Doug Burgum
👤 SpeakerAppearances Over Time
Podcast Appearances
Certainly when there's a price indication that's happening right now, this is an opportunity.
Shale producers have the ability to increase their production.
Some of them have drilled but uncompleted wells.
They just have to turn those on.
And of course, we're seeing our partners.
I just got back from Venezuela last week where you've got companies like Chevron that are indicating that they can accelerate.
their development in places like that.
And of course, the administration taking steps in places like California, where we've got offshore in California.
Well, I actually think the administration, when you kind of maybe average out all of the statements, has been fairly consistent in what they're saying, which is we want to eliminate Iran's capability to threaten the United States with nuclear weapons, threaten its neighbors with its ballistic missile technology, threaten the Strait of Hormuz with nuclear weapons.
its Navy, and then the production facilities for all of those things.
And that's what I think the president is referring to when he says, you know, we won on day one because the initial strikes were so effective and did, in fact, eliminate at least the very top leadership of the country.
Well, I think what we're seeing here, of course, is the strength of President Trump setting clear objectives, our military executing nearly flawlessly.
And, of course, what this exposes for the whole world is that we do have a terrorist regime that is threatening the world economy.
This is a regime that 47 years ago, when they took over, literally took American hostages.
Now they're holding the entire world economy hostage.
President Trump and the allies understand that on the backside of this, when this is resolved, that the world's gonna be peace, there's gonna be more peace in the world, there's gonna be more prosperity, and there's gonna be more stability and more freedom and movement of energy for all countries.
Well, as again, of course, in America, as you know, these are private companies.
Some of them are public.
I'll let them talk about their own production plans and their production increases.
But certainly when there's a price indication that's happening right now, this is an opportunity.