Just one month into 2026, oil prices have surged nearly $10, Venezuela’s regime has been shaken, Iran is facing internal unrest, and Texas is gearing up for a high-stakes U.S. Senate battle. What does it all mean for energy, politics, and the future of the Lone Star State?
“ With this AI data center boom that we’re seeing and the constraints that we are reading about on the US grid or even on ERCOT, that’s gonna be bullish for oil and gas. We need all the energy sources that we can get our hands on and thankfully we can do that peacefully and rightfully here in Texas. “
George P. Bush, Managing Partner, Pine Cove Strategies
On this episode of The Crude Truth, we sit down with George P. Bush, Managing Partner of Pine Cove Strategies, to break down:
The geopolitical impact of U.S. action in Venezuela
Iran, global LNG demand, and shifting energy alliances
Why oil markets haven’t reacted the way many expected
The AI data center boom and what it means for Texas energy
The 2026 Texas U.S. Senate race featuring John Cornyn, Ken Paxton, Wesley Hunt, and Democrat Jasmine Crockett
What’s at stake nationally if Republicans lose ground in Texas
From LNG exports along the Gulf Coast to border security, midterm strategy, and the future of American energy dominance, this is a candid and wide-ranging conversation about where 2026 is headed — and why Texas remains at the center of it all.
If America is going to remain energy independent, it has to know the crude truth.
Key Quotes:
“ We are only one month into 2026 and the price of oil has already climbed almost $10. We’ve seen the communist regime be toppled in South America. And once again, the Middle East is under turmoil and America is about to take on Greenland as its newest territory. “
Rey Trevino, Crude Truth Podcast Host
“ So Venezuela has over 300 billion barrels underground. That’s over 20 percent of the world’s reserves. “
George P. Bush, Managing Partner, Pine Cove Strategies
“ The president has been very forceful on Twitter by saying that he, or on Truth, whichever is his preferred channel, that he’s going to support the Iranian people, and that there will be retribution against the regime if there’s continued violence. “
George P. Bush, Managing Partner, Pine Cove Strategies
“ Again, we don’t have intelligence on the ground, but there are some estimates of upwards of 20,000 peace-loving Iranians that have been killed as part of this protest. And that’s not getting the coverage. “
George P. Bush, Managing Partner, Pine Cove Strategies
We are praying for peace and hope that there is a peaceful regime change for the Iranian people. How this plays out in the next few days will impact the oil markets.
With 20% of the world’s oil supply and 10% of LNG and other petroleum products passing through the Strait of Hormuz, this is about to get interesting.
Thank you, George, for stopping by the Crude Truth Podcast.
Follow Rey on his LinkedIn: https://www.linkedin.com/in/reytrevinoiii/
Check out the Crude Truth website: https://thecrudetruth.com/
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