THE CRUDE TRUTH Ep. 95 Sarah Zubiate Bennett and Kristy Kerns

by Rey Trevino  - August 9, 2024

Please reach out to Sarah Zubiate Bennett on LinkedIn

Sarah Zubiate Bennett (@Sarah_Z_Bennett) / X

Please reach out to Kristy Kerns onĀ LinkedIn

Stream episode The Morningline: Kristy Kerns 08/23/2023 by WLNI podcast | Listen online for free on SoundCloud

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THE CRUDE TRUTH Ep. 95 Sarah Zubiate Bennett and Kristy Kerns

Video Transcription edited for grammar. We disavow any errors unless they make us look better or smarter.

THE CRUDE TRUTH Ep. 95 Sarah Zubiate Bennett and Kristy Kerns

Video Transcription edited for grammar. We disavow any errors unless they make us look better or smarter.

Rey TreviƱoĀ [00:00:00] Navigating business challenges, reinvention, and refocus. We talked to an expert on this episode of The Crude Truth.

NarratorĀ [00:00:07] In 1901 at Spindletop Hill near Beaumont, the future of Texas changed dramatically as, like a fountain of fortune, thousands of barrels of oil burst from the earth towards the sky. Soon, Detroit would be cranking out Model TS by the millions, and America was on the move thanks to the black gold being produced in Texas. Now, more than a century later, the vehicles are different, but nothing else has truly changed. Sure, there may be many other alternative energy sources like wind and solar and electric, but letā€™s be honest, America depends on oil and entrepreneurs. And if the USA is truly going to be independent, it has to know the crude truth.

NarratorĀ [00:00:50] This episode is brought to you by LFS chemistry. We are committed to being good stewards of the environment. We are providing the tools so you can be too. Nape Expo where deals happen. Air compressor solutions when everything is on the line, Air Compressor Solutions is the dependable choice to keep commercial business powered up. Sandstone Group. Exec Crue, Elevate your network. Elevate your knowledge Texas Star Alliance. Pecos Country Operating. Fueling our future.

Rey TreviƱoĀ [00:01:25] Hello again and thank you, as always, for tuning in for another episode of The Crude Truth. Weā€™re shooting again today from our Dallas studio, so thank you very much to the Real News Communications Network for always hosting our great shows here. I am just so excited. As always, is with me, my co-host. Kristy. How are you doing?

Kristy KernsĀ [00:01:43] Amazing as always.

Rey TreviƱoĀ [00:01:44] I know. Right? You

Kristy KernsĀ [00:01:45] Ā maybe.

Rey TreviƱoĀ [00:01:51] But thatā€™s the way we got to be. You have to.

Kristy KernsĀ [00:01:55] Yeah.

Rey TreviƱoĀ [00:01:55] That is so true. And and speaking of amazing, though, also, not only are you amazing, but our guest today is somebody that has been just not only creating a name for themselves, but bringing Dallas in my, in my opinion, back to a positive place. Me being from Fort Worth, right. You know that always fun that you have. We talk about it on the go. Yeah.

Sarah Zubiate BennettĀ [00:02:19] But you know, doing it right. You all are. Doing it right. Itā€™s amazing.

Rey TreviƱoĀ [00:02:21] We love it. Yeah, but today, Sarah Zubiate, theyā€™ve been at this here. How are you?

Sarah Zubiate BennettĀ [00:02:26] Iā€™m doing fabulously well. Iā€™m one. Iā€™m just so happy to be here. Thanks.

Kristy KernsĀ [00:02:29] Ā Iā€™m happy to have you. Yeah.

Rey TreviƱoĀ [00:02:33] Well, thank you so much for coming on. You know, we were kind of talking a pre-production meeting, and it was like, man, you and I have known each other for about a year off and on passing the halls, because you got an awesome show that we want to talk about. But itā€™s more than just a show. But, you know, you are a business leader. You are a mother. Leader, I think. Would that be right? Where to put it, Kristy? I mean. You know,

Sarah Zubiate BennettĀ [00:02:56] another leader.

Rey TreviƱoĀ [00:02:57] Yeah. And, I, I donā€™t I donā€™t know how to say, but, you know, you you just do so many things that are impactful because you, like Kristy, you know, you set an example and other people go and following what youā€™re doing. And so youā€™re a leader. Youā€™re a leader in this community. And so itā€™s just so great to have you on Sarah. How are you doing?

Sarah Zubiate BennettĀ [00:03:20] Yeah I asked. thats a fabolous see well, but, you know. A different answer. Iā€™m grateful and Iā€™m happy to be here. Happy to be healthy and alive right now. And. Yeah, Iā€™m just really, really looking forward to this show today.

Rey TreviƱoĀ [00:03:36] Well, I tell you, you have been on the go as we wrap up this summer, and, you have just been super busy, right? And, you know, I kind of want to just start with, the Dallas, express News. Oh, that you do? Yeah. And, because that is just huge. You know, we were talking about that also, and I remember just all the newspaper clippings and that for our listeners out there that donā€™t know, the Dallas Express newspaper used to be the main newspaper in Dallas. The Dallas Morning News used to be pretty small. And, maybe in that way again. Yeah.

