American - Politician | March 13, 1957 -
Our single greatest challenge is the ability to move power to markets outside North Dakota.
John Hoeven
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Delayed energy projects and regulatory hurdles to domestic oil production not only cost the United States economy billions of dollars and millions of jobs, but they also stand in the way of an elusive goal: true American energy security.
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We have the resources and technology to produce more energy than we consume and break our long-standing dependence on foreign sources of oil. All we need is the will. In fact, there's a path to follow, one that North Dakota blazed over the last decade by building a comprehensive energy plan we called Empower North Dakota.
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Since 2006, we have surpassed Alaska, Oklahoma, Louisiana, and California in oil production to become the second largest oil-producing state in the nation, trailing only Texas. In 2012, North Dakota produced more than 245 million barrels of oil and provided nearly 11 percent of all U.S. output.
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One of the key things that we did at Bank of North Dakota that I worked to try to do with our state economic development is make sure we are customer-service oriented.
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We believe that business is the engine that drives the car. You've got to build your business base. That means creating more jobs, better paying jobs - that's how you raise your standard of living. That's how you raise your quality of life. That's what funds all the other services people want from government.
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Got to build that business base and then you can fund all the things people want: education, health care, strong law enforcement, roads, bridges, infrastructure - all those things flow from that economic base.
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If you take a look at Medicare, there are things we could do, not just tort reform but truly reform the whole reimbursement system which will help in terms of reducing costs and creating the right kind of incentives for savings.
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You don't get an economy growing by raising taxes.
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On Earth Day, we celebrate all the gifts the world and nature make available to us. We recognize our complete dependence on its bounty. And we acknowledge the need for good stewardship to preserve its fruits for future generations.
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Pipelines are by far the safest way to transport petroleum. They are safer than tankers, safer than trucks, safer than rail.
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President Roosevelt's leadership put the world on notice that the United States of America - with the freest, most dynamic economy the world had ever seen - was open for business.
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