Doug Burgum

That security plan mentions energy 23 times.

There's an entire section about energy dominance, and folks should think about energy dominance as something

the ability for the U.S.

to sell energy to our friends and allies so they don't have to buy it from adversaries, particularly those adversaries that are either funding terrorism or are funding wars, actively funding war machines.

And so it's core to the strategy right now, but it's also, as you've talked about on this show, is about with AI because

Never before in history have we been able to convert a kilowatt of electricity into intelligence.

The demand for that, regardless of stock prices or stock movements, the demand for AI, for intelligence applied to every job, every company, every industry is going to continue to increase the demand for electricity around the world.

The U.S.

is an energy-dominant country, now the largest oil producer in the world, largest LNG exporter in the world, and growing quickly.

With that strategy, it bodes well for the future of the U.S., both in terms of peace and in terms of prosperity.

Well, I think one thing that we know that in the Trump administration, we're cutting red tape so rapidly.

We think that, you know, one of the early targets we had was cut 10 percent of the cost away from those producers just by cutting red tape.

So if you think about, you know, 60 bucks today, it might be what 67 bucks was yesterday.

a year ago because of our ability to take cost out for those producers.

And there's example after example, whether it's from the EPA, the Department of Energy, Department of Interior, where we've been able to help reduce costs.

And of course, this industry has been better than almost any in terms of gaining productivity.

The shale producers now drilling three mile laterals instead of two mile laterals, up to four mile laterals in many places.

Offshore, we've seen examples.

Overseas, the people building 10-mile laterals when they're getting after the shale rock, all with the same small well pad on the surface.

So great for land management and great for energy production, and kudos to this industry.