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Doug Burgum, Secretary of the Interior | All-In DC Podcast Episode Description
(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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Doug Burgum, Secretary of the Interior | All-In DC Podcast Episode Top Keywords
Doug Burgum, Secretary of the Interior | All-In DC Podcast Episode Summary
In this podcast episode, the discussion centers around energy production, economic growth, and the challenges and opportunities facing the United States in these areas. The primary speaker is Doug Burgum, the Secretary of the Interior and Chair of the National Energy Dominance Council. Burgum shares his journey from a tech entrepreneur in North Dakota to his current role, emphasizing the importance of energy production for economic prosperity and job creation.
Key topics include the relationship between energy production and GDP, the need for a “Manhattan Project” style approach to unlock the U.S.’s energy potential, and the challenges posed by regulatory and infrastructural barriers. Burgum highlights the critical role of innovation in addressing climate change and energy demands, particularly with the rise of AI and automation, which are expected to significantly increase energy consumption.
The episode also touches on the U.S.’s dependency on foreign resources due to a decline in domestic mining and the need to revitalize this sector to ensure energy security. Burgum discusses the strategic importance of managing the country’s vast natural resources and the potential of leveraging America’s balance sheet to address the national debt and deficit crisis.
Actionable insights include the necessity of deregulation to facilitate energy infrastructure development, the importance of public service in effecting change, and the need for a comprehensive understanding of America’s natural resources to guide future energy policies.
Recurring themes include the balance between environmental protection and energy development, the strategic importance of energy independence, and the role of public and private sectors in driving innovation and economic growth. The overall message underscores the critical need for a coordinated effort to enhance energy production capabilities to support technological advancements and maintain national security.
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Doug Burgum, Secretary of the Interior | All-In DC Podcast Episode Transcript (Unedited)
Speaker: 0
00:02
We’re here on the Celsius Galway in Sabine Pass, just outside of Beaumont, Texas Then you have to hold out. With the Secretary of the
Speaker: 1
00:09
Interior, Doug Burgum. The crew is giving us a tour. This is
Speaker: 0
00:13
an amazing export facility, the largest in The United States, Second largest in the world. We’re gonna talk with the secretary in a minute about American energy independence sana the role that this company, this facility, and this process plays. So excited to have the conversation with the secretary.
Speaker: 2
00:36
What’d you think? Well, it sai fantastic, but to be on a brand new ship like this is pretty special. Pretty special. Pretty special. Sai mean, ai, brand’s fantastic. I mean, like, this is the first cargo it’s taking. Ai is, like, this is, like, not even out of the showroom. Bryden new.
Speaker: 1
00:49
Yeah. They’re I
Speaker: 2
00:50
mean, look at that. Those are spotless.
Speaker: 0
00:51
Yeah. This is definitely coordinated for you. I have a suspicion. But it’s beautiful.
Speaker: 2
00:56
I think they coordinated for you, David. Yeah. Right. They they heard you were coming.
Speaker: 1
00:59
Doug, they were saying in 02/2008, this facility was basically bankrupt.
Speaker: 2
01:03
Yes.
Speaker: 1
01:04
And this has been a development project since about 2012, and it went from practically nothing to the largest LNG exporter in the world. In thirteen years. In thirteen years.
Speaker: 2
01:14
And prior to that, when it was originally built, because this is before the amazing miracle of the of the whole shale revolution in our country.
Speaker: 1
01:24
Right.
Speaker: 2
01:24
Without that, this was being built as a LNG import facility. That was the original thing. We’re gonna have to import LNG to America. Right. Now, LNG is the number $2 export on the all time list for the country. It’s the second most highest dollar value we export. We went from from being ai, oh, we’re gonna run out of oil and gas to today, we’re energy independent on a net basis, and we’re on our path towards becoming energy dominant.
Speaker: 1
01:53
I’m doing all in. Ai, besties. I think that was another epic discussion. People love the interviews. I could hear him talk for hours. Absolutely. We crushed your questions a minute. We are giving people ground truth data to underwrite your own opinion. What’d you guys say? That was fun, Patrick. I’m doing all in.
Speaker: 1
02:10
Welcome to the all in interview here today with secretary Doug Burgum, the fifty fifth secretary of the interior of The United States Of America. We are here in beautiful Sebring Pass in Louisiana today at the Cheniere LNG facility. It’s been an amazing tour this afternoon.
Speaker: 1
02:26
It’s a little bit windy, but it’s still a beautiful afternoon. Thanks for joining me today, Doug.
Speaker: 2
02:30
David, it’s great to be with you. Thank you for coming down and, seeing this amazing facility.
Speaker: 1
02:34
So we just took a great tour here. Why were you here today and what are we checking out?
Speaker: 2
02:38
Well, I think president Trump, one of his, core goals if we talk about energy dominance, which is beyond energy independence, it’s not just a a slogan. It’s really about how do we have the power to power AI in Meh? How do we power the remanufacturing in America? And then how do we sell energy to our friends and allies sai that they don’t have to buy from our adversaries?
Speaker: 2
02:57
And what 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.
Speaker: 1
03:05
Yeah. I was struck. I didn’t really realize how quickly this facility grew up just about a dozen years ago. There was nothing really going on here. And now it’s the second largest export facility of methane in the world, and methane is seeing a a massive surgeons around the world because it has a lower carbon footprint.
Speaker: 1
03:24
There’s demand. It’s transportable. So there’s a lot of reasons why there’s a massive growing market for for liquefied natural gas or methane.
Speaker: 2
03:31
Absolutely. And part of the amazing energy transformation that I think is not fully appreciated by most Americans is when this plant began, in the early two thousands, it was meant to be an LNG import facility. America was running out of oil and gas and, they said, wait. We gotta be ready to start importing it just to meet our needs.
Speaker: 2
03:51
Well, along comes the shale gas revolution, again, driven by technology. That technology of horizontal drilling, that ability to, you know, fractionate rock, and get oil and gas out of places that people thought was just impossible that we would ever be retrieving, that those resources from those from those hard rock shale locations.
Speaker: 2
04:11
And so then this thing after the financial crisis turned around and began its life as a export facility, and now as you say, they’re the only one larger in the world is in The Middle East.
Speaker: 1
04:20
So I I wanna go back a little bit and how you ended up in the seat, how you ended up, not just being the secretary of the interior, but you’re also the chair of the National Energy Dominance Council. I really wanna talk about the importance. Ai talk about it on the podcast a lot about the importance of growing energy production in this country.
Speaker: 1
04:38
But you’re a tech entrepreneur who is from North Dakota, became governor of the state. And I’d love for you to just do your highlights, how you ended up there, what you did with respect to energy, and also how that translated into a surplus of jobs and economic prosperity for that state.
