Been if america had not had, as it does, an oil glut. It would have been a much bigger price spike. Thats the upside, i guess, of energy independence. Now, whats happening in oil has not had a negative impact on stocks. We are still looking at a gain for the dow, what, about 90 points, up about 34 on the nasdaq. Part of the dows gain is fueled by the Big Oil Companies which do well when oil prices rise. This tanker story is a big money story. We are all over it. And theres a lot going on. We will keep you in touch with it. Elsewhere, ah, Bernie Sanders outlines his definition of democratic socialism. We will break that down for you. Not literally. The president is setting the political world on fire. He says he would accept information on political opponents from Foreign Governments. Theres a shocker. Connecticut, can you believe this, they are in dire financial straits and they are raising taxes on everything. I mean everything. Varney company is about to begin. If foreigners, if russia, if china, someone else offers you information on an opponent, should they accept it or call the fbi . I think maybe you do both. I think you might want to listen. Theres nothing wrong with listening. If somebody called from a country, norway, we have information on your opponent, oh, i think i would want to hear it. Reporter you want that kind of interference in our elections . Its not an interference. They have information. I think id take it if i thought there was something wrong, i would go maybe to the fbi, if i thought there was something wrong. Stuart bottom line, President Trump said he would be willing to listen to Foreign Governments if they approached him with information on a political rival. Look whos here. Sitting next to me in new york, the guy from the washington times. Okay, you are kind of laughing at this. That was a very typical trump response to a question there, but isnt the president putting himself and the country at risk of being played by a foreign power . Oh, sure. Theres a reason we sort of have political acceptable political language and try to avoid, you know, giving blunt answers like that but it was a very honest answer. Think about what he has been through for the past three years. Once we found out from the socalled Russia Collusion Investigation not that he colluded with russia or his campaign colluded with russia but the fact that the Hillary ClintonCampaign Paid for information that was provided by the kremlin, not only tried to use it to influence the election but then they have used it for the past two years to destroy a duly elected president. So hes sitting there, hes in fighting mode. Of course hes going to say that. I do think its important, there have been reports that say that he said he wouldnt go to the fbi. Clearly thats not what he said. He said he might do both or but he wouldnt, the first call he made wouldnt be to the fbi. He would want to get information. Everybody likes information. Stuart it has set the world on fire. You look at any broadcast, read any newspaper headline, thats it. President trump would take information on an opponent from a Foreign Government. In wildfires, eventually all the fuel gets burned up. I keep wondering when in washington is all the fuel going to get burned up and everything that he says doesnt spark some massive wildfire. It never ends. Stuart its astonishing because here you have a riproaring solid economy, we are doing very well indeed, you never hear a word about it. Its still investigate, impeach and now he will accept Foreign Government information. Remember, stu, i have always argued that the reason he ultimately won 2016 is because of the issues. Because people liked him on the issues. They maybe didnt like his personality, didnt like what he said. 2020, if it comes down to issues hes going to win again. Stuart got it. Stay there, please. More for you in a moment. I want to get back to the oil tankers and the attack on two of them in the gulf of oman. Whats the latest . Ashley two tankers came under attack earlier this morning. One norwegian, one japanese. Both carrying crude oil to asia, as you say, in the gulf of oman. The damage, we still dont know where or who or what was behind this, but the damage is consistent with a torpedo attack or possibly magnetic mines. The distress call went out about 6 00 a. M. Or 6 15, i should say. The second one at 7 00 a. M. So about 45 minutes between both incidents, stu. The crew on the norwegian tanker, 23 safely evacuated. Japanese, 21 sailors evacuated. One slightly injured. You have a total of 44 sailors. The Iranian State tv claiming the sailors were transported to an iranian port. The big question, who is behind this. This was not far from the strait of hormuz, a critical lane, as we know, for crude oil. This is a big deal. Ashley its a big deal. Stuart wait, wait. He sat down five seconds ago and already, hes taken over the show. Do you recognize this guy . The straits is where all the oil is flowing through. That will trigger an allout battle. Those straits will be protected. Stuart its a threehour single answer show. You cant handle that. You have a onehour show. I do four hours live every day without a net. What are you talking about . Stuart three hours on radio. Its not the same. Okay. Well, the difference is you dont get little pictures and everything. You actually have to think. Stuart in all serious nness, i want your analysis. Show me the tweets President Trump just put out about this accepting information from Foreign Governments. Do we have them . Can we get them on the screen, please . Okay. Theyre coming. I promise you. Put them on the screen. Mr. Hannity, having broken into the show, here we go. The tweet is, i meet