WILLISTON, N.D. – Energy drives the economy — that was the point U.S. Secretary of the Interior Ryan Zinke drove home Wednesday during a talk before the energy industry.
In his keynote speech at the Williston Basin Petroleum Conference, he spoke about rebuilding the industry and being energy dominant.
"Environmentally, economically, and morally it is the proper policy of this country," he said.
Oil prices have breached $70 a gallon this week, their highest in more than three years. Analysts say these rising prices are approaching the point for shale drillers to start ramping up production in areas like the Bakken.
In his speech, Zinke spoke about about new trends in oil but all across the country. What could only be done off-shore is now moving to land.
"Our regulation needs to include innovation, best science, best practices and the regulatory framework. It should ensure greater safety, greater reliability and better environmental stewardship," Zinke said.
Zinke says the government needs to get out of the way and let the industry move ahead — to rebuild America.