Speaker: 2
04:55
It’s, been quite a journey, you know, starting out in a town of 300 people in North Dakota with all gravel streets and no computers, to end up having an opportunity to, to be part of a software arya, you know, grow that business, take it public, have a great run as a public company, get acquired in an all stock deal by Microsoft, stayed there for seven years, you know, helping grow Microsoft from 40,000 people to to to 90,000 people. Then there was 2,000 of us at Great Plains when we got acquired. There was 1,200 in Fargo, Four Hundred rest in North America, 4 Hundred rest of the world.
Speaker: 2
05:28
We become a this improbable global software company, coming from the from the Great Plains. And then when I, left Microsoft to, presumably spend more time with kids, retire, that was an epic fail. Ended up in, two more startups within six months. Was involved in, three more software IPOs and dozens of other, businesses and I mean, software businesses.
Speaker: 2
05:51
And then, in 2016, at a time when we were having an energy collapse in prices, there was an open seat for governor. And I threw my hat in the ring and, we were, down at sixty nine ten in the polls in January. The primary was in June. Catherine was who who became the first lady was ai, oh, we’ve got a great life. Listen, why would we why would we get into politics?
Speaker: 2
06:15
Why would we get into that? And I assured her that we had no chance of winning. She didn’t have to ever worry about being first lady. But this would be fun for six months to, create some competition. But we ended up winning that primary and and then, went on, got it was a good year for outsiders.
Speaker: 2
06:30
Sai we took office the, about a in North Dakota, you start December. So about thirty six days ahead of president Trump, we were sworn in. Had four amazing years, working with president Trump as a governor. There’s a ai behind our back. And then second term, we got reelected by the largest margin in the country of any race.
Speaker: 2
06:50
But then that was I was serving as a governor under the Biden administration. And in a state where where we’d become we’re rapidly becoming a very risk resource rich state. We had climbed to being the number two oil producer in the country. We had, you know, tremendous coal resources, incredible agriculture resources, and in ranching.
Speaker: 2
07:09
And the Biden administration really was having a war on on on whether it was timber, grazing, oil and gas, coal, critical minerals. I mean, anything that had to do with extraction, there was a regulatory battle going on. And and, and I would have to say that a part of me, not just became frustrated, I became very concerned about the future of the country.
Speaker: 2
07:29
And that led to, you know, jumping at the national level and saying, hey, we’ve gotta have a policy, because if we don’t if we don’t have energy security, we’re not gonna have national security. And that’s what really, drove the to sort of this us sitting here right now today.
Speaker: 1
07:44
So you ran for president. You ran for the Republican nomination against president Trump and others. And then, obviously, president Trump got that nomination. Did you keep in touch with him after that? And how did you kinda work with his staff and his office as he was moving his campaign forward?
Speaker: 2
08:01
Well, we were we were in touch, because, you know, we knew each other as a governor would know a president.
Speaker: 1
08:06
Right. But
Speaker: 2
08:06
I was never really running against president Ram, and I think the record shows that. I was really running against these horrifically dangerous, and, you know, unsound, unsafe, policies of the Biden administration, which are almost, you know, too numerous to enumerate. When I left office last December 15, just December fifteenth of of twenty twenty four, as governor, I was involved in 30 lawsuits against the Biden administration.
Speaker: 2
08:31
You know, many of them including against the agents the the agency that the bureaus that I’m now leading, because the regulatory regime was such that it wasn’t about regulating oil and sai. It was about eliminating oil and gas from America. And and and if there was some sort of false god around climate ideology that they were that was being chased, it was like, oh, if we stop the supply coming from The US, we’re gonna somehow save the planet.
Speaker: 2
08:56
But there was no reduction of demand. The demand was just being filled by by, you know, Iran, Venezuela, Russia. And they and they were funding wars against us. Sai, I mean, I thought it was as closest thing to insanity that I’d ever seen. And so when, when we when we dropped out, very quickly, I was the first of any of the other candidates to endorse president Trump, and, and then spent last year campaigning for him.
Speaker: 1
09:20
Yeah. And then there was can I say this? Some rumors that you might have been in the running for vice president, but you obviously stayed close with the the president and and his staff and found your way into this role. How did that process go for you? How did you end up in this role that you have?
Speaker: 2
09:34
Ai it’s a I love what I’m doing, and I love the role, because, of course, as a western western governor, we have all the things that Interior has sai governor of North Dakota, which is a jam packed fun job. You’ve got your chairman of the land board and just being governor.
Speaker: 2
09:50
Well then, you know, dealing with land and minerals and all the leasing and all the issues with the energy industry. Yeah. You’re also the, head of the water commission. Interior has the Bureau of Reclamation, which is the second largest hydroelectric producer in the country and manages, you know, the miracle of irrigation that Theodore Roosevelt came up. With.
Speaker: 2
10:07
We wouldn’t have agriculture in Arizona or California without that. And then Bureau of Indian Affairs is part of Interior, and that’s a, something I had a lot of experience with and all the challenges that we face in terms of health care and education on the tribal areas. So across the whole realm of interior, everything that I had in North Dakota is part of my job today except one thing, and that’s offshore oil production because, North Dakota, as you would know, is the center of North America.
Speaker: 2
10:36
So if you’re afraid of sharks, you should move to North Dakota because literally, it is the furthest place in North America from any ocean. So we had no offshore. But, today earlier today, I had a chance to get on my first offshore platform and and, and see, the innovation sana entrepreneurship there that’s, again, now providing about 16% of the, oil for the America.
Speaker: 1
10:57
So, I mean, let’s talk about the energy problem, the energy opportunity. Before we do, I think 50% of the potential audience of this conversation tune out and say, this is evil. There’s good and there’s bad. This is bad. Exploitation of natural resources, extraction of natural resources damages the planet, ruins the environment, puts carbon in the atmosphere, drives climate change, and they won’t listen to any conversation about the pragmatism of energy security and the importance energy plays in prosperity, taking people out of poverty, raising them up, raising living standards, and giving access to things around the world that every individual wants, which is more prosperity.
Speaker: 1
11:43
And one statistic I always quote is that if you go back five hundred plus years, you can see and there’s all these studies that have tried to understand energy production versus GDP, which translates to prosperity per capita. And there’s a linear relationship. The more energy that’s produced, the higher the GDP per capita, and that’s what we see around the world in developing markets today.
Speaker: 1
12:04
So Ai guess maybe you could just take a moment to talk to those folks, share a little bit about your perspective of the relationship between taking care of the environment and the planet and the importance of energy demand and energy security before we get into the things that are going on.
