heady goals 750 billion in energy. You guys want to sell it. You want to triple energy sales to Europe in the next three years.We talked a little bit with your colleague and friend Secretary Bergam about it yesterday. But realistically, how do we do that in the United States. How do the Cheners, the Venture Globals, the Exxons, the Shells, the Seas, how do they accomplish those goals.So, number one, there's still a lot of gas from Russia going into Europe. 15% of Europe's gas supply still comes from Russia. ...

All right, let's talk a bit about this. So, we we see what the president's push is against renewable energy. However, you operate on state lands in California. You don't really operate on federal land.So, does this have an impact on your business, at least when it comes to sentiment, >> Frank. No, no impact. We we see ourselves as a different kind of energy company and we do both uh renewable clean energy and traditional oil and gas.Uh we we are the largest producer of oil in California. also the largest pr ...

Energy Policy & Infrastructure Development - The Trump administration aims to facilitate infrastructure development, including power plants, transmission lines, and natural gas pipelines, to meet growing energy demands [3][7] - Streamlining the permitting process is crucial to attract investors and ensure projects are completed efficiently, preventing capital from flowing to other countries like China [4][13][14] - The previous administration's clean power plan made it virtually impossible to build new natural gas or coal plants, hindering energy production [6] Energy Production & Market Dynamics - Private capital investments in energy have increased from $70 billion to $90 billion [2] - Pennsylvania is an energy powerhouse, but its production is limited by pipeline capacity [3] - The US relies heavily on fossil fuels, which accounted for 82% of US energy both before and during the current administration [10] - OPEC is increasing its production output by 548,000 barrels a day [14] - Current oil prices are considered favorable for global economic growth, although potentially on the lower end for American producers [15] Energy Demand & Grid Stability - There is a potential for a 100-fold increase in blackouts in 5 years if energy challenges are not addressed [5] - Energy demand is increasing due to factors like the construction of large data centers, such as Meta/Facebook's planned 5-gigawatt data center, which requires power equivalent to a couple million homes [12] - Government subsidies for wind and solar energy have driven up electricity prices and destabilized the grid [9][10]