The Glenn Beck Program - Best of the Program | Guest: Sec. Brooke Rollins | 8/31/26

Episode Date: August 31, 2026

Agriculture Secretary Brooke Rollins joins to discuss what President Trump is doing to boost beef production, including his announcement that farmers can process their own beef to help lower costs while ensuring the quality of the meat stays the same. President Trump announced last Friday that the U.S. has reached a deal with Venezuela that Trump described as "the biggest oil deal in history." Glenn breaks down what the deal actually does and how it sets America up for success.  Learn more about your ad choices. Visit megaphone.fm/adchoices

Man, we talked about so much today. We talked about hero moms and moms that are maybe going to jail for killing their kids. We talked to Secretary Brooke Rawlins. She is Secretary of Agriculture. She made it clear what the president is doing. A huge announcement, piece by piece being rolled out this week by the Department of Agriculture for ranchers and farmers. And it has nothing to do with changing the safety president. protocols. Your meat is safe. Don't buy into any of this stuff. Also, the hysterical,

meaning laughter, and the hysterical meaning crazy all around Lake America. And I also talked to you about the oil that was announced in Venezuela, the biggest oil deal ever in the history of the world. All that is part of the best of podcast. Listen to the whole podcast at at glenbeck.com slash torch. Here's the best of. You're listening to the best of the Glenback program. Okay, so Thursday, the president signed an executive order changing the name of Lake Ontario to Lake America. I love this. I mean, it's like saying if you don't want things named after America, you got the wrong guy.

It's kind of like if you don't want everything in the Oval Office covered in gold, you got the wrong guy. Now, just like the gold. president can come in and say, I don't like all the gold. The people didn't pay for that. The president did. If you don't like all the gold, don't worry. The next president can come in and take off all the gold. You don't like the name, Lake America.

Don't worry. The next president can come in and go, yeah, we're not going to be Lake America. It's going to be Lake Ontario, okay? Asked what the message was. He said there was no message. And then he explained at some length that it was all about Canada. Well, Mark Carney fired back within hours. The name is 400 years old.

It predates the Confederation and the Declaration of Independence. Doug Ford added, it will be Lake Ontario to the Canadians and the rest of the world, now and forever. Well, you don't know that. You don't know that. I sat there and I watched two governments go to war over a word. And I thought, am I the only one that kind of finds this funny? I mean, funny like a man in a good suit walking in. in, you know, to a glass door.

You feel bad, but you laugh anyway. You know what I mean? The argument Canada is making is the exact argument we've spent 15 years telling people was invalid. Dan Snyder wrote a letter to his season ticket holders in 2013. The name was never a label, he said. It was a badge of honor, strength, courage, pride, respect, Roger Goodell. wrote almost the same letter to Congress. And the country said, no, no.

You don't decide what honors somebody else. You don't. Okay, all right. So the argument won. The team is now the Washington commanders. Stupid. Now the same argument is back. This time wearing a maple leaf.

And everybody has switched sides without appearing to notice. So let's just review the last 15 years. Indiana became the Indians became the Guardians. The Eskimos became the Elks. The Stanford Indians became the Cardinal. Not Cardinals, the Cardinal, singular, which I still don't understand. Squaw Valley became the Palisades Tahoe. Dixie State became Utah Tech.

Yale renamed a college. Princeton took Woodrow Wilson's name. off a school, which in fairness Woodrow Wilson deserved and earned. Aunt Jemima became the Pearl Milling Company, which sounds like a defunct textile operation, quite honestly. Uncle Ben's became Ben's original, which is the same guy with the last name removed, like he's in witness protection or something. The Eskimo Pie became Edie's Pie. Landlakes, remove the woman from the label. kept the land she was still sitting on,

which I believe is a single most on-the-nose thing that has happened in the entire decade. Oh, this is occupied territory. Yeah, that's right, but we're going to remove the Indians, and then we'll all feel better about it. The Dixie Chicks became just the chicks. Lady Antebellum became Lady A. The Boy Scouts became Scouting America.

