Watch CNBC’s full interview with Interior Secretary Doug Burgum

>> PRESIDENT TRUMP SAYS HE'S CONSIDERING A POTENTIAL SUSPENSION OF THE FEDERAL GAS TAX TO EASE THE PRICES AT THE PUMP. MEANWHILE, CHEVRON CEO MIKE WORTH TELLING CNBC A DIESEL EXPORT BAN WOULD BE UNWISE, SAYING IT COULD MAKE THINGS WORSE FOR THE INDUSTRY. JOINING US TO BREAK DOWN WHAT THIS MEANS FOR CONSUMERS AND FUEL MARKETS, INTERIOR SECRETARY DOUG BURGUM. HE'S ALSO THE CHAIRMAN OF SPELL YOUR NAME RIGHT. HE'S ALSO THE CHAIRMAN OF THE PRESIDENT'S NATIONAL ENERGY DOMINANCE COUNCIL. I DON'T KNOW WHY WE'RE STILL ASKING QUESTIONS ABOUT. THAT'S NOT BEING CONSIDERED A BAN ON EXPORTS OF DIESEL. THE HALF LIFE OF THAT WAS ABOUT TEN MINUTES, WASN'T IT? >> YEAH. NO. IN PRESIDENT TRUMP, YOU KNOW, HE'LL CONSIDER ANY IDEA THAT WILL HELP GET PRICES DOWN FOR AMERICANS. BUT CLEARLY THE BIG ACTION OF LAST WEEK WAS TWOFOLD. WAS HIM, YOU KNOW, GETTING ON THE CALL WITH THE G7 LEADERS AND GETTING THEM TO RELEASE 100 MILLION BARRELS OF A COMBINATION OF OIL AND DIESEL, WHICH WILL HELP SUPPLY EUROPE'S GOT A LOT OF REFINED PRODUCT STOCKS, GETTING THOSE ON THE MARKET HELPFUL. AND OF COURSE, THE, YOU KNOW, THE ANNOUNCEMENT THAT HE MADE IN NEBRASKA WITH, YOU KNOW, OPENING UP THE BROADENING THE USE OF RED DYED DIESEL, WHICH WAS TRADITIONALLY FOR OFF ROAD AGRICULTURAL PURPOSES, HAVING THAT BE AVAILABLE FOR ON ROAD. AGAIN, IF YOU LOWER THE PRICE OF FUEL FOR FARMERS AND YOU LOWER THE PRICE OF FUEL FOR TRUCKING THOSE PRODUCTS, THAT HELPS LOWER THE PRICE OF FOOD AND THE FOOD CHAIN. PRESIDENT TRUMP UNDERSTANDS THAT ECONOMICS. AND SO A COUPLE OF GOOD ACTIONS THERE. >> THAT'S JUST ON THE MARGIN, RIGHT? I MEAN, IT'S NOT IT'S NOT NOT GOING TO DO NOT GOING TO DO IT. AND HE CAN'T REALLY GET RID OF GAS TAXES EITHER, CAN HE? OR IS THAT CONGRESSIONAL. >> TAKES AN ACT OF CONGRESS? BUT I MEAN, I THINK THE BIG PICTURE HERE IS YOU'VE GOT PRESIDENT PRESIDENT TRUMP, AND YOU SEE IT EVERY DAY. YOU ALL FOLLOW THE MARKETS. BUT IT IS IS WE'VE GOT LOWER REGULATION, LOWER TAXES, STRONGER ECONOMIC GROWTH. WE'VE GOT RECORD DIRECT FOREIGN INVESTMENT PILING INTO THIS COUNTRY. I MEAN, EVERYWHERE I GO, WHEN I WAS A GOVERNOR, YOU'D BE EXCITED IF YOU HAD A $250 MILLION PROJECT. AND NOW I WAS JUST IN LOUISIANA ANNOUNCING, YOU KNOW, THE FIRST SHIPMENT OF ALUMINUM COMING FROM VENEZUELA. AND THERE'S MULTIPLE $20 BILLION CAPEX PROJECTS GOING ON, WHETHER IT'S EXPANSION OF LNG EXPORT FACILITIES, WHETHER IT'S MANUFACTURING OF INTELLIGENCE, WHETHER