hardware and systems the saudis use. >> correct. and he has insisted that we've sold them or they've agreed to purchase $110 billion worth of arms from the u.s. they've purchased 14.5 billion. so that's factually incorrect. he has suggested that they've been creating jobs in the united states. we have much bigger trading partners than saudi arabia. they're very much a blip on the radar screen. it's true that they buy u.s. treasury bonds. they recycle their oil profits back into u.s. bonds on occasion. or u.s. real estate. but you know, canada, mexico, china, europe, japan all much, much bigger players. much bigger impact on the u.s. economy were we to have similar troubles with those nations. >> what you and i will pay at the pump for gasoline, by how much did the saudis dictate that price? >> almost zero. if you look at what's happening in the united states, brian, the fracking revolution for which the president takes credit, has been going on since 2008. at one juncture in february of 2016 oil was as low as $26.05 a barrel. that was low enough to get frackers to stop because it was unprofitable to drill for oil in the united states at that point.
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