McCaul, 150 House Republicans Demand Biden End His De Facto Ban on American LNG Exports
WASHINGTON — This week, U.S. Congressman Michael McCaul (R-Texas) joined 150 Republicans, led by Energy and Commerce Committee Chair Cathy McMorris Rodgers (R-Wash.), in sending a letter to President Biden, criticizing his de facto ban on U.S. liquefied natural gas (LNG) exports, a decision that jeopardizes the stability and affordability of natural gas domestically, hurts the American economy and jobs, undercuts our allies, and strengthens our adversaries.
The lawmakers wrote, “We write regarding the announcement that the Department of Energy (DOE) will stop issuing indefinitely permits to export liquefied natural gas (LNG) while your administration conducts an additional 'public interest' review, including environmental, economic, and environmental justice criteria. This is economically and strategically dangerous and unnecessary. Under both Democratic and Republican administrations, DOE has consistently found that U.S. LNG exports serve the 'public interest' because they contribute positive economic benefits and strengthen energy security for the American people, and also have the potential to reduce global greenhouse gas (GHG) emissions.”
They concluded, “Policies supporting LNG exports will grow our economy, create good paying jobs, and strengthen the energy security of our allies. We urge you to end this unnecessary review and expeditiously approve all pending applications to increase the global supply of natural gas.”
Background:
- On January 26, President Biden froze the approval process for both new and pending U.S. LNG export sites, prioritizing the wishes of radical activists over U.S. energy security and the security of our allies.
- Studies show that LNG exports could add approximately $73 billion to the U.S. economy by 2040, create approximately 453,000 American jobs, and increase U.S.-held purchasing power by $30 billion.
- Over the past seven years, the U.S. has increased its LNG export capacity from zero to 11.6 billion cubic feet per day. During the same period, the spot price of U.S. natural gas has remained relatively stable and affordable.
- President Biden’s actions will weaken global energy security, halt investment in American energy, and jeopardize U.S. energy leadership.
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Click here to read the full letter.
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