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Wright Discusses Big Beautiful Bill Energy Provisions with Larry Kudlow

July 8, 2025 · U.S. Department of Energy · 0:04:46

Embedded from the source channel — never re-uploaded. Watch on YouTube

What happened

Energy Secretary Chris Wright joined Larry Kudlow on Fox Business on July 8, 2025, to discuss the One Big Beautiful Bill, which Kudlow said ended wasteful spending and, as he put it, unshackled oil, gas, and coal development in the United States onshore and offshore.

Wright agreed, saying, as he stated it, that the administration’s common-sense policy is a radical pivot from the prior administration. He gave the example of Alaska’s National Petroleum Reserve, saying the Biden administration took four years to allow a few acres of the millions-of-acres parcel on the North Slope to be developed for one drill site, even though, as he stated it, the Native people and businesses there want development, more oil and gas production, jobs, and lower prices for American consumers.

Asked about permitting after the REINS Act did not make it into the bill, Wright said, as he stated it, that the biggest factor in permitting is who is running the agencies, that the administration wants legislative permitting reform so it lasts across administrations, and that in the short run common-sense leadership at EPA and Interior under Secretary Doug Burgum will deliver fast and efficient permitting. He said the bill restored the lease sales that were mandated by law.

Why it matters

The appearance is part of the administration’s energy agenda — expanding supply, grid capacity, and permitting — and its claims about prices, projects, and markets are the record against which its energy promises will be measured.

Sources: U.S. Department of Energy, “Secretary Wright Joins Fox Business’ Larry Kudlow - July 8, 2025”, 2025-07-08 (official upload, embedded above; published 2025-07-08). Transcript via Supadata (private research store, paraphrased and attributed, not republished). All figures and characterizations as stated by the speakers.