Sarah Zubiate BennettĀ [00:04:10] It looks like it.

Rey TreviƱoĀ [00:04:11] Yeah.

Sarah Zubiate BennettĀ [00:04:12] It looks like it. We do have more subscribers at this point. And like I was mentioning to you before, I do believe it has a lot to do with the fact that we are free. Thereā€™s no paywall. Weā€™ve actually amended a lot of how weā€™re providing services from whenever my husband and I first founded it. And yes, so we are growing.

Rey TreviƱoĀ [00:04:31] Okay. But in well, you know, as weā€™re growing right now and I think you picked such a, in my opinion, a great time to start that because Iā€™ve been doing that now for, what, a year or two.

Sarah Zubiate BennettĀ [00:04:41] No, no no, itā€™s itā€™s been longer than that. So we started it. We actually launched it on my birthday, during right after Covid. Okay. And so itā€™s been about three years now, okay. A little over three years. And it was born out of the fact that my husband was particularly. You know, showcased in a lot of the, the different outlets, our competitors in town, but across Chicago Tribune, Wall Street Journal, New York Times, LA, you know, even El Paso. He was on the front news of my hometown, El Paso. Because of the PPP, yeah. Program during Covid.

Rey TreviƱoĀ [00:05:21] Yeah.

Sarah Zubiate BennettĀ [00:05:23] And they had a way of just distorting the truth. And Mark Twain. Right. Everyone knows Mark, but he said something to the effect of, you know, those people who do not read the paper, the newspaper. Back then, it was just a newspaper. Are uninformed. Those who read the newspaper are misinformed. But that humor is the unfortunate truth. On an entirely different scale today. And so we certainly identified the need for it. And itā€™s now transformed into something quite large. And Iā€™m grateful.

Rey TreviƱoĀ [00:05:57] Yeah, itā€™s I mean, itā€™s very big. And you also have a show.

Sarah Zubiate BennettĀ [00:06:00] Yeah. Yeah, I do, I do.

Rey TreviƱoĀ [00:06:01] And so, you know, can we talk about that because you go places too, right?

Sarah Zubiate BennettĀ [00:06:07] I do, yeah, yeah. For the fun segment.

Rey TreviƱoĀ [00:06:09] Yeah,.

Sarah Zubiate BennettĀ [00:06:09] I kind of.

Rey TreviƱoĀ [00:06:11] Yeah. Yeah. No, thatā€™s. Yeah, thatā€™s It is

Sarah Zubiate BennettĀ [00:06:13] Some segment.

Kristy KernsĀ [00:06:13] Fun

Sarah Zubiate BennettĀ [00:06:16] Yes. And because the, the, the first primary interview on the Dallas Express video podcast, it is. Intended to speak primarily about issues facing our community, but the primary ones that are nonpolitical oftentimes are non non biased, I should say. So thatā€™s why I always say that it is a balanced show, and I very much try to bring that forward, because in our municipalities we should be concerning ourselves with issues that are not primarily Partizan. Yeah, right. Because itā€™s everyone wants low crime, everyone wants good schools, right? Everyone wants homelessness to be reduced. Everyone wants our business community to thrive, to have low red tape, very low barriers to entry whenever it comes to productive business in our community. So itā€™s that that I primarily tend to focus on. Iā€™ve recently started featuring different people who bring a number of skill sets, but then I let them know, listen, youā€™re a community leader, youā€™re a business leader. So pivoting over to the community aspect, Iā€™m very much interested in what your insight is pertaining to this, this, this. And I asked them beforehand, what are you particularly passionate about? And then the fun segment, the second segment, I always try to showcase a local business that I think is doing things right, right. Just something unique and fun to kind of jazz up. Something thatā€™s. A little bit heavier on the first side, but itā€™s itā€™s something to me that has always been very interesting and very sexy. The first kind of meteor, interview. But unfortunately, people are just very busy in their lives. As you know, people just have a million things to keep them distracted. We all do. Every single one of us are guilty of it. But Iā€™m very much interested in helping people to play and become interested in playing a pivotal role in their local community because, as you know, economically, thereā€™s thereā€™s a lot facing our country. Yes, at this point.

Rey TreviƱoĀ [00:08:27] You know, a lot. Well.

Kristy KernsĀ [00:08:30] How do you feel that it helps with like getting, you know, everybody talked about helping or whatever. Do you actually feel that the community is coming together with this and that you are helping with the homelessness? Very much. Okay. Any like, charities or foundations that you work with when it comes to the.

Sarah Zubiate BennettĀ [00:08:47] Yes, several. And so the whole philanthropic space is primarily what Iā€™m doing at this point. So I sit on the board for Dallas Express. I co-founded it with my husband. And so Iā€™m intimately involved with the operations there. Singers. Iā€™m right, the host of of the show. But aside from that, yes, the CNO, CEO and myself, Chris is named Chris Putnam. Heā€™s fabulous. We talk a lot. Okay. And so Iā€™m intimately involved there at the Dallas Express, and it is a nonprofit, so not sure if youā€™re aware of that.

Rey TreviƱoĀ [00:09:21] Oh.

