The comprehensive nature of that little verse is the very basis on which the entire Word of God rests. That is why creationism - not evolution - is the rock upon which everything rests. These two diametrically opposed views are not merely 'scientific' beliefs; they define our spiritual positions.
Whether or not we believe that an omnipotent, omniscient, transcendent Creator God spoke everything into being impacts every facet of our entire worldview.
God owns the earth. He created it. He owns every living creature on the earth and every living creature in the sea. He owns the metals that keep the planet geometrically in balance. He owns our bodies and our souls. He owns the cattle on a thousand hills. He owns the rulers of the nations. He owns the nations.
Mankind was the crown of His creation, and we were to manage the earth as His stewards.
Now comes Lucifer, who I believe was jealous of man's position of management. Not only was he jealous of us, but he was jealous of God Himself - and filled with pride and arrogance. Being the most outstanding and gifted angel, he actually imagined that he could usurp the authority of the Creator himself. And he has been working at it for thousands of years, despite knowing the ultimate outcome of ruination for himself.
I have noticed with great fascination during my study of the great deceptions of these last days that every single thing Lucifer does is a 'copy' of what God does. He is not an original thinker, but a copycat, a perfect example of the blinding power of greed, envy and pride. He doesn't even run a close second.