 Okay, I guess I'm good news, the Biden administration today approved a big drilling project in Alaska of all places, like this is Alaska super contentious always because of environmental concerns. This is in the, it's in a region called the Willow Oil Project in Alaska, it's potentially a very large source of fossil fuels of oil. You know the environmentalists are flipping out, this goes against Biden's commitment to crush the oil industry and this is a real and significant expansion of that oil industry and now in order to approve this Biden had to throw the environmentalists some stuff, so basically he said okay I'm banning oil production in all these other areas in Alaska and I'm reducing and I'm not going to approve any licenses in all these other areas but this I'm approving and then the other thing is in this Willow oil field he's only approving the pumping of oil up to a certain maximum amount, an amount that is high enough to make it worthwhile for the oil companies to actually pump, to actually go in and make the investment and produce the oil but the oil field has much higher potential so they could be pumping a lot more on a daily basis so it's stupid because over the lifetime they'll pump exactly the same but anyway this is just typical trying to find ways to be able to tell his base that no no I haven't completely flipped flopped, no no I haven't sold you down, no no I'm still committing to environmentalism and to crushing the fossil fuel industry but what Biden has realized is that you know just a straightforward realization from the oil crisis since the Russian war is that America better produce more oil because it cannot rely on the rest of the world and you know oil oil is going to fluctuate dramatically and given that we in the United States have vast resources still of undeveloped oil undeveloped natural gas we better drill drill drill drill was it drill baby drill so as to not be not just reliant on them at least but now also reliant on Russia and and and and demand from China so I think even the Biden realized this and he approved this so good this is a this is a good move by the Biden administration one of the few good moves that they have that they have made all right you know again we'll see the impact this has a longer term and of course if you really want to understand everything that's going on in the energy industry the person I recommend is Alex Epstein all right thank you for listening or watching the Iran book show if you'd like to support the show we make it as easy as possible for you to trade with me you get value from listening you get value from watching show your appreciation you can do that by going to Iran book show dot com slash support I go to patreon subscribe star locals and just making a appropriate contribution on any one of those any one of those channels also if you'd like to see the Iran book show grow please consider sharing our content and of course subscribe press that little bell button right down there on YouTube so that you get announcement when we go live and for you those of you who are ready subscribers and those of you who already supporters of the show thank you I very much appreciate it