Doug Burgum

I said, like, if air traffic controllers did this, no one would get in an airplane.

They do seem to put a little tailspin on everything.

Well, I think the most important thing that we are doing is getting out of the way and setting the conditions for it, because

I would say one of the surprises that I've had, and I've had a lot of them when I went from civilian to a public servant, has been that in the U.S., we've made it so hard to build things.

And it's just very frustrating.

I'm sure Doug and Chris will talk about it, but this idea...

TSMC wants to build a gigantic fab system in Arizona, and I think it might be able to produce up to 7% of the chips that the United States needs.

And they're dealing with local building inspectors.

And evidently, these chip design plants are moving so quickly, you're constantly calling an audible, and you're saying, well, look,

three months ago it looked like this, but in 18 months we've now decided it needs to look like this.

And you've got someone saying, well, you said the pipe was going to be there, not there.

We're shutting you down.

And just the level of permitting, we always talk about how, I think I may have even talked about it on your podcast, how Germany had de-industrialized.

We even made the decision to de-industrialize through our environmental regulations.

i think the most important thing we can do is make it easy to build things again and stay out of the way and not over regulate secretary thank you thank you very much

And prior to that, when it was originally built, because this is before the amazing miracle of the whole shale revolution in our country, without that, this was being built as a LNG import facility. That was the original thing. We're going to have to import LNG to America. Now, LNG is the number two dollar export on the all-time list for the country.

And prior to that, when it was originally built, because this is before the amazing miracle of the whole shale revolution in our country, without that, this was being built as a LNG import facility. That was the original thing. We're going to have to import LNG to America. Now, LNG is the number two dollar export on the all-time list for the country.

It's the second most highest dollar value we export. We went from being like, oh, we're going to run out of oil and gas, to today, we're energy independent on a net basis, and we're on our path towards becoming energy dominant.

It's the second most highest dollar value we export. We went from being like, oh, we're going to run out of oil and gas, to today, we're energy independent on a net basis, and we're on our path towards becoming energy dominant.

David, it's great to be with you. Thank you for coming down and seeing this amazing facility.