00:00Would you accept a short-term deal that allows Iran and Oman to control the strait?
00:04And would they have to open it immediately, or would you be open to that happening over a period of
00:08time?
00:08No, the strait's going to be open to everybody.
00:11And who would control it?
00:12It's international waters.
00:14Nobody's going to control it.
00:15We're going to watch over it.
00:16We'll watch over it.
00:17But nobody's going to control it.
00:18That's part of the negotiation that we have.
00:21They would like to control it.
00:22Nobody's going to control it.
00:23It's international waters.
00:24And Oman will behave just like everybody else, and we'll have to blow them up.
00:29They understand that.
00:30They'll be fine.
00:31Mr. President, thank you.
00:33How much economic pressure do you feel to get the strait of hormones open?
00:37Well, you have to say, the United States has so much oil that we are an export of oil.
00:43So we have plenty of oil.
00:44We're very lucky.
00:45We're blessed with the greatest piece of land in the world from that standpoint.
00:50And we have more than anybody else.
00:52And now when you add Venezuela to it, we have, I think, 64% of the world's oil.
00:58And we're getting along very well with Venezuela, by the way.
01:01It's being run really beautifully.
01:02The big companies are moving in.
01:04It's going to be amazing because it's also, like us, they're very blessed in that sense.
01:09But we have natural energy that no other country has.
01:13We have more than anybody else.
01:15So it's really a world problem because most of the world doesn't have that.
01:20And we're making it available.
01:21During the closing, I don't know if you've seen some of the satellite pictures, boats,
01:27hundreds of boats lined up.
01:28It looks like, I used to say, the Long Island Expressway with cars.
01:32They're lined up and they're coming to Texas, Louisiana.
01:35They're coming to Alaska to fill up their boat, their big boat.
01:39Some of them are really big, you know, two million gallons, even bigger than that now they make them.
01:44They make them up to four, Chris, I hear.
01:46Now they make them up to four.
01:47The four are now the big ones.
01:49Used to be the ones.
01:50Now it's four million barrels of, think of that, four million barrels of oil in one boat.
01:55But they're lined up and they're right now heading to Texas and they've already filled up and they've gone back.
02:02In addition to that, you have a lot of boats, you have about 1,400, 1,500 boats in the
02:06strait wanting to get out.
02:08And at the right time, we'll release them.
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