summarize 0:00 white house making a big push this week 0:01 to lower gasoline prices with a national 0:03 gas tax holiday proposal and asking oil 0:06 companies to ramp up supply but my next 0:08 guest says supply will be outstripped no 0:10 matter what and any government 0:12 interventions could increase demand make 0:14 things worse joining me now is stan 0:15 major he's portfolio manager of the 0:17 hotchkiss and wiley mid cap value 0:19 portfolio stan welcome and i'm 0:21 especially glad that you're on today 0:23 because sentiment and energy has gotten 0:25 really bad over the past literally like 0:26 10 days so 0:28 why should investors not jump ship here Why should investors not jump ship 0:30 if they haven't already 0:32 sure it's great to be here kelly when 0:34 you think about the energy situation uh 0:37 there really is no long-term solution uh 0:40 that's been proposed so i i thought it 0:42 was interesting the other day 0:44 mike wirth the ceo of uh chevron wrote a 0:46 letter to the biden administration i'm 0:49 sure it was heavily lawyered a lot of 0:50 people looked at it um