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Sunday Talks: Energy Secretary Chris Wright -vs- CBS Margaret Brennan

Margaret Brennan asks Energy Secretary Chris Wright to tell her about U.S. troop and military deployments to the Middle East, and whether President Trump is going to “escalate” military operations in the region.  Yeah, she asked about that; as if the Energy Secretary would even talk about it on television if he knew.

Unfortunately, this remains the outlook of U.S. media. Energy Secretary Chris Wright told “Face the Nation with Margaret Brennan” that President Trump was “well aware of the risks to energy flows” before launching the Iran war, but he said the president said, “the world cannot sustain a nuclear-armed Iran, and I’m not going to do it.”  WATCH:

[Transcript] – MARGARET BRENNAN: Good morning, and welcome to Face the Nation. We begin with one of the Trump administration officials tasked with working to lower those high gas and oil prices, Energy Secretary Chris Wright. Good morning to you.

SECRETARY OF ENERGY CHRIS WRIGHT: Good morning, Margaret.

MARGARET BRENNAN: So, it’s good to have you here. You said this past week that Americans can expect lower gasoline prices and diesel prices by election day. The Wall Street Journal editorial board has a piece outlining that the campaign to squeeze around financially is working, but they can still knock out significant Gulf energy infrastructure. They could be planning an October surprise before the U.S. midterms. We are still seeing Iranian attacks on ships now. I mean, how can you be so confident prices are headed down?

SEC. WRIGHT: Well, because we’ve got increasing supplies coming out of the Strait of Hormuz and they’ve continued to rise over the last months, over the last recent weeks. We’ve got U.S. gasoline production today at record high. We have demand for gasoline, as we come out of the summer driving scene, starting to go down. Similar stories with diesel. Diesel’s mostly been infected by the Russia-Ukraine war and also by China’s decision not to export diesel or gasoline into the marketplace. And of course, we’re living with two refineries that were recently closed, large refineries in California that Gavin Newsom forced the closure of. And frankly, 15 years of Democrat policies that have been energy subtraction, trying to close coal plants, close refineries, and shrink our capacity. Which means when you get in crisis, we’re just less resilient than we should be.

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The Political Attack is Centered on Witkoff-Kusher, but Look Behind the Nonsense at Lukoil

I don’t want to focus too much on this, because there are multiple angles still at work.  However, against the backdrop of the non-coincidental coincidences that followed the August 2025 Alaska Summit, the Lukoil story looks strategically interesting.

The New York Times is looking at Lukoil from the perspective of President Trump organizing financial gains for people close to his administration, specifically Witkoff and Kusher.  {GO DEEP}

That aspect is nonsense, total nonsense; however, if you pull back and look at the background story without the Trump derangement overlay, there’s a potential here for something very good to come out of it.

As the story is told, Russian President Vladimir Putin has inquired about the potential for the U.S. to remove sanctions against Lukoil, a quasi-private energy company based out of Russia.  Before, getting too weedy about it, remind yourself of the statements that surfaced during the Trump-Putin summit in Alaska, August, 2025.

You might remember that both the U.S and Russia spoke of strategic partnerships surrounding the energy sector.  Obviously, this makes sense when we consider the “west” is actually fractured on the topic of energy.  There are two competing interests that overlap in the financial side of the issue, the ‘trillions at stake’ aspect.

On one side you have the “climate change” team, those who are fully invested (literally) in the financial mechanisms of the climate change, green new deal, build back better talking points.  The Green Energy team in the west.  The Paris Climate Treaty and carbon-trading proponents et al.

On the other side you have the pragmatic energy team in the west.  These are the Trump-minded and aligned western perspectives that look at oil, natural gas (LNG), clean coal and nuclear technology.  These are the “all the above” aligned voices in the more pragmatic view of low-cost energy production and development.

In the middle, between both sides of the fracture, are the banking and finance systems.  This is the BIG MONEY play, with the Climate Change team supported by banking ideology inside the city of London, while the Carbon Use team is constantly having to assemble finance and insurance from outside the banking control mechanisms.