Speaker: 2
12:20
Well, I I think you’re, you’re spot on. I mean, human flourishing depends on on everyone. And I think if you’re talking about, access for everyone, you just take a look. I mean, we have we could have as many as 800,000,000 people on the planet, you know, ai of a billion, that don’t have access to electricity.
Speaker: 2
12:38
And they they need more energy. Now with AI coming, the demand for power is gonna go up, the demand for advanced manufacturing. So we’re not in any kind of energy transition. We’re in an area where we need energy addition. And if we want human flourishing, if we want to reach our planet’s fullest potential, and if we wanna take care of our environment, which we can do all these things at the same time, But even that requires, requires energy.
Speaker: 2
13:02
I mean, if you if you’re if you’re worried about, you know, water source sources, well, desalination, which we can do, requires a lot of energy. You know, transportation of goods requires energy. So whether, you know, it’s the the clothes on your back, the food on your table, the the transportation ai, there’s an energy component to all of that.
Speaker: 2
13:19
And electrifying stuff doesn’t change. It just changes the source of the we still need to create the electricity. So I feel like that if anybody is concerned about the environment, they should wanna have it every ounce of a liquid fuel and every electron produced in The United States.
Speaker: 2
13:35
Because if you compare us to any other any other country, we produce it cleaner, safer, smarter, and healthier than anyone else. And I learned in North Dakota over those eight years as governor, where we were always on the top of the list of, you know, cleanest water, cleanest air, best soil health, all of these things that we were able to achieve.
Speaker: 2
13:51
And we were going up the charts in terms of energy production. These things go hand in hand. They’re not it’s not either or. It’s it’s a plus when you can do both.
Speaker: 1
14:00
And we were just talking to this crew on board, the ship we just visited. They’re on their way to Taiwan, and they go to Japan. And so if we can produce liquid methane in this country with a lower carbon footprint, then that methane might be produced elsewhere, which is the case.
Speaker: 1
14:14
We use we have cleaner methods for production. And that demand exists regardless of whether or not The United States produces it. It’s important that The United States take advantage of the opportunity to produce it cleaner, more safely, and with a lower footprint, and and build economic prosperity for us as exporters.
Speaker: 2
14:30
Yes. Absolutely. I mean, so the the the net formula that you’ve just described is the more energy that’s produced in The United States, the better it is for the globe and the better it is for American prosperity. And I would say it’s not just for the globe ai, it’s also for for speak.
Speaker: 2
14:44
It’s not just prosperity at home, but literally the two the two proxy wars that we’ve been involved in with Russia after Russia invaded Ukraine and after, you know, Iran funding 24 different terror groups, they were funding those wars against us with their oil and gas sales.
Speaker: 2
14:59
And so if if we can replace their customers with US sources, they have less revenue. They have less funding literally to fund terrorism. So it is prosperity at home, peace abroad, it’s nothing short of that.
Speaker: 1
15:10
So let’s talk about the energy demand equation. The US is forecasted to increase its electricity production capacity from one to two terawatts by twenty forty, fifteen years from now. During that same period of time, China’s gonna go from three to eight terawatts. And that China forecast, by the way, excludes any of the meh four nuclear reactors, the new hydroelectric facilities, and the new thorium or if that ever scales that they’re considering rolling out in addition to what they’ve already planned to roll out.
Speaker: 1
15:37
So in the next fifteen years, China is adding five Americas.
Speaker: 2
15:41
Yes.
Speaker: 1
15:41
In electricity production capacity. And if everything gets automated, factories are automated, AI becomes the great accelerant of the global economy. China is hugely advantaged relative to where we sit today. What do we need to do about it?
Speaker: 2
15:55
Well, this is the if you were to ask me what’s the thing that keeps me awake at night, this is this is the issue. And it’s so thrilling and refreshing that you understand the scale, the magnitude, and the importance of this, the AI arms race, which is really driven by access to electricity.
Speaker: 2
16:12
And China last year brought on 94 and a half gigawatts of coal powered electricity. One gigawatt is Denver, so they brought on 94 Denver’s just last year. That’s more than all we have today for all of California and all of New York is less than 94. So they added a New York and a California worth of electricity last year just from coal. They’re still getting 60% of their base load from coal.
Speaker: 2
16:36
And people people made it they stop listing when they hear the word coal. But coal ram an electricity standpoint, thermal coal, is fantastic base load. It has, you know, all the characteristics to allow you to maintain amperage and voltage to keep a system going. And I think we just saw in Spain, you know, they were celebrating on April 12 of this past month that they’d shut down their last coal plant.
Speaker: 2
16:59
And then a week after that, they were celebrating the fact that they had their first day of a % renewables on their system. And then the next week, they were global news story because people were trapped in subways, all airline flights vatsal, hospitals were panicking with a lack of power, because they had a, you know, a rolling blackout and grid failure because it just defies physics.
Speaker: 2
17:20
You can’t run an electrical grid with just intermittent power. You cannot run with something that is based, in intermittent is the definition of solar or wind because the sun doesn’t shine at night, and the wind doesn’t blow every day, and you can have you have it. And so we we in America, we became dangerously close to that right now.
Speaker: 2
17:39
We’ve got parts of our country that are at risk for those same kind of of what I’ll call the Biden brownouts and blackouts to happen because we over ai the intermittent and we over regulated, all of the base load in an idea to, quote, save the planet, and all we’re doing is potentially putting our own country at risk.
Speaker: 1
17:57
So it was regulatory action that’s been taken. And I’ve got to imagine it’s not just the Biden administration. This has to go back because this is in thirty five years in this country, we only added point six terawatts of electricity production capacity to the grid. What’s gone on in this country that’s made it so hard for us to operate more efficiently in terms of adding new energy capacity to the grid?
Speaker: 1
18:18
Is it regulatory only? Or are there capital, social, and other reasons that this has become a challenge for us?
Speaker: 2
18:24
Well, the the regulatory, attack was a whole of government. So it did attack the formation of capital. I mean, you you came up with regulatory rules that made it impossible for for base load power, from fossil fuels even, you know, get a permit. Well, if you can’t get a permit, then you can’t get the access to capital. You can’t get access to insurance.
Speaker: 2
18:43
And then you had, you know, protests and social media and everybody going online saying, oh, we’ve gotta exit from all this. And the same phenomena happened in Germany. It’s I think it’s very clear right now that a lot of that a lot of what I call the social media bryden, concerns were part of, you know, ai ops operations from places like Russia.
Speaker: 2
19:02
I mean, it was Russia’s great advantage to get Germany to shut down nuclear, to shut down all their coal production. And, hey, we have a solution. Just buy all your natural gas from us. So Germany spent, a half a trillion dollars, 5 hundred billion dollars on the, quote, air quotes, transition to to green energy.