IT'S THE WORK THAT'S GOING ON AROUND CRITICAL MINERALS THAT'S HAPPENING DOWN THERE. SO SO THE ECONOMY THE UNDERLYING FUNDAMENTALS ARE SO STRONG. AND PRESIDENT TRUMP OF COURSE, YOU KNOW STOPPING WORLD WAR THREE BY, YOU KNOW, HERE WE ARE IN THE THIRD ANNIVERSARY OF OCTOBER 7TH. YOU KNOW, THREE YEARS AGO UNDER BIDEN, WE HAD, YOU KNOW, 24 TERROR GROUPS BEING FUNDED BY IRAN. IRAN CAN'T EVEN PAY THEIR OWN ARMY RIGHT NOW. I MEAN, IN TERMS OF, YOU KNOW, THE ECONOMIC SANCTIONS THAT ARE WORKING AGAINST THEM THEM NOW UNDER BIDEN, YOU KNOW, THE ECONOMIC SANCTIONS AGAINST IRAN JUST TURNED THEM INTO A DISCOUNT GAS. >> WHERE'S THE REAL PROBLEM WITH WITH REFINING AND AND WITH FINISHED PRODUCTS? BECAUSE WE KEEP HEARING THAT FROM, FROM EXPERTS IN THE FIELD THAT DON'T EVEN LOOK NECESSARILY AT JUST WTI. LOOK AT THE STEPS BETWEEN GETTING THAT OIL WHERE IT'S GOT TO BE AND THEN REFINING IT INTO TO WHAT WHAT PEOPLE USE, WHAT CONSUMERS USE. WHAT DO WE NEED A GLOBAL PROBLEM ISN'T IT? >> YEAH. WELL YOU'RE RIGHT ABOUT THAT, JOE. BECAUSE PRESIDENT TRUMP, YOU KNOW, WITH HIS POLICY OF ENERGY ABUNDANCE AND ENERGY DOMINANCE, WE HAVE RECORD OIL PRODUCTION IN THE UNITED STATES RIGHT NOW. SO SUPPLY ON THAT SIDE IS IS SOLVED. BUT OF COURSE, THERE'S A COUPLE OF FACTORS. ONE IS THE UKRAINE, RUSSIAN WAR, UKRAINE NOW BEING ABLE TO REACH DEEPER INTO RUSSIA WITH EFFECTIVE TARGETING. THEY'VE TAKEN ABOUT 2 MILLION BARRELS A DAY OF DIESEL PRODUCTION OFF THE MARKET ON RUSSIA. THAT'S ONE OF THE THINGS THAT'S PUTTING PRESSURE ON THE MARKET. AND WE'VE GOT TO GET MORE REFINED PRODUCT FLOWING OUT OF THE GULF. BUT OF COURSE, WE'VE GOT OIL FLOWS OUT OF THE GULF RESUMING TO PRE-CONFLICT LEVELS. SO AGAIN, PRESIDENT TRUMP, THIS IS A HUGE CONTRAST. ONE, ONE ONE PARTY WANTS MORE ENERGY, WANTS MORE MANUFACTURING, WANTS MORE JOBS, WANTS A STRONGER ECONOMY. THE OTHER THE OTHER PARTY WAS WAS ACTUALLY SHUTTING DOWN LNG EXPORTS, SHUTTING DOWN THE OIL AND GAS INDUSTRY. >> LET ME ASK YOU THIS, TREASURY SECRETARY BENSON, VERY AGGRESSIVE EARLY ON TALKING ABOUT THIS THREE, THREE, THREE PLAN. THAT'S WHAT HE SAID WAS THE PLAN. IT WAS THE AGENDA. AND I THINK BY ALL ACCOUNTS, IF YOU LOOK AT THE THREE, THREE, THREE PLAN AND THAT INCLUDES GDP, THAT INCLUDES BARRELS OF ENERGY AND THAT INCLUDES OUR DEFICIT, WE'RE NOT THERE. CAN THAT BE ACCOMPLISHED DURING THIS TERM GIVEN GIVEN WHERE WE ARE RIGHT NOW. >> WELL I'D SAY THE YEAH I'D SAY YES. THAT IS ABSOLUTELY POSSIBLE. I THINK THE GDP GROWTH COULD EVEN BE HIGHER