Sec. Wright: Dems ‘Made Political Choices for Expensive Energy’ Over Their Constituents

BARTIROMO So what s ░░░░░░░░ timing on unleashing all ░░░░░░░░ this energy capacity in ░░░░░░░░ Secretary I know this ░░░░░░░░ time these are long ░░░░░░░░ projects But President Trump ░░░░░░░░ to as he always ░░░░░░░░ drill baby drill And ░░░░░░░░ also wants to have ░░░░░░░░ opportunity to be able ░░░░░░░░ export natural gas LNG ░░░░░░░░ Europe and other places ░░░░░░░░ want to get your ░░░░░░░░ on that because you ░░░░░░░░ got low storage builds ░░░░░░░░ the E U no ░░░░░░░░ ceasefire and yet we ░░░░░░░░ seeing stability on prices ░░░░░░░░ president wants to unleash ░░░░░░░░ this capacity When will ░░░░░░░░ happen And when would ░░░░░░░░ expect that the U ░░░░░░░░ could actually export some ░░░░░░░░ this LNG to Europe ░░░░░░░░ example WRIGHT Well U ░░░░░░░░ natural gas production is ░░░░░░░░ an all time high ░░░░░░░░ So gas production is ░░░░░░░░ growing I was down ░░░░░░░░ few weeks ago at ░░░░░░░░ brand new liquefied natural ░░░░░░░░ export terminal in Louisiana ░░░░░░░░ online We ve approved ░░░░░░░░ more within the first ░░░░░░░░ days of the Trump ░░░░░░░░ that will be under ░░░░░░░░ soon So boy our ░░░░░░░░ to export is growing ░░░░░░░░ We have pipeline exports ░░░░░░░░ Mexico Our crude exports ░░░░░░░░ at all time highs ░░░░░░░░ will continue to grow ░░░░░░░░ I think we re ░░░░░░░░ a good position but ░░░░░░░░ think 6 months from ░░░░░░░░ 12 months from now ░░░░░░░░ a better position And ░░░░░░░░ have a lot of ░░░░░░░░ in our country that ░░░░░░░░ t have the advantage ░░░░░░░░ low cost American energy ░░░░░░░░ that s because they ░░░░░░░░ political choices for expensive ░░░░░░░░ I don t think ░░░░░░░░ citizens of those states ░░░░░░░░ that if you re ░░░░░░░░ very high prices it ░░░░░░░░ because the politicians in ░░░░░░░░ state or surrounding states ░░░░░░░░ expensive energy policies BARTIROMO ░░░░░░░░ WRIGHT So we re ░░░░░░░░ to do everything we ░░░░░░░░ to get low cost ░░░░░░░░ to them as well ░░░░░░░░ Well I mean certainly ░░░░░░░░ you say you know ░░░░░░░░ is an important policy ░░░░░░░░ and it takes time ░░░░░░░░ I guess the next ░░░░░░░░ has to be about ░░░░░░░░ And I ve asked ░░░░░░░░ this before secretary you ░░░░░░░░ some of these executive ░░░░░░░░ that the president has ░░░░░░░░ in place could go ░░░░░░░░ if another administration comes ░░░░░░░░ and redoes it all ░░░░░░░░ know redoes these executive ░░░░░░░░ and reverses them So ░░░░░░░░ do you want to ░░░░░░░░ Congress do in terms ░░░░░░░░ codifying some of this ░░░░░░░░ law WRIGHT So permitting ░░░░░░░░ s huge We ve ░░░░░░░░ it just so hard ░░░░░░░░ build things in the ░░░░░░░░ States That hurts not ░░░░░░░░ energy but anything big ░░░░░░░░ want to build takes ░░░░░░░░ and years before you ░░░░░░░░ put a shovel in ░░░░░░░░ ground So I was ░░░░░░░░ I was on the ░░░░░░░░ yesterday meeting with a ░░░░░░░░ of members in the ░░░░░░░░ of Representatives talking about ░░░░░░░░ to make it easier ░░░░░░░░ build things I had ░░░░░░░░ bipartisan group of senators ░░░░░░░░ my office yesterday afternoon ░░░░░░░░ about nuclear energy Why ░░░░░░░░ t We have more ░░░░░░░░ power Why isn t ░░░░░░░░ nuclear renaissance happening What ░░░░░░░░ we do to get ░░░░░░░░ going So there is ░░░░░░░░ lot of things that ░░░░░░░░ want to do on ░░░░░░░░ legislative side as well ░░░░░░░░ on the executive side ░░░░░░░░ the regulatory side It ░░░░░░░░ a it s a ░░░░░░░░ think a wholesale swing ░░░░░░░░ to common sense and ░░░░░░░░ of Democrats are being ░░░░░░░░ up in this move ░░░░░░░░ common sense as well ░░░░░░░░ was very heartening to ░░░░░░░░ Very heartening BARTIROMO Well ░░░░░░░░ yeah you would you ░░░░░░░░ think so It makes ░░░░░░░░ Secretary it s great ░░░░░░░░ see you this morning ░░░░░░░░ so much WRIGHT Thanks ░░░░░░░░ BARTIROMO: “All right.”