Speaker: 2
19:20
They were transitioning to wind and tyler. Half a trillion, 5 hundred billion dollars. They today produce 20% less electricity and that electricity cost three times as much as it did before they began the transition. And now we have the the war, you know, with Russia and then Ukraine. What are they doing? They were scrambling to try to reopen coal plants.
Speaker: 2
19:39
They were scrambling to try to get back in the nuclear game. They were saying, ai, we overshot the mark. We went too far. Again, highly subsidizing, intermittent sources. And so it it’s ai, I think part of the awakening that is occurring right now is that if the the greatest existential threat to the planet and to America is not one degree of climate change in the year 2100, because guess what?
Speaker: 2
20:01
Innovation will solve will solve any challenges that we have with climate change, with innovation, sana and we won’t have innovation without electricity. And actually losing the AI arms race to China, is the real threat.
Speaker: 1
20:13
I do agree with you. I’ll be declarative on this because a lot of people ask me. I started a company called The Climate Corporation. We talked a lot about climate change. I believe deeply in a lot of this climate science, but I also believe more deeply that innovation will solve a lot of the challenges that may ai, and there’s a whole series of solutions that are developing.
Speaker: 1
20:32
And we can talk a little bit about some of those longer term solutions that ultimately yield to unlimited free scalable energy production. And when that happens, you know, all bets are off.
Speaker: 2
20:44
No. And and some of that could be And we
Speaker: 1
20:45
have line of sight to that. Yeah.
Speaker: 2
20:46
And some of that could be coming in the next decade. It doesn’t help us today because today, we’ve gotta shore it up. And I think one thing that, you know, having spent thirty years in tech, we never used more than 1% of the nation’s electrical production. And it was because, computers were getting more meh.
Speaker: 1
21:01
Yeah. Tech. The tech industry.
Speaker: 2
21:02
Yeah. Tech industry. We’ve used 1% and no one paid any attention. And the tech industry didn’t pay any attention to power generation because they didn’t have to because PCs got more efficient, software got more efficient. And then America was rich. We’re everyone’s buying appliances that were more efficient. So there was wasn’t ever really a demand curve on electricity.
Speaker: 2
21:20
But then today, with AI, the demand curve is just flying in the face. And when I was at at, CERAWeek, which is the biggest, energy conclave, when I was speaking to the group, I said there’s something different here this year. And what’s different is the five biggest tech companies in America showed up at that conference with $300,000,000,000 of CapEx. You know, the big ones have got ai.
Speaker: 1
21:45
70 5.
Speaker: 2
21:46
Meh. Ai a piece, you know, for the top ones on that chart. And and I’ll reflect back to not that long ago, couple decades ago, I was a corporate officer at Microsoft for seven years. I never went to a CapEx meeting.
Speaker: 1
21:58
Right.
Speaker: 2
21:59
Somebody said, well, weren’t weren’t you invited? I said, no. There were no CapEx meetings. You know, we hired salespeople and software developers. And if we needed an office in Singapore or Munich, we rented it, leased it. And so there was no CapEx. And now they showed up at that conference.
Speaker: 2
22:12
And I had speak to all the executives and said, look. These guys aren’t here trying to sell you software. They’re your biggest customers. They need power, and they will do anything. And the regulated, power providers and some in the industry, I’ve just have never seen a demand curve.
Speaker: 2
22:26
So it’s like a collision between high-tech and the power generation in America. Yeah. And and coming from that, we’ve gotta figure out a way to break through this.
Speaker: 1
22:33
We just got back from DC. There was this Hill and Valley Forum this week. Every single speech, every single talk, every conversation in the hallways was all about the energy demand coming from AI. I don’t think the public ai, I don’t think the broad business community realizes how energy hungry AI is and how this is gonna ramp up ai no one’s ever seen in history.
Speaker: 1
22:55
And ai the way, we haven’t yet seen the ramp up of robotics and automation. There’s gonna be a breakthrough in the next year or two that’s gonna unleash this additional demand curve. We’re gonna have a hundred million robots in The United States. They’re all electrified. They all gotta get charged up. That power’s gotta come from somewhere.
Speaker: 1
23:11
So this feels like a massive challenge for America, like going to the moon, fighting World War two in Europe. A Manhattan Project style set of solutions are needed to address this. What is this council that you’re leading, the National Energy Dominance Council, doing? What are ai of the top three things that you think unlock the energy potential in The United States and meet the demand curve that’s ai tidal waving its way across this country right now?
Speaker: 2
23:42
Well, I’d say that the the good news is that we have a president of The United States that understands this.
Speaker: 1
23:49
Yeah.
Speaker: 2
23:49
And that’s why on day one in office, he declared an energy emergency. Some folks that aren’t familiar with what you’ve just described, this awareness that we’ve we’re facing a crisis, we’re, you know, questioning whether we had an energy emergency. But as you’ve just described, we have a huge one relative to our grid, grid stability. We don’t have enough power to win the AI arms race.
Speaker: 2
24:10
An AI arms race means without that, we lose the defense battle because it’s not just robotics in manufacturing. You know, if we’re gonna have a bryden dome, if we’re gonna have any, you know, ability to defend ourselves from hypersonics or, you know, protect our fleet, around the ocean, not to have them all wiped out in the first hour of a conflict, we have to have AI, both targeting in a defense standpoint.
Speaker: 2
24:35
So you can’t separate defense from AI anymore either. So this is it’s mission critical. So with that with that energy emergency, then we have to pull out all stops. So back to NEDC, which ai the way, for those that are easy to remember, it’s ai ACDC. It’s NEDC, and then we could even have a little lightning bolt in the logo.
Speaker: 1
24:52
I don’t know if you’re gonna get there, Ai. But But,
Speaker: 2
24:54
you know, t shirt have t shirts with
Speaker: 1
24:56
the big ai make that t shirt for you. I’ll wear it. Ai mean,
Speaker: 2
24:58
I think it’s You guys ai swag on this podcast. I think that’s gonna be the new one, new bestseller. Anyway, with with the You could sell that sai. You know,
Speaker: 1
25:06
we could fund a new energy program.
Speaker: 2
25:08
Yeah. We go.
Speaker: 1
25:08
Yeah.
Speaker: 2
25:08
With with the but with with our we’re not an organization. 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 ai say white glove concierge service.
Speaker: 2
25:28
Help them get the permit. Help them get started. The capital is there. It’s often a regulatory thing that’s stopping, you know, like natural gas getting into New England. We’ve got I mean, we’re never gonna build an AI data center in New York or in New England if the price of natural gas is three times higher than it is in Pennsylvania.
