Introduces Interior Secretary Doug Burgum, noting he oversees about one fourth of all American oil production and chairs the National Energy Dominance Council.
Brian
Asks about Burgum's role in helping protect against any oil supply shock.
Brian
Doug Burgum
States that President Trump's energy policy began with 'energy abundance' and 'drill baby drill', contrasting with previous administration's lack of lease sales.
Doug Burgum
Reports issuing over 6,100 permits in nine months, a record number, enabling private sector to generate revenue and production.
Doug Burgum
Claims the U.S. has the most energy security ever, being #1 in oil production, natural gas, and LNG exports, selling to allies to avoid purchases from adversaries and keeping domestic prices down.
Notes the supply-demand gap filled by imports, largely from Canada, and shifts topic to the Strategic Petroleum Reserve (SPR) and the IEA decision.
Brian
Doug Burgum
Says the IEA's decision is 'reasonable' but U.S. participation is up to President Trump.
Doug Burgum
Describes Iran's regime as trying to 'take hostage the entire world economy' by controlling oil flow, a long-standing risk.