Sarah Zubiate BennettĀ [00:09:21] Yeah. That. Yeah, absolutely. Itā€™s a nonprofit and I can speak about that later if youā€™re interested. Then I sit on the board of the Metropolitan Civic and Business Association, which helps to involve local businesses in their community. So the business community has been somewhat absent in, in our local community. But these other great once great communities as well, whenever the business community steps out, you oftentimes see a downtrend of success. I mean, youā€™re looking at great cities like Manhattan, Chicago, LA, San Francisco. Their policies has taken them in a very, very into a bad space.

Kristy KernsĀ [00:10:05] Dark space.

Sarah Zubiate BennettĀ [00:10:06] Yeah, very bad space and nonproductive. I mean, youā€™re looking at the Texas economy alone, right? Itā€™s at what, $2.4 trillion economy, the United States economy is, what, 28.4 trillion, except the United States debt. Itā€™s, what, 30, 34 trillion or something? I forget the congressional notes that just came out after the Federal Open Market Committee. Iā€™m not sure if you all read those. But anyways, back to local. Texas has a vibrant, thriving economy. And so in Dallas, weā€™re looking at so much opportunity. We are garnering so much movement from these other cities that have unfortunately performed abysmally. So locally. Yes. Metropolitan Civic Mikva, the Metropolitan Civic and Business Association helps to involve local businesses. So they join Mikva. And then for a nominal fee, there is, a board of persons, not myself. Even though I sit on the board, theyā€™re totally unrelated to NCBa. They provide recommendations for these businesses, employees to vote in local elections, which is so critical to ensuring that these businesses are driving that involvement from their employee base, because without the employees being involved in what is best for business, theyā€™re going to be checked out. But because thatā€™s who writes their paycheck, then theyā€™re inherently interested in inherently involved. So we are yeah. So now we have thousands of of people who are voting in local elections who were once not involved. And itā€™s grown incredibly. And then I sit on the board of the Dallas Education Collective, which has to do with improving our local school options. And then, really Vis-a-vis my husband, heā€™s someone thatā€™s intimately involved with starting something thatā€™s comparable to Haven for Hope in San Antonio, which helped to drastically reduce homelessness there. And itā€™s going to be called here refuge for renewal, I love that. Yes. And so these are not partizan topics. These are topics that every single person, regardless of their predisposition politically, can rally around, can rally around to make Dallas accessible.

Rey TreviƱoĀ [00:12:33] Yes.

Sarah Zubiate BennettĀ [00:12:34] Because weā€™re not at the I mean, youā€™re better than our competition, but weā€™re we could do much better for sure.

Kristy KernsĀ [00:12:40] Thereā€™s always room for improvement. But, such.

Rey TreviƱoĀ [00:12:42] As she looked like she looks over here. No room for.

Kristy KernsĀ [00:12:46] Yes. Yes.

Rey TreviƱoĀ [00:12:48] But I want to say I want to focus on Dallas for a few more minutes here because, you know, you highlighted San Francisco, Los Angeles, Chicago. A lot of people, when they think Dallas, they think red, they think, the Republican. But Dallas is not.

Sarah Zubiate BennettĀ [00:13:04] That was blue.

Rey TreviƱoĀ [00:13:05] Dallas was blue. Thatā€™s right. And, you know, thatā€™s why I think part of the reason why what sets Dallas on full width apart. But all these people are coming to Dallas from California from. Right. And, you know, I just read a brief article today from, David Blackmon, whoā€™s in the only gas industry that Chevron just announced. Theyā€™re moving their headquarters from California to Texas.

Sarah Zubiate BennettĀ [00:13:28] Thatā€™s right.

Rey TreviƱoĀ [00:13:28] Huge.

Sarah Zubiate BennettĀ [00:13:29] Thatā€™s right.

Rey TreviƱoĀ [00:13:29] Okay. Now, if he comes here to Dallas, thatā€™s why, you know, thatā€™s why Iā€™m excited that youā€™re here in Dallas, because thatā€™s going to drive more people to come here, but not change the the way that they think. And, you know, when you look at the homelessness in Dallas versus Fort Worth, itā€™s a lot, lot worse. You donā€™t walk around downtown Dallas at night.

Sarah Zubiate BennettĀ [00:13:48] Thatā€™s right.

Rey TreviƱoĀ [00:13:49] You know, I mean, granted, you know, you never want a lady to walk any downtown by herself. But I do think in Fort Worth. Hey, you know what? You can walk down the street, but Dallas. Very close. Yes. So, you know, what are you guys doing here? Also, you know, to, to continue to motivate these businesses to, to come to Dallas and maybe say, hey, by the way, the policies that yā€™all were using arenā€™t going to work. You know, thereā€™s something there.

