put it beyond him. I mean, he is determined to save America from some of the people who would destroy it if they actually got the nomination. And for people who say, oh, that's impossible, America would never nominate or elect a socialist New York City with the largest collection of Jews in any city in the country, elected an anti-Semite, a socialist, a hater to the mayoralty. And so it's possible. And I think that is, again, a safeguard against the Democrats electing an extreme radical. Do I think it's going to happen? I hope not. But I mean, I wrote this book as if I were a law professor, going through all the possibilities. And if you haven't gone to Harvard Law School and you want to get a little bit of a Harvard Law School education, if you read the book, it would be as if you're attending one of my seminars. You can see both sides are analyzed. Then I leave it to you to come to the conclusion as to whether it would be constitutional. Hey, folks, don't go anywhere. Chairman Brian Stile, House Administration Committee, he and two other Chairman, Jim Jordan and James Comer. 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A couple of years ago, I got a tip from some law enforcement officials about some misconduct potentially inside ACK Blue, the big online fundraising effort for Democrats. I got to watch our next guest in action. He went right to work investigating this. He had his own information. He's been developing it. And now there are some new developments in that ACK Blue investigation, including an insinuation from ACK Blue's law firm that maybe ACK Blue lied to Congress joining us right now, the chairman of the House Administration Committee, which oversees election integrity. He's also a congressman from one of my former home states, Wisconsin. He is chairman Brian Stiles. So good to have you back on the show. John, thanks for having me on. All right. It's always an interesting moment when a law firm is caught perhaps questioning the integrity and honesty of the political group. It was representing, what do you make of these reports of the dispute between the law firm and ACK Blue's former leadership? Well, it tells you two things. One, that we are barking up the right tree in our investigation that now started over two and a half years ago in 2023. I feel like you and I were about the only people interested in looking into these allegations that ACK Blue had weak fraud standards were at risk of foreign interference and foreign donations on their websites. As we continue to peel back the onion, we get more and more evidence as to what was really going on at ACK Blue. We've proven that they've had weak standards. They weren't even requiring, for example, that CVV number that said three or four digit code on the back of your credit card. They need to type in pretty much any time you buy something online. We now have additional evidence that's reported that senior leadership at ACK Blue was not truthful to me and their report back to Congress. That is incredibly concerning. We're going to dig even deeper to make sure that we get the answers not only on what's going on, but the truth for American people. Absolutely. What's their current level of operation? Because we're kind of in an election cycle right now. Are they still taking donations? ACK Blue continues to be the leading fundraising platform for Democrats and liberal activists across the country. It's the reason that we need to make sure that we get this right. We should have a standard of no illegal contributions being made through online portals like ACK Blue. The laws probably need to be adjusted in this regard. That's why we began this investigation. Then we're going to be holding entities like ACK Blue accountable for their lack of transparency to Congress, potentially false and misleading statements that they made in regards to my 2023 investigation and further investigations going forward. We're going to burb dog this all the way to the end because the standard here should be that the American people should have confidence that foreign money is not coming into U.S. elections. Yeah, it's so important. You did so much work. First, you found the CBV thing. You got the depositions. You went through suspicious money activity reports, SARS. You have the best view. The thing that shocked me most in looking at this letter or this communication between the lawyer law firm and their client was that the law firm seemed to have the same concern you did, which was there may have been some serious foreign vulnerabilities. What do we know about what that law firm's concern was or do we not know it yet? Well, we have the reports that were put forward in the New York Times investigation. That's giving us more questions, which we're going to have to go back to ACK Blue with because, again, the American people deserve to know the answer is to exactly what is taking place in these online donation platforms such as ACK Blue. And further, we should all have confidence that foreign donations are not entering into U.S. politics. The report that came out that includes a law firm, that amount of internal discussions that they were not being truthful with Congress is incredibly concerning in a period of time when the American public, I think, questions the