He also said in that speech/interview:
"Actually, I said in my opening statement that the best way to affect the current price of gasoline is to encourage producing nations to put more crude oil on the market.
That's the most effective way, because the price of crude oil determines in large measure the price of gasoline. The feed stock for gasoline is crude oil, and when crude oil goes up, the price of gasoline goes up.
There are other factors, by the way, that cause the price of gasoline to go up, but the main factor is the price of crude oil. And if we can get nations that have got some excess capacity to put crude on the market, the increased supply, hopefully, will meet increased demand and therefore take the pressure off price."
So is he saying that Iran has "all the oil" , and that they should put more on the market to lower the price for American Consumers? Or just Iraq? And Venzuela?
"See, what they recognize is that what America recognizes and what Great Britain, France and Germany recognize, is that we can't trust the Iranians when it comes to enriching uranium; that they should not be allowed to enrich uranium.
And what the Iranians have said is, "Don't we deserve to have a nuclear power industry just like you do?"
I'm, kind of, wondering why they need one, since they've got all the oil. But nevertheless, others in the world say, "Well, maybe that's their right to have their own civilian nuclear power industry."
And what Russia said: "Fine, we'll provide you the uranium. We'll enrich it for you and provide it to you and then we'll collect it."
And I appreciate that gesture. So I think Vladimir was trying to help there. I know Vladimir Putin understands the dangers of an Iran with a nuclear weapon. And most of the world understands that as well."