Chris Wright Accuses Biden Admin Of 'Shrinking Our Supply' Of Electricity In Trump Cabinet Meeting

5 months ago

During a cabinet meeting on Tuesday, Secretary of Energy Chris Wright criticized the Biden administration's energy initiatives while praising current electricity prices.

Transcript

00:00Like Secretary Noem, I'm thrilled to be here to work with you on the simple platform you

00:07were elected on, which was to bring back the American dream, to bring jobs and opportunity

00:12for families across the country and to lower their costs so they can live their lives and

00:16expand the choices they have.

00:20You led off today talking about gasoline prices, I'll throw in diesel.

00:25If you correct for inflation, they're at multi-decade lows.

00:28This is a huge expense.

00:30This is huge constraint on people's lives.

00:32We should celebrate that.

00:35Natural gas has become our main industrial fuel powering factories around the country.

00:40Natural gas prices are quite low in this country and they're lower than in any country in the

00:45world.

00:47The reason for that is the United States produces two times more natural gas than the second

00:52largest natural gas producer in the world and four times more natural gas than the number

00:58three and number four producers in the world.

01:02So you've opened up American opportunity and energy together with the work of Secretary

01:07Burgum, Administrator Zeldin, Secretary Lutnik, Secretary Rollins.

01:13You know, we've made it easy to produce energy in America again and those benefits are flowing.

01:18I could go on about this stuff forever.

01:20But let me talk about one specific area of energy, electricity.

01:25That's in the front of people's minds.

01:28When the day you were inaugurated, we get hold of all the data.

01:33We can look at the resource plans of utilities across the country.

01:37What you inherited when you arrived was a plan over the next five years to close 100 gigawatts

01:45of reliable electric generation.

01:47So that's 100 large power plants.

01:50Now that was offset with the plan to build 22 gigawatts of reliable electricity generation.

01:58Their plan was to close more than four times as much electricity generating capacity as they

02:03were going to build in that five year period.

02:06How do we lead the world in artificial intelligence if we're shrinking our supply of reliable electricity?

02:13How do we reshore steel and aluminum and automobiles and semiconductors and all those jobs Americans

02:19want back in our country when we're degrading and shrinking our energy system?

02:24We were going to hand that leadership to China in artificial intelligence, not just to our economic

02:29loss, but to our huge national security loss.

02:35Your team around this table and almost everyone around this table is involved in it is just

02:40to completely pivot dramatically.

02:43We're stopping the closure of all these plants way before their retirement date.

02:48Some plants get to their end of life.

02:50That's a small percent of the plan closures.

02:53Most of those were just political nonsense at the cost to American taxpayers.

02:58So we have rapid new construction of power plants under in the United States.

03:03We're doing everything we can with suppliers who build the equipment for these power plants.

03:07They've got to build their factories bigger to build power plants in America.

03:11People thought those days were past.

03:12We weren't going to build big things in America anymore.

03:14We're just going to keep sending it over to Asia and overseas and just buy other people's

03:19stuff.

03:20Totally nuts economically.

03:22Totally nuts for national security.

03:25And of course, crushing for working Americans, particularly Americans that work with their hands.

03:31But we are seeing a revitalization of those people, of that optimism.

03:36You showed that picture of that plant being built in Arkansas, dozens of those under constructions,

03:42just in artificial intelligence.

03:44But the reshoring of steel, of aluminum, of plastics, of fertilizer, semiconductors, like

03:51this America is the land of opportunity.

03:53How did we get to become this awesome nation?

03:56Because we believed in the American dream and we leaned in on it.

03:59But the wealthy in our country and the coastal elites that live away from where stuff's actually

04:04made, they just lost their way.

04:06And politicians, just let them have it.

04:09Your tireless campaign and your relentless messaging made people realize the American

04:15dream isn't dead.

04:17It's just been smothered and we're unsmothering it and setting it loose.

04:21God bless your efforts.

04:22God bless your assembly of this team around this table.

04:25We're bringing the American dream back.

Chris Wright Accuses Biden Admin Of 'Shrinking Our Supply' Of Electricity In Trump Cabinet Meeting

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