Rush should mention that the oil in the tanker is worth $100M to the buyer but not near that to the Seller. What does it cost the Saudis to pull it out? $2? $3/barrel. It makes a real point that just because we are at $2/gallon for gasoline the energy CRISIS has not gotten better. And won’t until we drill.
Thats just the cargo of oil worth 100 million - the tanker itself is also worth millions.