Congressman August Pfluger (TX-11) joined Sunday Morning Futures on Fox News to discuss President Trump's energy agenda and the vital role the Permian Basin will have in accomplishing it. Watch the full interview HERE, or read the conversation below.

Jackie DeAngelis: We're talking all morning about Trump's economic agenda. Obviously, tariffs are on everyone's mind, but energy is also a big part of this. He wants to unleash American energy once again. President Biden tried to suffocate the energy industry. Explain to me how that's going to work in the Permian - deregulation is part of it, investment is part of it, and the companies are on board.

Rep. Pfluger: Well Jackie, it's great to be with you, and you're absolutely right. Energy underpins everything we do, our entire economy, our national security sector - it's the most important thing, and it's foundational to everyday life. What we do in the Permian Basin, as you rightfully showed, is unleashing affordable, reliable energy, and that's what we should be doing throughout the United States. I was proud to have a bill signed into law just a couple of weeks ago that cut the harmful natural gas tax that President Biden imposed, but that's not it. That's not all of it. What President Trump is now doing is cutting that red tape. He's cutting the bureaucracy. He's making it easier. You're going to see lease sales both onshore and offshore. And most importantly, we have to get to a place of permitting reform so that energy companies are not competing with Uncle Sam. That you don't have years of delays due to litigation or the red tape that the bureaucracy has imposed and I think that's what you're going to see. It's going to enter us into a new era of energy and with the incoming AI data centers and the technology that you're seeing, the demand for electricity is only going to increase. In some cases, people are predicting as much as double.

Jackie DeAngelis: When you look at oil prices, there are a few bright spots in this market right now, even amidst the turmoil that we're watching on the specific indices with stocks. Because you're looking at oil prices that have come down, you've got OPEC, increasing supply, playing ball with President Trump, as he's trying to modify the energy agenda, you bring those gas prices down, not only for consumers, but you bring them down for companies. And you're talking about lower inflation.

Rep. Pfluger: Well, there's a sweet spot for the production of oil and gas because you want enough rigs to drill, you want the ability to be able to produce, and the supply to match the demand. And so, actually, I think what people are probably looking at across the United States is somewhere in the neighborhood of $65 to $85 and that really allows the predictability. Predictability is the word in this industry that people are looking for. They want a predictable future to invest in. And super high prices, over $100 or even $20, $30, $40 per barrel of oil is not good for the economy. What is good for it is a predictable barrel of oil price so we can compete around the world.