THAN THAT. AND OF COURSE THE INFLATION YOU KNOW WE'LL SEE HOW THIS WORKS. BUT WE'RE HEADING INTO ONE OF THE GREATEST PRODUCTIVITY GAINS IN ANY OF OUR LIFETIMES. I MEAN, I SPENT, AS YOU KNOW, THREE DECADES IN SOFTWARE. SOFTWARE WAS THE TOOL THAT HELPED DRIVE GDP BECAUSE IT HELPED DRIVE PRODUCTIVITY INCREASES. BUT NOW WITH SUPERINTELLIGENCE, THIS IS GOING TO DRIVE BIGGER GAINS THAN WE'VE EVER. >> SEEN, CUTTING THE THE BUDGET DEFICIT TWO, 3% OF GDP. THAT'S A COMPONENT PART OF THIS. SO DO YOU DO YOU DO YOU LOOK AT THAT PLAN AND SAY THAT THERE'S EVEN A POSSIBILITY THAT THAT'S EVEN ON THE TABLE ANYMORE? >> WELL, I THINK THAT, OF COURSE, WE ALL KNOW THAT THE WAY WE'RE GOING TO GET A BUDGET BALANCE IS WITH IS WITH GROWTH. I MEAN, THAT'S WHERE WE HAVE TO GET TO SOLVE THIS PROBLEM. AND I THINK WE'RE GOING TO HAVE THE POSSIBILITY OF MUCH HIGHER GROWTH THAN WE'VE THAN WE'VE EXPERIENCED IN A LONG TIME OR MAYBE IN OUR LIFETIMES. I MEAN, WE'RE ENTERING A NEW ERA HERE IN TERMS OF THE ABILITY TO BUILD THINGS BETTER, SMARTER, QUICKER, FASTER, PRODUCE MORE ENERGY, QUICKER, FASTER, SOLVE PROBLEMS QUICKER, FASTER. I MEAN, IT IS WE'RE REALLY ENTERING A REMARKABLE TIME. AND I, IN MY TIME IN AGAIN, IN THOSE THREE DECADES, MOORE'S LAW WAS THE THING THAT WAS DRIVING EVERYTHING, YOU KNOW, TWICE THE POWER AT HALF THE PRICE EVERY 18 MONTHS. BUT NOW THIS IS WE HAD SOME COMPANIES LIKE KODAK THAT LOST THE SCRIPT EVEN AT THAT PACE OF CHANGE. NOW THESE MODELS ARE GETTING TEN TIMES BETTER EVERY SIX MONTHS. I MEAN, IF YOU IF YOU DISMISS IF YOU'RE A CORPORATE CEO AND YOU DISMISS WHAT SUPERINTELLIGENCE CAN DO A YEAR AGO, THEN SIX MONTHS LATER, IT WAS TEN TIMES BETTER. AND TODAY IT'S 100 TIMES BETTER IN TERMS OF WHAT IT COULD DO TO IMPROVE YOUR BUSINESS. >> WE'VE HAD PEOPLE SAY THAT AFTER THE ELECTION, THAT THE WHOLE DATA CENTER PUSHED BACK. IT'S A POLITICAL FOOTBALL RIGHT NOW, AND WE'LL BE BACK TO NORMAL IN THE BUILD OUT. WE'LL WE'LL START AND CONTINUE A PACE. THEN WE'VE HAD OTHER PEOPLE SAY, NO, THIS IS HERE TO STAY. HOW CAN THE ADMINISTRATION GUARANTEE THAT THAT PEOPLE YOU KNOW, THAT YOU'RE NOT GOING TO REGRET HAVING ONE OF THESE THINGS IN YOUR BACK YARD. YOU'RE NOT GOING TO HAVE HIGHER ELECTRICITY BILLS. HOW DO YOU TELL COMPANIES THAT THEY GOT TO SUPPLY THEIR OWN ELECTRICITY AND MAKE SURE THAT THAT IT'S IT'S A POSITIVE FOR THE COMMUNITIES THAT THEY'RE OPERATING IN? >> WELL, I THINK WE'VE SEEN. >> GREAT COLLABORATION, SUPPORT FROM THE INDUSTRY AROUND THE RATEPAYER PROTECTION