Doug Burgum
๐ค SpeakerAppearances Over Time
Podcast Appearances
of these celebrations right here as part of our incredible 250th birthday.
I think they're talking pounds of fireworks.
And so this is going to be a record-setting effort that we're chasing.
Could be a Guinness World Book of Records.
The answer is absolutely, because not only do they lease it and we get a paycheck, and then when they produce it, we get a royalty.
We're partners in getting a revenue stream off of the royalty that comes off of the onshore and offshore mineral development.
So, yeah, this is a, and it's not a little thing.
I mean, right now on lands managed by the Department of Interior represent 27% of all the oil production in this country.
So, interiors, interior resources, the American people are producing more oil than Exxon Mobil is.
So, this is a, it's a big opportunity.
And of course, but what's happened over the last 30 years, you go back to the Clinton era, which is,
Hey, we're going to save this spot at all, so we're not going to cut a tree.
Oh, we're worried about the impact of beef, and so we're going to stop grazing.
Oh, mining, that's dirty.
We should stop doing it.
is doing it cleaner, better, safer, smarter than anywhere, and when we got out of the mining business, who got into it?
China, controlling all those critical and rare earth minerals, tearing up the Congo, Indonesia, child labor.
no environmental controls.