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Doug Burgum

👤 Person
628 total appearances

Appearances Over Time

Podcast Appearances

Morning Wire
Drill, Mine, Build: Inside Trump’s Energy Revolution

Well, when they sanctioned them, Iran and Russian oil went down in price. Who is buying it all? China. I mean, we turned our adversaries into China's discount gas station and China was laughing all the way to the bank. China's filling their strategic petroleum reserve to record levels. Biden drained ours in half ahead of the midterms to try to manage price.

Morning Wire
Drill, Mine, Build: Inside Trump’s Energy Revolution

He turned the strategic petroleum reserve of the United States strategic petroleum reserve into a political patrolling reserve back in 2022. So the mess that was handed to President Trump, he's gotta turn all of this again, as they say, 180 degrees in the other direction.

Morning Wire
Drill, Mine, Build: Inside Trump’s Energy Revolution

He turned the strategic petroleum reserve of the United States strategic petroleum reserve into a political patrolling reserve back in 2022. So the mess that was handed to President Trump, he's gotta turn all of this again, as they say, 180 degrees in the other direction.

Morning Wire
Drill, Mine, Build: Inside Trump’s Energy Revolution

But when he's talking about drill, baby, drill, he's talking about we're gonna permit and we're gonna develop the resources, and we're gonna map, baby, map to figure out where all these resources are, and then we're gonna mine, baby, mine, so we can build, baby, build, because we got to build AI data centers. If we don't have electricity to power the AI right now, China is winning.

Morning Wire
Drill, Mine, Build: Inside Trump’s Energy Revolution

But when he's talking about drill, baby, drill, he's talking about we're gonna permit and we're gonna develop the resources, and we're gonna map, baby, map to figure out where all these resources are, and then we're gonna mine, baby, mine, so we can build, baby, build, because we got to build AI data centers. If we don't have electricity to power the AI right now, China is winning.

Morning Wire
Drill, Mine, Build: Inside Trump’s Energy Revolution

We're winning on the technology. China's winning on electricity. And you can turn a kilowatt of electricity in an AI data center. You manufacture intelligence. The country that produces the most intelligent first wins this race. And this is not a race we can come in second place. And he understands that. I think Silicon Valley does.

Morning Wire
Drill, Mine, Build: Inside Trump’s Energy Revolution

We're winning on the technology. China's winning on electricity. And you can turn a kilowatt of electricity in an AI data center. You manufacture intelligence. The country that produces the most intelligent first wins this race. And this is not a race we can come in second place. And he understands that. I think Silicon Valley does.

Morning Wire
Drill, Mine, Build: Inside Trump’s Energy Revolution

I think that's why you're seeing all the tech leaders supporting this administration and why you're seeing things. But we've got to be able to clear the path so that we can take advantage of the huge energy resources we have. China imports 11.5 million barrels of oil a day. They're the most energy-dependent country in the world. They also have to import food every day.

Morning Wire
Drill, Mine, Build: Inside Trump’s Energy Revolution

I think that's why you're seeing all the tech leaders supporting this administration and why you're seeing things. But we've got to be able to clear the path so that we can take advantage of the huge energy resources we have. China imports 11.5 million barrels of oil a day. They're the most energy-dependent country in the world. They also have to import food every day.

Morning Wire
Drill, Mine, Build: Inside Trump’s Energy Revolution

So here we are, a country that has food security and energy security, but we were constraining ourselves. We were tying both hands behind our back with all kinds of regulations, lawsuits, and an ideology that said, no, we're not going to develop these resources here. But as I said, that just That played right into our adversary's hands.

Morning Wire
Drill, Mine, Build: Inside Trump’s Energy Revolution

So here we are, a country that has food security and energy security, but we were constraining ourselves. We were tying both hands behind our back with all kinds of regulations, lawsuits, and an ideology that said, no, we're not going to develop these resources here. But as I said, that just That played right into our adversary's hands.

Morning Wire
Drill, Mine, Build: Inside Trump’s Energy Revolution

And for a safer world and for a stronger America, we need to get back in the game.

Morning Wire
Drill, Mine, Build: Inside Trump’s Energy Revolution

And for a safer world and for a stronger America, we need to get back in the game.

Morning Wire
Drill, Mine, Build: Inside Trump’s Energy Revolution

Any ideas out there? I'm sure there'll be some. And that was a thrill for Catherine and I to be invited to be on Air Force One flying over the Gulf while the proclamation was being signed. And it did fall, the official naming committee for geographic names falls under the Department of Interior. And it's more layered and complex than you might imagine.

Morning Wire
Drill, Mine, Build: Inside Trump’s Energy Revolution

Any ideas out there? I'm sure there'll be some. And that was a thrill for Catherine and I to be invited to be on Air Force One flying over the Gulf while the proclamation was being signed. And it did fall, the official naming committee for geographic names falls under the Department of Interior. And it's more layered and complex than you might imagine.

Morning Wire
Drill, Mine, Build: Inside Trump’s Energy Revolution

But then today with all of the technology and the mapping companies, the Google Maps, Apple Maps, all the other folks, we were in coordination with them as we were flying to say, don't hit the button to restart populating the new name of Gulf of America until it's official.

Morning Wire
Drill, Mine, Build: Inside Trump’s Energy Revolution

But then today with all of the technology and the mapping companies, the Google Maps, Apple Maps, all the other folks, we were in coordination with them as we were flying to say, don't hit the button to restart populating the new name of Gulf of America until it's official.

Morning Wire
Drill, Mine, Build: Inside Trump’s Energy Revolution

But right on schedule at 1.30 p.m., the pilot came on board from the 747 Air Force One and tipped the wing down and said, ladies and gentlemen, look out the right side of the plane. You're looking at the Gulf of America. President Trump had just signed it. The press was crammed into his little office on Air Force One, and that was a very fun day.

Morning Wire
Drill, Mine, Build: Inside Trump’s Energy Revolution

But right on schedule at 1.30 p.m., the pilot came on board from the 747 Air Force One and tipped the wing down and said, ladies and gentlemen, look out the right side of the plane. You're looking at the Gulf of America. President Trump had just signed it. The press was crammed into his little office on Air Force One, and that was a very fun day.

Morning Wire
Drill, Mine, Build: Inside Trump’s Energy Revolution

But I don't know, someone was joking today that we were just at Mammoth Cave National Park, that maybe that ought to be like huge. The Y. Huge cave. Yeah.