Bill Meyer Show Podcast - Sponsored by Clouser Drilling www.ClouserDrilling.com - 01 08 26 Thursday 6am

Episode Date: January 11, 2026

morning news and opinion, Minneapolis and more. Great talk later with Jason Isaac, founder and CEO of the American Energy Institute talks the VZ oil and an amazing untold story...critical minerals, and a lot of them.

Here's Bill Meyer. Happy to take your calls on conspiracy theory Thursday, the first conspiracy theory Thursday. At least I'm on the air because a year ago it was New Year's, or a week ago, I should say it was New Year's Day, right? 7705-633-770 KMED. Do you watch the videos, watch the videos of the ICE agent shooting of the 37-year-old woman shooting and killing? I watched a couple of those videos from different angles. And to me, it seemed pretty clear. But what is your opinion about it?

What I ended up seeing was, well, obviously we had, you know, Ms. Good, the late Ms. Good. That was her name, Nicole Good. Obviously, she was trying to stop ICE from doing their job. She had been shattering them, apparently, from the talks about it. And it's okay. You're allowed to go out. out there in protest and do things like that. I wouldn't even question that sort of thing.

But then, apparently they were trying to take her out of the car, is the way it's looking like they were going to get her to get out of the car for whatever reason she was blocking the road, et cetera. ICE was doing an operation in Minneapolis at that time. Probably going to go arrest some more illegal aliens. And Nicole Good thought that, well, her superior morality, I think, was going to protect her. and I don't know if it was one of those things where she got scared

and then hits the gas trying to get away it certainly looked at first though that she's hitting the gas when there's an ice agent in front of her or at least coming up to in front of her the wheels start spinning and yeah you could see the wheels turning away from the ice agent a little bit but I don't know if that's about just realizing what was going on

she's scared and not particularly wise. I mean, it's just a really, really stupid incident. A tragic yet stupid incident. And then you had the ice agent bang bang, bang, and then the other agent, bang, bang, bang. You know, I don't know how many shots were fired, but it was plenty. And she ended up dying and the vehicle ended up crashing, going down the street and crashing a little bit. And I'm watching this. And, of course, everybody's screaming, you murdered her.

it's like, I don't see it as a murder. I also say it could have been avoidable. And is it, you know, is it, you know, this is the way it goes. It's like everything came out under partisan lines, right? Every Republican's out there, including me, it's like it looked to me like, you know, an honest, a frightened law enforcement person. You know, someone's in a 2,000 pound vehicle. Hey, that's a weapon. and if they're not willing to listen to your orders,

your lawful orders to get out of the car or stop or stay there, and then you're hitting the gas and the wheels start spinning. In fact, the wheels were spinning, you know, at one point. You know, to me it's kind of like, you know, you're playing the typical, you're playing stupid games and you win stupid prizes. And yet at the same time, yeah, the ICE agent did get, you know, was contacted by the car, and then people will say, well, it wasn't in danger or this or the other.

Well, yeah, I guess you, what, does the ICE agent have a duty to then let the vehicle hit him, right? I mean, these are the questions you have to start asking. And what would they be saying if a Medford police officer or Jackson or Josephine County Sheriff, Grants Pass, Department of Public Safety, what will you be saying if the same thing had happened with one of our officers around here? Would we be out there, you know, talking about murders and everything else? or would we be saying that, you know, she just sort of sat there. And if she was going to be taken out and talked to by the agents, you just do that. And so, but of course it's being portrayed extremely different depending on what the political side of it is.

You have the mayor of Minnesota, of Minneapolis, rather Minnesota, who is going in there and dropping a bunch of F bombs. You know, ICE get the F out of my city, you know, that sort of thing. You know, that's how a beta male ends up showing his testosterone level. It's like it's really, you know, getting him going. I think that's how beta male, beta males in government end up doing something like that. You know, because in Minnesota, you know, such a feminized in left-wing culture, they don't have the opportunity to come out there and act really tough, you know, for a while. So that's what the mayor, the mayor, the mayor. It's not helping the situation.

But how do you see this? You know, there's the hard left. It's just out and out cold-blooded murder. And the whole right-wing side of things is pretty much saying, well, a brave officer defending himself. And I don't know, maybe the truth is a little bit in between the two extremes. We have a very unwise, 37, now 37-year-old late mother, you know, out there protesting. Welcome migrants.