Sarah Zubiate BennettĀ [00:14:12] Of course. Of course. So by way of being involved with initiatives like hero, the Hero Organization, they are proposing several different charter amendments for this upcoming election, which absolutely prioritizes crime. And by prioritizing a higher count at the police department, just 4000 police officers that will make measurable improvements. Yes. Within Dallas proper. But then also, you see people migrating out of Dallas a lot. I mean, thatā€™s the trend. People are coming to Texas. Theyā€™re not coming to Dallas proper. I mean, itā€™s unless you are living in a in one of the communities that has a local police patrol and or in Highland Park, which is within Dallas itself, but has a totally different police force. And itā€™s itā€™s a very. Sad time at this point. However, other things that Iā€™m doing and my husband is doing as well. I am very much giving a voice to people who are helping to spearhead initiatives at City Council. So by way of these charter amendments, yes. But then thereā€™s also also additional methods like holding our elected city leaders accountable. Unfortunately, thereā€™s not a lot of that. Iā€™m hammering home fiscal transparency. That is an absolute must. As an example, our budget is totally and irresponsibly handled at the city level. I mean, we spend millions upon millions upon millions on Dart from our own taxpayer money, yet itā€™s utilization is in the single percents. I mean, people donā€™t use it. So there has to be changes to where weā€™re spending our funds. And so Iā€™m constantly interviewing people who speak to those types of policies that will actually help them be held accountable. They have to enroll with these certain organizations that promote fiscal transparency.

Rey TreviƱoĀ [00:16:28] You know, I want to keep it with the community. And, you know, you are always doing things. And so within the community you are, you know, youā€™re a mom first. And. Yes. And, and, so itā€™s like, how do you find time to do all these things? Because, I mean, youā€™ve had also make some, some tough decisions because, you know, so a business is like, you know, opening your company, closing a company, and then looking at the economy at the same time. How do you juggle all that?

Sarah Zubiate BennettĀ [00:16:59] You know, my brain moves fast, sometimes too fast. And so I know really.

Kristy KernsĀ [00:17:04] I get it.

Sarah Zubiate BennettĀ [00:17:05] Iā€™ve been diagnosed with insomnia, but itā€™s itā€™s getting better. Okay. Kind of taking it back to, letā€™s say, at the end of 2022. So I went I, Iā€™m, Iā€™m very transparent about this. I went to treatment for 40 days for workaholism and trauma, a week after my father passed. But I have, since that point in time, had to make drastic improvements. I mean, my husband, he was like, youā€™re youā€™re going to die. Youā€™re going to kill yourself. And so, I mean, I laugh about it, but itā€™s people donā€™t talk about that. Right? Thereā€™s just this unfortunate pressure, I think, on most people. But I have to say this, particularly women, to say you can be an all star mom, you can be an all star CEO. You can, you can that that there are ways to do it. The path something but something will always give that you cannot be. You cannot get an A in parenting, an A at work, an A, and you know your faith with God, your marriage. You cannot get an A in all of those spaces if youā€™re able to just choose two spaces, but you want to get an A, I think thatā€™s the best way to go about it. But looking at kind of to your question, how do I look at the economy and then also make decisions like I had to with doobies? So thatā€™s very interesting. That you ask that itā€™s itā€™s kind of a hobby of mine. Iā€™m my background is in finance. Iā€™ve worked in many investment advisory capacities. I was once a fixed income trader, over at fidelity. And so itā€™s my passion. Surrounding the market is something that has never left me. Just yesterday I was there getting my hair done at seven, and I was rebalancing my portfolio, because I was like, everythingā€™s changing. So as an example today, things that I was considering in my portfolio, right, looking at the high inflationary standpoint and I promise Iā€™m going to tie this all to zero and how I decided to do it.

Rey TreviƱoĀ [00:19:09] Because we may dive into more of this.

Sarah Zubiate BennettĀ [00:19:11] Yeah. Yeah. So I was looking at particular figures that were standing out to me and something that came up during the, well, the presidential nominee debate, the old one, whenever Trump had had mentioned that word, our fallacious and the highest inflationary standpoint ever historically. And I was like, well, you know, yes, in the 1920s, there was Germany that nearly toppled. And then, you know, looking at least locally within the United States, thereā€™s the 90s, thereā€™s different times in which I believe it was higher. And I know that CPI, the consumer price index, has made many different changes to how they. Calculate inflation. But I actually went and did it myself and subsequently at the exact same time, monies team was doing this as well because I made that remark and I told my kids, I paused it and I said, itā€™s very important that you pay attention to history, because I donā€™t believe that this is the highest inflationary point in history. I think Trump is wrong. And Monty said, have you really delved into the specifics as to how it was changed in his calculation? And I said, well, I know that theyā€™ve changed it, but Iā€™m not entirely sure. So I, I kind of in my free time, as I was reading, I went back and I looked at how they used to calculate the they used to use a more arithmetic average. Now itā€™s, itā€™s entirely different the way theyā€™re calculating it. Thereā€™s subtraction methods that they used to use and in subtracting out. Now weā€™re subtracting out different replacements for household goods. So I went back and calculated it. And the highest inflationary point was July or June I believe, of 2022 at 9.1%, holding everything accountable to how they used to do it. Itā€™s now held constant today. Itā€™s not what theyā€™re claiming it is. Itā€™s about 20 to 21%. And Monteā€™s team. We had this conversation at dinner last night on August 1st. Heā€™s like they said 2,020% for, you know, adjusted to an 8% inflationary rates. And I was like, well, I use 9.1% from 2022. And now Iā€™m looking at about 21%. So weā€™re weā€™re neck and neck. So thereā€™s extreme household pressure. That was not that. Everything is not held constant. So whenever youā€™re hearing the Federal Open Market Committee, whenever, you know, Jerome Powell stands up there and says, oh, our our focus is not inflation. Itā€™s actually unemployment rate at 4.1%. That is that is not accurate. People are not aware of how misleading everything is. So with Zubiā€™s. Yeah.