Splash Mountain became Tiana's Baye. adventure. In software, they renamed the master branch to Maine. So somewhere a computer feels better about itself. And then the words, mother, how dare you, became a birthing person, breastfeeding, became chest feeding, a convict became a justice involved individual. An ex-con became a returning citizen A fat man became plus-sized A homeless man became unhoused

Which did not house anyone I just want to point out The master bedroom became the primary bedroom And a manhole A hole in the ground That a man climbs into Became a maintenance hole Hispanics became

Latinks or Latinx I don't know which it is because it was completely invented for the Hispanics by people who were not Hispanic which about three or four percent of Hispanics have ever used and I don't know those Hispanics

I know the Hispanics that are like that's stupid this is not a language change this is a party nobody came to gender, which used to mean the same thing as sex, now means whatever the sentence needs it to mean. And before anybody, you know, on my side gets to comfortable Gulf of Mexico became Gulf of America. Donali went back to McKinley over the objections of Alaska, which had been asking for Denali for about 40 years.

Nine army forts were renamed back, but with a wrinkle because Fort Bragg is Brack. rag again, but on paper it honors a different brag. The Pentagon picked up a second name. And now a great lake that, you know, we've always known as Lake Ontario, has a new name. So we're all in the game here. The lake that has been renamed over and over and over. And never once did it take. Do you know that before the Europeans showed up, there wasn't even one native name? The Windat called it Ontario, meaning the lake is beautiful. The lake is big. Big lake, beautiful lake.

That's what they called it. They didn't have a name for it. The Mohawk called it, I don't know, I'm going to butcher these names, but it's like Cartatouille or something. different nations, different word, same water. Champlain reaches it down in 1615, and he writes the name as Locke Saint-Louis, after a French king who had been dead for 400 years. Then the French rename it Locke Frontenac after a sitting governor of New France, wherever New France was.

And this one had teeth. because there was a fort at the east end of the lake with the governor's name on it and soldiers in it. So maps of the day called it, oh, something entirely different, Lake of the Iroquois. A king, a saint, a governor, a garrison, an empire. And the word that survived all of them was the one word that meant pretty lake. Nobody protected it, and there wasn't a committee. ordinary people just kept saying it. The maps eventually gave up and was like, whatever, call it Lake Ontario.

Which brings me to actual good news. And it comes from us. In 1917, let me just look this up here real quick. A 1917, this country renamed Sourcrowt Liberty Cabbage. That was done by the Democrats, by Woodrow Wilson. Hamburgers became Liberty Steak. German measles, liberty measles. Doxins or Liberty Pups.

Okay. Go order Liberty Cabbage tonight. See what they bring you. In 2003, this time, the Republicans, House of Representatives, renamed French fries in its own cafeteria to Freedom Fries. Freedom toast, too, not French toast. Big announcement, cameras, statement about our so-called ally, blah, blah, blah. in August 2006, the menus quietly said, yeah, it's just put French fries back on there.

There wasn't a press conference. There wasn't an executive. There's no ceremony. And the reporters went around asking, who changed them back? Okay. Both congressmen who made the original change said it wasn't me. That's how these things end, okay? Not with a repeal, with a shrug.

Because nobody really cares. We're going to call it Lake Ontario forever. Gulf of America may stick. Lake Ontario, I don't, I don't know, I don't know. Language is not a policy. It's a habit. And there are 300 million people holding it. And none of them care what's on your letterhead, okay?

I want to give you this sentence, and I just, just listen to this for just a second. Tell me what's wrong with this. A mother, a woman, and kind of a heavy one, through the realtor, although the realtor would say plus size, breastfed her son in the master bedroom of a little house down on the Gulf of Mexico. Fed him Aunt Jemima pancakes and Uncle Ben's rice, gave him an Eskimo pie when he behaved, and put him in the Boy Scouts. She cried when he finally got out of prison and quit being a convict and started fixing manholes for the city. And last summer, he drove her north, not towards Mount McKinley, wrong direction,

past Cleveland, you know, where the Indians play, up to a diner on the shore of Lake Ontario, where they split an order of French fries and a side of sourcrow. Argued about the redskins and listened to the Dixie Chicks the whole way home. What's wrong with that? You know what's wrong with that? Every word of that sentence is dead on paper. But every word of that sentence is alive in America's kitchens. Okay?