I'm sure it's, you know, it's one of those things. Welcome migrants. Welcome migrants. You know, we need these people welcome migrants. We need more people in Minneapolis to, you know, to commit fraud against our social welfare programs because they deserve it. They deserve it. But you know, one thing that is interesting to notice is that the left wing, when it came to the ICE agent shooting of the 37-year-old woman in Minneapolis yesterday, It's fascinating to me that the left wing could actually come out there and make a big deal about the killing of a 37-year-old white woman.

Right? What was the last time that the left cared about the killing of a 37-year-old white anybody? I mean, you know that's what's been going on. Everything's about diversity and inclusion, and that means whitey, it doesn't matter. If a white person bites it, this is, well, you know, they deserve it. the cause of all the problems in the world. But at least we found out that, and from what we understand, it wasn't a trans woman.

It was actually a real biological white woman, and the Democratic Party seemed to actually be in favor of this. I don't know. Maybe this is like, you know, progress for the Democratic Party, because normally it's like, you know, if you're the fake man, the dude in the dress, you're the one that gets all the sympathy and all of the, oh, they're hand-wrigging, oh, this is it. You know, but actually a 37-year-old white woman in Minneapolis.

Still very sad. I don't mean to be, you know, flipping about this because, yeah, someone died, but someone died, frankly, because of their own stupidity. And I know that blaming someone for their own death because of their stupidity, that doesn't register really well in the Democratic Party, I think, because the Democratic Party is very big at praising and making sure that even stupid people can do stupid things and nothing happens to them. I think that's, you know, part of the party platform. But anyway, if you have an opinion on it one way or the other, I don't see it as the perfect shot. Gosh, it would have been nice if there was a way to have de-escalated that,

but let's also be honest, the standard narrative out there in the left-wing hive mines here of the Minneapolis's and the Portland's, et cetera, et cetera, is that, you know, by any means necessary, what can we do to ICE? There are threats, let's throw rocks at them, let's do all sorts. Let's make it very difficult. and gosh, there's been an awful lot of posting online of killing ICE agents, advocating things like that. You know, how far you're going to go? Very brave American involved with this.

So, anyway, it's kind of how I'm seeing it. Not exactly the perfect officer involved shooting. Would have been nice, had this been able to be de-escalated. But on the other hand, you're having to make a decision right away. I'm thinking if I was in front of that woman and she hits the gas, he is a private citizen. I probably would have shot through the windshield too. Wouldn't you?

We can talk about that. 77056633-7-0-K-M-ED. What was your opinion of the shooting? So plenty of tension going on about that. And naturally, the left-wing hive mines, everyone's out there protesting in the left-wing hive-mine areas. So that's the way it goes. Okay.

A little closer to home, there's a temporary board now that's going to decide on the future commissioners, the two commissioners that we're now going to have an opening for over in the Josephine County world. And KOBI reporting on this yesterday that in yesterday's meeting, Commissioner Chris Barnett arguing that the transfer of authority should not be granted because the board has a quorum. He used Commissioner Ron Smith's recusal as a defense, saying it doesn't constitute a vacancy, does not eliminate a quorum, it does not strip Barnett's authority, but Barnett constantly referring to the county charter. Commissioner Smith argued that if he and Barnett,

did not agree on a potential candidate within the 30 days. The power would have gone to the temporary board whether he recused himself or not. But honestly, Commissioner Smith, you're taking a dive. We all know it. Good guy, Ron. I just don't understand why you're trying to make this case. Just vote, get on the record, and probably prepare for the recall. Okay?

That's just it. Go out there, do your job, put it out there, and then get ready for the next set of idiots that want to recall you next. that seems to be where we find ourselves right now in southern Oregon politics. 7705-633, 770 KMD, one of the biggest economic stories that I think we're going to have to be keeping an eye on here over the next few days. President Trump yesterday announcing that he's going to ban big investors from buying more single-family homes. This is like the, you know, the black rocks, the private equity groups,

the big hedge funds. And he's trying to lower concerns about inflation and the cost of living, the inflation. And of course, there's been massive inflation in the housing stock. And interestingly enough, we have Black Rock that's owning about

a quarter of a million private apartments and private homes. Blackstone is the largest private equity owner of U.S. apartments, more than a quarter, a quarter of a million. Second largest owner, A star, 138,000.

