What Others Are Saying: Administration’s Moratorium of New U.S. LNG Export Permits
Recently, the Biden administration announced that it will be delaying all permits for new LNG export facilities, citing climate concerns and community impacts. A short-sighted move to entice his environmentalist base, Biden’s decision will put our international relationships, role in global energy security and the prosperity of American workers into harm’s way.
Leaked initially by the New York Times, this decision sent shock waves throughout the international community and our nation, especially in the Gulf states as many companies and communities await these projects for new economic opportunities. It is unclear how many projects will be affected as there are many still waiting for Federal Energy Regulatory Commission approval before going to the Department of Energy for review. While the influencer and activist class may celebrate the pause on LNG exports, hear what the real experts have to say below.
What others are saying:
“It is very important to be able to provide that kind of fuel to our allies because they’ve joined with the United States, they have lost the ability to have to rely on Russian energy. That’s a good thing and we ought to be providing the support necessary in order to give them the ability to be independent of that source of energy.” – former Defense Secretary Leon Panetta.
“This industry has created good-paying energy jobs in towns and communities across the Commonwealth and has played a critical role in promoting U.S. energy independence.” – Senators Bob Casey and John Fetterman (D-PA).
“To create a market, you have to have producers, and then you have to have buyers and sellers. So this market is being created and it is one of the most exciting, robust markets in the world because it can help us lower our emissions, not just because it makes money, not just because it’s good for our national security, but it is responsible for lowering domestic emissions. And as we displace international coal, we lower global emissions.”- former Senator Mary Landrieu (D-LA).
“American LNG exports have enhanced our geopolitical influence and international energy security across the board since 2016. In addition to Europe, U.S. LNG has a significant impact on energy security in Asia. Limiting U.S. LNG exports does not have any impact on the world’s demand for natural gas. Instead, countries including Russia and Iran will simply produce more energy that is subject to less stringent environmental regulations. As a result, limiting American LNG exports in the name of stopping climate change could do just the opposite and add to global emissions.” – Senators John Kennedy and Bill Cassidy (R-LA).
“To try and now take this issue where it has been an unmitigated success and our ability to provide this natural gas to our allies, to lower emissions around the world, to increase energy security, makes no sense.” – Marty Durbin, President of the U.S. Chamber of Commerce’s Global Energy Institute.
