Two different GOP presidential candidates—former United States Ambassador to the United Nations Nikki Haley and North Dakota Gov. Doug Burgum, both of whom will appear on the debate stage on Wednesday evening in southern California—spoke Monday here at the Hamm Institute for American Energy’s inaugural American Energy Security Summit.
“Joe Biden, God bless him, he wants all cars to be electric by 2030,” Haley said. “Think about that for a second. First of all, 70 percent of all the electric vehicles out there are made in China. But more than that, we don’t have the infrastructure for it. I’m not just talking about charging stations. Electric vehicles are heavy. Our roads and bridges won’t be able to handle all those electric vehicles by 2030.
Former Secretary of State Mike Pompeo, during an afternoon panel where former Secretary of Transportation Elaine Chao interviewed her former Trump administration colleague on stage, went so far as to say there is a pure “ideological hatred” from left-wingers in America running the Biden administration of the very people gathered in this room.
Moore noted that by 2019 during the Trump administration and thanks to his policies, the United States had surpassed the oil and natural gas production of both Saudi Arabia and Russia. “It’s pretty amazing—we became, for the first time, a world leader in production,” Moore said. “In those three or four years Trump was president, how many times did we talk about OPEC?”
“The consequences are great, but if things go right—and we get back to the kinds of policies we had in place four years ago—I’m going to say to you I think we’re going to see an incredible boom in this country,” Moore said. “I feel it coming… When you get the policies in line, you see the biggest boom you ever saw.”
“You know it’s amazing—for people that say they want employment and they want jobs, they do everything that’s possible to deter and hamper job creation,” Chao replied. “So I think more than anything there is a difference in philosophy and on the role of the government and what businesses actually do. There are those who actually think that if you’re a business and you make money you must be doing two things: You are either underpaying your employees or you’re overcharging your customers.
“That’s a workforce issue—it’s one of the major issues we have in our country and it’s linked to this energy issue,” she said. “I want to go off what the congressman says—energy independence is our security for the world.” “That’s not academic—I’m not an academician. But we saw it at FedEx,” Smith said. “We can have the finest AI, the best airplanes, the best technology—but at the end of the day it’s built around the package handlers who do the manual work who load the trucks and so forth. So, from the ‘American Recovery’ plan in March of 2021 through the first week of May we lost about 7 percent of the workforce. In some parts of the country, we couldn’t get blue collar labor at any price.
“First of all, traditional energy companies are hugely important to the global economy. They’re hugely important to Goldman Sachs. We work with them regularly…. I think it’s very, very important for the U.S. that we have energy security,” Solomon said during a discussion with FedEx’s Smith on stage here. “I think it’s very, very important that we continue to invest in the industry. I recognize there needs to be a transition over time but that transition is going to take time.
“That doesn’t mean we won’t have bumps in the road, but hugely bullish on the United States and hugely bullish on the [U.S.] position in the world,” Solomon said. “We have lots of issues and I think there are lots of things we could all do better, but when you get around the world our system, our freedoms, the things we do, I think we got the best model and the best mousetrap. It’s our job to continue to invest in it.
Burgum, later in the day too, even predicted the rise of a whole new subset of the energy industry: “carbon management.”
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