And what Trump was saying is that people live in homes, not corporations. He says, I'm going to discuss this topic, including further housing and affordability proposals and more at my speech in Davos in a couple of weeks. It's what the president ended up saying yesterday. This could be actually a pretty big deal because there has been an artificial speculative run in places like Black Rock buying up neighborhoods worth of homes. And they tend to do it on a cash base, a cash basis, bidding stuff up incredibly. So I actually think that's a pretty good deal.

We'll see how this works. He actually wants Congress to put this into law rather than it just being an executive order. See, that's the hard work that needs to be done on a lot of other things. That's what we've been kind of complaining. President Trump, let's get some legislation going rather than dealing with the king's rule. Here's an executive order, so it is written, so it shall be. Okay? All right.

22 minutes after 6. Oh, by the way, Black Rock stock dropped about 5% as soon as they came out. It was like, phew, you know, I think it dropped about $100 bucks in value, and it's still continuing to leak. We'll see how that's going, okay? 22 minutes after 6, your calls to welcome, 770KM. Hi, good morning. This is Bill.

Hey, good morning, Bill. This is Terry from Selma. Terry, what's going on in Selma this morning, huh? Well, the weather's nice. It's not snowing like I expected. Bill, I wanted to talk about the shooting in Minneapolis. Yeah, what was your overall opinion on that? Because I know that it was pretty much, you know, the partisan lines were drawn,

and it was the worst thing that ever happened to the world to a white woman yesterday, according to the Democratic Party. And on the Republican, it's just a brave officer defending his life. And I think there was a little bit of fudging, even on the right side, I think. What do you think? I think so, too, Bill. I think, yeah, wrong place, wrong time. She did a stupid thing.

What I questioned, though, were shots two and three through the side of the window after she was driving by the officer. That doesn't hold up for me. Okay. Was that from the other one? I couldn't really tell. Was that the other officer from the side? I really thought it was the same officer.

And I walked through the couple times, and that was the news report I heard, too, that he fired three shots. So I get the one to the good field, but then the two from the side, when does it go from self-defense and then to anger? I just, I don't feel good about those shots. Yeah, but the other part that you got to figure out to, and I think even a jury, maybe not a jury in Minneapolis, would take a look at that.

And there is the adrenaline of once you already have the fight or flight kind of thing going in. I think it's very difficult to go, okay, I'm going to go bang, bang, and all of a sudden, oh, I'm on the side now, and so the threat may be leaving me, so I shouldn't shoot. I don't know. That may be a pretty tough one to control. Just me talking, that's all, you know. Good, Bill, and good point.

I'm glad you brought up jury. That's why I wanted to call. I got to serve on grand jury in Josephine County this last summer, and we got to see awesome videos of situations like that locally. And I'm thankful for our local cops. There are so many times where the jury members were watching the video thinking, shoot, shoot, shoot them, shoot them. And our deputies, state police, city police, they didn't.

They found a way around it. and a situation much like that, but much more dangerous, that a young state trooper was drugged by the door. And he had his gun in his hand, and he didn't shoot. He found a way around it. It was all I'm saying, and nobody died. So maybe our cops here or maybe made of a different metal. Well, there's also the aspect that if you're an ICE officer right now,

there's a lot of incoming. They know it. And I wonder if there's a bit of a oversensitivity at a hair, trigger, just kind of a human reaction. It's just like, hey, everybody hates me here. Everybody hates me. Everyone wants to get me. You know, that kind of thing. I'm just saying, you know. That could be. I also wonder about the crazy amount of hiring. They're done for ICE lately. Maybe they're not getting the most well-trained and the best and the brightest. You know, they've been higher unlike crazy. I wonder about that.

Very good point. Hey, I appreciate the call. Good call. Thanks for sharing the experience on the grand jury, too. Seven-70K-M-E-D. Hi, good morning. This is Bill. It's conspiracy theory Thursday, is. Hello? Yeah, well, this is John West. Hello, John. How are you this morning? Hey, good. Hey, I want to call me in on two things there. The shooting, I believe that the officers were in the right. The lady in the car, she was commanded, and she chose to take her vehicle and use it as a weapon to go towards the officer. The other officer on the side,

