I was actually suing the federal government in Liberty Energy for their climate disclosure rule, which is just a way to make it harder to produce oil and gas. And as I shared with the Biden administration, it [The climate disclosure rule] doesn't change the demand for [oil and gas], just makes it harder to produce. So the risk is greater, so the price has to go high. So I was like, thank you. My company and most of my customers are record profitability ever, but the other 99% of Americans, they don't produce oil and gas. (12:48–12:50)
CLAIM
Asserts that the climate disclosure rule does not affect demand but complicates production of oil and gas.
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