Rey TreviƱoĀ [00:22:05] Well if I can yeah. I just find it so interesting that you, you mentioned the numbers and how itā€™s 22 if you go back and like you use the old numbers and you put it in the day, the old calculation side of the old calculations were at 22, not nine, because, you know, being in the only gas industry, weā€™ve been also looking back at the 80s track, and my dad lived through it did real well, all that good stuff, but it wasnā€™t easy. And you look back in 1980 and the average household income, they said, was $22,000, the average house was 45. And Iā€™m but around that number. And today I think the average income is now 65, 66,000. But yet the average house price is 450 500,000. Right. And now I again, Iā€™m not being exact on those numbers, but. 9% makes no sense. 22% makes so much more sense, because we do also know that the value of the dollar is less than $0.25 than what it was in 1980. Thatā€™s right. So I cannot thank you enough for for this info. If youā€™ve got any place that we can, share that Iā€™d love to. Yeah. And, because thatā€™s thatā€™s so important. So Zubi was. And you started off or go back to it as a hobby, which I say.

Kristy KernsĀ [00:23:27] Iā€™m sure.

Rey TreviƱoĀ [00:23:29] But letā€™s talk about it. So getting back to that Zubi.

Sarah Zubiate BennettĀ [00:23:33] Zubi so I started it whenever the kids were just born and Iā€™d left finance. I worked up to the day that I gave birth to the twins. So this was in 2013, and it was before that that I had started dabbling in Zubiā€™s, because Iā€™d always made this family recipe myself. So at that point in 2000, I oh my gosh, my husband likes the profits. So I made this recipe and then I started selling it at the farmerā€™s market whenever the twins were born. And I wanted something else to do. And because Iā€™ve always just again, I was Iā€™m built this way. I have to actively fight against doing too much. Itā€™s just my DNA. My motherā€™s like this. My brotherā€™s like this. Itā€™s just a itā€™s genetic. So, with bees, I grew it, you know, we were in Costco. Whole foods, sprouts. I mean, just wonderful stores. But whenever Covid hit, what people are not aware of. And this is, again, where my passion for economics has really played a very, very valuable role, I believe, very profitable, making a great margin on each jar, moving into moving into Covid. People are not aware of the fact that even organic garlic is primarily supplied from China. The cost of that particular raw material went up. Six to some weeks 13 times the amount, and garlic is in all of my products. So yeah, during that time I started losing money on every jar. I never saw that normalized. It still has not normalized since Covid. People are seeing a 20% decrease in their purchasing power on their dollar alone. And I started Zubiā€™s with a commitment to a particular philosophy. I wanted it to be products that were healthier than what all of my. What what my family made. So there were Latin products, plant based products. Because I do believe that introducing more vegetables into a particular diet is very important. Iā€™m not plant based, but I always try and eat a lot of vegetables. And so with that I started this company. But I could not adhere to my mission. I because of these ingredients, the cost of the ingredients rising, I reached that tipping point in which I had to add preservatives to my products. So at that point I said, am I going to adhere to what I started this company to be something different, something that had no preservatives, that had good ingredients, organic ingredients that would help reduce inflammation in the body? Or am I going to sell out and add preservatives? Preservatives? Like all of my competition, I decided to shut it. And so at that point I had an interest in the recipes. Right. The proprietary, the proprietary rights to it. And so because I did not want to sell Zippyā€™s itself and so entertained all that, wound up closing it out, making my investors whole and Monty for the longest time. But that came right along the time that I went for treatment, for workaholism, and for all of my trauma after my father passed.

Rey TreviƱoĀ [00:26:47] How God just.

Sarah Zubiate BennettĀ [00:26:48] Yes,

Sarah Zubiate BennettĀ [00:26:51] Truly divine. Time there

Kristy KernsĀ [00:26:53] divine.

Sarah Zubiate BennettĀ [00:26:53] Yeah. And so Monty was like, come on, Sarah, youā€™re already on the board for of Dallas Express. Youā€™re so passionate about it. Economics is your forte. Fund raising, raising funds. So at that point, that philanthropic space really trended upwards. And because I understood at least where we were headed, economically. And then just even looking at oil and gas, right. Someone with a finance background, Iā€™m able to say, okay. What is his name? Hania, right. Hania. The leader of Hamas who just killed. Yes, right on Iranian soil. Yes. Immediately. Iā€™m like, okay, so this happened right around the time because, you know, the fed rate was held constant development went to 5%, 5.5%. But then there were there was kind of some lean into then potentially cutting the rates in mid September. But whatever this whole death on Iranian soil happened immediately. I was like, well, gold is going to continue to go up. And again, in my own opinion, I thought gold is going to continue to go up. We are probably going to look at extreme market instability, because whenever the Red sea, war took place, no, it took place at the end of last year and at the start of this year, we saw about 20% increase in oil. Yes. Price of oil. Right. So okay. Are we going to are there are we going to be looking at a interest rate cut in September. We donā€™t know because if Iran. Really does start to trend upward, because Hamas has announced, right, that the military arm of Hamas has announced that that that was an egregious act of war. And so they are going to continue to escalate. Weā€™re going to be looking at inflated oil prices because war is inflationary. I mean, trending I mean, war is inherently inflationary. So weā€™re looking at just a lot. So back then with zombies, I was able to say, okay, hereā€™s we are where we are economically. If now Iā€™m having to abandon my mission and sole purpose for starting this, but also looking at it from a grand, grander economic space. What is the probability of my of my product flying off the shelf with this increase in pricing, when my products were already a premium price because they were organic? I knew that immediately. At that point, my products would not be able to move if I had to adjust the pricing upwards. Like I told you, the purchasing power of everyoneā€™s money since Covid is about 20% less. So knowing all of that, I thought. The time is now. The time is now to begin those conversations of selling my intellectual property, of the recipes itself, and to move on to the next thing. And so now. Here I am with all of that.