I believe had the right to protect the officer that she was trying to use her welfare. So the shot from the side would be justifiable under that circumstance you're saying, right? Yes, yes. And this is typical of the left. If this was a Democrat ran operative, they would just be belivid. But this is typical of the left. Anything to do with Trump, they want to go. against. So this, you know, it's tragic, but the lady, all she had to do was stop, turn the key

off, and just follow commands. That's what you're supposed to do when law enforcement goes to you like that. And she made a choice, and it's tragic. But law enforcement had no other choice, in my opinion. Yeah, I don't think they have a duty to be run over either. I just don't. That doesn't make sense to me. No, I agree with you. And as far as Ron Smith, Ron Smith had a duty. He had a choice. He had 32 applicants. He could have said, listen, I would like to take an extra week to go over all these applications. And all he had to do was pick anyone. I don't care who he picked on the 32.

Just do your job. Pick one. I guarantee it doesn't matter who you pick. Not everybody's going to like it, but at least you did your job. You can defend. You can say, well, this person I felt was best qualified and this person would have made a good commissioner. And whether people agree with you or not. At least you made a choice.

Yeah, you made a choice. Yeah. That's what I don't understand, John. I don't understand. You've been in there. The whole idea. being a county commissioner's that you're there to make a choice, make choices, and it's not necessarily politically helpful or happy.

You don't have to do those sort of things, but tough. You know, that's just the way it goes. Well, you know, I listened to Commissioner Smith, and he says, oh, he was threatened. He's been threatened for a year. People stood at that podium every WBS and threatened to recall all three of them. So he continued to make decisions. he contend you to vote. That is the political atmosphere we live in. And chances are, and chances are trying not to make a decision will not save him from the next recall. You know that,

John. You understand that's probably coming. Ron Smith will no longer be a commissioner in 2026. He will leave office in 2026, guarantee you. You think so. Yeah, I'm just wondering because, you know, to me, it's kind of like bowing to the mob. It's going to, well, you know, I don't want to make a choice. And maybe if I don't make a choice, they won't recall me. And I understand he wants the job. And I understand that. I understand the human side of this.

I really do. But still, you have to do your job. And it just wasn't a shining moment. Appreciate the call there, John. 7-7-0K.m.D. Let me grab a couple more calls here. Hi, good morning. This is Bill.

Who's this? Hey, Bill. Good morning, Keith. Going through Cave, Judge. Glad to hear it. What's going on this morning, Keith? Regarding this. our county commissioners.

It is my hunch that Smith is in on something and won't talk about it. What John just spoke of is probably more clarity.

But I have never agreed with and I've always voted against anybody's recall. But I will definitely vote for for Smith recall because I think he's a part of the cabal to make, who now decide who our commissioners are? It's going to be the other elected officials, like the county assessor and the sheriff, et cetera, you know, those kind of people.

Up to Salem. That, thank you. Yeah. I was wondering. Yeah, if they don't come up with a decision, then it would go to the governor. And, boy, that would be fun. That's why I call that notion right there. All right, yeah, you're fine, Keith.

Appreciate the call. We'll grab another caller to here before news. Hi, good morning. This is Bill. Who's this? Good morning, Bill. It's Ed. Hello, Ed.

Morning. And I'm calling about some facts about the shooting in Minneapolis and how this stuff works. But I always go back to history tells us the stuff. On the west side of Medford, oh, this is probably eight years. ago, 10 years ago, somewhere in there. There was a U.S. Marshal group after a local fugitive. Yeah, that was

the Albertson's parking lot shooting. I remember that. Right. And the same thing. The kid pointed his car in an officer and you know, this literally was, you know, he said he was trying to run them over. I wasn't there. I didn't see it. I didn't see nothing about it.

But that was the story. But the moral of the story is don't point your car at an officer. It's been well, you know, well documented. And this whole thing was avoidable, but it was avoidable with the mindset of the people. Because on the other, and it's far larger than we want to think. You know, it's far larger.

All of these appearances, all of these things, orchestration, all of these things of the protest, because there was a news flag I got yesterday, and I haven't been able to research it yet. But the TSA flag, $700 million in cash at the Minnesota airport last yesterday. Now, think about that just for a moment and combine all of this stuff together. And you look at every aspect of this.