and talk to Foreign Governments every day, i just met with the queen of england, the prince of wales, the p. M. Of the united kingdom, the p. M. Of ireland, the president of france and the president of poland. We talked about everything. Should i immediately call the fbi about these calls and meetings . How ridiculous. I would never be trusted again. With that being said, my full answer is rarely played by the fake news media. They purposely leave out the part of that that matters. Okay. The political world is on fire this morning. He would take information from Foreign Governments. Well, wait, wait, wait. He could be played. You dont need a guest. Im out of here. Stuart he could be played. Let me tell you, its just the opposite. I think the president is literally, this is, you know i do martial arts. This is a jujitsiu move. This selective moral outrage media mob, think of it this way, if theyre up set he said listen, if i need to i will tell the fbi. If youre upset about that, you have to ask yourself why arent those same people outraged over the fact Hillary Clinton funneled money to a law firm that hired a Research Group that hired a Foreign National that got russian disinformation, i will even use the New York Times phrase to impact our election that was leaked to david corn, michael isikoff, the washington post, to impact the 2016 election and more importantly, the russian disinformation hillary paid for put together by a Foreign National, that information was used to abuse the civil rights of an american citizen and used as a back door to not only spy on the Trump Campaign but then the trump transition and then the trump presidency. So if you are faieigning moral outrage over this, you cannot now ignore the biggest abuse of power that happened with that phony russian dossier that hillary put together. Thats made donald trump, it set him up. Stuart thats what we will find more about. Stuart, this is going to be an avalanche cascading down that will show hillarys investigation and the email server, the evidence is overwhelmi overwhelming, they had classified, top secret marked at the time on the server. It violates 18usc793, the espionage act. Then with the intent the media only cares about trump obstruction, but when you have 33,000 subpoenaed emails and you delete them and you acid wash the hard drive and then you have an aide bust up the devices with hammers and rip out hang on that would be the intent to destroy the evidence of the underlying crime which is the espionage act. Donald trump didnt collude. We have four separate investigations, ninemonth fbi investigation, the house intel investigation, Bipartisan Senate investigation and the Mueller Report cant be any more clear. What we will discover is the biggest abuse of power, they were all warned the dossier was dirty, it was never verified at the top of a fisa application the word verified is there, they signed it, bruce ohr, before the renewal applications every 90 days, they knew hillary paid for it, they didnt highlight to it the judge. They knew it was unverifiable because steele in an interrogatory in great britain, place you may know, literally said i have no idea if any of this is true. Want me to keep going . Stuart no. No, no, seriously. I wonder how on earth you keep all this up in your head. Because you do. I went to bed at 4 00 a. M. And came up with fox friends and Varney Company. Stuart let me tell you something. You have been so deadon about the economy. I watch your show a lot. What i love is the fact you know as i know when you cut taxes, when you deregulate, we are now Energy Independent for the first time in 75 years. We dont need twoo worry about e straits. Stuart bottom righthand corner of the screen, oil is up 1. 60 after two tankers were attacked in the gulf of oman. A few years ago, it would have been up 15 bucks because we now have energy independence. Thanks to President Trump. Listen, this is the first time in 75 years. Those countries we import oil from, many of them hate our guts. They despise us. When north dakota was doing well, i would argue opec artificially raised the prices to get them out of the business. But we have more Natural Resources, natural gas, oil, than all of these countries combined. Now, lets say you agree with me that Vladimir Putin is a bad actor and russia is a hostile regime. I believe it. Im all for bringing putin right down to his knees. You want to do it . We figure out the cheapest way to get our Natural Resources to western europe. Stuart its on its way. The utter stupidity, help make us rich again. Stuart you know what a hard break is . Thank you very much indeed. Good stuff. God, he takes over. Ashley oh, wow. You want me to be a boring guest . Stuart futures showing a gain of 80 points for the dow. 30 points for the nasdaq. One other story for you. The delivery battle. Its ongoing. Target going after amazon and walmart. Theyve got a new sameday delivery option. Big deal. No secret that marijuana is growing. Ashley literally. Stuart literally. The market for it is growing. New numbers show its on pace to surpass the nfl in revenue. Varney company is just Getting Started here. So chantix can help you quit slow turkey. Rkey. Along with support, chantix is proven to help you quit. With chantix you can keep smoking at first and ease into quitting. Chantix reduces the urge so when the day arrives, youll be more ready to kiss cigarettes goodbye. When you try to quit smoking, with or without chantix, you may have nicotine withdrawal symptoms. Stop chantix and get help right away if you have changes in behavior or thinking, aggression, hostility, depressed mood, suicidal thoughts or actions, seizures, new or worse heart or blood vessel problems, sleepwalking, or lifethreatening allergic and skin reactions. Decrease alcohol use. Use caution driving or operating machinery. Tell your doctor if youve had Mental Health problems. The most common side effect is nausea. Quit smoking slow turkey. Talk to your doctor about chantix. Stuart big news story of the day, the attack on two oil tankers off the coast of iran. The price of oil is up just 1. 