volume of money that's flowing through ACK Blue. And we need to know that there is nothing nefarious going on and this investigation as a result is going to continue, I think, with added momentum and added strength. Mr. Chairman, you have always been absolutely savage for election integrity. But as the days go by, the fate of the Save America Act seems to get grimmer and grimmer. What's your outlook on it? You know, it passed the House with overwhelming support because it's such common sense legislation. I mean, it's simple legislation that says you need to be a U.S. citizen to vote in U.S. elections. You're going to prove that at the time you register and that you're going to be who you say you are. And you're going to prove that by showing photo identification when you go to vote. This is overwhelmingly popular with the American public. That's why it passed through the House with such ease. My hope is that the Senate truly brings this to a vote. There's no reason that the Senate can't get this done in pass. It continues to get pushed around by a 60 votes filibuster threshold in the Senate. I look at the Senate and say, men, let's get this done. This is common sense reforms I think the American people deserve to have in place before November. Yeah, that's exactly right. It's so popular. So very few things are 80, 85% popularity like this. Before we let you go, what other things are you looking for in the 26 election? I know you spent a lot of time getting election observers to grob. There's been a lot of progress made by this Justice Department cleaning up voter rolls with consent degrees and lawsuits. One of the big issues that keep you awake tonight when you want to make sure this is going to be the most well-run and highest election integrity election we've had in a long time. Well, one, we need to implement election integrity standards across the country. It's why I've introduced the mega act, make elections great again, comprehensive election integrity reform. But there's other stuff we can do as well. We can push at the state level as we've done, for example, in the state of Wisconsin where we ban Biden bucks or where we ban Zucker bucks from being implemented and we require photo identification. And then at the committee on House administration, we've run one of the most robust election integrity programs the country has ever seen by sending out trained individuals to key voting locations across the country. Those men and women were absolutely essential at making sure that the last election was run with the most integrity we could possibly require until we get the comprehensive election integrity legislation passed and signed into law. Mr. Chairman, something that is plaguing the American people, not enough homes for people that is driving the cost through the roof. And I know you are a large part of one of the components of the Housing for the 21st Century Act, something that it sounds like it's going to vastly improve that situation for Americans. This is all about cutting through red tape. The amount of bureaucratic red tape that's driving up costs for Americans is hard to wrap your head around. It's the bureaucracy of not only Washington, D.C., but state and local governments as well. The 21st Century Housing Act that passed through the House with broad support really begins the process of cutting through the regulatory red tape so we can get back to actually building homes that Americans can afford. Making sure that we get this legislation negotiated through the Senate and signed in the law by President Trump is essential. I think we have a huge opportunity to begin shipping away at the unnecessary costs that find their way into housing through regulations, bureaucratic red tape. And the more we're removing that with the business forward mindset, the better it is to American consumer and young couples in particular that are trying to buy their first homes. All right, oil blockade, higher prices here, much bigger pressure on Iran, China and India. Tim Stewart from the US Oil and Gas Association, good friend of the show. Well, back clean up press and wrap up why what President Trump has done is far more consequential pressure than a lot of the media in America are reporting right now. We'll have that after the commercial break. All right, folks, welcome back from the commercial break. If you've been to the pumps recently, you feel a little bit heartburn. We know that that's some of the consequences for taking on Iran and its violence for the last 47 years. The ironic thing is that we don't need other oil. We have plenty of oil here in America, but of course our markets and prices are set by what goes on by what other people in the world need like China in India, which are much more dependent on the Strait of Hormuz. Here to help us understand that and also the impact of what President Trump's game of chicken with Iran is by closing down the Strait of Hormuz. He's the president of the US Oil and Gas Association, a great friend. He always makes energy understandable and fun. Our good friend, Tim Stewart. Tim, good to have you back on the show. John, it's great to be with you. Boy, it's been an interesting last week or two, hasn't it? It sure has. Every day, something big and new to chew on and to