Doug Burgum
๐ค SpeakerAppearances Over Time
Podcast Appearances
President Trump is, again, driving a strategy where you control the oil, you control the economy, and then you can control the direction of where it goes.
And this is going to be a great opportunity that Venezuelan
25 years ago, all that Venezuelan oil was primarily flowing to the United States.
All of our refiners on the Gulf Coast are set up to manage that heavy Venezuelan crude.
And when that product comes to the US, it means lower gas prices for Americans.
So this is like, this is President Trump
like making a triple bank shot with his eyes closed because this thing, it hits China.
It hits all the illicit sales.
It's going to put the squeeze on Cuba, which is another failed state right at our doorstep.
And then it's great for the American public.
And without any troops on the ground and without any dollars going into this thing, the private sector from the US is ready to step in and start going after it.
Venezuela's reserves are larger than Saudi Arabia's.
I mean, it's the largest in the world, and they've been in 20 years of decline in terms of production.
They conspicuated tens if not hundreds of billions of dollars of assets from American companies who are ready to go back in.
This is going to be a win for the Western Hemisphere, a win for American citizens, certainly a win for affordability.
on energy, because when you have lower energy prices, there's an energy component in the clothes you wear, the food you eat, the home you heat, the electricity, what's powering the computers that are running our meeting today.
It's in all that stuff.
And those prices are coming down thanks to President Trump and his energy dominance agenda.
Well, good to be with you, Vince.
The expectation today is to have a great conversation about the opportunity to continue President Trump's agenda, which his agenda, of course, has been always about the safety and security, national security of our country.