PLAN. SO THE IDEA THAT RATES ARE GOING TO GO UP, I THINK THE INDUSTRY IS GOING TO TAKE CARE OF THAT. BUT I'D SAY TO I WISH EVERYONE COULD JUST COME ON A TOUR OF ONE OF THESE THAT'S ALREADY BEEN BUILT. I WAS JUST ON ONE IN NORTH DAKOTA LAST WEEK. WE WORKED ON THESE WHEN I WAS GOVERNOR, AND WE GIVE EXAMPLES OF COMMUNITIES LIKE ELLENDALE, NORTH DAKOTA, WHERE THE POWER RATES WENT DOWN. THE WATER CAPTURE ON THE ROOF INCREASED, THE AMOUNT OF WATER JOB WENT THROUGH THE ROOF. AND, YOU KNOW, A RURAL COMMUNITY OF 800 PEOPLE THAT WASN'T IN THE BAKKEN AND WASN'T NEAR WHAT WAS HAPPENING WITH TECH AROUND FARGO. JUST A RURAL AG COMMUNITY IS NOW SEEING THE MOST GROWTH THAT'S SEEN, YOU KNOW, SINCE THE FOUNDING OF THE STATE. AND THEY'RE THRILLED TO HAVE IT THAT KIDS THAT ARE COMING HOME GETTING $200,000 JOBS, WORKING IN ELECTRICAL TRADES, YOU KNOW, BUILDING HOMES, ALL THE THINGS THAT CAN COME WITH ECONOMIC GROWTH AND, AND THE, AND THE, WHERE THEY'RE MANUFACTURING THE INTELLIGENCE, AS I LIKE TO CALL IT, BECAUSE THESE ARE MANUFACTURING PLANTS, YOU KNOW, NO, IT'S NOT LIKE A, IT'S NOT LIKE A DISTRIBUTION CENTER WHERE THERE'S TRUCKS COMING AND GOING EVERY DAY. ELECTRICITY GOES IN AND THE FINISHED PRODUCT COMES OUT ON A FIBER OPTIC CABLE. SO VERY LITTLE DISRUPTION ON LOCAL ROADS, WHATEVER. BUT NOW THEY'RE THE LARGEST PROPERTY TAX PAYER IN THE ENTIRE SCHOOL DISTRICT. >> SO IT JUST WORKS DIFFERENTLY IN DIFFERENT PLACES. AND MAYBE SOME OF THE OLDER DATA CENTERS ARE DIFFERENT THAN THE NEW ONES THAT ARE COMING ON BOARD. BUT YOU DO SEE A MORATORIUM THAT'S BEEN PUT AT LEAST A TEMPORARY ONE, EVEN FROM A REPUBLICAN GOVERNOR IN TEXAS, WHO IS CONCERNED BECAUSE HE GETS PUSHBACK FROM HIS CONSTITUENTS. >> YEAH. AND I AND AGAIN, AGAIN, I ONLY LOOK AT THIS AS A LENS FROM A GOVERNOR. GOVERNORS COMPETE FOR ECONOMIC DEVELOPMENT PROJECTS. IT'S ONE OF THE GREAT THINGS ABOUT AMERICA. IF YOU'VE GOT, YOU KNOW, FASTER PERMITTING AND BETTER SITES, YOU KNOW, YOU'RE GOING TO GET THE CAPITAL AND THE JOBS FLOWING TO YOUR STATE. AND WE HAVE SOME STATES THIS IS GOING TO BE THE LARGEST CAPEX SPEND. I MEAN, THINK ABOUT THE TOP FIVE. WHEN I WAS WHEN I WAS AT ONE OF THOSE FIVE HYPERSCALERS YEARS AGO, WE NEVER EVEN HAD CAPEX MEETINGS. I MEAN, WE WERE, WE, WE, YOU KNOW, WE GREW, YOU KNOW, WE GREW NET INCOME FROM 9 BILLION TO 18 BILLION. AND I WAS A CORPORATE OFFICER FOR SEVEN YEARS, NEVER WENT TO A CAPEX MEETING BECAUSE IF YOU HAD SALESPEOPLE AND SOFTWARE DEVELOPERS, YOU WERE EXPENSING