And we need to sit back and just listen, think, and look at the whole situation with the information that comes out. Just that flag that you just mentioned there, that's just more evidence of government being essentially a crime syndicate there or enabling crime syndicates. So now, who was this woman? Why was she there? Why was the car even interfering with the ICE operation? How did all of this come about? From what I read as she was out there shadowing the ICE agents and was part of the protest, protest in the neighborhood. But it was she paid to do that? Okay. That I don't know. Was she paid? That I don't know.

scenario. Now, she probably didn't anticipate getting shot. Maybe she didn't believe that if your car is a weapon once you aim it in an office. That very well could be. And it was more about, well, you know, it's very sad, this sort of thing. But like I said, maybe she thought that she was pretty much invincible about this because morality, you know, the higher moral cause was on her side. I don't know what the thought process was. But one way or the other, it got her killed. That's exactly right. But, I mean, we always have to sit back and look at what are the actual enlarged facts about everything that's going on. And, you know, part of this thing is the exposure of a crime syndicate. Now, when you start dealing with somebody who's running around with $700 million in cash, hey, what's the, why? Where did it come from? Who is it? Uh-huh. And it's like, how do we factor in the concept of what a crime syndicate is?

Well, just look, what happens with you and me. And if we end up finding ourselves involved with the police or something like that, a few thousand dollars in cash marks you as a criminal. Now, I'm not saying that should be, all right? That's not it. But you know how that, you know, the regular Joe gets treated harshly in something like that. But, yeah, $700-something million? Hmm.

That's a much bigger. That's a much bigger feeding pool, wouldn't you say? Well, it's just all of this stuff adds up to just an amazing, intricate, syndicate, you know, of orchestrated events. And it just... And so for all we know, what happened with the ICE agent yesterday was part of that orchestration and perhaps even paid for. The other thing I was listening to, I think it's known. She was doing a newscast on it. or an announcement in front of people.

But what she said at that time was that same officer was involved in another situation where he was hit by a vehicle, okay, and he had to go to the hospital. All right, so he's already been pretty much primed that he could get hurt and hurt badly, right? Well, I would imagine after that the ICE agents were told, look, no one is to aim a car at you. There you go, bottom line. and appreciate the take on it. I'll have you back. 635 at KMED.

Jason Isaac joins me here a little bit. We're going to shift over to the Venezuela story and the strategic minerals and whether you agree with the decapitation of Venezuela or whatever else has been going on. One way or the other, it's going to be our backyard here for quite some time. What happens next?

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show. It could be ironic, you know, to have a song, gold as the bumper music. Yeah, it's a vintage chestnut from the late 70s here. Yeah, about Venezuela here, right? After President Trump's promised to use Venezuelan oil reserves to bring down energy prices for all Americans, world might be ignoring the other side of it. I wanted to talk with Jason Isaac. He's an energy expert. He's the founder and CEO of the American Energy Institute. How you doing this morning, Jason? Welcome back to the show. I'm doing great. Thanks for having me on.

Very good. Now, no matter what you feel about the decapitation or whatever else has happened, the fact of the matter is that it is going to be what it is. The United States is going to be controlling what's going on in Venezuela indefinitely when it comes to the oil, right? That's what we heard the president's people talk about yesterday. Did you hear that correctly, too? Yeah, I certainly did. That'll bring some stability to the region. That's really what is needed for American companies even to consider thinking about reinvesting in their.

they had billions of dollars stolen from them. And people think, oh, big oil had billions of dollars stolen from them. These companies are publicly traded companies, and you look at some of whose their largest shareholders are that had their private property stolen by Maduro and by Chavez. And it's pensioners. Now, did Venezuela ever pay off the International Criminal Court ruling on this? No, they haven't.

There's been several international rulings that they owe these companies and these pensioners billions of dollars. They have not paid it. I think the initial 30 to 50 million barrels of oil that we're going to take from Venezuela and sell on the open market, that's going to go to Venezuela, and it's going to go back to repaying some of those companies

that have their equipment, their assets stolen. So this is a great step in the right direction. These companies have got to understand that there is truly rule of law in Venezuela, if there will be. And contracts have got to mean something before they even consider. consider going back in and reinvesting in Venezuela.

Now, point being, and I didn't realize until I was poking around a bit, though, that our older oil refineries, our fuel refineries, are actually designed for this kind of oil. The heavy, tarry, sulfurous stuff that a lot of times, a lot of the newer refineries don't take, isn't that right? That's correct. Yeah, these refineries were built, but long before the shale revolution unleashed, you know, millions of barrels of light sweet crude from the Permian Basin and other places in the United States. They were built for importing oil from the Middle East and from Venezuela to turn that into diesel, jet fuel, home heating oil, gasoline, distillates, fertilizer, and other products that you and I consume on a daily basis that have no idea where they're coming from.

