PolitiQuote

Discover video-sourced quotes by politicians

Doug Burgum: “Their economy today is 1/4. Their GDP is 1/4 of what it was.”

Featuring: Doug Burgum, Republican | U.S. Secretary of the Interior | National

Watch on YouTube

Secretary of the Interior Doug Burgum speaks at CERAWeek in Houston — 3/25/2026

Published | Video Starts at 08:20

They can remember what it was like from 20 years ago. They want to go back. I mean, Their economy today is 1/4. Their GDP is 1/4 of what it was. I was thinking, you were formerly governor of North Dakota to just think North Dakota produces more oil than Venezuela. Yeah, it's a yes. And that's a. (08:20–08:24)

CLAIM

Asserts that [Venezuela's] GDP is currently one-fourth of its previous level.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.


Doug Burgum

Discover more from

Doug Burgum

Report A Transcription Error

Please report any error in the automated transcription.

About PolitiQuote

PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

PolitiQuote is a service of Gigafact Foundation, a nonpartisan nonprofit advancing facts and information transparency, community by community.

Visit gigafact.org to learn more.