Name: Oil and Gas Prices Soar Amid Trump’s Iran War, Worst Energy Crisis in Decades: A Closer Look
Uploaded: 2026-03-10T21:37:03.000Z
Duration: 10 min 6 s
Description: Thousands of YouTube videos with English-Chinese subtitles! Now you can learn to understand native speakers, expand your vocabulary, and improve your pronunciation...

Transition words & phrases

Oil prices are surging amid what experts are calling the worst energy Crisis since the 1970s, thanks to Donald Trump's reckless and illegal war in Iran.

For more on this, it's time for a closer look.

Adverbs of manner

Donald Trump has repeatedly insisted that he knows the key to bringing down inflation for everything.

We're going to bring down your energy costs, and with that, everything's going to follow.

I will cut your energy prices in half within 12 months.

Then everything else is going to start coming down, too.

We're going to cut your energy prices and that's going to be the beginning.

Your cost of groceries, foods, everything.

We're going to all come down within 12 months.

All of your energy bills, your car, your air conditioning, your heating, everything will be 50% 5.

When you cut the cost of energy, you really caught.

Look, you're in an industry, a business, whatever you want to call it, a profession.

In many cases, everything follows energy.

I mean, I'm just impressed you have the energy to come up with so many synonyms for business.

Did Melania finally get you that thesaurus you've been asking for?

Mel, you're not going to believe how many different words they have for business, industry, profession, trade.

Oh, that's a good venture, enterprise, pursuit.

I can't believe I have to explain this, but that's not how it works.

prices for foods we import are similarly set at the global market.

Drilling for oil in Texas isn't going to change the the price of a banana from Guatemala.

Unless, of course, when you're drilling for oil, you strike bananas.

And I can just say it's such a bummer that drillers only ever strike oil.

Imagine how fun it would be for just thousands of bananas to start gushing out of the earth.

Daniel Day Lewis could do his first broad comedy.

There will be Bananas, Ladies and gentlemen.

Did we do that whole tangent just so I could do my Daniel Plainville Plainview impression?

The point is, that was the central thesis of Trump's campaign.

Bring down energy prices and prices for everything.

And through the first year of his presidency, even as prices for almost everything else rose, there was one price he kept bragging slash lying about.

Gasoline is less than $2 in many places a gallon, which nobody expected to see, but I did.

We had yesterday three states where oil was at a dollar 99 cents a gallon.

We have people now getting gasoline for a dollar 99, a dollar 96, a dollar 95, dollar 92.

I was in a beautiful place called Iowa two weeks ago, $1.85 a gallon for gasoline.

When I visited the great state of Iowa just a few weeks ago, I even saw $1.85 a gallon for gasoline.

Where'd you see gas at A$85 on Turner Classic Movies?

I just love that thing where he's like A$97, A$92 and like, we're all impressed.

Also, even if this is real, you know we live everywhere, right?

Not all of us can fill up at Crazy Dave's Discount Gasoline in Cedar Rapids or whatever the.

You want us to believe you were at the pump yourself, filling up the presidential motorcade.

There's nothing quite like filling up a tank of gas as you road trip across this great nation.

I remember on a long drive, coming up with the lines to my now famous poem, nothing bad can happen.

I'm sorry to say, once again, Trump's claims about gas prices were wrong.

He spoke of some states hitting $1.99 for gas.

The lowest state average today is closer to 240.

About 100 stations out of about 150,000 stations1 are below $2.

Only 100 stations out of 150,000 were below $2 a gallon.

And of those, 198 of them were run by an old man in a tank top who tells teenagers, I'll fill up your tank, but

I wouldn't go up to Murder Lake if I were you.

The point is, this was the entire purpose of the Trump presidency.

The main thing he bragged about energy prices.

And that's why everything is so awesome right now.

As the escalating conflict disrupts critical oil channels, the cost of oil topping $100 a barrel for the first time in almost four years.

With a gallon of gas now up nearly 50 cents in a week on average.

Across the US markets are tumbling right now, and the oil is surging.

This is now the biggest oil disruption in history.

Bad news if you drive a car or heat your home, but

good news if you've been stockpiling barrels of crude oil at home like I have.

Wife and children who've been telling me I'm crazy for keeping barrels of oil in our New York City apartment.