4.2 • 7.1K Ratings
🗓️ 6 May 2025
⏱️ 52 minutes
🧾️ Download transcript
(0:00) David Friedberg introduces Secretary Doug Burgum
(2:11) Burgum's background and how it led to his role in the administration
(10:56) The state of American energy and how we got here
(22:32) America's energy emergency: AI, unlocking potential, China, increasing national risk tolerance
(34:22) Burgum's National Balance Sheet idea: How it could help reduce national debt
(42:25) Mining, overseeing the EPA, aligning agencies with outcomes
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0:00.0 | We're here on the Celsius Galway in Sabine Pass, just outside of Beaumont, Texas. |
0:07.0 | Then you have to hold out. |
0:09.0 | With the Secretary of the Interior, Doug Bergam. The crew is giving us a tour. This is an amazing export facility, the largest in the United States, second largest in the world. |
0:17.0 | We're going to talk with the Secretary in a minute about American Energy Independence and the role that this company, this facility, and this process plays. So excited to have the |
0:25.0 | conversation with the Secretary. |
0:34.8 | What'd you think? Well, it was fantastic, but to be on a brand new ship, like this is pretty special. |
0:42.3 | Brand spanking new, like this is the first cargo it's taking. |
0:46.3 | This is like not even out of the showroom, brand new. |
0:49.3 | I mean, look at that. There's a spotless. |
0:52.3 | Yeah. This is definitely coordinated for you. I have a suspicion. |
0:55.0 | But it's beautiful. |
0:56.0 | I think they coordinated for you, Dave. |
0:58.0 | They heard you were coming. |
0:59.0 | Doug, they were saying in 2008 this facility was basically bankrupt. |
1:04.0 | Yes. |
1:05.0 | And this has been a development project since about 2012, and it went from practically nothing to the largest LNG exporter in the world. |
1:12.6 | In 13 years. |
1:13.6 | In 13 years. |
1:14.6 | And prior to that, when it was originally built, because this is before the amazing miracle of the whole shale revolution in our country. |
1:23.6 | Without that, this was being built as a LNG import facility. |
1:29.1 | That was the original thing. |
1:30.1 | We're going to have to import LNG to America. |
... |
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