digest, but the world's changing in a big way. Let me start with something that I don't think a lot of people understood. I was trying to explain a little bit on Steve Bannon's show today. Part of the ingeniousness of the naval blockade that the president just did is that pretty soon, Iran won't be able to put any more oil out and it will have filled all of its reserves. All of a sudden, that ends up causing these drilling wells to have to stop, the sludge comes up, or the brackish water comes up, and these wells can be significantly endangered. Talk a little bit about the sand clock that Iran's probably filling behind the scenes as a driller and how much President Trump now may have some leverage on them. Yeah, that's a great question. That really sort of gets down to the nuances of things that you're not going to find unseen in or anywhere else. Like oil wells, natural gas wells, you don't just turn them on and turn them off. That's not how it works. Unfortunately, that's kind of the public perception. It's just increased production or just decreased production. The challenge is Iran's producing rough about 3 million barrels a day, and with this blockade of the blockade, which is fascinating, that isn't of itself as a fascinating thing. My enemy's blockade, I'm going to blockade their blockade, that's why I'm going to break it. What happens is that remains in force and the US Navy is successful in sort of really blocking that transit from Iranian ports. It produces incredible stress on the Iranian production facilities themselves. That oil's got to go somewhere because it's coming out and you don't just turn it off. When you have about 3 million barrels a day, which is coming out, there are two things at play. One is, well, if you can't get the crude to market, you don't have money to buy imports. It's the financial pressure, but from the industry's perspective, it's the infrastructure pressure that actually plays. That's even more important than the financial transactions. When you have about a million and a half barrels of data that have to go somewhere, you have limited storage, either on site in storage and or floating tankers, and you've always used the fleet to be that mobile storage, but you don't have any spare capacity beyond maybe 13 to 20 days worth of export volume before those tanks fill up. What happens is, if you've got in order to put the oil, then you have to shut in those wells. When you do that, that builds up the pressure. That pressure then can do permanent reservoir damage to your fields. It's not theoretical. These prolonged shut-ins can leave hundreds of thousands of barrels a day offline forever. The Iranian industry itself is under intense pressure right now to figure out how to get that crude to market or put it somewhere. Otherwise, they do have to shut in. If they shut in, then it's going to have long-lasting damage to their fields. It's been interesting to watch. I think finally the administration went for the jugular. They gave the Iranian regime enough time, but they also gave plenty of warning. Now, I really do think that things are coming home to roost here and they have to make decisions. Yeah. The Chinese ambassador to the United States is going to show up at the Oval Office and meet with the president and say, that isn't an accident either. They're probably, China is probably feeling a little pressure too because it's that oil from Iran that China needs to keep itself powered. Right? Yeah, absolutely. China is theoretically being started with cheap oil. I mean, they've had the luxury of buying from the shadow fleet and skirting the sanctions for years now. They've become very, very used to buying Iranian and Venezuelan crude at 30% or 40% discount. The Italian regime's economy is being crushed, but at the same time, the Chinese economy is being put under intense pressure. You and I have talked about this going back probably six months, which all of these actions are really aimed towards China. It's not necessarily about Venezuela. It's not about Cuba. Those are collateral and those are benefits that come from this. This is all about China. I think the Trump administration with the blockade is demonstrating two things. First, you want to control our access to critical minerals, China? Well, we're going to control the access to your crude and we're in a two-position, not just the Strait of Hormuz, which we're demonstrating to what we can do. But this announcement with Indonesia yesterday with the Malacca Strait shows we can do it in your backyard as well. It's going to be really interesting times we live in, John, for the next few months, I think, going to think. I think the world's going to be realigned for decades to come. I think that this is perhaps one of the largest global realignments, maybe since the fall of the Berlin Wall or maybe even going all the way back to World War II. We don't know how it's going to end. We do know one thing. Our energy industry is by far the most innovative and fast-moving energy industry in America. I was laughing my dear ear off a few weeks ago because I saw a lot of people in DC on the talk shows, on CNN saying it's going to take years for America to help the Venezuelan oil industry get back online. Tell us a little bit what's happened in