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Double U.S. Energy Production By 2030?

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    Sen. Mark Warner, (D-Va.), on the steps to boosting America’s energy production while making the country’s energy usage more efficient.

  • Duration 5:19
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-- are giving us the shaft Saudi Arabia intentionally keeping oil production a two year lows.

As of fights to keep oil prices high.

That's pushing gas to record highs for this time of year look at 355.

My next guest with a plan to create jobs and save money by using less energy and -- creating -- democratic senator.

Mark Warner of Virginia.

Joins us now senator good to see you thanks for coming -- -- and how do you plan to double US energy production is by the year what is it 2030.

I 2030 we're talking about energy productivity.

Which is another way to think about energy efficiency it's a way to think about.

How do you make sure that somebody makes that improvement on our home.

And that actually get to finance off the utility bill can -- create -- And energy saving reached for example doesn't require a lot of government money it just requires changes some of our financing.

Mechanisms how -- we make sure for example that if we could.

Get our military.

To be more energy productive energy efficient for every dollar.

Oil goes up.

The cost and the navy.

And -- you know thirty million dollars that the -- -- and -- two billion dollars this year on increased oil prices because we're getting gouged by guys around the world.

We can become more energy -- not to.

And that does mean war.

More -- power generation -- how do we use the power we've got -- -- more.

-- but -- senator we haven't it is realistic in any efficiencies are great it's always good to turn -- like it's not users save energy mayor there and it could add up to billions don't get me wrong I know this stuff adds up.

But it's miniscule compared to the potential.

That we have of of of dealing for example would natural gas when you look at what's happening.

In North Dakota that's happening now that's not pie in the sky.

That is happening now where they have a I think at 2% unemployment rate even less than -- -- I think it's closer to 0%.

They've got.

Four billion that in barrels of oil in reserve not to mention all the natural gas -- the Bakken shale that they have their.

That's really the future that's how we -- independents -- David.

And David that's gotta be all part of the next.

I'm for the Keystone Pipeline on for all of the above -- for oil gas.

No clear but is the president centers is that the president that's -- policy I think more -- as you water went natural gas.

I think you're gonna see yes I think you've actually seen.

More movement on natural gas partially because of it increases in fracking technology partially because of you know the fact that there are more wells drilled in the last two years but the notion.

That a piece a major peace not some kind of you know backwater ought to be.

That natural gas we -- that nuclear power we use can be used in a more energy productive energy efficient.

Why don't have we -- we double or every how we -- -- energy.

Exactly ought to let it ride on the shelf that's right off -- -- Is and it has to be whether the president is -- -- we don't know whether he's on board with the Keystone Pipeline as you war we don't know whether he's on board with natural gas which involves.

Again telling the -- look you've got -- lay off some of these people right now you can't put the screws on -- because some of these wells are shutting down.

The David what.

We laid out today and we had today the utility industry the environmental community.

Businesses across the -- we've been working on this my colleague on this was to have former governor Pataki from New York they're gonna work on this last year and a half so to say.

How do you actually do this.

What policy changes unique if we're not talking about a whole lot of additional recent federal resources may be kind of -- race to the top in terms of best practices.

But how do you make sure it got a locality wants to do this -- the state wants to do this.

If our country wants to do it why -- get you -- -- you're not gonna do with Windmills Windmills are not not the answer is the answer is -- is -- limited and probably working exponentially so.

And I'm talking natural gas now the president by the way has to Pakistan -- how about we look at the fact that whatever whatever source whether it's Windmills and natural gas oil nuclear.

We don't let let's look at where not the generations -- let's look at how we then use that source.

In a more variety but let me tell us -- and well know productivity per unit -- energy.

Senator let it does Sierra Club and a lot of other organization just sent a letter to the president challenging him on the question of fracking.

Suggesting that you have to choose Mr.

President between senator Warner.

Who is a Democrat and and who has been with -- all the way on certain issues and us because we are against Franken -- you're against expanding in natural gas who do you think the president's gonna choose you or -- Sierra Club.

I think natural gas has been and will be and won't grow -- in terms and they.

An American generation energy source like who will the president should do senator -- highest -- president.

-- I think the president has already shown if you look at the number of natural gas wells today you look at that.

Growth in North Dakota that didn't happen eight or ten years ago most of that happened the last four years who was president Barack Obama.

Well then again most of that happened on land that was not federal way -- part of most of that happened in the last warriors and why it matters I'm with the land on private land and god bless the private landowners they made a fortune good for them good for us is a country but in the president's gonna -- -- I think you've got the right answer I hope he goes with -- -- senator Mark Warner thank you very much appreciate you coming on.

Thanks David thank you.