When we're, when we're exporting oil and gas from America, we're, we're increasing the variable profits on a fixed cost basis. It lowers the price for Americans when we're the dominant supplier. So Us becoming the number one oil producer, the number one natural gas producer, the number one LNG exporter. All of those things are why we've got the lowest energy prices in the world right now. And so in doing that, when you have, when you have low energy prices, it lowers the price of everything. (07:04–07:10)
CLAIM
Asserts that the U.S. is the top producer and exporter of oil, natural gas, and LNG.
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.