the last few weeks. It's actually been pretty quick, right? Oh, yeah, it's been fascinating. You and I call them the Chattery and Lanyard class, right? I love that. That's right because they all wear lanyards. That's right. They know everything. They're so smart because they just talk to themselves. Interesting enough, just in the last day or so, I don't know if any people noticed this, but in Venezuela, Chevron and Shell both eat major oil and gas deals and did it with the idea that the revenues are going to be rebuilding the country again. That was just in the last couple days. I've been saying to people, I've been saying to the Chattery and Lanyard class, look, it took us literally five weeks. Some of the companies that are my members, the companies I work with, took them five weeks from the day that the action that took out Maduro to when they got their crews back on the ground. Five weeks is all it took to get them there to begin rebuilding the infrastructure that they left behind 15 and 20 years ago. Again, after I've reminded people that the Venezuelan oil industry was built by US operators. It was built and run for 100 years. Our old equipment, we got the keys to the trucks that are still there. They're back in. They know how these fields operate. They know the challenges, but also we're coming back in with technology that's 15 years newer than it was when we left. It's no surprise. You're exactly right. We're the best of the world at doing this. We will be for the foreseeable future. I think Aaron's going to be the same way to your point earlier. There's massive realignment. It's probably a massive realignment in a very good way. The supply chains are going to be reorganized and we're never going to have to have this problem again, I don't think. It is really remarkable. Quite frankly, the whole world is going to benefit. China will benefit because it won't have to do things illicitly anymore. They'll be a much more friendly, and fair, and unsanctioned global oil market when these things happen. Cuba, Venezuela, look like they're happening in our hemisphere. Venezuela clearly already has happened to some degree. Then you've got Iran, I think on the brink. From what you see, Iran probably has, there's reports today that Iran now has made a five-year offer for a five-year stop on its nuclear program. They went from we're never giving up on nuclear to now five years, Trump's, I think, countered with 20th of the New York Times. It's right. Iran's blinking and blinking and blinking because it can't win this blockade war. The second its wells start to clog up and the pressure starts to build up, they have a disaster on top of the fact that their military's leveled. Do you feel like the leverage is in Trump's court more than Iran and China right now? I really do. Again, I think with the blockade, it's the ministry, in my opinion, it's exactly the right call. It's a similar playbook to Venezuela. The blockade cuts off revenues. With no revenues, your security forces don't get paid and your proxies don't get paid as well. That's absolutely key. A blockade collapses Iranian Iran's imports to zero because there's no cash to pay because you're not having oil exports to pay for anything. It sends the currency into devaluation and frankly, when you're losing a half a billion dollars a day combined economic damage, you don't last very long. Especially when you're going to go to military, you've also lost a lot to the military because the military's leveled the enormous assets that they had, including the factories that were supplying Russia with drones. They've got to be in a real tight vise right now. Yeah. And the sad thing is, you don't want the Iranian people to be hurt from this. You want the regime to be knocked out because you've got millions and millions of Iranians who long for, just like Venezuela, they long for freedom. They long for Western values. They long for ability to make their own decisions. They haven't been able to do that 47 years. So that's really crucial, I think. It's just an amazing moment and watching the strategy play out. Every time the media suggests there's no strategy, there's like three layers of strategy. Then a few weeks later, the media has moved down to something else because they were wrong. Almost no one in the traditional media covered the Chevron and Shell stuff yesterday, even though I think it's one of the most signature moments in just how much Venezuela has changed in just a few short weeks. It's pretty amazing. There was another story that everybody completely missed as well. When you're talking sort of Fortress North America or Fortress Western Hemisphere, is Argentinus signed a deal with Halliburton yesterday to do all of their Shell production. Halliburton is the best in the world and they're bringing their top technology. So Argentinian is going to become a major Shell gas provider as well over the next several years. To your point, the realignment's underway and we're sitting here. We've got a front row seat to it. It's pretty fascinating. It is. Actually, not only a front row seat, in the case of your industry, you're out on the front lines of making it happen. It's pretty amazing. In Argentina, very quickly, malaise economic reforms are beginning to fix a country