00:00So today we're taking historic action to bring down the price of energy and the cost of living for all
00:07Americans with the power of clean, beautiful coal.
00:12If you look at China, if you look at so many of the successful countries, they're using coal.
00:19If you look at some of the real great failures countries, they're using wind.
00:24This keeps blowing, blowing, blowing and puts you right out of business.
00:28It's very expensive, most expensive energy there is.
00:32So wind is not working very well, but they keep it going because people get subsidies by countries that are
00:40stupid.
00:40Doug, I would say we haven't been long on wind.
00:43Do you agree with that?
00:45He understands numbers very well.
00:47You know, Doug was very, very successful.
00:49Believe it or not, I used to think it was in energy, but he was successful in technology.
00:54He sold his company to, I think, Microsoft, right?
00:58And for a lot of money, and he ran for politics, he ran for office, went to North Dakota, won
01:04immediately, won governor, very successful for eight years.
01:09And I watched him doing one of the performances of some very talented people.
01:15And I said, we're going to get him to work for us.
01:17And then I said I was going to put him in charge of energy.
01:20And he said, sir, there's a better man than me for that one.
01:24Not in all ways, you feel that, but in energy, Joe.
01:28And that was Chris, right?
01:30Where is Chris?
01:31Right behind you.
01:33He's a hard one to find.
01:35And Chris has done a fantastic job.
01:38And he's one of the reasons we're here tonight.
01:41We have had, we're right now double Saudi Arabia and Russia.
01:47If you double them up, that's what we produce, more than anybody else times two.
01:52So think of that.
01:54As a result of the $700 million investment that I'm announcing today, we will protect 14 coal plants and 42
02:03coal mines.
02:04It's a tremendous number.
02:06And build two new coal plants and one massive new export terminal, because we're exporting coal.
02:13Coals are a great business, really a big business.
02:17And it's real power.
02:19In terms of power, there's really nothing like it.
02:24You have so many different alternatives.
02:27They talk about some, but there's no real alternative.
02:30China, by the way, last year built 52 coal plants.
02:34They built about two windmills.
02:37You know, the only time they build a windmill is when they're trying to sell them to stupid people from
02:42the United States.
02:43The suckers.
02:45And by the way, and all over Europe.
02:48They sell the windmills, but they don't use them.
02:50I wonder why.
02:51They use coal plants and other things.
02:54These actions will support over 14,000 jobs and save the American people $50 billion in electricity costs.
03:03We're pleased to be joined by Secretary of the Interior, Doug Bergman.
03:07He has been great.
03:08I don't want to give him a big swollen ego, because then all of a sudden he'll leave me and
03:12I'll be stuck with Interior.
03:15I don't want to be stuck.
03:16But he's really done a great job.
03:19Secretary of Energy, Chris Wright, is fantastic.
03:22And maybe our MVP.
03:24What do you think, Doug?
03:25It's close.
03:26Yes, right here.
03:26What do you think?
03:27MVP?
03:29Lee Zeldon.
03:30And the job he's done is great.
03:32We had the auto industry in yesterday.
03:35They don't want people to fix their car.
03:37I said, that's strange.
03:38I've never heard of that.
03:40They have a thing to...
03:42Nobody's allowed to fix their car.
03:43They gave a man seven years in jail, actually, because he fixed his own car.
03:48So I thought we'd do something about that.
03:49But we'll get it all straight in a while.
03:52Can you believe it?
03:53They want a bill that prohibits people from fixing.
03:56So if you're mechanically inclined...
03:58You know, I grew up, I went to school with some guys.
04:01They were, in some cases, horrible students.
04:04But they could fix an engine, blindfold it.
04:06They could take a car apart, blindfold it.
04:09But they weren't too good at arithmetic and other things.
04:13But they were great.
04:15And so there's a move on to stop people from fixing their car.
04:19I didn't understand it.
04:20But we had a great meeting yesterday with the head of General Motors and Roger Penske, head of Ford.
04:26We had a great meeting, I think.
04:29Thanks as well to a friend of mine also for a long time, West Virginia governor, Patrick Morris.
04:36That won by 45 points, Patrick.
04:39It's not enough.
04:41I love those people.
04:43And Wyoming, I think maybe even slightly more than West Virginia.
04:47I think just a little.
04:48We did.
04:49I like this group of people.
