"China's Nuclear Dominance" – Doug Burgum WARNS U.S Energy Crisis Is COMING!
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Summary
On today's show, we have a special guest on the show, Rob and Vinny Chatterjee. Doug Bergen warns of a real energy emergency that will permit China to dominate us. President Trump on day one declared a national energy emergency, and rightfully so.
Transcript
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Doug Bergen warns of real energy emergency that will permit China to dominate us.
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If you can play this clip, Rob, I do know you have a clip on this.
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So, Interior Secretary Doug Bergen warned on Fox Business Kudlow
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that the real energy emergency that we have right now is that we don't have enough energy in this country.
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President Trump on day one declared a national energy emergency, and rightfully so,
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because we're under grunt from China related to critical minerals.
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We've got huge challenges on electrical power generation.
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That could be happening in America, yet even this summer,
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because the Biden administration rules put our grid at such risk.
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But then in terms of oil and natural gas, which helps us power our economy,
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and again, right here on the Gulf Coast, selling energy to our friends and allies,
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all this natural gas that's going around the world to help displace energy that was coming from our adversaries.
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A total unabashed embrace of energy dominance in the world.
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And, you know, of course, you meet with all these guys that work on the oil rig.
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Well, first of all, you know, the Department of Energy is not a sexy department.
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It's not like Secretary of State going out there on these trade deals and things like that.
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Doug Burgum is doing a job for America right now, and both sides know it,
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Because what has happened with EVs and with data centers is he's right.
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Despite solar panels and wind farms and things that have done, we have an energy shortage in America.
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This is why Google is trying to get permits for its own micro nukes to supply data centers.
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It's why Oracle is trying to do the same thing to get permits.
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And Doug is out there just absolutely – I think he gets – he could be – you know what?
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He could be like the MVP runner-up in the administration this year.
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I say that because the MVP is going to be whoever figures out all the trade deals and all the tariffs and things coming back.
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And, of course, the market's already back up from where it was on April 1st.
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So we're on our way back in a big way for people that lost – not lost, but saw their 401ks go down.
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I sent this to the World Nuclear Association, put out their report for Q1 on March 25th.
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Scroll down to the bottom of that, all the way down, and you will see in the world – so the world right now, there are 66 nuclear reactors under construction, 85 planned, and 344 proposed.
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China has 30 under construction, 36 planned, and 158 proposed.
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45 percent of the nuclear power coming in the world is coming out of China.
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That's why Google and Oracle are trying to get permits for micro reactors because they're not getting help
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from the infrastructure, power grid, and the Department of Energy.
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So do you remember – Vinny, too, here's an easy one.
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But do you remember when everybody was upset about TikTok in China?
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Where were the servers, and where do they think the data was going?
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People thought the data from TikTok was going back to China.
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So if you thought that was a problem, what about if we can't build the big data centers here?
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And the data centers are built around the world where we can't really exert control and secure them.
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That means America is using cloud services, and the data centers might be elsewhere.
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It is a national security imperative that big data centers are built here,
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just like we're trying to help Taiwan Semi build those plants in Arizona so the chips can be here.
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And if China makes a move on Taiwan, we saw the chart, that there's a bunch of that here.
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And right now we're in a position where all we need is about two and a half years.
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All we need is about two and a half years for those chip plants.
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So at the end of Trump's second term, if those chip plants are built, one of the things that Donald Trump can put a big W on the scoreboard
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is he moved so much chip manufacturing to the U.S. from Taiwan to neutralize that China threat.
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Well, Doug Burgum, God bless you, I'm a big fan for real reasons, and he's out there talking about this,
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saying we have an energy crisis, and he's right.
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These are new technology, smaller footprint nukes, but this is what we need.
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Thanks to the Greens and thanks to other lobbying, we have 13 proposed in the United States.
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And China, watch out, gang, is building 40% of the nuclear power currently being built and proposed in the world.
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So those 13 proposed, why aren't they pulling the trigger right now?
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They've got to get Congress behind them, but Doug Burgum is out there banging the drum, saying,
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Better than the drums and the cheerleader, Tom.
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So I'm glad that you caught the, caught on to how great Doug Burgum actually is.
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I will interrupt you and say, you were behind Doug at the beginning of the campaign.
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And I'm so glad to see that Doug Burgum is part of the Trump administration.
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Dude, he was one killer crossover away for maybe being president.
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You remember during the election, this guy was in an ankle brace as one of his staff crossed
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You got to give Doug, Doug, Doug a best friend a hug.
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You notice when he said that statement about what he's talking about with China, why we
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We have to compete with the electric power grid, oil and natural gas, and minerals.
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How many times have we heard those phrases with Ukraine, with China, with Russia, with
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Doug is very much a part of what's going on with that.
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But the most important thing, why I like him, he's relatable.
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And I'm glad that he's part of the Trump administration.
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And if you remember one thing about when Trump came to office, when he was, I think,
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being interviewed, I'm going to be a dictator on day one.
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Number one, we're going to shut down the border.
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And number two, we're going to drill, baby, drill.