They're coming from petroleum products. Yeah, I just wanted to make sure that... Over 80% of those refineries in the Gulf take that heavier crude oil. Yeah, now the heavier crude, what's great about that is that really good for diesel, right? And that's what powers industry, trucks, things like that, right? Oh, yeah, everything that you and I are going to consume, wear, live in, or drive in today at one point in time has been in or on a truck powered by diesel fuel, likely on a ship powered by diesel as well. So, yeah, diesel is what moves the world. And so, yes, it's great for making diesel.

It's more efficient when we have that in our refineries. So this will be good to bring down those transportation and shipping costs, which are felt in every single product that we're using. Is the high sulfur content a problem, or do they know how to strip that out and make it to where we need to be? Yeah, not a problem with our American refineries at all. Again, they're geared for this. A few of them have converted to refining the lighter sweet crude that we get out of the Permian Basin, but most of them are geared towards that heavier crude. Okay, all right. Now, we had essentially China was one of the major customers of Venezuelan oil up to this point.

and is that out completely or is it one of those things where the Trump administration is saying, okay, we'll sell to China, but we're going to sell it in dollars, not in yuan, you know? Yeah, absolutely. So China, eight and ten barrels out of Venezuela, we're going to China. On the dark black market, if you will, through these shadow vehicles, these shadow fleets, false flags. So China was essentially buying cheap oil, refining it. And for the first time ever, China has actually become an exporter of energy. They're exporting diesel and jet fuel because they've expanded their refining capacity powered by cheap coal.

It's not beautiful and clean like it is here in the United States, but they've been able to do that. So they're getting this cheap oil. And then at the same time going in and entering into these agreements with Venezuelan government to own control over their critical minerals, gold, rare earth elements, other critical minerals that we desperately need for our military resources, our technology, that China has been threatening to withhold from us. I wanted to ask you about that. What is the critical mineral and infrastructure capability or resources in Venezuela? I've never really thought much about it. I always knew it about oil. You know, oil and lots of oil and nothing much else.

Yeah, it's incredibly rich and it's incredibly dense, and that's what you need is you need density to go in and be able to extract this. We certainly have those here in the United States, and there are certain pockets where it's great for uranium and gold and other critical minerals and rare earth elements, but they've got such a great concentration there that haven't been utilized. So this is really protecting our national security by removing a narco-terrorist and arresting him so that he can stand trial in a federal court for crimes that he's committed

to get hundreds of thousands of Americans that are dead because of the poison that he's been sending over to our country. Jason Isaac once again is an energy expert, founder and CEO of the American Energy Institute. Now, these critical minerals that you're talking about, gold, rare earth. How much of it is rare earth? I mean, gold's certainly nice. We've looked at gold, you know, soaring to about that 4,400, 4,500. Any silver and things like that in Venezuela, too?

I know their gold deposits are some of the largest in the world, as well as their oil deposits as well. I'm not sure about silver, but there are some important critical minerals and elements that are there in their soil that we desperately need to protect us from the Chinese. Communist Party and they're with potentially withholding it they control China controls almost all of those minerals that we need for our military defenses our planes the the amount of critical minerals that go into one fighter jet is nearing 10,000 pounds so it's pretty significant what we need and to have only one supplier that really doesn't like us very much has been manipulating markets for decades dumping billions of dollars into our think tanks and non-profit organizations to try to get us to commit suicide through an energy transition. Those days are gone. Boy, I hope, you know,

from your lips here, Jason. I wanted to take it over here. The critical minerals, very good thing. So it's not just about oil. I know that was what came out of the left at first. Now, oil is not unimportant. It is a, you know, it is a big deal, but it may be the critical minerals may be bigger than the oil, you think. Is that kind of your take on it, ultimately? Absolutely. It is. oil is somewhat of an afterthought. Producing about 700,000 barrels a day. The United States is producing upwards of 14 million barrels per day, averaging well over 13 million barrels a day. So it's a drop in the bucket. Within the next couple of years, they could get up to 1.4 million barrels a day. Again, about 10% of what we're producing here in the United States. But it's those critical minerals,

it's having stability, it's stopping the drug flow, and really stopping the mass exodus of population from Venezuela. from 25 to 33% of their population has left under this Maduro regime. And so this will be great for Venezuela. I think that's why Venezuelans, not old wealthy white people that have nothing better to do with their time and they're being instructed by communists in New York. It's the Venezuelans that are out in the streets around the world cheering for this action. Jason, do you know, speaking back to the oil again, what do you know, or is there any way to figure this out what the return on energy investment is?

