Oil Means National Security, Rep. Jim Jordan vs Jack Smith & Crime Crashes Coast‑to‑Coast Week In Review
Verdict with Ted Cruz

Oil Means National Security, Rep. Jim Jordan vs Jack Smith & Crime Crashes Coast‑to‑Coast Week In Review

2026-01-24
1. Oil Prices & National Security Lower global oil prices weaken hostile regimes like Iran, Russia, and Venezuela by reducing their revenue. The Trump administration aims for a “sweet spot” oil price ($60–$70/barrel): Low enough to hurt adversaries. High enough to avoid bankrupting U.S. independent oil producers. If prices drop into the $40s, it could collapse small oil producers in Texas and the Permian Basin. 2. Venezuela’s Oil Infrastructure Venezuela has the world’s largest proven oil reserves, but decad...
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