They'll tell you you can't define the word woman. they can. They know exactly what. Ask any one of them at two in the morning in a hospital hallway when it's their own mother in the bed. Is she a woman? Yes. They know.

Everybody knows. They're not confused. They're trapped. They're trapped because they said the thing out loud in front of, you know, a bunch of people and they can't say it in front, they can't use the other word in front of the wrong people because they're whole,

wrong people group will turn on them and go, what do you mean? You know what a woman is. How can you possibly define? We don't know what a woman is. And so they're trapped. That's not evil. That's a trap. And I've been in a few of my own. But I have to tell you, mom is always going to be mom. She was my mom in 1964. She's my mom today. There's moms in 1600, and there'll be moms in 2100. And no president, no prime minister, no committee, no mob on the street is going to get into the middle of that with a two-year-old and that evil word, mom. I got news for you.

Stop being hysterical. Just enjoy it because it's hysterical. The lake will be Lake Ontario. Not because Canada's winning the argument, not because Trump lost the argument. because it's four syllables that mean that lake is beautiful. And people like saying it. And every empire that ever tried to hand them something new or something better is now a footnote. It's been changed over and over again.

It keeps coming back to Lake Ontario. Why are we arguing about a name on the map? The map is not the country. The map is a piece of paper in a drawer, in a building. and the people who own the words, they don't work in that building. So please stop with your high and mighty. I can't believe he changed the name.

You tried to change the name, Mom. Please shut the pie hole. At least I'm a guy who will go, I'm just enjoying it for the last. And I'm selling T-shirts right now online. Get one. While they last. While the name lasts.

Visit Lake America. I'm enjoying it because I think it's hysterical. But don't come preaching, don't come knocking at anybody's door saying, I can't believe he's changing something as sacred as what, mom? As mom, as sacred as, I don't know, woman, man? Yeah, yeah. I'll take the Lake Ontario thing every day of the week over all of the, the language that you have jammed down people's throats. I guess you don't really want to open

these doors, you know, because somebody that's not you ends up walking through that same door and doing things you don't like. Learn your lesson yet? Back in a minute. You're listening to the best of the Glenn Beck program. Let me ask you a question. I want you really think about it. When a decision gets made about your health care, who's in the room? Because it's not just you, and your doctor. It's your insurance company. They have files on you, pages of it. And here's the part it should bother you. It's not always accurate. Somebody from this audience found this out. He called chapter, the only Medicare advisor that I trust, because his cost kept climbing and nobody would tell him why. His chapter advisor dug in and found the record that they were using on him, and it was flat out

wrong. So she corrected it and went back to work finding him better options. Nobody else is going to do that. That's the difference. That's Chapter. Their advisors aren't paid to push one plan over another. They're on your side of the table. They compare every Medicare plan nationwide. They have found people an average of $1,100 a year in health care savings, and the call is completely free. It'll take you about 20 minutes. Talk to Chapter today. Dial pound 250. Say the keyword, 250. Keyword, Chapter. Pound 250, Chapter. You're listening to the best of the Glenn Beck program. Secretary, welcome to the program. We're glad you're here. Glenn Beck, it's so good to be on with you. Really great to have you on Team Agriculture, by the way. Who knew? This is incredible. Yeah, I know. It's been kind of a wild thing to have this conversation with the president last week

and have him connect with it and call you and say, let's get this done. And I can't wait to hear what it is. And also, I think it's important to say what it isn't, because the day. disinformation. The the cartel that is against this is relentless with their lies. Well, that's right. First of all, a couple quick top points. Really great to be on. I've been such a fan of yours for a really long time. Thank you. Very, very special to me. Number two, this president has been, and I believe will arguably go down in history as the most pro-rancher, pro-farmor president in American history, at least in our lifetimes. Number three, that what has happened over

