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Doug Burgum

๐Ÿ‘ค Speaker
1080 total appearances

Appearances Over Time

Podcast Appearances

Bloomberg Talks
US Interior Secretary Doug Burgum Talks US Energy Production

The estimates are that that's in the tens of billions of dollars that were saved by consumers in our allies because of U.S.

Bloomberg Talks
US Interior Secretary Doug Burgum Talks US Energy Production

being able to literally come to the rescue with low energy prices.

Bloomberg Talks
US Interior Secretary Doug Burgum Talks US Energy Production

and whether it's prescription drugs, whether it's housing, whether it's interest rates, whether it's food, President Trump has been on the march lowering those prices for Americans, and with this temporary interruption versus to have an opportunity for long-term transformation, I think this is something that everybody in the world should be joining in.

Bloomberg Talks
US Interior Secretary Doug Burgum Talks US Energy Production

If everybody thinks it's okay to have a regime that killed 40,000 of their own people,

Bloomberg Talks
US Interior Secretary Doug Burgum Talks US Energy Production

before this recent conflict even started just because people were expressing free speech in the street.

Bloomberg Talks
US Interior Secretary Doug Burgum Talks US Energy Production

I think that's okay to have that group of people controlling the world's energy supplies in the world market.

Bloomberg Talks
US Interior Secretary Doug Burgum Talks US Energy Production

You know, I would be surprised.

Bloomberg Talks
US Interior Secretary Doug Burgum Talks US Energy Production

I mean, people need to come to a realization that this is a global problem.

Bloomberg Talks
US Interior Secretary Doug Burgum Talks US Energy Production

People should be aligned with President Trump and aligned with the United States to say, you know, we shouldn't be standing for having a group of terrorists control the global economy.

Bloomberg Talks
US Interior Secretary Doug Burgum Talks US Energy Production

Well, I'd say there's certainly been a discussion.

Bloomberg Talks
US Interior Secretary Doug Burgum Talks US Energy Production

We've got a lot of smart people working in this administration.

Bloomberg Talks
US Interior Secretary Doug Burgum Talks US Energy Production

There's a lot of smart people that work in the energy trading market.

Bloomberg Talks
US Interior Secretary Doug Burgum Talks US Energy Production

Energy trading is one of the biggest markets in the world.

Bloomberg Talks
US Interior Secretary Doug Burgum Talks US Energy Production

An intervention there to try to manipulate lower prices would require enormous amounts of capital.

Bloomberg Talks
US Interior Secretary Doug Burgum Talks US Energy Production

That's all I'll say on that front.

Bloomberg Talks
US Interior Secretary Doug Burgum Talks US Energy Production

But I'd say that right now,

Bloomberg Talks
US Interior Secretary Doug Burgum Talks US Energy Production

The best way to get prices down is increase supply to match demand.

Bloomberg Talks
US Interior Secretary Doug Burgum Talks US Energy Production

And President Trump, again, under President Biden, we were lowering the amount of energy we were producing.

Bloomberg Talks
US Interior Secretary Doug Burgum Talks US Energy Production

We were regulating it out of business, strangling entire industries that were producing either electricity or liquid fuels out of business.

Bloomberg Talks
US Interior Secretary Doug Burgum Talks US Energy Production

And now it's gone the complete opposite direction.