It is because it's the over regulation and you know, blocking off areas for development and the kind of things the administration's doing that has caused us to lose ground in terms of energy development. And When you look at inflation, again, that's a component of this inflation because they've driven up energy costs. And again, it's not only the national security issue. Like we're talking about, think about needing that baseload energy every day. (31:50–31:57)
CLAIM
Asserts that increased energy costs are a component of inflation.
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.