THEM. THERE WASN'T A MEETING TO SAY, WHERE SHOULD WE SPEND OUR CAPITAL? IT WAS JUST GOING BACK INTO PEOPLE AND SOFTWARE DEVELOPMENT. AND NOW THOSE SAME COMPANIES ALL HAVE BUDGETS THAT ARE ANYWHERE BETWEEN 150 AND 200 BILLION OF CAPEX FOR THE COMING YEAR. THEY WERE ALL AT 80 TO 90 BILLION LAST YEAR. SO THE LARGEST CAPEX SPENDERS IN AMERICA, IT'S NOT AUTOS, IT'S NOT MANUFACTURING, IT'S NOT MINING, IT'S NOT SHIPBUILDING, IT'S THE HYPERSCALERS. BUT WHEN THEY'RE DOING THAT AND SPENDING THAT, THAT, THAT KIND OF MONEY THAT IS DRIVING THIS PRODUCTIVITY GAIN, THAT'S GOING TO DRIVE ACROSS THE WHOLE COUNTRY AND THAT CAPITAL, THAT RECORD AMOUNT OF CAPITAL IS NOT GOING TO FALL EVENLY ACROSS ALL 50 STATES. THERE ARE SOME STATES THAT ARE LITERALLY SAYING, NO, WE DON'T WANT YOUR WE DON'T WANT SUPERINTELLIGENCE IN OUR BACKYARD. AND OTHER STATES ARE GOING TO JUMP ON THAT THING, AND THEY'RE GOING TO BENEFIT FOR DECADES AND DECADES AND DECADES. >> WHY DO YOU THINK, BY THE WAY, THE INDUSTRY AND THE POLITICAL CLASS ARE NOT PUSHING MORE ON THE IDEA THAT THE HYPERSCALERS EFFECTIVELY, I MEAN, ON A POSITIVE NOTE, COULD BE SUBSIDIZING A TRUE ENERGY BUILD OUT AND SORT OF REARRANGEMENT OF THE GRID, MEANING THAT TO ME SEEMS LIKE IF TRUE AND YOU AND YOU BELIEVE IT ACTUALLY WOULD WORK, THAT WOULD BE, I WOULD THINK, THE BIGGEST SELLING POINT. >> AND IT'S AND THE OTHER THING THAT'S ALSO AMAZING IS, OF COURSE, WHEN YOU'RE COMPETING TO GET SOMETHING TO COME TO YOUR STATE BEFORE YOU HAD TO GIVE AWAY ALL THESE FREEBIES, YOU KNOW, NO PROPERTY TAX, NO THIS, NO WHATEVER. WHEN THESE HYPERSCALERS COME IN, THEY'RE WILLING TO PAY FOR EVERYTHING. I MEAN, WHETHER IT'S HOUSING, NEED A NEW SCHOOL. >> AND THE QUESTION IS WHETHER YOU THINK THAT THERE'S JUST A SKEPTICISM THAT WE GET THE SUBSIDY NOW. BUT SOMEHOW DOWN THE ROAD, THERE'S GOING TO BE A BIGGER COST THAT WE DON'T KNOW ABOUT. I MEAN, I THINK THAT'S DO YOU THINK THAT'S WHAT'S WHAT'S PUSHING IT? OR DO YOU THINK IT'S THE JOB STORY? WHAT'S THE. >> I THINK THAT EVERYTHING THAT WAS IN ALL OF THE PUSH AROUND, YOU KNOW, WE CAN'T BUILD POWER. WE CAN'T DO WE CAN'T DO ALL THIS OTHER STUFF WHICH WAS ALL AROUND CLIMATE CHANGE. WE CAN'T BUILD A PIPELINE. WE CAN'T BUILD TRANSMISSION LINES. I MEAN, THERE'S A BUSINESS MODEL IN AMERICA BUILT AROUND ORGANIZATIONS THAT STOP THINGS FROM BEING BUILT, AND THEY USE GOVERNMENT REGULATION. THE THEY USE THE NEPA, THEY USE THE ENVIRONMENTAL SPECIES ACT. THEY USE THE HISTORIC PRESERVATION THAT WAS THE TRIFECTA OF