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But when you think about the nuclear plants in America, Rob, if you go and type in a history
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of nuclear plants and how many we've built since Chernobyl, if you just type it in, there'll
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And when you see what happened and where we compare to others, Statista has a great stat
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I think this is the one that shows how little we built.
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Except you want to find which one of them shut down in America.
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So reactor startups and shutdowns in the world.
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Just copy paste that in and you will see America fully stopped.
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But there's definitely one of them that shows the chart.
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Is that the one, Rob, on what America looks like?
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So this is what shows who construction starts of nuclear reactors in the world.
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See where there is where it says other countries.
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And look at how China doesn't start anything until 84, 85.
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And then now look at the last 20 years where China is.
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So if you go look at the following year, the rest of the world in 2012 is building two.
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If you look at the last couple of years, 21, 22, 23, out of the 10 that we did in 21 and 22, guess what?
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Yeah, 21 and 22, six is China, four is the rest of the world, five is China, five is the rest of the world.
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And in 2023, new nuclear reactors being built, China is five, the rest of the world, 195 countries is one.
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One is thinking long-term, the other ones are not.
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Part of this could be that regulation to build one in America is so complicated that it takes years to get approval to build something like this.
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Part of it could be the, when you hear the word nuclear, what do you think about?
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They're like, no, we have to go in this direction because the world needs power.
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This could be another thing that America and other countries can rely on them for nuclear power when there is no more energy left.
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Yeah, just real quick, I want to give a shout out to this one guy, Rob.
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This one guy actually taught me this very recently.
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And it was none other than Patrick Bet-David because you just did an entire episode about China.
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I'm sorry, Pakistan and India and nuclear arsenals.
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But the top of the statistic graphic is China is expanding their nuclear arsenal.
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And since 2023, so the last two years, they're plus 90 in their nuclear arsenal, whereas Russia is minus 109.
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We do what are the different types of energy to get?
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One of the cheapest and most effective ways of doing is nuclear energy.
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These big companies are starting to realize, how the hell am I going to be able to host and do all the stuff that I'm doing with different businesses that I'm running?
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Is that America, by the way, what you just showed up, Rob?
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Look how many nuclear power capacity additions we had by year.
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We kept building them, building them, building them, and then after 84, 85, Chernobyl, what happens?
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This explains things a little bit better, because I think I just made a mistake that many Americans make.
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Yeah, it's so perfect, because that's how I went the first thing.
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But I do know, when you're sitting there as a company, you're like, hey, how much do we have to pay with hosting for this?
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So imagine now, add that to Google, add that to Google on how many videos and all.
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But we've been afraid to go there because people still are uncomfortable with the word nuclear.
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Tommy, you look like you want to say something.
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Can we go back to that chart that we just talked about by year?
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Bush in 88, and they made alternative energy a priority after the Arab oil embargo in 1979.
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So when there was a crisis, America did turn to nuclear as an alternative power source.
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And I think it's having data centers in the U.S. where we have enough power and bringing all of that home.
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And what Tom showed that what China is doing versus the rest of the world, it's concerning.
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I'm glad Doug Burgum is in there to help out with this because it's very important for everyone else.
00:14:42.600
So we officially now have a collaboration of ties with Stefano Ritchie.
00:14:48.080
We have this jacket that just came out, new ties with Valuetainment on it, a blue sports jacket that looks amazing with the Valuetainment logo, the button.
00:14:56.580
I don't know if you saw the button there with the Valuetainment logo on the side of it.
00:15:05.580
Again, this is for those that are business owners.
00:15:07.760
Can you show us this jacket here that you have, Chris?
00:15:12.440
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00:15:23.380
You're saying, Chris, it looks like we have a couple logos.
00:15:32.340
Let's walk you through what these degrees mean.
00:15:41.300
This is where we take off with you guys sitting at home.
00:15:44.800
And let me walk you through why it's special on the inside.
00:15:48.100
So one of the things that Pat has said to us and mentions every day.
00:15:55.020
It says greatness isn't reached by staying on the ground.
00:15:58.860
It's earned by taking off when others are afraid to fly.
00:16:12.820
Each of the 16 that are remaining are going to be hand-signed by Pat with this leather patch.
00:16:19.780
So each one is going to be signed by Pat here on corporate.
00:16:24.920
We're going to do it right now for you guys just to show how special it is.
00:16:28.600
If you want to show the back, what's on the back?
00:16:31.720
So when you make that statement, when you walk away, you walk out of that room, you get out of your car, your jet, wherever you're going.
00:16:43.540
Two hours of sandblasting, literally, to make that American flag.
00:16:49.440
And when you put it on, it's un-freaking-believable.
00:16:52.820
Rob, if you can go on the VT merch as well for this limited edition items that we have.
00:16:58.500
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00:17:03.000
The jackets that you see over there, the blue one, there's only 10 jackets left.
00:17:06.820
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00:17:14.020
And those shirts, the dress shirts, the blue and the black, those will go in no time.
00:17:17.500
If you zoom in on those shirts, Rob, if you don't mind clicking on that, just click on one of them and zoom in.
00:17:21.880
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00:17:29.360
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00:17:44.740
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00:17:52.640
And cannot wait to see you guys sport it and post pictures of it all over the place.
00:17:56.100
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