Speaker: 2
25:46
And yet they’re still campaigning on, hey. We blocked this natural gas pipeline. You know? I mean, everybody in Pennsylvania loves that because they’ll get all the data centers. They’ll get all the advanced manufacturing. I mean, we’ve got, you know, in Arizona, you’ve got, you know, the TSMC plant coming there. That’s gonna require enormous amounts of power.
Speaker: 2
26:04
People wanna put data centers there. And yet, you know, their utility is just shutting down a coal plant. And it’s like, okay. How are you gonna power this stuff? And so one of the goals we have is don’t shut down any more base load.
Speaker: 2
26:16
Preserve what we have, and help, you know, get other get new sources of power permitted.
Speaker: 1
26:20
Does that include nuclear? Some of the reactors Yes. Yes. Shutdowns that are planned?
Speaker: 2
26:24
Yeah. We gotta keep everything going. We gotta go fast on the small modular nuclear. And but again, that’s really kind of in the twenty thirties. So there that’s that’s in our next it’s it’s in the important, but it’s a little less urgent. We need to fast track all that stuff.
Speaker: 2
26:38
Long term, that’s where the solutions will likely lie. But in between now, 2025 and 2030, a lot of it’s gonna come back to LNG because the the fastest thing we can get online, for more electricity generation is, LNG power plants.
Speaker: 1
26:52
LNG power plants. So that’s number one. I mean, just to frame things up for folks, you know, you mentioned the city of Denver utilizes about a one gigawatt of of electricity. A standard gen two scaled nuclear reactor facility is producing about a gigawatt. And these small modular reactors, these SMRs as they’re called, that China now has demonstrated ai megawatts.
Speaker: 1
27:13
They can be small. They can be located in an office complex or Mhmm. In a downtown area of a city, and they’re designed to have redundant systems for safety and not having meltdowns and so on. Talk a little bit about the opportunity for nuclear. You know, you’re saying the twenty thirties. Meanwhile, China’s got several hundred that they’re in construction on.
Speaker: 1
27:31
There’s clearly technology available today. Uranium is not hard to get. We have a lot of it. Thorium is not hard to get. We have an incredible amount of thorium.
Speaker: 1
27:39
Those are the two fuel sources. Why can’t we move faster with nuclear? What’s the holdback? And why is The US so different than China in being able to scale up nuclear?
Speaker: 2
27:49
A big difference is, again, back to the regulatory environment. I mean, the the regulatory environment on nuclear, has been so burdensome, in terms of adding to the cost sana the time frame of bringing it on. And then when that cost was put on to a utility and then utility felt they had to put that back on the rate on the on their on the, the rate payers, their consumer customers, there was in some ways a revolt.
Speaker: 2
28:13
And it wasn’t safety related. It was like, oh, you want nuclear, but now my electricity is gonna cost twice as meh. I’m not for that. So we have to be able to get that regulatory regime down and allow them to go faster. And, of course, on the SMRs, once that design gets approved, we should be able to have essentially ai a manufacturing where we’ve we’ve we regulate the design, the design is proven and proved out.
Speaker: 2
28:35
As long as the manufacturing plant is producing that same design, then we don’t have to do the stick built shah up, you know, you work for a week, the inspector shows up, oh, this is off by, you know, one millimeter, you gotta redo it. I mean, some of that is where you end up with doubling of cost.
Speaker: 2
28:50
I mean, you can’t I mean, some of the projects that have just been completed, you know, that took, you know, close to two decades on nuclear and then had doubled the cost and doubled the time.
Speaker: 1
28:59
Yeah.
Speaker: 2
29:00
You know, that’s that’s not economically sustainable. So part of it is we’ve got to streamline the process. But these smaller amounts, they can be daisy chain. They could be great solutions. And then the other piece which you love about having the small modular hookers, we can spend money on power generation as opposed to money on transmission.
Speaker: 2
29:15
Because transmission is also it’s really hard to build a transmission line in this country because whether it’s a linear infrastructure which includes natural gas pipelines, c o two pipelines, oil and gas pipelines, or transmission lines, those would become the focal point for protests because if they have any nexus, an 1,100 mile long pipeline could have one mile that touches federal ground.
Speaker: 2
29:39
That is where the protest is gonna occur.
Speaker: 1
29:41
So going back to your deregulatory, action, can you do that in the seat that you’re in? Who can take that deregulatory action? Do you need congress to get involved?
Speaker: 2
29:51
I I’ve got a great partner, Chris Ai, incredibly talented, arguably, the most qualified secretary of energy we’ve ever had leading that effort because the Department of Energy has got most of the responsibility related to nuclear because they also are in charge of our nuclear ai. I mean, for the military. I mean, DOE has got direct defense responsibilities.
Speaker: 2
30:13
And and as part of that, they we’ve also got the 15 national labs, and there’s been great work that’s happening in Los Alamos, in Scandia. I mean, you know, you go around the whole country, and we’ve got an incredibly talented group of people. And and research dollars have been flowing, but we’ve gotta get some of that commercialized and out to the public.
Speaker: 2
30:32
So but again, you think of it literally as a Manhattan project. These were the these were the places where we did the Manhattan project. When you think of Los Alamos and others. So we’ve gotta mobilize these government agencies to help us on the current the current crisis we’re facing, which is this, energy emergency.
Speaker: 1
30:48
We should talk to Chris Wright. Yes.
Speaker: 2
30:49
You should.
Speaker: 1
30:50
And then what’s your what’s your point of view on the ai for the SMRs? Do you think it’s 2035, ’20 ’30? When you have that approved design and you stamp them out, it’s 2040 or is it still
Speaker: 2
30:59
Well, the fun thing when we the fun thing when we meet with all of these, people in the nuclear industry, if you were doing this five years ago, you’d have been talking to regulated utilities. Today, you can talk to a venture funded venture funded startups. Yeah. And there’s at least 10 that are out there today, that are chasing new designs.
Speaker: 2
31:16
There’s people that are changing chasing not just fission but fusion. And so all of that is exciting. And if you think about our think of us having an airbase in Alaska. I mean, think of being able to daisy chain some SMRs there and not having to build transmission. Right.
Speaker: 2
31:30
I mean, the applications for the military purposes and for other and then if you have distributed, it’s harder for the enemy to knock out your power source because it’s not all sitting in one spot.
Speaker: 1
31:40
Do you think America has a risk tolerance problem? My view is we’ve gotten so wealthy and comfortable, and we have such prosperity in this nation. Just like what happened in Europe, you eventually say, I don’t wanna take any risk anymore, and everything gets regulated to the point that you don’t wanna have any damage or hurt or downside.