HOW TO LEGALLY ATTEMPT TO STOP THINGS FROM BEING BUILT IN AMERICA. AND A LOT OF THAT YOU DON'T HEAR THE WORD CLIMATE CHANGE AS MUCH AS YOU DID TWO YEARS AGO, BECAUSE THAT WHOLE THING, THE LEGS HAVE BEEN KNOCKED OUT OF OF UNDER THAT MOVEMENT, BUT THEY'RE SHIFTING A LOT OF THAT RESOURCE TO TRY TO STOP BUILDING THINGS BY GOING AND ATTACKING PEOPLE THAT ARE BUILDING BIG THINGS. AND NOW INSTEAD OF THEY'RE BUILDING THE, THE INTELLIGENCE MANUFACTURING AND THE POWER BEHIND IT. BUT, BUT ANDREW, AS YOU'RE SAYING, WE NEED MORE POWER AND WE NEED MORE POWER. WE NEED MORE POWER FOR ADVANCED MANUFACTURING. WE NEED MORE POWER FOR SUPER INTELLIGENCE. WE NEED MORE POWER IN THIS COUNTRY. PERIOD. AND AGAIN, THE CONTRAST WE HAD ONE, WE HAD ONE PARTY THAT WAS ACTUALLY LOWERING THE AMOUNT OF ELECTRICITY PRODUCED IN AMERICA. IT THERE WAS NO SUCH THING AS AN ENERGY TRANSITION. IT WAS ENERGY SUBTRACTION. YOU CAN'T SHUT DOWN BASELOAD SEVEN BY 24 HOUR, SECURE RELIABLE AMERICAN ENERGY AND REPLACE IT WITH SOMETHING THAT'S DEPENDENT ON THE WEATHER AND SAY THAT THAT'S ENERGY TRANSITION. THAT SOUNDS LIKE YOU'RE GOING FROM THE SAME THING TO THE SAME THING. YOU'RE ACTUALLY GOING TO SOMETHING THAT WAS COST MORE AND WAS LESS RELIABLE. AND GUESS WHAT? YOU STILL NEEDED ALL THIS OTHER STUFF HERE. AND PEOPLE SAY, OH, BUT YOU KNOW, WHEN YOU WERE GOVERNOR, YOU ADDED SOME RENEWABLES IN YOUR STATE. YEAH, WE ADDED SOME WIND IN NORTH DAKOTA, BUT WE NEVER SHUT DOWN THE BASELOAD, YOU KNOW, BECAUSE BECAUSE WHEN THE WIND'S NOT BLOWING, YOU STILL NEED THE BASE LOAD. IT WAS JUST IT WAS ANOTHER LIE THAT SAID, WE ARE GOING TO GET RID OF, WE'RE GOING TO GET RID OF THIS THING AND REPLACE IT WITH THIS INTERMITTENT THAT THAT DIDN'T WORK. SO NOW AND AGAIN, FROM A TECH STANDPOINT, 30 YEARS OF TECH NEVER USED MORE THAN 1% OF THE NATION'S ELECTRICITY. NOW, WHEN YOU COME IN AND NOW WE'VE GONE TO 2%, 4%, 8% COULD BE GOING MORE TO DOUBLE DIGITS OF WHAT THE TECH INDUSTRY NEEDS FOR ELECTRICITY. BUT THE BENEFIT, I MEAN, THIS ISN'T A A CLASSIC DATA CENTER LIKE A BLUE CROSS BLUE SHIELD IS YOU GOT A PAIR OF PROVIDER AND A PATIENT. IT'S A, IT'S A SMALL LITTLE INTERNAL TRANSACTION. THIS IS GPT. THIS IS GENERAL PURPOSE TECHNOLOGY. THE LOCAL SCHOOL DISTRICT COULD HAVE PERSONALIZED LEARNING FOR EVERY SINGLE STUDENT. YOU KNOW, THE LOCAL HOSPITAL COULD BE DOING ADVANCED RESEARCH LOCALLY THAT THEY NEVER THOUGHT BECAUSE, OH, I DON'T HAVE A MULTI, $100 BILLION RESEARCH BUDGET. YOU COULD BE DOING MEDICAL RESEARCH AT