StocktonCA
1 일 전
Trump Establishes National Energy Dominance Council Led by Secretaries Burgum, Wright
?Andrew Harnik/Getty Images
Nick Gilbertson14 Feb 2025
2:40
WASHINGTON – President Donald Trump signed an executive order establishing the National Energy Dominance Council to advise the president on strategies to make the United States energy-dominant.
A White House document on the order provided to Breitbart News notes that Secretary of the Interior Doug Burgum will chair the council, while Energy Secretary Chris Wright will be the vice chairman. Various cabinet and agency members will also serve on the council.
“The Council will advise President Trump on strategies to achieve energy dominance by improving the processes for permitting, production, generation, distribution, regulation, and transportation across all forms of American energy,” the White House document states.
Moreover, the Council is directed to present a strategy to Trump focused on ending bureaucratic hurdles and boosting investments in the private sector.
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Ahead of the signing, a White House spokesperson said the order will also “reduce costs with respect to energy.”
Burgum and Wright flanked Trump in the Oval Office before the signing and press conference.
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“This is a big deal. We have more energy than any other country, and now we’re unleashing it, to put it nicely,” Trump said ahead of signing the order.
Burgum declared that the Biden Administration’s “war against American energy” is “officially” over as of Friday.
“The Biden administration had a whole of government approach – it would have the war against U.S. energy,” he said. “Now we need to turn that around 180 degrees and unleash that potential. We’ve got to unleash it from the Gulf of America all the way up to Alaska.”
Burgum emphasized that America has failed to get a return on many of the “amazing resources in this country,” noting that much of the resources sit on or in public lands.
“The Interior has 500 million acres of surface, 700 million acres of subsurface minerals, critical minerals, and, offshore–close to two billion acres,” Burgum added. “And that balance sheet is the biggest balance sheet in the world, and it’s been completely underutilized.”
Wright said Trump’s order grants the officials authority to address barriers to energy.
“With this fantastic action from our president, we now have authority across the government to lean in to fix these problems,” he said.
Trump also signed an executive order prohibiting federal funding for schools that enforce coronavirus vaccine requirements, which Breitbart News first reported on hours before it was signed.
Atlanta1
4 년 전
I like this 10Q. Expenses continue to be managed well and reduced. Interest expense lower due to continued debt reduction.
"...we have had a very strong start to the year. Year to date, we have signed 93 license agreements representing $47 million of aggregate minimum royalties over the life of these contracts. This represents a 127% increase in the numbers of deals signed versus last year to date and a 98% increase in the amount of minimum royalties. This performance is due to the continued dedication and hard work of our team.”
remember, they continue to explore "strategic options' including asset sales, brand sales, debt restructuring, etc. The next PR on this front will really pop this low float stock. only $25 Million market cap guys. that's less than 1/4 sales!!!
$ICON
Doubleday
4 년 전
Big news...$ICON
On December 2, 2020, Red Diamond Holdings S.à r.l. (“Red Diamond”), an indirect wholly-owned subsidiary of Iconix Brand Group, Inc. (the “Company”), entered into a share purchase agreement (the “SPA”) to sell all of the equity interests of Lee Cooper China Limited, a wholly-owned subsidiary of Red Diamond (the “Lee Cooper China Sale”), for consideration of $16.0 million.
Atlanta1
5 년 전
yes , it is. the investigation had been disclosed previously, and this is the final resolution.
so yes, whew - it's only a $5MM hit.
you are a talented muckraker with a large following, and due much respect.
but in this case, we have a molehill, not a mountain.
new mgmt is solid, no fluff, and all business.
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