The Climate Change team have support based on ideology within the finance system.  However, the Carbon Use team have the advantage of low-price outputs, global dependency and actual profits as leverage.  This is a fight essentially inside the larger energy sector, and we are all very familiar with it because it has been happening for decades.

Canadian Prime Minister Mark Carney is currently the main tool deployed by the Climate Change team on behalf of the London finance system.  Carney’s main opponent is U.S. President Donald Trump.

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October 4th – 2026 Presidential Politics – Trump Administration 623

In an effort to keep the Daily Open Thread a little more open topic we are going to start a new daily thread for “Presidential Politics”. Please use this thread to post anything relating to the Donald Trump Administration and Presidency.

This thread will refresh daily and appear above the Open Discussion Thread.

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Sunday October 4th – Open Thread

Our Father, who art in heaven, hallowed be thy Name. Thy kingdom come. THY WILL BE DONE, on earth as it is in heaven. Give us this day our daily bread. And forgive us our trespasses, as we forgive those who trespass against us. And lead us not into temptation, but DELIVER US FROM EVIL.

For Thine is the kingdom and the power and the glory, forever and ever. Amen †

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Barbara Boyd Outlines Trump Strategy Against Fuel Costs and Overall America-First Economy

Barbara Boyd opens with diesel: as Ukraine’s strikes on Russian refineries tighten the world’s supply, President Trump threatened to halt U.S. diesel exports unless Europe released its emergency stocks, and the G7 agreed to release 100 million barrels. She presents it as the opening move of a 35-day economic offensive running into the midterms. The week of action includes Trump’s visit to the Peterbilt truck plant in Denton, Texas, where employee Sarah Renshaw credited tariffs for 1,000 new jobs; his Oklahoma rally; a White House luncheon with tech leaders on superintelligence; what the White House calls the largest steel plant ever built in the United States, coming to Iowa; Vice President Vance at the groundbreaking of Saronic’s Port Alpha shipyard in Brownsville, Texas; and South Korea’s plans for an Alaska LNG pipeline, a 6-gigawatt power plant in Texas and eight nuclear reactors.

On affordability, the episode walks through price increases under Biden (energy up 33% from January 2021 to January 2025), Vice President Vance on the inflation crisis he says the administration inherited, refining capacity, housing regulation and immigration, Secretary Kennedy at the MAHA Summit on AI giving every patient a better-informed second opinion, and the White House fraud task force’s crackdown on Obamacare enrollments. It closes with Michael Shellenberger’s account of the student riots in France, French intelligence tying the movement to Jean-Luc Mélenchon’s France Unbowed (LFI), and NASA Administrator Jared Isaacman on a new golden age of space exploration. WATCH:

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Treasury Secretary Scott Bessent Gives Lengthy Outline of His Role, National Security and the U.S. Economy

Treasury Secretary Scott Bessent appears for an interview with Axios co-founder Mike Allen. The wide-ranging conversation covered the U.S. economy, the war in Iran and the Trump administration’s approach to AI.

Secretary Bessent responds to Americans’ frustration with the cost of living; explains why he doesn’t think the AI boom is a repeat of the dot-com bubble and argues that AI leaders warning about losing control should slow down. Bessent also discusses possible U.S-China cooperation on AI risks, Treasury’s economic pressure campaign against Iran, the bond market, Trump Accounts and his clashes inside the administration.  WATCH:

Chapters:

0:00 – Cold open
0:24 – Inside Treasury’s Cash Room
1:38 – Unpacking why Americans still feel squeezed
5:21 – Bessent’s economic campaign against Iran
7:35 – Is AI in a bubble?

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France Closes 400 Schools, Rioters Planning Major Escalation October 6th and 7th, Next Target London and U.K

There’s generally a strategy to the madness; you just have to wait until it starts to become visible.  The anniversary of October 7, 2023, massacre is right around the corner.