Kristy KernsĀ [00:29:49] Yeah. Yeah.

Sarah Zubiate BennettĀ [00:29:52] And it came full circle. And now itā€™s holding elected leaders and business leaders accountable to not let Dallas fall into the abyss.

Kristy KernsĀ [00:30:04] Like, right now Iā€™m just taking it all in. Yeah. I mean, the whole transition from selling your passion to now, I mean, obviously youā€™re even more passionate about this. Yes. Itā€™s very interesting how you trust the process. And Iā€™m just Iā€™m taking it in for my personal aspect as well. Like, you know, you want to hold on. My, my, my moment the other day was like, you want to hold on to something so tight that you strangle and you suffocate it. And once you let go, itā€™s like the floodgates open up and like, God, just. I mean, itā€™s been for me and my own personal experience. I let go something and I, I happened on like cloud nine since Iā€™ve let go and it is just flow in and Iā€™m like, thank you every single second, not even every day, every second. And so that was just powerful for me. And I appreciate you saying that because I was like tapped into my heart very, very much so

Sarah Zubiate BennettĀ [00:30:56] Of Course Yeah. It had me on the floor bawling my eyes out. Itā€™s not happening because it was truly transitioning from something that was pulling me away from my husband and my kids all the time. And then to your point, how do I do it all? One of the most painful things I had to go through was my divorce. So Bonnie and I are both remarried and. But because I share my kids with my ex-husband, Louis, who I know youā€™re going to be interviewing, weā€™re all weā€™re we have a great relationship, which Iā€™m very grateful for. But the times whenever the kiddos arenā€™t with me are when I can really throw myself into having all of my passions, my interests. And then, of course, my husband and I challenge each other constantly. Because weā€™re both people who enjoy reading extensively and economics and fiscal policy and all the things political.

Rey TreviƱoĀ [00:31:56] Let me ask you this. How do yā€™all. Because yā€™all are I would say, what do you think of power.

Kristy KernsĀ [00:32:01] Power,.

Rey TreviƱoĀ [00:32:02] Power.

Sarah Zubiate BennettĀ [00:32:02] Oh.

Rey TreviƱoĀ [00:32:03] So how do you youā€™ll try to like, you know, give me an example of this power, challenging.

Kristy KernsĀ [00:32:08] The dynamic of you.

Sarah Zubiate BennettĀ [00:32:11] Do you really want to go in it?

Rey TreviƱoĀ [00:32:12] No, no no, this is the Crude Truth.

Sarah Zubiate BennettĀ [00:32:19] Ā like we are going win.

Rey TreviƱoĀ [00:32:21] Wait, maybe I do get a good read.

Sarah Zubiate BennettĀ [00:32:23] No no, no, I mean.

Rey TreviƱoĀ [00:32:25] You were talking about books. And so I was like, here we go. Challenge each other. Thatā€™s that.

Sarah Zubiate BennettĀ [00:32:29] Yeah.

Rey TreviƱoĀ [00:32:30] Keep it highly.

Sarah Zubiate BennettĀ [00:32:31] So. Sure. Okay. Youā€™re I, Iā€™m. Iā€™m not someone Iā€™m. An open book. Iā€™m very easy. And you know, money and I both say how we are the most. Difficult person that the other has been with ever. And but I think itā€™s a good thing because we have now evolved to this space, in our relationship where at first it was tough because we had two extremely opinionated, stubborn persons of, you know, in this marriage. And now because weā€™ve both. Really. Shifted to placing God first in our lives after that. Whole. Crash, interpersonally, for myself and even for money at the end of 2022, it was an entire pivot and how we approach life together. And it was, okay, thatā€™s this is a wake up call. And so now, by placing God first in our marriage, truly in our lives, praying every day, it is something that has just tempered a lot of the old wounds, has healed a lot of our old wounds, thank God, and has allowed us to just have a much more calm relationship. But on the intellectual front, he and I are aligned a lot, a lot deal work together. Thatā€™s right, thatā€™s right. We work together extensively. And thatā€™s what he was really excited about. Whenever I shut SUVā€™s, he was like, come on, come do. This with me. Do this with me. And it was the how? Yeah. How am I going to do this? How are we going to do this? Because itā€™s you have to really enjoy the person that youā€™re working with. And thank God we both really enjoy each other. But even, you know, even in small things, he doesnā€™t even know this about me. At least some of my investment philosophies, plus philosophies that I implemented yesterday. But I thought to myself, I will never right now, I will not hold U.S. Treasury bonds. I will not, because of the dollar eroding many things. I can go into that later. But Monty, I know is absolutely fine being long and being bullish on. T-bills and Treasury bonds, which I just am not. So we we have very healthy dialog to yeah, keep us excited, balanced, passionate all the things and we both have high mutual respect for the other.