Speaker: 1
31:58
Ai, this is the whole thing with self driving cars. Elon just put out a tweet saying he’s seeing one car crash every 5,000,000 miles or something on self driving versus 1,000,000 miles when there’s not self driving on. So it’s a safer technology. But the focal point is if it’s new technology and it causes any harm or any loss, it’s worse versus looking at the calculus of the whole.
Speaker: 1
32:19
Have we lost that ability as a country, and how do we gain leadership to rethink a risk taking America again?
Speaker: 2
32:27
Well, I I know if we’ve lost it or it’s just the the numeracy of being selective about what industry or what form of transportation. Because on the automobile side, again, we’ll track this year between thirty eight and forty thousand deaths on highways in America. Half of those are because of impaired driving either from people texting or or, you know, impaired drug or alcohol use.
Speaker: 2
32:48
And and apparently, everybody’s okay with that because, you know, we lose a hundred people a day and there’s never a story about it. I mean, more than a hundred people a day. Yeah. But, you know, if you lose 70, you lose seventy people in the first first airline crash in twelve years in America and we’re still talking about it three months later.
Speaker: 2
33:06
Because because that somehow that is news and and people dying on highways is not. And and and and a nuclear, it’s the same thing. I actually checked on this because, of course, we’ve had no new no deaths from anything related to nuclear power in our country, Yeah. In the in since inception.
Speaker: 2
33:23
But
Speaker: 1
33:25
the
Speaker: 2
33:25
the best I can find on the federal safety statistics is there’s about thirty seven people that have died from getting angry at vending machines and then pounding on them, and then they tip over and fall on them, literally. And they and they crush them. Where do you find that stuff? Yeah. You just go go go go search ai, but it’s it’s out ai.
Speaker: 2
33:43
I think, but it means ai sai so it’s like if you’re if you’re afraid of nuclear, you know, then take a wide bird if you see a vending machine, steer clear of it. And they’re the same thing. I mean, I when I was when I was, you know, campaigning for president Trump and I said I was pro nuclear and someone said, well, would, you know, oh, really?
Speaker: 2
34:00
But would you live near one? Would you raise your family near one? And I said, well, I would. And they said, well, how can you say that? I said, well, I raised them on a farm in North Dakota and our farm was near a road.
Speaker: 1
34:10
And they said, what what what do
Speaker: 2
34:11
you mean a road? I said, well, there’s
Speaker: 1
34:13
It’s more risky than a nuclear power
Speaker: 2
34:14
plant. Yeah. Yeah. It’s, like, way more. I sai, when the kids were out if they were out on a, you know, going to going to a dance at ai school on Friday night, I was worried about them not on the road, not not about anything else.
Speaker: 1
34:24
Okay. So the the the the crisis that we’re in from energy is not the only crisis America face. We’re facing a a debt and deficit crisis, that’s gonna challenge this nation in ways we’ve never been challenged before. 38,000,000,000,000 of debt, $6,750,000,000,000 budget, $2,000,000,000,000 deficit.
Speaker: 1
34:39
The numbers are staggering. It’s frightening. There’s a lot of economic studies that show you can’t tax more than 18% of GDP or else you lose GDP. We’re at that point. You’ve talked a lot about America’s balance sheet as a way to unlock opportunity to grow GDP and grow our way out of this deficit debt problem.
Speaker: 1
34:58
Talk a little bit about what you mean when you say America’s balance sheet, and what does that entail?
Speaker: 2
35:03
Well, first of all, I love, David, the way you’re framing it. And I would just add, you know, that $2,000,000,000,000 deficit means that in the last year of the Biden administration, two thousand billion two thousand billion more was spent than came in. And and coming in, we have other ways to bring money in other than taxes. And how is that possible? Well, it’s because of America’s balance sheet.
Speaker: 2
35:26
Our balance sheet isn’t just the financial assets. It includes the fact that just within interior alone, there’s 500,000,000 acres of surface land within throw in US Forest Service sai another 200,000,000.
Speaker: 1
35:37
That’s ai nearly a third of US land.
Speaker: 2
35:40
Yes. And then we have, 700,000,000 acres of subsurface, sometimes connect continuous and some discontinuous, but we own all these minerals that are underground. Then there’s about, you know, between two and a half and 3,000,000,000 acres of offshore that contain critical minerals and oil and gas minerals.
Speaker: 2
35:58
All of that is under the federal purview. If interior was a stand alone company, it would have the largest balance sheet in the world by so far. I mean, you know, Saudi Aramco wouldn’t even come close. And then you say, okay. Well, that’s if you have this this we all know about the $38,000,000,000,000 in debt.
Speaker: 2
36:14
It gets, you know, hammered all the time. It’s used in campaign things. But I was, you know, even at the Hill and Valley Conference this week, I without asking the audience, okay, how many, you know, how many know the 38,000,000,000,000? Everybody’s how many of you know what our balance sheet on the asset side is?
Speaker: 2
36:31
Well, nobody knows because none of the senators know because we haven’t calculated, but we’re working in the Trump administration to try to come up with that number. And in in one estimate this week is we think just on a just on public land alone, there may be $8,000,000,000,000 of coal resources.
Speaker: 2
36:46
And I know coal is sometimes, you know
Speaker: 1
36:49
It’s a dirty word.
Speaker: 2
36:50
It is. But, you know, as, we need to also remember that if we’re gonna have steel in this country and we need and we all agree, we have need to have a steel industry. We need to have for defense. We need to have it for advanced manufacturing. We also need to have a shipping industry that comes back to our country.
Speaker: 2
37:03
You need steel for that. Well, guess what you make steel out of? Well, part of it you may get out of you need you need coke and coke comes from a certain kind of metallurgical coal. So if we kill the coal industry, you can’t have a steel industry unless we’re gonna have somebody ship metallurgical coal to us.
Speaker: 2
37:17
In the coal resources around our country, the coal is also filled up with the critical and rare earth minerals, that we need to go in this battle with Ai. Particularly now with Ai, just in weeks ago, putting on export controls on a number of minerals that we need for doing things ai, you know, batteries that we need for electric motors for whether it’s cars or home drills or or, you know, rockets, missiles.
Speaker: 2
37:38
I mean, the the the the, the magnets that that are at risk now because we became so dependent on China. So when you take a look at the the this balance sheet, you know, we need it for defense, we need it for national security, but Theodore Roosevelt who was instrumental in putting away these hundreds of millions of acres in the original intention that said this was there for the benefit and use of the American people.
Speaker: 2
38:01
And it all he also said very explicitly that that conservation meant meant, you know, in sustainable use, not just preservation. Because we saw what happened, you know, following the, the the extremism that that landed around the spotted owl, which is, oh, we’ve gotta stop not just the harvesting of certain old growth timbers or and it killed the timber industry in America.