Venezuelan crude because some of the research I was showing was that it costs more to get it out of the ground because it's thick, it's tarry, you have to dilute it with naphtha and all sorts of other things in order to make it flow more correctly. And I'm wondering at, you know, at what level that Venezuelan crude oil actually pencils or makes economic sense. Do you have any idea? Is there a way we can figure that out? And I don't, but what's happening is that it's now being sold on the black market. And so it's being sold at a discount, which is like stealing stolen goods. It manipulates the entire market.

So getting it back into a true market scenario where people can buy it at the spot price or they can hedge and make long-term commitments for that oil, it's actually going to improve the market conditions for all of the oil. So this is, I think, OPEC, which should be cheering this. decision, it's certainly going to help balance those market conditions for all oil traders. Okay. All right. Because what I was also wondering about is a price of crude oil right now, $55, $56, $57. And a lot of American oil producers are squeaking right now, especially those frackers, because most of them are wanting oil about $70, $80. And I'm wondering if

President Trump's push to get the oil prices lowered could end up hurting the American. and producers. What do you think about that? Yeah, and some of the members of our trade organization are certainly feeling that pinch. They recognize the benefits to mankind with lower cost of energy. And as we see electricity costs, hopefully start to correct, we've got to get these utilities around the country to abandon their climate change worship, to abandon political agendas that are driving up the cost of electricity. And when that happens, we'll start to see the cost of electricity decrease.

And the industry is a massive consumer of electricity because of the industry. electrification requirements from previous administrations. So hopefully we'll see the cost of electricity come down. They're already seeing diesel come down, gasoline, which are huge inputs into the exploration, production of oil and gas. But it's a little tight at $55, $57 a barrel of oil. I think $70 is a good target. You can still see that. You can see that still remain good profitable margins and keep prices low at the pump. Yeah, because my concern was that if you end up having bankruptcies in the oil fields in the United States in the, in that basin you were talking about. What's that?

The Pembian. Is that what it's called? Permian. A Permian. Yeah, Permian in a basin. And you can't turn that stuff on right away. I mean, it takes, you know, a lot of time and you get people that end up getting fired and then trying to hire them back.

It's kind of a balancing act you have to work on right now, don't you? Oh, absolutely. And having spent a lot of time in the Permian Basin, I'll be there tomorrow. It is. It's tight times right now. Companies are kind of holding on. but it's really unfortunate that you've got some of the majors that are opposing the Trump administration on their efforts to get rid of needless and burdensome regulations that hurt the smaller independence more. I've got one of my members that paid $600,000 just to comply with Biden area regulations, not to reduce anything, but just to comply, fill out the paperwork, count the emissions.

The Trump administration is trying to get rid of the greenhouse gas reporting program, trying to get rid of the endangerment finding. and you've got big oil and the majors that are opposing the Trump's administration to get rid of those overburden some needless regulations. Well, you also have to understand that a lot of those big oil companies are all in on the gang green grand stream funding too, aren't they? You have to be honest about that. They're bought into the green new fraud. There is no doubt about it. And that's why they're opposing the Trump administration on his energy dominance agenda. And it's just sickening.

I was looking at some stuff from Pete Higgs, Secretary of War, saying we don't do climate change, worship. anymore at the Secretary of War. Well, we still have a lot of companies in the United States that are still doing climate change worship to the detriment of the American consumers and really to these smaller independence. You start to increase the cost on them and they're the first ones that file bankruptcy. The majors come in and swallow them up. We're fighting for free markets at the American Energy Institute.

So the regulations actually need to be done through congressional action, too. I mean, having President Trump make an executive order, that's nice. It's not permanent, though, right? Yeah, there's some rules that are being. push through the EPA right now that they have the authority to do to get rid of some of these regulations. And so you don't need Congress to act because the Supreme Court has already ruled that there wasn't clear direction from Congress to implement these rules. And so the current EPA is working to get rid of those. And that could be transformative to the consumer and to the industry.

