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Mike Rounds: “There may be 9,000 leases out there, but just because you…”

Featuring: Mike Rounds, Republican | U.S. Senate South Dakota

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Interview with Senator Mike Rounds on Ukraine Conflict and US Energy Policy

Published | Video Starts at 05:40

… you say that some of the blame goes to the oil companies who aren't using the leases that they have? No. And in fact, that's only part of the information. There may be 9,000 leases out there, but just because you have the lease does not mean that you can pump oil. You've got to get a separate lease agreement with the government. And there's only one person right now, as near as we can tell, that's actually approving those leases. (05:40–05:46)

CLAIM

Asserts that having an oil lease does not automatically allow oil extraction.

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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.

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