Speaker: 2
38:25
And when we killed it back in the nineteen nineties, then and it’s never come back. And now what’s happening thirty years later, because those timber companies that would get a lease from the Federal government, they would have the responsibility for going in and thinning and cleaning sana that.
Speaker: 2
38:42
And they would send a check to the federal government. We’d have revenue. Instead of revenue today, we have expense. We burn more board feet of lumber in this country every year right now than we are harvesting.
Speaker: 1
38:54
Because of Because of the ai.
Speaker: 2
38:56
Because of uncontrolled ai. And then the uncontrolled wildfires are some of our biggest emitters, you know, in terms of c o two. You burn a tree, it releases the carbon. So again, the folks that wanted to, you know, reduce emissions, save the planet, you know, help the ai, we’re actually doing the opposite of that.
Speaker: 2
39:11
So we have to get back in the business of of, you know, grazing our lands, managing our forests, developing our our our resources and our critical minerals, getting back. We have to mine again in this country. Mining can’t be, you know, if we wanna be a strong country, we’ve gotta do that. And, of course, oil and sai.
Speaker: 2
39:28
You do all of those things that I just named. All of those involve selling a lease to a private company, they send a check, and then they develop the resource, and then they send us sai royalty. 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.
Speaker: 2
39:45
They have sent $1,200,000,000 to the US Treasury over the life of their company. You know, show me a tech company that’s done that. I mean, impossible. For a
Speaker: 1
39:53
lease to access that resource.
Speaker: 2
39:54
Well, the the lease and and they they lease it upfront, so they write a check upfront to have the to have the opportunity to take the risk. They take all the risk. They build the platform. They hire the people. They do the seismic. They figure it out.
Speaker: 2
40:06
And if they hit a dry hole, it’s all in them, taxpayer, nothing. But if they score, then they pay us a royalty. And what do we use that for? We use it for, you know, we use it for paying down the deficit and the debt. We also use it for coastal restoration.
Speaker: 2
40:17
You know, along this beautiful Gulf
Speaker: 1
40:19
Coast coastal restoration with that.
Speaker: 2
40:21
The dollars go back to the states. The largest funder of coastal restoration in this country is the oil and gas industry, you know, here in The Gulf. So again, the you know, if like I said, you’d if you’ve driven on a inter on an interstate highway in your life or if you’ve gone to a public school, you should send a thank you note to the the natural resource industries because they were helping to pay for that.
Speaker: 2
40:42
But what’s happened? If I if there’s a hundred trillion dollars on the balance sheet, just say vatsal. And and now and you’re a finance tech venture guy, you could say, okay, we’ll we’ll allow, the federal government to be the worst. You guys can have a 1% return on your natural assets. That would be $1,000,000,000,000. K? Last year, Interior brought in 22,000,000,000.
Speaker: 1
41:04
So So
Speaker: 2
41:05
we’re off we’re off by a factor of 50 from having bad performance on getting a return on investment for the American people.
Speaker: 1
41:12
I guess, you know, the assets only count if you can access them, utilize them, monetize them. We all know from a finance perspective, there’s goodwill ai could sit on an asset line and doesn’t mean anything.
Speaker: 2
41:22
Right. At the
Speaker: 1
41:22
end of the day, if you can’t monetize it, it’s not worth much. So how do you think about the target you’re going after? Is it a trillion? And then when do you develop and deliver a plan to the American people that says, guys, here’s our target. Here’s when we’re gonna get there.
Speaker: 1
41:37
Do you think about it that way?
Speaker: 2
41:38
We don’t have a target yet because we don’t even know what the base unused resource is. Sai mean, we’re trying to get our hands around, you know, what what is our timber worth? What is our, you know, oil and gas? And that goes back to the core mission of the US Geologic Survey. Its original core mission was to map.
Speaker: 2
41:52
So when we say it’s, you know, it’s it’s map, baby, map, because then that can tell you, you know, where you’re supposed to mine, baby mine, where you’re supposed to drill, baby drill. But getting back to the mapping and working with the private sector, who’s outstripped who’s outstripped.
Speaker: 2
42:05
I mean, ground penetrating radar, is, you know, a new advancement, that’s, you know, more accurate than seismic and less intrusive. And we need to really understand what America’s balance sheet is, and some of that’s gonna take some work for us to get out there and really survey it.
Speaker: 2
42:19
And and then when we have that, that’s public domain. Publish that information and that’ll help the private sector steer where they should put their resources to help develop this.
Speaker: 1
42:28
Let’s talk about mining. The United States used to mine. Mhmm. You and I had a dinner a couple weeks ago. You gave me a statistic, which I hadn’t heard before, which is we only graduate 200 people in degrees in mining today. Why did we stop mining? Why did we stop developing our own natural resources and shift to a model where we’re buying dependent and now have critical supply chain dependencies?
Speaker: 1
42:51
What happened in The United States?
Speaker: 2
42:53
Well, I think there was, there there was some you know, our country was, a powerful and great ai, and it was when you think back to, you know, even the early nineteen hundreds, you think about where we were, you know, what we were doing in gold and silver and then, you know, through World War two. And even up into the nineteen eighties, we were still very strong as a mining country in a mining industry.
Speaker: 2
43:13
And then and then, there were some environmental issues, that environmental awareness. You had some superfund ai. And and it just became, you know, one of the focal points of the attack of of, of of hay, then it sort of was all sudden all mining was bad as opposed to one operator in one location, that, you know, maybe wasn’t maintained right.
Speaker: 2
43:32
And so then I think whether it was young people choosing careers or whether it was press, what whatever, but then the regulatory environment piled on in a heavy way to the point that, you know, it’s just ai 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 twenty nine years ago.
Speaker: 1
43:54
Wow.
Speaker: 2
43:54
I mean, this is this is this has gone three decade long saga to open up a copper mine. And guess what? We need copper more than we’ve ever needed before. I mean, it’s it’s part of, you know, every electric motor. It’s a part of all of the advanced stuff that we’re building. And and sai, I mean, it’s thrilling that we’re gonna open a copper mine in America.
Speaker: 2
44:12
And then some of the mines that have barely hung on, but are still going, whether it’s gold or silver, or others, uranium in some cases, along with that mining process, there are critical minerals that are adjacent. I mean, we can add a critical minerals refining because it’s not just that we aren’t mining those raw materials.
Speaker: 2
44:30
China has got the corner on the refining, not just ai to refine. So when they’re in they’re in the, you know, the the Congo in Africa pulling out those those those those research rich minerals, they’re bringing those back to China. We’ve got examples of companies in America that were mining in Meh, but there was no process. They were sending that to China and China was doing the refining.
