Doug Burgum

And yet two refineries have announced that they're shutting down in California because of policies, not because of lack of demand, not because of lack of consumers.

And so what's going to happen?

You're going to have...

oil tankers and refined products coming into San Francisco Bay and coming into Long Beach in record numbers in California because of policies.

They will have higher gas prices than virtually any other state.

So again, we have a strategy in America to help every state.

The Trump administration wants to have low, affordable energy prices for everybody, whether it's heating your home or driving your car or producing electricity for AI.

But we're going to need the collaboration from states to make sure.

And if states don't want to collaborate on that, then you're going to see this trillion dollars of AI, a historic amount of spend, all going towards states that have pro-energy policies that drive down prices.

Well, if you said on the show, I mean, the prices are in electricity are local, not national.

And so there are the examples that you think we're driving that analysis right now.

And we're going to be publishing that from the White House to the National Energy Dominance Council.

The Department of Energy doing great work on that, but a lot of the higher prices that you're seeing are not related to the AI data centers.

A lot of the AI data centers are going to be off the grid behind the meter and then producing, adding more energy and then putting some of that energy onto the grid.

So we could be actually increasing the supply in some of those areas where we've got increased pricing.

It's because of the policies they pursued the last five years.

of having unreliable, intermittent, and highly subsidized projects, including things like offshore wind, where people were spending $11 billion to create one gigawatt of intermittent, versus spending one or two billion dollars to create

one gigawatt of assured seven by 24 hour power.

So the policy choices of the last five years driven by sometimes climate extremists were the ones that were that were that are driving up the prices you're seeing.

I mean, electricity costs three times as much in New England as it does in North Dakota.