that literally had an almost worthless currency and now all of a sudden it's coming together. Will Argentina be one of those great success stories that we look back four or five years and say, it happened. Capitalism worked. I really hope so. What really makes capitalism work and economies thrive is access to cheap and affordable and reliable energy. Natural gas, as you talked about forever, natural gas is the best form of that energy. It's clean. It's produced clean. And frankly, to the Argentinian industry, we're going to show them how to do it. They're going to be at the US level in short order. So I think that's going to have a huge impact on them as well. That's pretty darn remarkable to watch every piece of this come together. A lot of history is still to be defined. There are risks and there are still bumps in the road, but there is something going on that I think is pretty remarkable. All right. In the short term, while we marvel at what could be in the near future, one of the largest global realignments, we do go to the gas pumps. We do fill the price and none of it is the result of American energy producers. They're pumping out more energy and enough energy to supply America, but sadly, the commodities market set the price for Americans, even if we could take care of ourselves, which we can. What is this look? First off, explain the dynamic that we're being punished for what China and India and others have to do on the other side of the straight, but what is the short and long term outlook for energy prices in America? How do we get them back down quickly so their wallets are a little bit better? Yeah, the quick thing to get this done is to get this Middle East situation resolved as quickly as possible can, but there will still be a long tail. It's just inevitable when you have supply disruptions like this globally. The challenge in the US for the US consumer market is crude itself, regardless of how much we produce through the United States. It's actually tied to a global market and that global market sets the price. Even though we may be sitting on a lot of it, because of how intertwined we are with the Asian and the European economies, we're tied to that price. I have to keep reminding people, look, there's three segments of the industry. There's the producers, the ones that I represent. We're like the farmers who produce the product and we put out to market. Refiners are the ones who take it and they turn it into something else. Then the retailers are the ones who sell it. There's actually three aspects of our industry and they don't always move in tandem. There's oftentimes several week lag time. I have to be honest with people. I'm saying, look, we're going to be feeling the impacts for a while. The consumers are. I think the national average today is around four, four 12 or four 25. That's up sharply. It's going to be there for a while. Frankly, unfortunately, those choke points are going to hit community and they're going to hit trucking and hit groceries and hit summer travel. It costs me a lot more to fly back and forth from home to DC every week than it did six or eight weeks ago. As inflation pressure is going to touch everything, we have to be ready for that. Again, it's like as rapidly as it went up, we're going to see it come down fairly significantly. You mentioned at the top of the show was that we may have something that we may buy at the end of late summer. We're going back to where we consider normal. That's what we're hoping for. The other challenge, Sean, is this. I kind of liken it to there's this Goldilocks zone for US only gas producers, which it's between $65 and $90 a barrel. Anything below that makes it hard for the shale producers to make any money. Anything above that creates demand collapse. It means people just stop driving or stop traveling. We don't want either one of those. We want to stay in that range. If you stay in that range, then you can afford to buy the new truck and you can get the fishing boat. Beyond that, it keeps my CEOs in panic mode either way. They're not particularly comfortable right now. They'd like to see things settle down because it makes it easier for them to plan for next year. It gives them a certainty for the future, economic certainty. It does seem like a temporary disruption, assuming that we can resolve it. It will be worth it in the long run. It will be worth it in the long run for sure. A little short term pain for maybe some really remarkable long term gain. I want to talk about something that President Trump, I think, teased one time. Instead of an OPEC, is it possible one day we'll have an APEC, an American Petroleum Exporting Countries, a coalition. There's enough with what Venezuela is doing. Argentina is doing what we do. If Cuba were to come into the fold, is it at some point, do we create a successor organization that's Western Hemisphere independent for petroleum crude production? Does that price system maybe shift to a Western Hemisphere in the future? That is a great question. Frankly, I'd love to see that happen because, I just mentioned global markets. It'd be much, much better for US consumers given our ability to supply ourselves to be able to be tied to a Western Hemisphere market. You see a little bit of that now. You