Doug Burgum

President Trump understands that we've got to have energy abundance.

We've got to be able to sell energy to our friends and allies.

including those that have been dependent on our adversaries.

I mean, if you're getting energy from Iran or Russia and they're funding terrorism or wars, I mean, we can stop wars and stop terrorism by having energy abundance from the U.S., but enough abundance that we can keep prices for energy here at home low, even with the demand increase, so that we can win the AI arms race against China, which part of that race is who can generate the most electricity, because this is the first time in history

You can take a kilowatt of electricity and turn it into intelligence.

President Trump understands that.

His policy is going to work for both winning the arms race and for keeping electricity affordable for Americans.

Absolutely, because if it's off the grid, it's not putting any burden on the grid itself, and it's not putting any pressure on rate payers.

Matter of fact, in North Dakota, when I was still governor there just 15 months ago, we were completing a $1.2 billion data center.

And the electricity rates were going to go down for all the people there because you're spreading the cost across a big industrial buyer in a rural area.

So there are ways where you can add capability, add a big power user like that.

And if you do it the right way, it actually brings power down.

So it's only people that would be opposed to...

for other reasons, including the climate extremists, would come up with a story that says that artificial intelligence is going to raise your rates automatically.

That's only with the wrong policies.

With the right policies, they'll stay the same or go down.

Yes, well, but again, we're in recovering new territory.

And we're going to see incredible capital flows around the world.

And those capital flows, record capital flows, are going to go to places that have ample, affordable, reliable, and secure power.

And that's going to be countries, and it's going to be states within those countries, within Europe.