Hamas-led attacks on Israel on 7 October 2023, which killed about 1,200 people and involved mass shootings, hostage‑taking, rapes and horrific assaults on civilian communities.

As noted in the end of this article about the French protests, “student organizations are nevertheless calling for protests to continue, with the movement now looking towards Tuesday’s National Day of Action.”

EUROPE – Around 400 of France’s 3,700 secondary schools were closed on Friday on the orders of police prefects, with many schools switching to online lessons.

Education Minister Edouard Geffray urged parents to intervene, warning that young people were putting themselves at risk.

“Children are in danger on the streets,” he told BFMTV. “Parents must, quite clearly, take action and tell their children not to go [to the blockades].” The protests began over staffing, funding and school conditions and have spread rapidly across the country.

The Interior Ministry said 1,027 secondary schools were affected on Thursday, including 222 that were blockaded. Around 30 university campuses were also blocked.

It said 1,949 people were arrested on Thursday alone, mainly in connection with violence, unlawful gatherings and attacks on people in positions of authority. (read more)

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October 3rd – 2026 Presidential Politics – Trump Administration Day 622

In an effort to keep the Daily Open Thread a little more open topic we are going to start a new daily thread for “Presidential Politics”. Please use this thread to post anything relating to the Donald Trump Administration and Presidency.

This thread will refresh daily and appear above the Open Discussion Thread.

(more…)

Saturday October 3rd – Open Thread

Our Father, who art in heaven, hallowed be thy Name. Thy kingdom come. THY WILL BE DONE, on earth as it is in heaven. Give us this day our daily bread. And forgive us our trespasses, as we forgive those who trespass against us. And lead us not into temptation, but DELIVER US FROM EVIL.

For Thine is the kingdom and the power and the glory, forever and ever. Amen †

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Russian Federation President Vladimir Putin Outlines Context of Russian Position Toward Ukraine

Once again, you may have seen a lot of banter, interpretation and discussion in western media about Russia speaking of defending Kaliningrad with nuclear weapons if needed.  To gain a full understanding of the context, I strongly suggest reading the transcript below.

Vladimir Putin addressed the plenary session of the 23rd annual meeting of the Valdai Discussion Club. It is a very lengthy discussion.  I am pulling out the key segment and suggest everyone take some quiet time to read.

President Vladimir Putin – […] Let me digress from the main topic for a while. There are people here in this room who hold a very diverse mix of opinions regarding an extremely acute present-day conflict – the Ukraine conflict, and what caused it. I would like to say a few words on this matter. It is a fact that many hundreds or even thousands of experts, your colleagues who will study the materials from this Valdai Club meeting, they have their own opinions on this matter. I am, of course aware that some within the expert community might ask why Russia started the war while talking about peace. I have commented this many times already, but let me say this once again in front of this audience.

Where is the truth? The truth is that we did not want and were not the ones who started to fight. In fact, they started to fight against us. They should have refrained from encouraging aggressive nationalism and Russophobia in Ukraine so as to turn it into a tool for fighting Russia. NATO should not have embarked on an effort to make our historical territories part of its military space in its own interests and should not have planned setting up its bases there. Radicals in Kiev should not have been pushed to a government coup while the de facto illegal regime should not have been pumped full of all kinds of offensive weapons after that. Plans for setting up concentration camps for the people from Donbass and Crimea should not have been drafted. Unarmed people should not have been rolled over by tanks, shelled with missiles and bombed from the air and burnt alive just for being Russian, in terms of both their ethnic background and their spirit.

The list of these do-nots goes on, but let me stop at that. I am convinced that this was an intentional effort to place Russia in a situation when it was simply forced to defend itself with arms in hand to respond to this obvious act of aggression. They pushed us to this brink knowingly and intentionally. Overall, Russophobia, oppressing and killing Russian people and destroying Russia should not be turned into state ideology while striving to inflict a strategic defeat on Russia. This was the way it was all articulated, right? No one forgot this. At least, we did not forget this.

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