Rey TreviƱoĀ [00:35:21] Wow.

Sarah Zubiate BennettĀ [00:35:22] Yeah.

Sarah Zubiate BennettĀ [00:35:24] Looking at her, Iā€™m like, I.

Rey TreviƱoĀ [00:35:26] See sheā€™s.

Kristy KernsĀ [00:35:27] Like somewhere else. Yeah, but yeah, the respect obviously God first. You know, respect is huge. I mean, you have a successful marriage. You work together on understanding that you both are both powerful. Heā€™s obviously the masculine, the leader. In a sense. You trusted him to lead you. Heā€™s leading you guys, and itā€™s just, like, prospering. Yes. Thatā€™s right. So very interesting. Thatā€™s right.

Rey TreviƱoĀ [00:35:47] Yeah. I cannot thank you enough. And I love how you literally lead with God. Is God first? Oh God, then God in your hands. Then we have to.

Kristy KernsĀ [00:35:56] We all know that.

Rey TreviƱoĀ [00:35:57] And thank you. Yeah. I mean Thatā€™s awesome. I mean, thank you. Yeah, yeah, thatā€™s what I was. Maybe that will not that. But yeah, I was not looking to go into another podcast. So

Kristy KernsĀ [00:36:09] I think weā€™re gonna have to now.

Rey TreviƱoĀ [00:36:11] But you know, I will say this, Iā€™m will, I would like to get you back on the dive into economics a little bit more because, you know, as as you as we all know, we got an election coming up. Yeah. And and weā€™re gearing up, you know, in the oil and gas industry, you know, with, with the, attack that, Israel did, what is going to happen? National oil has gone up, you know, 3 or $4 since yesterday. So we continue to watch it and, and, everything that is going on in the Red sea for the last year has been just very, very much, you know, on eggshells or pins and needles. Thatā€™s what I call it. So we continue to wait for the ball to drop. But Iā€™m just thankful that in the only gas industry, we only continue to produce so much oil to combat the high price of war, that we would normally see. Because when Russia invaded Ukraine, we should have seen a 5 or $10 increase. Thatā€™s right. And when the horrific attacks on Israel happened almost a year ago now, and we still havenā€™t got all those anyway, that, price should have gone up even again. But because weā€™re producing so much and weā€™re competing head to head with OPEC right now, thank God for the oil and gas industry to keep our economy. Thatā€™s where it is. And my.

Sarah Zubiate BennettĀ [00:37:24] Thatā€™s right.

Rey TreviƱoĀ [00:37:25] But I want to have you come back on to dive more into economics.

Sarah Zubiate BennettĀ [00:37:28] Oh Iā€™m happy to I can just go on for hours and days.

Kristy KernsĀ [00:37:34] Ā I love it.

Sarah Zubiate BennettĀ [00:37:35] I could go on for a long time. But sure, Iā€™m happy to.

Rey TreviƱoĀ [00:37:39] Yeah, but you know. But today, you know, as we wrap up our how can people get Ahold of you or your, nonprofit organizations? Where can they find you guys?

Sarah Zubiate BennettĀ [00:37:49] So. LinkedIn.

Rey TreviƱoĀ [00:37:53] Okay. Okay.

Sarah Zubiate BennettĀ [00:37:54] I know youā€™re. Thinking Iā€™m like my assistant, but but no, as far as far as organizations. Organizations and thought a lot.

Kristy KernsĀ [00:38:03] Weā€™ll take that on.Ā  I even heard

Sarah Zubiate BennettĀ [00:38:09] You know, here and seriously Sarah.No, Sheā€™s. Sheā€™s she runs a mile a minute like I do, which is Iā€™m so grateful for her. I couldnā€™t, I couldnā€™t do my. Thatā€™s a thatā€™s one thing I have to say. You cannot do a busy life unless you have. Excellent. An excellent team. And I have excellent teams.

Rey TreviƱoĀ [00:38:32] Yes

Sarah Zubiate BennettĀ [00:38:33] personally and yet all these organizations are truly terrific.

Rey TreviƱoĀ [00:38:41] Well itā€™s there I cannot thank you enough for for doing this and. Oh, yeah. Awesome. And, I, Iā€™m excited for everything going on with Dallas Express because yā€™all also, yā€™all give freedom on that show to talk, just like, you know, and thereā€™s becoming a few more platforms like that that are just allowing people to to talk. Yep. And not censoring people. And itā€™s not even the censor of saying the F word or that itā€™s like just, you know, we gotta stop just shutting people off.

Kristy KernsĀ [00:39:10] Freedom of speech. Thatā€™s what weā€™re thatā€™s is what we are known for. Donā€™t take that away thing. Yeah, but yeah,

Sarah Zubiate BennettĀ [00:39:18] but we. Just have to continue to fight. Against

Kristy KernsĀ [00:39:19] Ā fight, fight, fight.