see West Texas Intermediate trading at certain level versus Brent versus the spot market. I imagine if we had much greater collaboration with like-minded countries or like-minded provinces, because Canada's a little bit, they've got their issues. I think what you would see is you would see a fairly significant insulation from other choke points halfway across the world where the Western Hemisphere markets go, gee, that's too bad. I hope you guys get that result. In the meantime, we're refining, we're producing, we're refining, we're consuming all of it here in the Western Hemisphere. If I did that, John, if five years from now, you're not talking about that creation, I could hang up my hands and say, okay, my work is done here. It would be game-changing. The potential for it is really lining up. As you mentioned with Argentina and the shale there, Venezuela been a significant way. Alberta seems increasingly agitating to maybe untether itself from Canada and the craziness of the other liberal provinces. Alberta, Venezuela, America, Mexico, you'd have a pretty substantial, you'd rival anything in the Middle East and it would change the economic security of our hemisphere. I think you first floated this idea in a tweet, if I remember correctly, a few months ago. President Teese did a couple times. What would it take to go from concept to reality in the moment we're in right now? That's a great question. I think you really can't do this without Mexico or Brazil. There's got to be some diplomatic outreach there. I do think honestly, to your earlier point, these events like this have a tendency to completely restructure the geopolitical orders for generations. When it surprised me, after this Iran situation has kind of resolved, people have said, okay, let's not make sure this never happens again. North American, South American markets, we can contain any residual damage from that, but also let's put ourselves in a position where we're the reliable supplier in disruption events that may take place in the future. You saw that huge line of tankers on their way to Texas to pick up American crude. They know where to come. It's an amazing story from 15 years ago. How much? Well, 20 years ago, I guess now with the Shale Revolution, but America is the envy of the energy world now and it doesn't get the coverage it deserves in the traditional media because they're still taking their donations from climate change theorists and the APS, these big climate change grants that they get. The people in the real world know this has been a transformative moment. America has been at the center of that transformation. I suspect in the next five years, that energy transformation is going to become part of a geopolitical transformation as well. You will have been right in the middle of all this time, which is really pretty remarkable. It's crazy for a farm kid from Idaho, isn't it? You've gone a long way. Your whole family has. What an amazing family you have. You've got a brother as a judge, a brother who's a member of Congress and a key member of House Intelligence for a long time. All of you have contributed so much to your country's future and it's fun to watch the Stuart family in action. We really appreciate that. Thanks a lot, really. I catch you for the service. All right, Tim, we're going to bring it back on a few weeks and get a bit of an update because there's going to be a lot of volatility that I think leads to some really long-term gain. I really appreciate that you made Iran and global oil prices a lot more understandable for all of us, which we're deeply grateful for. Thanks a lot. Good to have you on. As always, folks, go check out the US and Oil Gas Association, Xite. I love their introduction. I got to go quickly remind myself because it's one of the funniest things, but they represent America's oil and gas producers, what they say on their Twitter site, Xite, and their awesome workers. Account run by the USOGO president. That's Tim. Blame him if you're offended. He won't care. I love that line. That's a really fun trade association. Next time, go check it out. They go subscribe to it because they have a lot of smart stuff, not just about energy. Great, great thing to check out. Tim will be in touch soon. Thanks for joining us. Thanks a lot. Yeah, what a fun time. All right, folks, that wraps up our Tuesday edition of John Solomon reports. Yep, the April 14th edition. Tomorrow's tax day. Hope you get your taxes done. A big thank you to Alan Dershowitz, Chairman Brian Stile, Tim Stewart from the USO and Gas Association, three Greek guys, some really big news. Keep an eye on justinnews.com. We're going to have a new exclusive tomorrow morning. The new inspector general, the intelligence community, the guy who inherited the mess that the old one created. He's going to break some news. We're going to have that in the morning. It's big news. You want to keep a close eye on it. We'll break it here at justinnews.com and John Solomon reports on the Wednesday edition. We'll also have Mark Meadows, Senator Ron Johnson. We got some big guns coming your way. So be sure to check out our incredible work. We're going to have great, great guests all throughout the week. All right, until then, God bless you and have a great night.