On the recordJanuary 28, 2015
Mr. Speaker, again, I wanted to return to the floor because the thought occurs to me, as it should to all of the American people, that we should consider the impact of this bill, the impact of LNG exports, and the impact that it would have on U.S. manufacturing. Mr. Speaker, at the end of the day, let us protect, by all means, American jobs. Let us protect American manufacturing. Cheap domestic natural gas prices are providing a big boost and competitive advantage to U.S. manufacturing. We can all agree on that on both sides of the aisle. Mr. Speaker, the disagreement occurs when the other side, the Republicans, are asking us in this Congress to make a hasty decision that could undermine the advantage that we are now experiencing in the rapid increase in manufacturing. This bill runs the risk of reducing our competitive advantage that we have now in the manufacturing sector. It requires DOE to rush its process and make final decisions on pending applications to export a huge quantity of LNG. If all of the pending applications are granted, DOE will authorize the export of approximately 38 million cubic feet per day of LNG. That is more than half of the total U.S. natural gas consumption. It is more than the world's largest LNG exporter, Qatar, currently makes each and every day. There is no question, Mr. Speaker, in my mind or in the minds of the American people that exports of that magnitude will increase the domestic price of natural gas.…