the last just decades, frankly, Glenn, it's not, you know, a lot of bad things happened under Biden, a lot of bad things happened under Obama, but this is decades of massive consolidation in agriculture, offshoring of our food supply in agriculture, the loss of hundreds of thousands of farms and ranches. There is no national security. There is no freedom unless we can feed and fuel ourselves. That's why this is, frankly, an existential question. And then the final kind of top point I'll make is that you're 100% right, that the president, you know, after talking to you, which I loved, got very interested. We've talked about it at length over the last year and a half,

but really your conversation, I think, brought it to the four. And because he had made some comments and some decisions on a short, temporary import, and a beef, all of America was kind of watching on what we're doing with ranchers and beef, And so he said, Glenn, you're right, Brooke, you're right. I want to deconsolate. Let's get back to the way it was 20, 30, 40 years ago where people could use more of a regional processor, a locally owned processor. And the fact that two of the big four are owned by foreign entities, this is astonishing.

Now, does it mean there's no more inspection? Of course not. America has the best food inspection system in the world. I mean, you know it's true when we had a lettuce issue. That was, of course, FDA had blueberries recently, but I think we're so used to our food just automatically being safe. And that's because of the thousands of food safety inspectors we have in this country and around the world.

And that will continue unabated. That's a really important point in all. So it's not about the inspections of the food. It has always been about the way things work, the way. the law is written, if I want to sell my beef across state lines, I have to have an inspector that is USDA, most likely, if I'm living in a state like I sell my cattle in Idaho, I got to go to Denver to sell my cows. I can't get them processed really in my state because I don't process enough meat, so I don't have the small person. I can't, the people can't go and

process their beef in our state and then sell them to the local grocery. store, which, you know, I don't understand the people on the left. They're four these big, huge conglobberates. And then on top of it, they understand farmed table. How do they not understand that same concept with beef and chicken? How do they not get that? It's right. And a couple of things on that. And by the way, we are, we have a whole series of announcements all week. One of the five we're announcing today is on that exact question. Interestingly enough, several States participate in a program, only 11 states, by the way, not your state, but about 11 states. Georgia just got added in the last few weeks. New Mexico is close. Those states, they actually can sell

across state lines because the states have entered into agreements with USDA. So we are doubling down on that. Hopefully talk to your governor. If I haven't already, I'll be talking to him or others this week to get these other states on board. But we have inspectors in every single state. We just have to enter into agreements immediately that will allow, for example, your beef to sell across state lines. But that's just one of about 100 things where, you know, we've been doing, we're going to be doing to make this easier for our ranchers and to provide a better market for them. And you also are you making it easier for people to build? I mean, right now, what is it, 85 or almost 90% of all beef is processed through these big four.

It was not like that 20 years ago. It's never been like this. This is a massive monopoly. Can you make it easier? Are you going to make it easier for people to be able to build processing plants in their own states and get state inspections? Yes. So I think this is a really key component of all of this. And by the way, we're talking big four processors, Packers today.

But this is true in fertilizer. This is true in seed. this is true in almost every level and layer in agriculture. And what's really another conversation for another time, Glenn, but just to put this into context, our farmers continue to struggle year over year, right? The federal government injects money just for their survival. But meanwhile, all of these big ag companies,

a lot of them foreign-owned, continue to have a stronger and stronger bottom line. So the minute we announce, you know, a new injection of funds, a bridge payment, you know, a damage payment, whatever it is. The price of the trucks go up, right? The price of the tractors go up. The price of seed goes up. I mean, this is what happens when you don't have a fully functioning market.

