Doug Burgum

It's about more electricity, more energy.

The energy abundance, energy dominance is the supply side

let's increase the supply to lower prices.

We do have a temporary disruption in transit, but the world is well supplied, and that was reflected in the markets just a month ago, which is we've got new sources coming on, whether Venezuela ramping up, whether it's other allies around the world.

I mean, we're fortunate with new technology.

The oil producers are producing more all the time.

Just think, 20 years ago, people thought the U.S.

was gonna run out of oil and gas.

I mean, let's just step back a second and understand how did we go from the sky is falling, we're running out of oil and gas, we're running out of energy, to becoming the world's number one oil producer and the number one natural gas producer, number one LNG exporter?

That was because of innovation.

American innovation drove these dramatic turnaround, and that alone, that is like a trillion dollar tax break for Americans.

because of the energy innovation that's come from this private sector in the oil and gas and energy industries in our country.

And now we have an opportunity to share that abundance with our friends and allies around the world.

That's what we're doing here in Japan with these 17 countries that are here to sign deals with the US for secure supply chains from places like Alaska where we've got enormous amounts of LNG

and we could be providing all of our partners more secure and lower cost energy across the Pacific, our traditional allies, whether it's Japan, South Korea, Philippines, Taiwan, you go down this, and our territories.

I mean, the territories that are part of the U.S.

Department of Interior,

Guam, American Samoa, the Marianas Islands, these are all places where we've got military bases.

And in many cases, including Hawaii, we're buying foreign oil.

We have an opportunity in America under President Trump's energy dominance to sell energy even to our own territories and to our own states in the Pacific.