Trump energy czar says Iran conflict gas spike is ‘temporary blip’ as drilling push ramps up
EXCLUSIVE: Despite the ongoing conflict in Iran, President Donald Trump’s "energy czar," Doug Burgum, is confident the "temporary blip up" in gas and energy prices facing Americans will come back...
By Fox News · Fox News
EXCLUSIVE: Despite the ongoing conflict in Iran , President Donald Trump’s "energy czar," Doug Burgum, is confident the "temporary blip up" in gas and energy prices facing Americans will come back down very soon as the president’s "drill baby drill" agenda takes effect. In an interview with Fox News Digital, Burgum, who leads the Interior Department and chair of Trump’s National Energy Dominance Council, said: "It’s all about supply." "You want prices to go down? Supply has got to go up," he said. To this end, he said his agency approved a record 6,000-plus drilling permits on U.S. soil, reversing the Biden administration ’s trend of increased regulation that he said had stunted the country’s energy independence. "We have a temporary blip up now because of the conflict in the Middle East , but as you heard the news earlier this morning, energy prices dropped a lot today, and stock markets [are] up and energy prices down; those are all positive things for working Americans to have those two things happening simultaneously," he said. TRUMP’S IRAN STRATEGY SHOWCASES ‘DOCTRINE OF UNPREDICTABILITY’ AMID STRIKE THREATS AND SUDDEN PAUSE Despite criticism of the president’s actions on the global stage, Burgum said these moves, such as the military intervention in Venezuela and negotiations with leadership, are going to help reduce prices for Americans. "What happened in Venezuela actually helps Americans a lot because now we've got Venezuelan oil flowing towards Gulf of America refineries in Louisiana and Texas," he said. Another major policy shift Burgum said he expects to make a big difference for Americans is the administration’s actions to "unleash Alaska." "The Biden administration had taken over 70 legal actions, executive orders from President Biden to regulatory actions, which were essentially sanctioning Alaska more than we sanctioned Iran during the last administration," he explained. Pressed on when Americans can expect to start seeing prices tick back down, Bur…