PLACES THAT'S NEVER BEEN DONE BEFORE. BECAUSE GUESS WHAT? YOU'VE GOT THIS SUPER CHEAP ASSISTANT CALLED SUPER INTELLIGENCE THAT COULD HELP YOU, YOU KNOW, RESOLVE ISSUES. SO THE DISPERSION OF WHAT THIS CAN MEAN TO ECONOMIES, I DON'T THINK PEOPLE HAVE REALLY GRASPED IT YET. AND, AND OF COURSE, HAVING JUST TOURED A REALLY LARGE BUILD OUT, MULTI $10 BILLION PLUS DATA CENTER LAST FRIDAY IN NORTH DAKOTA, IT IS IT IS THE 2000 JOBS AT THAT SITE, 1000 OF THEM WHEN THE ELECTRICAL TRADES, WHAT THAT'S GOING TO MEAN FOR THE COMMUNITY, WHAT THAT'S GOING TO MEAN FOR PEOPLE AROUND THERE. I MEAN, THE COMMUNITIES THAT IS THE CEO OF THAT COMPANY SAID, EVERYWHERE I GO IN AMERICA, I'M A PARIAH. BUT WHEN I COME BACK HERE INTO THE COMMUNITIES WHERE WE'RE ACTUALLY BUILDING IT, I'M A HOMETOWN HERO. SO SOME OF IT IS WE GOT TO GET ON THE GROUND, GET THE REAL STORY OUT. BUT AGAIN, IT'S EXCITING. WE'RE AN EXCITING POINT. AND AGAIN, UNDER PRESIDENT TRUMP, YOU KNOW, IT'S JUST THE FUNDAMENTALS ARE ALL THERE. LOWER REGULATION, LOWER TAXES, JOBS COMING BACK, THE BALANCING TRADE AROUND THE WORLD AND CRITICAL MINERALS. I MEAN, IT'S THE OTHER THING, YOU KNOW, WE GOT THIS BIG BATTLE GOING ON WITH CHINA, BUT PRESIDENT TRUMP, THERE HAVE BEEN OVER 190 INVESTMENTS BY THIS ADMINISTRATION INTO CRITICAL MINERALS. AND THE STORY BARELY GETS COVERED. SO WE ARE WE ARE DRIVING HARD AND FAST TO MAKE SURE THAT WE'VE GOT SECURE SUPPLY CHAINS FOR THE FUTURE OF THIS COUNTRY. >> YOU GOT TO LEAVE. YOU'RE GOING FISHING. OH, NO. YOU'RE GOING YOU'RE SPEAKING ABOUT NATIONAL LIFE, FISHING AND WILDLIFE. >> WELL, LAST NIGHT WE HAD THE LAST NIGHT HERE IN WE HAD THE AN ANNUAL AWARDS BANQUET LAST NIGHT FOR THE FISH AND WILDLIFE FOUNDATION, WHICH IS OF COURSE US FISH AND WILDLIFE PART. >> HERE. >> PART OF THE DEPARTMENT OF HERE. YEAH. WE WERE THERE LAST NIGHT AND WE WERE HONORING WALMART WALMART 20 YEARS AGO SAID THAT THEY'RE GOING TO, FOR EVERY ACRE THAT THEY USED TO BUILD EITHER A DISTRIBUTION CENTER OR A STORE, THEY'RE GOING TO REPLACE IT WITH ONE ACRE OF CONSERVATION. THEY'VE ACTUALLY DONE FOUR TIMES THAT. SO 2.2 MILLION ACRES UNDER CONSERVATION, UNDER A PRIVATE SECTOR PARTNERSHIP WITH U.S. FISH AND WILDLIFE, WITH THE NATIONAL WILDLIFE FOUNDATION. BUT THAT'S LARGER THAN DELAWARE. PLUS, RHODE ISLAND COMBINED IS WHAT THEY HAVE. SO AGAIN, PRIVATE SECTOR, MARKET BASED THINGS WORK IN CONSERVATION AS WELL. >> YOU WANT GOOD CORPORATE CITIZENS. WHAT'S THAT. YOU WANT GOOD CORPORATE CITIZENS? >> YEAH, ABSOLUT