So obviously today we're talking about that non-fully functioning market in a loser. A massive, massive issue. So to answer your question on the big four, yes, what we have done. over the last year is really invested in small and mid-sized packing so that a co-op, a group of farmer owned. We've got some great examples of this, by the way, around the country that are building this out with the help of USDA grants and loans, and we'll be announcing a big, you know, more, a bigger pot for that today. And there is an opportunity here. I'm sure you're tracking that a few weeks ago Tyson announced the closure of three of their plants. They're shifting a lot of their

processing some other plants, one of them in Texas and other places. But that opens up, Glenn, about 20% of the market for smaller and mid-sized companies to come in, American-owned, to rebuild and to catch some of that market that is now opening up. So as tough as that decision was, that announcement was, I actually think the long-term implications are very positive for this industry. So if people understood how beef was purchased, and I'm not going to explain it here because it's just not worth it. But on this grid system with no transparency, I mean, it is honestly like if you were selling your house and these big four companies were buying all the houses and they bought two houses and then said, we're going to base all of the prices on those two houses that we just bought. And you'd be like, well, wait, that's not a free market. What do you talk?

What are you talking about? That's the grid system. That's how they buy beef. it's it's absolutely anti-free market. Is there going to be transparency on that? Yes. And on when they're closing their kill floors, because that's another thing. I can send my beef to be auctioned, and then they can say, you know what?

We had to close our kill floor, so we don't really need it, so we're going to pay a lower price. And you never know. Yeah, good, good luck to you guys. Yeah, so this is a major part. I'm on my way to Nebraska, actually, as we speak in the car, and really giving a state of the cattle union, if you will, those are my words, a state of the union on the cattle industry, on the rancher industry, on what's happened to our ranchers, how we rebuild the herd. We're at a 75-year low after an all-out war against cattle by the left over the last 20 years. What we need to do to do that, and of course, transparency is probably one of the key components of all of us. of that, Senator Ricketts and Senator Fisher will both be there, the governor of Nebraska.

Nebraska, of course, the number one beef state. And while, you know, there's a lot of things we need to do, we need to incentivize young ranchers. We need to keep private property rights, you know, absolute in this country. We need to open up grazing in the West. We need to move some of the overuse crop land to grazing land. We need to bring the cost of fertilizer down. Ranchers use fertilizer as well. We need to break up the big four, bring more competition. and but to your point, transparency in what these ranchers are getting paid, what they're having to pay, that has been lost in the current system. And while the ranchers are, you know, making a pretty good per head pay right now, pay out right now,

that's very unusual, right? For decades, they were at the bottom of the pile, and now they're just starting to catch up again, which is really important. So transparency is very, very important. So can One more One more time Because this this

I don't know Cattle Ranchers Association or something That does not sound like any cattle rancher I have ever Encountered Have come out and said Again this is all about Dangerous Meat

Do you know anything about these people That are leading this campaign And just one more time Can you just set the record straight On what this means for food safety? Well, yes, and again, I appreciate it.

There are, we have just at USDA, I think close to 10,000 inspectors. Nothing is compromised on inspection. The food, especially are, I mean, listen, America, you're part of this, grows the best, highest quality, most impressive, most in-demand beef in the world, in the world. And that is why you see with Make America Healthy again, our big movement there, you know, one of the announcements today is going to be changing the way the government procures its food and its beef, military, hospital, school lunches, which is under me at USDA, Bureau of Prisons, that putting the American rancher and the beef directly from American ranches into the government system,

you know, we're making a lot of changes right now. But none of that is possible unless Americans have full confidence in the safety of what they're eating. And you can't do that without inspectors. And so, you know, you can have some scare tactics from some, you know, a little shady or smoke and mirrors front groups. You've not been in the conservative movement long enough to understand how that works, right? But at the end of the day, this is the most impressive, most robust food inspection safety system in the world. None of that will be compromised. How long before this all goes into effect and how long before the people at the supermarket feel these changes or impact?

Well, you know, as you know, Glenn, this is a very complicated supply chain. When we were dealing with the cost of eggs, right, a year and a half ago, you hatch a chicken within three or four months that chicken's laying an egg and we're off to the races. And so you've seen, right, the cost of eggs come down 30, 40, 50 percent. Listen, a rancher retains a heifer. That heifer takes two years to get to the point where she can even, you know, birth a calf. That calf then takes another two years before he can even get to the slaughterhouse and become part of the food supply chain. So it is a long, long process. Having said that, we've already begun to see signs of improvement for the first time in 10 years.