Two final questions I have for you. First off, what would it take? How long would it take to refresh the decayed infrastructure in Venezuela? And that's the first. one and the second one I don't know if you can answer this or not is China is the most efficient and best at at processing rare earths right now everybody else is pretty much collapsed at this point how long do you think it'll take for the United States to build that up any thoughts yeah I think you're two years away from Venezuela to getting their infrastructure up-to-date at updated you can increase their production you really double their production in the next two years you're

10 years away from a massive, significant increase in production in oil in Venezuela. And it's about the same time frame 10 years. That's when we're looking at about 10 years to have good nuclear power come back on in the United States, build more reactors, get them spread around this country. And that's really going to process, provide the electricity, not only for data centers and for artificial intelligence, but this rare earth element processing that we need to bring back and re-shore those jobs in the United States. We used to recycle uranium here in the U.S., but the Carter administration got rid of that.

What France kept doing it, Russia kept doing it. So we've really exported a lot of these jobs. We've got to bring those back here on shore, and they're going to do it cheap electricity. But we're about 10 years away from having a lot of nuclear power in this country, a lot more, and we're about 10 years away from being able to process these rare earth elements. Boy, 10 years, unfortunately, is giving us a lot of time for different administrations to do really stupid stuff. That's the flying the oint, huh? Yeah, it's one of those things that may give you a pause and hope to extend some terms

rather than keeping them at four years or two years. But unfortunately, this is the world we live in and our representative republic. Let's just hope we keep good administration that doesn't target American energy that recognizes how important it is. It's not part of the economy. It is the economy. Everything revolves around energy. Jason Isaac, he's the founder and CEO of the American Energy Institute. I'll link to all your information.

Jason, appreciate the good talk and analysis. Thanks again. Thanks for having me on. Appreciate it. You bet. 659. This is KMED. KMED HD1, Eagle Point, Medford, KVXG, Grants Pass. Do you have an electrical checklist that needs to be completed? Call completed Electric Plus. Need an exterior, all-weather plug-in installed? Completed. A motion sensor light in your entry, pantry, or laundry room. Completed. Too many appliances tripping your breaker?

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or on campus? Both. Well, I'll check it out. Thanks. This your year. Take the free career evaluation now at My Computercareer.edu, an elite comtea certification partner. Financial aid is available to those who qualify, including VA benefits. Welcome to the Bill Meyer Show on 1063 KMED. Give Bill a call at 541-770-5633. That's 720 KMED. 7 o'clock. Happy to take your calls on Conspiracy Theory Thursday.

Gentlemen, sorry, I was just answering the phones during the break there, and I didn't realize Oh, it's me again. It's me again. But hello, gentlemen from Gold Hill, I missed your name. What's your name? What you want to talk about? Butch. Hi, Butch.

Welcome. How are you? How are you? Doing great. Well, many years ago, while I was over in Southeast Asia, and I heard about the revolt at Kent State University. And the first thought that came to my mind was, well, why do you think they have guns? You know, you don't go up against somebody with guns, especially if they're wearing a badge and are just doing their job. A wise individual would steer clear of that kind of conflict, right?

I mean, just the odds. Yeah. I mean, there's common sense. Throw a rocket somebody. What do they do? They duck. You know? Yeah.

Well, the thing is, though, the courts have made it clear, though, that, you know, that, you know, being in a vehicle is it, you know, actually, if you take a vehicle and you have aimed it at someone, it is the equivalent of arming. And this is whether you're going after a police officer, or if you're just going to run somebody down that you don't like. You know, it is. Oh, no argument there, none whatsoever. The only thing that bothered me was I saw a couple of the videos, and the officer was not directly in front of the car. it looked like he was around by the left headlight.

Yeah, and then moved over. And then he walked away. And then I heard on the radio that he was hospitalized. And I'm like, okay, how hospitalized was he? You know, he didn't get knocked down. I'm not saying what he did was wrong. I just think it was maybe a little excessive. That's all.

Okay. And you know, we can have these opinions here, Butch, and I'm glad you shared it. And we'll continue to leave the open phones up and see what everybody else thinks about that too, all right? you'd be well. Okay. All right. See you then. Get the latest on Fox News. Hand of the update on the way. More of your calls. It is conspiracy theory Thursday. You know, just have at it. 7705633. For precision and precision.