let's let's let's move on to something and this is something that I know you've been
excited about you've come on the show before about this but energy exactly one of the biggest
you know platforms that uh that Donald Trump has talked about and actually uh when uh the
whitehouse.gov had kind of a little bit of a makeover energy was something was something that
that was kind of you know one of his platforms that he had on there so uh what do you think is
going to be different about that coming up in the future and what things do you think uh Donald
Trump is going to try to implement to to help with job creation when it comes down to uh energy.
Yeah I'm well I mean very simply I mean I think the approach that we're going to take the to
energy in this country is going to be a lot more sensible and we're going to use a lot more common
sense now um you know you take the the uh the executive order put in place by the Obama administration
that that essentially limited um our power producers in terms of their carbon emissions
keeping in mind that the executive order was actually not even needed because the CO2 emissions
that were coming from our power plants were basically at a 25 year low already um so our power
producers had already been lowering emissions on their own by converting plants and using less
coal and starting to use more natural gas to to power a lot of these facilities but yet you haven't
you had an overzealous president who still felt like he had to put additional requirements and
additional rules and regulations on an industry that that that didn't need it and so I think
you're going to see a president trump already come in um sign an executive order and and begin to
roll back some of those those rules and regulations um if you take a look at the fact that 90% of our
energy resources right now are are prohibited from from production and development um we have a lot
of offshore energy assets that the Obama administration when when Obama was elected he actually said
that he was in favor of more offshore drilling but then once he got in office he um succumbed to
the pressure of the environmentalists and and and then did not allow offshore drilling to to occur
I think you're going to see Trump obviously allow for more offshore production and development
which which is great for low and middle income families because that's how you drive down the
cost of energy so that when you go to the pump you're paying less for for that that gas that
you're putting in your car I think you're also going to see more infrastructure development
around energy um such as things like the Keystone pipeline which which would have created 55,000
jobs overnight so I think you're going to see a lot over the next um over the next you know four
years and hopefully the next eight years um when it when it comes to energy development production
here in the country let me ask you about this though I think um some of the the drawback when it
came down to the Keystone like for like for instance personally I was against the pipeline
it had nothing to do with jobs whatever the fact that it's an oil pipeline that we know that can
potentially spill uh also is going to you know go through kind of people's homes and go through
people's lands and things like that where you know maybe we could start investing a little bit more
and like when I went to Bermuda um it's getting to the point to where I think about 40 percent of
homes have uh have solar panels on there so they could get their uh you know their energy through
solar or um you know there's like you know some solar farms or even having more you know wind
energy or things like that like little more renewable sources where we can build and still
get jobs around those as well um do you think there's a plan for for this or is it more drilling
oil and pipelines yeah I mean I think there's a plan for for all that but but but again I
and I just try to remind people when we have this conversation we we need to have this conversation
conversation from a from a point of common sense in reality I mean seriously I mean I know Morgan
is laughing I mean I'm being for real the the reality is right now two-thirds of the base
load energy demand in this country is is met through oil and gas and the infrastructure
that exists in this country is designed for that there there is not an infrastructure in
this country right now that allows for us to be able to produce enough energy from wind and solar
and a lot of other alternative sources at a commercial production level um we we actually
don't even have the storage systems the technology doesn't even exist for us to have the storage
systems to be able to store enough solar power so that basically we can use that power it during
during peak demand period so for example a peak demand period at your at your house would be when
everybody's coming home in the evening well the sun doesn't shine in the evening so you have to be
able to absorb and store all that power during the day so that when peak demand hits you can
actually provide it we don't we don't have the technology to be able to do that have a question
scale in our country so that's what I want to clarify I have a question based on that then
when we're talking about jobs then can't we have jobs to try to to figure that part out and we we
can other places that do you solar we can we can let me ask this question again too this other
places that do have solar is shown that like the average amount of sunlight that'll come in
in the middle part of the day um like at noon or whatever for one day can actually like power a
whole household of four people for two weeks if if you have the battery systems to be able to store
it right now that that is so we can we can invest in those jobs that's what I'm saying but that's
what's happening right now I mean the oil and gas industry as of today has spent a hundred and twelve
billion dollars over the last decade and a half actually in researching and developing the kind
of technology that you're talking about so it's not that the oil and gas industry doesn't want to
have a seat at the table when it comes to these alternative energy resources but the reality is
that right now only three percent of energy demand in this country is met through solar
and the reality is that the sun doesn't shine all the time I think what you're going to see from
the Trump administration or at least what they've signaled is that I think they're going to look
at more of a portfolio when it comes to energy production and development so yes oil and gas is
going to be a large piece of that portfolio for obvious reasons but then I think you're going
to look at areas like out in southwest around California and Nevada where where you do have
a lot more opportunity to do solar development out in an area like that you don't have as much
opportunity in an area like North Carolina you also out in the Midwest you do have opportunities
out in the Midwest to do more wind energy production the wind doesn't blow as strong in
North Carolina to do commercial production so I think what you have to look at and what the
Trump administration has signaled is we need to be looking at a portfolio of of ways to produce
and develop energy and some and to some degree it needs to be based on the geography by which
you're trying to develop it so you take North Carolina for example not only should we be looking
at offshore production because we have a coast but we can be looking at offshore wind production
which we have a more of an opportunity to do wind production offshore than onshore
so so I think what we've got to do is get the bureaucracy and the government out of the way
we need to get the private sector more engaged around energy production and development and
we need to be doing it in a common sense kind of way all right um I agree with some of