Speaker: 2
44:50
Well, now we’re in a we’re literally in a in a in a war around these critical minerals which we need for defense, and and we don’t have a stockpile. So part of what we’re concerned with right now and they said, you know, how do we get capital flowing back to mining? How do we start building stockpiles in America the way we have the strategic petroleum reserve across the top 20 most important critical minerals?
Speaker: 2
45:10
And then how do we derisk it, you know, if someone’s gonna get into mining? And do we need, like a sovereign risk insurance, but not because you’re working overseas, because you’re working here? Because the next administration may use an EO to wipe out your mine. And sai, again, giving giving a capital providers the confidence that if somehow they’re regulated out of business, they’ll get compensated through an insurance program.
Speaker: 1
45:33
And what about in your role administering the EPA, looking out for environmental standards, protecting our environment, protecting our communities? There were toxic Superfund sites. What’s the thinking from your point of view on making sure that we’re doing this in a clean way and how important that is in this calculus?
Speaker: 2
45:50
Well, Lee Zeldin, our EPA administrator is is also a key part of the Energy Dominance Council as is about half of the cabinet. I mean, we’ve got, you know, Howard Lutnick, Scott Bessent, Brooke Rollins, you know, from Ag with US Forest. I mean, there’s about literally about half the cabinet.
Speaker: 2
46:07
Transportation, Sean Duffy’s on there. Everybody’s, you know, part of this team of trying to solve this larger complex thing. But But I would say that the one thing we forget about when we often there’s these national discussions, which is that every state also has a regulatory environment.
Speaker: 2
46:22
And in my time as governor, one thing I learned was that there was I had I never met a bureaucrat from DC that cared more about the land, the water, the soil health, or the air in our state than the people that ai there and the people that work for our own DEQ. And so when people say, oh, we’re, you know, we’re reducing headcount of the EPA, the world’s gonna fall apart. No. We have two issues with regulation.
Speaker: 2
46:43
One is is the overreach, which is you have people going beyond the law on their original charter and regulating things, you know, regulate when they’re supposed to be regulating water, and I need and a water permit should be about turbidity and temperature, and is the fish in this area gonna be affected as opposed to, oh oh, we’re not giving this permit because we’re worried about climate change because the thing in your pipe is natural gas.
Speaker: 2
47:07
I mean, that’s a real example. That’s how Cuomo knocked out a a permit that was, you know, way beyond what the law said. I mean, if there was an issue with how the company was crossing a water course, like 38,000 other LNG crossings of of water courses in Meh. If there’s a real problem, then tell them that, and they’ll horizontally direct drill at 50 feet below the bottom of the river.
Speaker: 2
47:29
It’ll never touch the river and give them a permit. Instead, they’d be like, ai, you you know, there’s no permit because we’re concerned about climate change. That’s overreach. But the overlap that occurs every day is that the federal government infrastructure is overlapping with the states and there isn’t a need to do both of those things.
Speaker: 2
47:44
And and you might, you know, go a path for, you know, two years, three years and get your federal permit and then find out, oh, that a state like New York is is not gonna provide it. Or you might get a a permit in six months in a in a state that’s that can efficiently do permitting, get all the work done, and take care of everything, and then find out that the federal government’s gonna sit on it for an entire presidential term because they’re ideologically opposed.
Speaker: 2
48:08
When we do that to ourselves, then we have no chance against a country like China that is focused on on on an outcome, which is they’re gonna achieve prosperity. They’re gonna achieve, all of their environmental goals by having the power to have all the solutions as opposed to, the, the environment we have now, which restricts that that innovation.
Speaker: 1
48:28
President Trump’s, just finished his hundred days in office. Are you glad you took the job? What’s been most surprising for you since you’ve been in the role?
Speaker: 2
48:38
Well, I’m I’m having a blast, and I’m thrilled to be in this position where we can have an impact. You know, you get up every day, and it’s a little bit like the old, you know, World War two, you know, Marines in The Pacific would say, you know, the you know, we’re in a foxhole, the bad we’re in a foxhole, we’re on a beach.
Speaker: 2
48:53
The bad news is, you know, we’re surrounded. The good news is we can attack in any direction. And and so every day you can get up and go make a difference in in people’s lives. And and that’s and for anybody that’s in tech or anybody that’s listening, you know, that poo poos public service, they had to really think about the fact.
Speaker: 2
49:09
I mean, we need people that are, as Teddy Roosevelt said, that are willing to get in the arena. Because in these jobs, that are really purposeful, you can make a difference for a lot of people, thing. But what’s surprising about the job was I I knew that the from a tech standpoint, because I lived through it eight years in North Dakota where where where state government wasn’t up to speed on just basic technology and basic business systems and all the things that that, that that reduce productivity and create, Ai I will say saloni for state or federal employees.
Speaker: 2
49:42
I mean, we we ask 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 sectors had.
Speaker: 1
49:51
Right.
Speaker: 2
49:51
And so it’s not ai that anybody’s bad, bad people, but you could get rid of 20% of this of the quote work by just bringing in the tools that are there. I mean, you could have 20% less speak, then the people would have a more meaningful, more ai job.
Speaker: 1
50:05
More productive.
Speaker: 2
50:06
Yeah. All of those things. And so what I thought was it can’t be worse than it was in North Dakota. And then I got into the at least in the Department of Interior, and we are we are further behind. I mean, that we’re gonna you know, this is a the land of, you know, decommissioning mainframe, and then we could just, you know, take them straight to the Smithsonian to the nineteen eighties exhibit.
Speaker: 1
50:26
I had dinner with a couple CIOs, CTOs that are that have now been put in the government, and, the stories are incredible. Totally echo what you what you’re saying. Secretary Burgum, thank you for this opportunity to join you here on this beautiful day. I really appreciate the work you’re doing.
Speaker: 1
50:40
It’s fantastic to hear that there’s someone in the administration with your perspective, your experience doing this work. And so I just wanna say thank you.
Speaker: 2
50:48
And and, David, I wanna return that. I wanna thank you and all your compatriots at All In because, you’re you’re really, allowing an opportunity for America to have a dialogue that goes deeper than the sound bite. Yeah. And I I think that, all of you may underestimate the impact that All In has had. I know that, that it’s a you’re influencing policy.
Speaker: 2
51:08
You’re you’re, you know, helping people understand the complexity and both the opportunities and the threats of big things that really matter to all Americans. And so and and thank you for being so well informed. Thanks for coming all the way down here to Louisiana to share this beautiful day on the coast.
Speaker: 0
51:22
Thanks, Doug. Thank you.
