The Ledger, every show

“The existential threat is not a degree of temperature change in 2100. The existential threat was Iran getting a nuclear weapon, ah, and losing the AI arms race to China. Those are the two top order bits in terms of priorities.”

“The regulatory regime was such that it wasn't about regulating oil and gas. It was about eliminating oil and gas from America.”

“So Germany spent a half a trillion dollars, five hundred billion dollars on the quote, air quotes, transition to green energy. They were transitioning to wind and solar. Half a trillion, five hundred billion dollars. They today produce 20% less electricity, an…”

“The largest funder of coastal restoration in this country is the oil and gas industry you know, here in the Gulf.”

“There could be a trillion to a trillion and a half dollars stuck in this two to four year federal government permitting thing.”

“And for people that are spending money on site selection, I'll tell you one thing, you want to build it faster, go to where the stranded gas is, Build your power plant there. Build the AI factory next to it. You don't have to permit a transmission line. You do…”

“But in between now, 20, 25 and 20 30 a lot of it's going to come back to LNG because that the fastest thing we can get online for more electricity generation is LNG power plants.”

“We've had no, no deaths from anything related to nuclear power in our country. Yeah, in the instance inception, but the best I can find on the federal safety statistics is there's about 37 people that have died from getting angry at vending machines, and then …”

“If Interior was a standalone company, it would have the largest balance sheet in the world by so far. I mean, it's You know, Saudi Aramco wouldn't even come close.”

“And in, in one estimate this week is we think just on a, just on public land alone, there may be eight trillion dollars of coal resources.”

“One of the resolution copper, we're just in the process now of issuing them a permit. It's taken about three months here in the Trump administration. They started this process over 29 years ago.”

“If interior was a standalone company, it would be the largest balance sheet in the world, ah, bar none. I mean, you know, Saudi Aramco, no, no one would come close to it.”

“We do not have enough electricity for AI.”

“So the tech industry will spend more on power generation than the power generation industry, because the power generation industry in the US is largely regulated, slow moving, crawling along, you know, have broken markets.”

“And the answer in the short term is, is gonna be natural gas, it's gonna be behind the meter, off the grid, and we have to figure out ways to do that without raising consumer prices”

“I mean, part of the way we get the permitting process from, you know, years or decades in some cases in mining, how do we get that down to months or weeks? AI is going to be part of the solution.”

“I think that when we, this version, particularly if we do you know, these freedom cities or Trump freedom zones, as I've heard is another potential branding is that if you do that, that it would be it would happen on, do it on federal land, and then have the i…”

“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 gonna run out of oil and gas to today we're energy, energy independent on a net basis, and we're on our path towards becoming energy dominant.”

“When I left office last December, just December as governor, I was involved in 30 lawsuits against the Biden administration.”

“The five biggest tech companies in America Showed up at that conference with three hundred billion dollars of capex.”

“We're like a small tiger team, and think of it more like a governor's economic development super, super team. President Trump is asking us to find things that are critical to the infrastructure where they're running into roadblocks and then help them. I would …”

“China has got the corner on the refining, not just mine to refine.”

“We asked them to do mind numbing and soul sucking work for like 20% of their time. Because we haven't given them the basic tools that everybody in the private sector's had. And so it's not like that anybody's bad, a bad people, but you could get rid of 20% of …”

“But the returns, Are just horrible. I mean, the return, I mean, the amount of revenue coming off of all of that for the American people is, ah, is sad”

“Offshore wind is like three times as expensive as onshore”

“There's three hundred billion dollars of capex expense just for the top five tech companies, and that three hundred billion dollars of capex expense is going towards AI, but it's also going towards power generation.”

“Right now China's controlling 85% of the refining of the rare earth minerals and the critical minerals.”

“30% of the world's electricity today comes from coal. 60% of China comes from coal. China's added close to a hundred gigawatts of coal in the last 12 months.”

“If you could come in, and it's like, you come here, and you're gonna get every permit you need to do something in the next 30 days, I mean, I think we would, it would be a waterfall of capital flowing to those areas”

“We wouldn't have agriculture in Arizona or California without that.”

“We burn more bored feet of lumber in this country every year right now than we are harvesting.”

“The little company that I just met with this morning out on the platform on the Gulf of America, in its inception, this is a company with 450 people. They have sent 1.2 billion dollars to the U.S. Treasury over the life of their company.”

“We don't have a target yet because we don't even know what the base unused resource is.”

“At least in the Department of Interior, and we are further behind. I mean, we're gonna, you know, this is a, the land of, you know, decommissioning mainframes, and then we could just, you know, take them straight to the Smithsonian to the 19 eighties exhibit.”

“The market signal around, around regulation is the highest cost that anybody that's trying to build something.”

“They added 94 gigawatts of coal last year”

“And what we, you and I had a chance to see today is the largest LNG export facility in America, the second largest in the world.”

“We had climbed to being the number two oil producer in the country”

“Interior has the bureau of reclamation, which is the second largest hydroelectric producer in the country”

“Today, earlier today, I had a chance to get on my first offshore platform and see the innovation and entrepreneurship there that's again, now providing about 16% of the oil for the America.”

“We could have as many as eight hundred million people on the planet you know, shy of a billion that don't have access to electricity”

“Having spent 30 years in tech, we never used more than one percent of the nation's electrical production.”

“Today you can talk to a venture funded startups. And there's at least 10 that are out there today that are chasing new designs.”

“Ok, last year, Interior brought in twenty two billion.”

“Lee Zeldin our EPA Administrator, is, is also a key part of the Energy Dominance Council, as is about half of the Cabinet.”

“There's a whole wave, I think over eight billion dollars of venture capital's gone into the next gen small modular nuclear.”

“When this plant began in the early 2000, it was meant to be an LNG import facility.”