Our heifer retention rate was up, meaning ranchers were keeping more of their, of their, heifers and the, you know, the remarks I'm giving today, the announcement I'm giving today, will be with the president later this week to talk even more announcements for our ranchers and for our agriculture supply system, how important it is. So I believe we'll begin to see some of these, well, not I believe, I know some of the announcements we're making today will be immediate. Others will take a little bit longer to implement. But the challenge that we're trying to solve is that for so long, agriculture and the decisions that were made, for better or worse, we're for the immediate. And listen, we need short-term changes. The consumer,

you know, is hurting, but we also have to have a long-term plan. And if we don't, we will continue to see the erosion of one of the greatest stories in American history, the foundation of our country, which is agriculture and our farmers and ranchers. And we have to reverse the trend we've seen. Are we going to be able to get Congress to act on this? So when the president leaves, somebody doesn't come in and just reverse this? Well, that's right. That's one of the most important things I think people don't realize is the president. We'll be signing an executive order or two on this later this week. The announcements I'm making today are outside of those EOs, so we're just doing a lot. But if we don't codify this, if Congress doesn't pass it,

then the left who believe that cattle caused climate change with their burping and other gas that they'll begin the war on cattle again. So part of the announcement today is going to be calling on Congress to continue the farm bill that the House passed at the Senate didn't get done, has a lot of good changes in there. There's a lot of really good policy out in some of the bills. And I'm going to fight. I'm making that a priority for next year to really work with Congress to codify a lot of these major unprecedented changes that we're announcing this week.

Brooke, thank you. Thank you, thank you, thank the president for this. I just think it's a good, really good news, a long time coming. But thank you. Well, that's right. And again, I can't thank you enough. It is an all of the above effort. And your knowledge and your willingness to champion agriculture in rural America is going to make a huge difference.

So I look forward to more of these conversations going forward and just grateful for you. Thanks a lot. Secretary Brooke Rollins, the Agriculture Secretary announcing part of the things that she said, it is going to be rolling out all week. This is very good news. I can't tell you how long. I have heard ranchers talk about this and it's finally happening. I'm going to explain it a little bit more here in a second in a way that it will make sense to you because it is important for you to

understand this. If we're going to get it past Congress, you have to know most, you know, most kids are like, where does your meat come from? Supermarket. They don't even know it comes from a cow. We have to know how this system works if we're going to actually change anything. First, our sponsor. You're listening to the best of the Glenn Beck program. A few years ago when the opportunity came to challenge Roe versus Wade, the Alliance Defending Freedom was right there in the thick of it. Just a few months ago, they won a major free speech case at the U.S. Supreme Court

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You're listening to the best of the Glenn Beck program. All right. There was, it's been a lot going on. There is a lot going on in today's world. And flock cameras are on the list again today. I want to talk to a little bit more about this because we are aiming, we are aiming our anger at the wrong place. and I don't know you see anger.

We think we're going for a solution when we are absolutely not by attacking Flock. And I want to explain that because these cameras are dangerous. They need to be not a part of our society. But Flock is one company. And I want to explain that. But first, let me take you on Friday night. On social media, the president announced what he called the biggest oil deal in world history. Here's what it is in plain English, okay?

The United States has entered an agreement with Venezuela and the acting government. A private company is getting created, and the United States takes a stake in it alongside with a private operator whose name has not yet been released. That company is granted the right to develop Venezuelan oil fields for 100 years. America gets 55% of what comes out of the ground. You have an ownership share, plus the right to buy the oil at cost instead of the market price. You want to know how we're going to fill our strategic oil reserves? This is it. Now, the number attached is 65 billion barrels of proven reserves.

