The Ceasefire That Wasn’t
5/6/20261 hr 4 min
This week on American Power, host Nat Towsen is joined by military strategist Chad Scott and energy expert Matt Randolph (Mr. Global) to break down the growing chaos in and around the Strait of Hormuz.
Chad explains why America may already be operating outside the limits of the War Powers Act, how the blockade itself qualifies as an act of war, and why Iran’s strategy is to defeat the U.S.by exhausting it economically and politically.
Matt walks through what could become the next major shock to Americans at home: collapsing gasoline and diesel inventories, record exports, and a supply crunch that could send gas prices soaring even if oil prices stabilize.
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Transcript preview
First 90 secondsNat Towson· Host0:00
[upbeat music] You're listening to American Power from Find Out Media. I'm your host, Nat Towson, stand-up comedian, speech writer, comedy writer, other kinds of writer, and most famously, podcast host. We are recording this at 6:00 PM on Monday, May 4th, 2026. I'm here with my panel of experts. Up first, our expert on military and policy, Chad Scott. Chad, how you doing?
Chad Scott· Panelist0:33
I'm doing well. Glad to be here. Hope everyone, uh, is having a great week.
Nat Towson· Host0:38
And of course, also joining us, as always, is our expert on energy, Mr. Global himself, Matt Randolph. Matt, how you doing?
Matt Randolph· Panelist0:45
Living the dream, Nat. Living the dream.
Nat Towson· Host0:48
You really are.
Matt Randolph· Panelist0:49
I am.
Nat Towson· Host0:50
I want to focus [laughs] on some evergreen topics, some long-term strategy that we can discuss at great length, but unfortunately, news keeps happening. So I was hoping we could start th- today's episode by talking a little bit about what has happened in the world of oil and the situation in Iran. Chad, would you kick us off?
Chad Scott· Panelist1:11
Yeah, so it seems the ceasefire is effectively over, despite the fact that it's technically still in place on paper. I mean, Iran and the United States are shooting at each other. Um, if you take a, a look at Trump's announcement of these escort missions through the Strait of Hormuz, that's