04:52But Wyoming governor, Mark Gordon, respected guy, great governor.
04:55Both of them, really amazing.
04:58And representatives Dan Muser, Riley Moore, Derek Van Orden, Juan Siskelmany, and Andy Barr.
05:08So you have a lot of representatives here that are fantastic.
05:12Today we're officially invoking the Defense Production Act to save 13 coal plants in West Virginia,
05:18Kentucky, North Carolina, Indiana, Tennessee, Arizona, Arkansas, Oklahoma, North Dakota, and Wisconsin.
05:25These were incredible plants.
05:29So productive.
05:31Really producing a lot of the electricity.
05:34Right?
05:34The electricity.
05:36It's really the best of that.
05:37You know, when they find something better, Chris, I think we'll be all set for it, right?
05:42But there are a long ways from finding something better.
05:46It's critical.
05:47And so when you look at that, those states, West Virginia, Kentucky, North Carolina, Indiana,
05:52Tennessee, Arizona, Arkansas, Oklahoma, North Dakota, Wisconsin.
05:57What do they all have in common?
06:00Trump's got them.
06:00We're starting to hear from the time.
06:01I want everyone of them.
06:02By a lot, right?
06:04Yeah.
06:04I'm not even mentioning Pennsylvania, which we want all.
06:07That's all right, Chris.
06:08But we want them all.
06:09We want probably one of all 50.
06:13We had an honest count, if you want to know the truth.
06:16Our action will allow these facilities to invest in upgrades that will extend their operational
06:22lives for decades into the future, reinforce the reliability of our electric grid, which
06:30is really the biggest beneficiary, and most importantly, keep electricity prices very low for the American
06:36people.
06:37This brings the total number of coal plants that we've saved during my administration,
06:41just like when we said we saved 25 water fountains.
06:46Think of this.
06:47These are fountains, beautiful fountains that were so horrible to look at with the graffiti.
06:54Over 40 years, many of them closed over 40 to 50 years.
06:58The big one, the reflective lake, in fact, some people go to pond, some people it's like
07:04a lake, but the reflective lake was built in 1922.
07:10It never really worked from the beginning, from 1922.
07:13That's a long ways.
07:15So it's over 100 years old, and it never really worked because they had the wrong base.
07:21It was always leaking.
07:22They didn't have what we have today.
07:24So it's pretty amazing what's happened.
07:26And, you know, I hate to say it won't leak, but it won't leak because we use the material
07:31that doesn't allow leaks.
07:33You know, it's like a swimming pool doesn't leak.
07:36You use the right...
07:36This is called swimming pool on steroids.
07:40So it's great stuff.
07:42And today's actions, we're also supporting coal mines and coal miners in Wyoming and Pennsylvania,
07:52Kentucky, West Virginia, Ohio, Indiana, Illinois, North Dakota, and New Mexico.
07:59And they're going to...
08:01They're all going back to work.
08:02You know, it's interesting with the mines, that famous scene of Hillary while we went to
08:07West Virginia.
08:08And she had just left another state, and she was trying to convince everybody that they
08:14should go into technology, no longer be miners.
08:16And these guys in West Virginia, they didn't want to hear about it.
08:19They wanted to be...
08:20Remember that scene around the table?
08:22They talked to this beautiful, big, strong miner, and they wanted him to make computer chips.
08:28She said, well, teach him how to make computer chips.
08:32His hands were so large, he couldn't hold a computer chip.
08:35He's like, fingers are like three inches around, talking about making a computer chip.
08:41And he didn't like it, and he ended up being one of our best ads ever.
08:46She wasn't...
08:46And she did rather poorly.
08:48She lost...
08:49I think she lost by 77 points or something like that.
08:52Pretty tough to go knock, you knock coal, and then you go two weeks later to West Virginia
08:58to try and win the state.
08:59It didn't work out well for her.
09:01But the miners love us.
09:03What do you think we got with the coal miners?
09:06Would you say we got 90 percent, 100 percent?
09:10What do you think we were on the street?
09:11It's pretty high.
09:12Yeah, pretty high.
09:12Probably higher than any group in the country.
09:14Pretty high.
09:15It was a 90.
09:15Yeah, it can't be bad.
09:17Well, we did well with all the groups.
09:19I'll tell you, the group that now likes us are the auto workers, because we're building
09:23more auto plants now than at any time in the history of our country.
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