If that holds, that new company becomes the second largest corporate holder of oil on earth, only behind the Saudis. The president says it more than doubles American reserves and costs the taxpayers nothing. How's that possible? Let me explain. Now, Venezuela's side is supposed to be roughly $100 billion in private investment and something north of $200 billion in their treasury. That's the deal. Now, here's the part that decides whether any of this matters. There are two things in this country called reserves, and they are not.

the same thing. The first oil reserve is the oil that's in our ground. That's geology. It's a number of survey writes down in a book after he looks at rock. Okay. 65 billion barrels in Venezuela is that kind of number. It's a promise about the future. And a good one, because Venezuela is sitting on more proven crude oil than any country anywhere on planet Earth. The second kind of reserve is the Strategic Petroleum Reserve. That's not geology. That's a pantry. Okay?

Along the Gulf Coast in Texas and Louisiana, there are these natural salt domes and they're buried underground. And what you do is you pump water down, the water dissolves all of the salt, and you're left with this giant cavern, the size, honestly, of a skyscraper turned upside down. We did that and then we fill it with oil.

Now, Congress authorized it in 1975 after the Arab embargo that left Americans sitting in gas lines wondering how the most powerful country in the world just ran out of oil. And we started filling it in 1977. It holds 714 million barrels. In 2010, it was full. 726 million barrels of oil. Last week, it was announced we're down to two. 289 million barrels. That's the lowest it has been since November of 1982, back when we were still filling it for the first time. Okay. And it was on its way up. We're on its way, it's on its way down now. We started the year at 415 million barrels. In March, when Iran choked off the Strait of Hormuz, the president ordered 172 million barrels released alongside other nations that were doing the same thing. Every nation is in the same. Even, China, in the same place we are with oil reserves, okay? Real oil, the pantry kind of oil

reserve. Now, the floor is around 70 million barrels. Below that, you can't physically operate the caverns and the pipe, you know, runs out of them, runs about 4.4 million barrels a day at maximum. That's about 13 days from a presidential signature to a truck at your station. That's how long it takes. So you set the two nine. numbers next to each other. 65 billion barrels under Venezuela that we just purchased, 289 million barrels under Louisiana. One of them is a lease. The other is fuel. You cannot put a hundred year contract into a salt dome. Okay. Now, we've been here before and this is an important lesson to learn. There was a Frenchman named Pierre Puebvre. His name literally means

Peter Pepper. So I'm going to call him Peter Pepper. Okay. So Peter Pepper picks a pepper. In his time, Nutmeg was the big thing. Nutmeg came from a handful of tiny islands in the Dutch East Indies and nowhere else on the planet. And the Dutch owned all Nutmeg. And they controlled the trees. They controlled the price and they burned the surplus stock just to keep the price high. Don't you wish you because I could cut nutmeg out of my life like that. Don't you wish that was our big thing? Anyway, they wanted a monopoly so badly that when they made a deal with the British, they let New Amsterdam go and keep a nutmeg island the size of a golf course.

Where's New Amsterdam? Does anybody know? Manhattan. So Peter Pepper thought a monopoly on a plant was an absurd thing to accept. So he went and he stole it. And he lost his right arm to a cannonball years before.

He tried and failed for two decades. His first seedling died in the ground at Port Louis. And he was, he had convinced somebody that he had killed, or somebody had convinced him, I can't remember exactly. Anyway, people thought that he had killed that plant on purpose. But he kept going. In 1770, he finally got healthy nutmeg and clove seedlings out of the islands and onto the soil where he was.

The monopoly didn't end. He finally had the trees, but it didn't end. Because nutmeg doesn't care about your shipping schedule. It takes better part of a decade before it gives you a single, nutmeg. When the first one finally ripened in the garden, the colony threw a festival. But the festival ended because the seedlings were just seedlings. Today, the little island of Grenada shows so much nutmeg that they put it on the flag, which brings us to Canada. Canada right now sends about 90% of its crude to the United States,

roughly 4 million barrels a day, and supplies like 60% of everything we import. It's heavy, it's sour crude out of Alberta, the oil sands, and our Gulf Coast refineries are built specifically to refine that. That's why when Washington imposed 50% tariffs on Canadian furniture and dairy and plywood, it deliberately left crude oil off. the list. And it's why Prime Minister Carney, after walking away from the table on the 21st,

