Tucker Carlson

Just when you think you got it all figured out, you see trends in progress that seem to contradict each other.

And you wouldn't have expected that.

Here's one example.

So whatever you think of the war with Iran, there is really no arguing the fact it has caused a global energy crisis, maybe the most severe global energy crisis, well, since the discovery of fossil fuels.

To give it some perspective, so the Strait of Hormuz famously is closed down.

That's the choke point through which a fifth of the world's hydrocarbons flow.

And that's been for maybe two and a half months.

If the Strait is opened by next month, which is best case scenario, we have no idea if that's going to happen or not, but let's just say it did.

June, Strait opens, business returns to normal, energy flows what they were on February 27th.

just world returns to status quo, there will still be a net loss of 1.8 billion barrels of oil, not including natural gas, by the way, or petrochemicals or all kinds of other commodities the world needs, but just oil.

1.8 billion barrels missing from the global energy system.

And that's best case.

So that has massive effects on the price of everything.

And now everyone's kind of an amateur expert on the need for energy and global supply chains and all this stuff.

And what we have been misled about for the last 15 years because of climate orthodoxy, we're now learning the hard way, which is you need fossil fuels.

And you need them for all kinds of things, but you need them primarily for electricity.

It's not oil, really.

It's natural gas and coal that produce the world's electricity.

But without them, electricity prices spike.

And when they do, the price of everything else spikes, including just living in your house or your apartment or anywhere.