On the recordFebruary 5, 2024
I thank my friend and colleague, Dr. Joyce, for hosting this Special Order on such an important topic. Simply put, President Biden's liquefied natural gas export ban puts politics over people and America last. The Biden administration states that they must put a pause on the LNG permits to conduct more studies to better understand the effects of U.S. LNG exports. Let's be honest, how many more studies do we realistically need? The Department of Energy has already commissioned five studies on this very subject. Let us not forget that previous administrations did these studies without blocking export permits. Really, what this administration is doing is creating additional uncertainty in an industry that is already under constant assault by the Biden administration. This pause will have and is starting to have a chilling effect on investment and discouraging foreign governments from signing long-term contracts. Furthermore, this will undermine America's position as a global energy leader and exporter of LNG. Stopping U.S. LNG exports will stifle economic growth by limiting revenue streams and job opportunities associated with LNG production, liquefaction and export infrastructure. For those unfamiliar, the LNG industry is not one you can turn on and off like a light switch. It requires constant investment and development. You can't stop on a whim.…