started reminding audiences out loud how much energy comes from Canada. Okay, he didn't know that we were about to do the deal with Venezuela. Does it take Canada's leverage away? On paper, yes, in about a decade. Venezuelan crude is heavy and sour, the same barrel that Alberta's sends us. It is the one other place on earth with that much of it, and that's a genuine substitute, and Ottawa knows it. So, Carney has just been handed a very short leash. You got like 10 years, and I know that's a long time to us, but in the grand scheme of things, that's not. In the room this week, it's not going to make a change. Venezuela is only pumping about 1.2 million barrels a day right now and at its peak three and a half million now that's back in the 90s to stand in

for Canada it has to triple that and that requires rigs and upgraders and pipelines at a hundred billion dollars i mean these are the seedlings the seedlings are not nutmeg you don't win overnight and notice which direction the sbr cuts the strategic oil reserve or a petroleum reserve the normal answer to a supplier squeezing you is to open up the pantry and wait him out but our pantry is at 40% of its capacity the lowest in 44 years and there's a war on you know empty reserve does not strengthen our hand it hurries us okay then there's a thing that canada is certainly saying to itself is how long is that contract going to last you because it was signed with an acting president installed after we took the last one out. A hundred-year lease is only as good as the government that granted it and the one after that. Now, if we're smart, and I think we are, we made a very good deal with Venezuela. This is very good for them. Now, will it be in 50 years? I don't know. But everybody is, that's an energy executive, is looking at Venezuela and they're asking what this looks like, five years, 10 years,

20 years down the road. And that's not a partisan question. That's due diligence. Now, the honest read of this deal is this oil does not have to come out of Saudi Arabia or cross the strait of Hormuz. It doesn't need a carrier group to escort it. Anything that reduces the number of choke points between us and a tanker is worth having. If you're going to be dependent on somebody, A neighbor beats an enemy all away on the other side of the world. A hundred-year horizon is the right horizon for refineries. So this argument is real, and it doesn't require anybody to lie about the calendar.

But the calendar is the whole thing. The mistake is not making the deal. The mistake is bargaining today with a barrel that arrives in 2035, leaning on the lease while the pantry runs down and the man who actually fills your tank every morning is standing across the table watching you do it. Peter Pepper was right, but it still took him 20 years and cost him his arm.

The Dutch didn't lose the nutmeg trade the day the seedlings left. They lost it the day the trees bore fruit. And this is not going to bear fruit for maybe 10 years. We're planting the trees. We are going to be getting this oil to fill the pantry. We should never negotiate with a harvest we don't have yet. And we don't have it.

But I don't think the president was negotiating with that. I think this whole thing was about Canadian politics and trying to side with China over us. And that's a losing game for them in the long run because, The president is sewing up this hemisphere. He is changing everything. And that's why Carney is so motivated to go work with China because China knows it. I have met with prime ministers around the world now in the last six months. And I've met with three of them.

And all three of them have said the same thing. I know exactly what your president is doing. And it doesn't really include us. It doesn't include Europe. It doesn't include the Middle East. It's all about the Western Hemisphere. And he is rewriting all of the rules to make you guys and the Western Hemisphere the power of the world that can stand and survive on its own. We know that.

We're not happy about it. We know that. Why don't the American people know that? You've wanted a president that looks down the road. Now the problem is we have to have a president that is also not losing an arm like Peter Pepper and just looking 20 years down the road. We need somebody that's looking today as well. But you should know, this is the first time in my life that we have a president that is not just looking at today. He is building this to last for decades.

And that's the real problem we have had. We have been short-term thinkers for too long while the rest of the world plans decades ahead. We have not. We only planning four years down the line. This is a good move. It's not going to help us tomorrow, but it is going to help us in 20 years from now, maybe 10 years from now. And it could just refill our strategic oil reserve faster than that. This is the best of the Glenn Beck program, and we really want to thank you for listening.

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