Doug Burgum

They took full advantage of that, building up the largest.

We've lifted sanctions on Russia, right?

Well, it's going to make it more expensive because that's going to increase the price of that floating oil that's out there right now.

But this temporary waiver on the Russian floating oil, most of that oil had already left Russia.

So Russia's not benefiting from that.

If there's any price arbitrage, it was whoever owned the cargo after it left Russia.

But that's going to help make sure that we can keep prices down for our allies like India and others.

And so, again, that was a smart move that the administration undertook previously.

on that temporary waiver, on all that floating, you know, the dark fleet oil that was out there, again, to help relieve some of the short-term pressure.

But meanwhile, you know, our military making incredible progress on, you know, securing the objectives of this conflict.

Well, I think all of these ideas are under consideration.

And we've got teams, like I said, that are working around the clock doing analysis and effort on this in an effort to try to focus on affordability and keeping the prices down.

But this has been our focus since the day that President Trump took office.

When he took office and declared an energy emergency, it was because

energy prices were out of control, whether it was for electricity or for liquid fuels or for heating your home.

And of course, those prices have dropped dramatically in last year because President Trump's policies of energy dominance, which is about having enough energy for low prices at home and being able to help

lower prices for our allies.

Lifting the ban on LNG export facilities, which also happened immediately in the Trump administration, has allowed U.S.

to become the number one LNG export.

We've displaced two-thirds of the Russian gas that was being sold into Western Europe this past winter.