Asks if energy issues will bring quick resolution to Iran conflict.
Host
Doug Burgum
Praises Trump's strength and military execution, frames Iran as terrorist regime holding world economy hostage, predicts peace and prosperity after conflict resolution.
Asks about domestic oil producers increasing output, who they are, expected increase, and timeline.
Host
Doug Burgum
Says private companies will announce own plans, but current price signals create opportunity for shale producers to increase output using drilled but uncompleted wells.
Asks about allies' tolerance for triple-digit crude, economic damage timeline, and mentions of China/Russia as winners.
Host
Doug Burgum
Claims China benefited from failed Biden sanctions on Venezuela, Iran, Russia, buying discounted oil, but temporary waiver on Russian floating oil will help keep prices down for allies like India.
Asks about remaining policy tools: federal gas tax holiday, Jones Act, higher ethanol gasoline.
Host
Doug Burgum
Says all ideas under consideration, teams working on affordability, but Trump's energy dominance policy has already lowered prices dramatically.
Asks about CME Group head's warning against intervening in oil derivative markets, whether this is under consideration.
Host
Doug Burgum
Acknowledges discussion but says intervention would require enormous capital; best way to lower prices is increase supply to match demand.
Asks directly if administration has already intervened in oil futures market.