70. Market watcher Michelle Mckinnon is with us. I dont think thats much of a hike in the price, given an attack on tankers. Why is it not up more . I mean, like you guys said in the last set, we are Energy Independent so that type of move or that type of explosion isnt going to move oil that much. In general, i think oil prices are going to go higher here. We will have a really great season of driving which actually americans are expected to spend 70 million more on gas this year as opposed to last year. I think in general, oils going higher and usually oil follows the markets. Markets are going higher here. Stuart pipeline. You like pipeline. I love pipeline. Master limited partnership, how you guys were talking about today about how we are Energy Independent and the Global Demands higher and people need oil, they need pipelines to transport that oil. Im very bullish on pipelines. Stuart bullish on pipelines. You dont think the price of oil will go back to 70, 80, 90, do you . You know, it could. I definitely dont think you will see 100. Stuart why should it . Look, we are producing, by the end of this year, 13. 4 Million Barrels of oil a day, or thereabouts. Thats an extraordinary amount of oil for us to produce. Texas, five Million Barrels a day alone. Think about all the demand in like india and china. I mean, they need oil. I think Global Demand is higher than people think. Stuart we will ship it to them. Exactly. You need the pipeline, there you go. Stuart thank you very much indeed. I want to stay on this story. I want to bring in senator john barrasso, republican from wyoming. Mr. Senator, you sit on the energy and Foreign Relations committees. If it turns out that iran is responsible for this tanker attack, how do you think we should respond . Well, i think they are responsible for this. We know that iran with their activity iies in the world, mak the world less safe, less secure and less stable. The straits of hormuz where this is happening, 30 of the worlds oil goes through that area. It is our Energy Dominance that we have in the Trump Administration that made a huge difference for the United States but we need to continue to show our power and our force around the world, and the president has done that, and thats the way you prevent additional attacks like this one and the one they had last month. Stuart i do want to leave thim for this, mr. Senator. The senate is going to try to advance the president s border funding request next week. He wants 4. 5 billion. Is he going to get it . I believe that he will, if the immigration system is broken, it has gone from bad to worse. The democrats have been awol on this. They want to fight the president rather than fix the problem. Even the New York Times has said give the president the money, the request hes made is reasonable, its responsible and it needs to get passed and signed into law. Stuart good stuff. Senator john barrasso, republican, wyoming, which is an energy state, thanks very much for joining us. We appreciate it. Thanks for having me, stuart. Stuart yes, sir. Look at futures. Bear in mind the price of oil is up. So is the stock market. At the opening bell ten minutes from now, the dow is up about 70 points and the nasdaq, up about 29. Solid gains. After the break or shortly, jamie dimon going after socialism, saying it will be a huge mistake for america. Then wait until you hear how Bernie Sanders responds to dimons criticism. Well be right back. Stuart oh, the plot thickens in the shooting of Major League Baseball star david ortiz. What is it, a paid hit . Ashley yeah, thats the latest we have out of the dominican republic. Six people are now being arrested in what appears to be a plot, one still at large. This group was paid 400,000 dominican pesos, 7800 u. S. That is it. The big unknown questions, who paid for it and why. They are trying to get to the bottom of it. He was shot in the back, it went through his stomach. He had a bleeding liver, he had portions of intestines and gallbladder removed. The Boston Red Sox sent a plane down there, picked him up, got him back, hes in a hospital in massachusetts recovering. Apparently he walked a little bit yesterday but still a long way to go in recovery. The question is, why did this happen. Stuart we will get an answer one day. One day we will get an answer. Lets move on to this. The cannabis industry is going to have revenues greater than the nfl by 2020. Susan next year. Stuart thats next year. Susan 15 billion. Almost equivalent to taco bells revenue as well, even for 2018, look at the revenue. 8. 6 billion to 10 billion. That is more than spending on ecigarettes, fortnite and goldfish cracker sales combined. Dont forget, also a big employer as well, indirectly, 175,000 to 215,000 jobs are connected with the cannabis industry. Dont forget, its not even legal in most states right now. Can you imagine the Growth Potential over the next few years when it is . Stuart a lot. Check that market, please. We are going up at the opening bell which comes in five minutes time. 90 points up for the dow, 37 for the nasdaq, half a percentage point gain for technology, the nasdaq. Back with that in a moment. Hey, who are you . Oh, hey jeff, im a car thief. What . im here to steal your car because, well, thats my job. What . What . . What . laug