Sarah Zubiate BennettĀ [00:39:20] Yeah. Exactly. Right.

Kristy KernsĀ [00:39:22] Exactly.

Sarah Zubiate BennettĀ [00:39:22] But thank you for having me here. Iā€™ve loved it.

Kristy KernsĀ [00:39:25] It was awesome.

Sarah Zubiate BennettĀ [00:39:26] Love to come back and delve into all, economics.

Rey TreviƱoĀ [00:39:29] Yeah,.

Sarah Zubiate BennettĀ [00:39:29] You tell me when.

Rey TreviƱoĀ [00:39:31] Weā€™ll have to get it going. The forecast for 2025.

Sarah Zubiate BennettĀ [00:39:33] Thank you

Rey TreviƱoĀ [00:39:35] Yes. Oh yes. And real quick thank you. So in a fun route real quick. Weā€™ve been trying to do this a little bit more often. I want to ask you to a couple of rapid fire questions okay. What book are you reading right now?

Sarah Zubiate BennettĀ [00:39:45] Iā€™m reading two and both are about kids scattered. But, I mean, yeah, smart but scattered, you know, just different things relating to kids and but all all relating to mental health, development of ADHD, brains, things of that sort. So.

Rey TreviƱoĀ [00:40:05] Wow,.

Kristy KernsĀ [00:40:06] I love that. Thatā€™s my passion.

Rey TreviƱoĀ [00:40:07] Yeah, yeah. And then, are you streaming any shows right now? Just out of curiosity.

Sarah Zubiate BennettĀ [00:40:13] I have money, you know? Heā€™ll just kind of sit there and pick up every so often. Iā€™ve gotten into very late that Bridgerton.

Kristy KernsĀ [00:40:21] Iā€™ve watched all that. Iā€™m obsessed. And okay, Iā€™ll rewatch it.

Sarah Zubiate BennettĀ [00:40:26] still cute. And, you know, body will just sit there and heā€™s like, Sarah, what are they doing at this part? This part. But itā€™s just because itā€™s.

Kristy KernsĀ [00:40:33] I donā€™t want to cry.

Sarah Zubiate BennettĀ [00:40:34] Itā€™s not. Yeah. Itā€™s not something that you would turn on. I donā€™t think itā€™s something we would turn on.

Kristy KernsĀ [00:40:39] I love to lived in that era.Ā  Yeah,.

Sarah Zubiate BennettĀ [00:40:44] I think so. Love and do is the characters I love it, I do really. Oh yeah. I think oh that. Yes or yes? Yes.

Kristy KernsĀ [00:40:55] Yes. Okay. Go ahead. Sorry.

Rey TreviƱoĀ [00:41:02] Do you have a favorite sports team.

Sarah Zubiate BennettĀ [00:41:04] Ā I got to go with the Cowboys. I am a die hard because my dad was a diehard Cowboys fan. I am just oh, in the Cowboys. My son would not agree with me on that. But I love the Cowboys and the Rangers.

Rey TreviƱoĀ [00:41:18] They can go. And the last one was one of your favorite restaurants in town

Sarah Zubiate BennettĀ [00:41:21] What my favorite restaurants in town. God, thereā€™s so many good ones, arenā€™t there? It. This is. This is a strange one. Itā€™s one thatā€™s going to be coming out this Sunday. But have you heard of the gem? The gem. Okay, I live off of the gem. Itā€™s like I said, watch the show this Sunday on the fun segment, okay? And yeah, itā€™s them because I love their commitment to healthier food options. And for someone like me whoā€™s constantly on the go, they use I always want to say favor. Is it favor? Itā€™s not. But anyways, I have just a million purchases online because they get it delivered to your house, right? Just itā€™s not UberEats.

Rey TreviƱoĀ [00:42:05] Okay.

Sarah Zubiate BennettĀ [00:42:07] Why am I spacing on who they use? But anyway, itā€™s the gen or now. Yeah. Because they give. Yeah. Yeah. They help me make sure that Iā€™m eating healthily.

Rey TreviƱoĀ [00:42:16] Healthily. I love it.

Kristy KernsĀ [00:42:18] Okay. Yeah. Okay. I like that.

Rey TreviƱoĀ [00:42:21] Well,.

Sarah Zubiate BennettĀ [00:42:22] Thatā€™s all I got.

Rey TreviƱoĀ [00:42:23] Well, I cannot thank you enough again for helping them.

Sarah Zubiate BennettĀ [00:42:26] Thank you

Rey TreviƱoĀ [00:42:27] we hope to see you again soon. And good luck with everything you got going on.

Sarah Zubiate BennettĀ [00:42:30] Thank you. Appreciate it. Yeah.

Rey TreviƱoĀ [00:42:32] Ā itā€™s all our listeners and viewers out there. Thank you all as always. And weā€™ll see you again on another episode of The Crude Truth.

NarratorĀ [00:42:38] Again, the Crude Truth would like to thank todayā€™s sponsors LFS chemistry, Nape Expo, Air Compressor Solutions, Sandstone Group, Exec Crue, Texas Star Alliance, Pecos Country Operating, and Real News Communication Network.

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