Frank Pallone: “Mr. Speaker, I hear my colleagues on the other side of the aisle, the Republicans, talk about the demand for LNG in…”

“Mr. Speaker, I hear my colleagues on the other side of the aisle, the Republicans, talk about the demand for LNG in Europe and how we are not giving Europe or other allies enough LNG. The fact of the matter is that we are sending more LNG to our European allies and our other allies than ever before. DOE, the Department of Energy, has issued enough permits to triple our export capacity from what it is today, even if they never issued another permit. That will take us into the early 2030s, when European policy is set to reduce natural gas consumption. We have approved so many terminals that most forecasters are seeing a massive glut of LNG on the market starting next year and running well into the 2030s. If this bill never becomes law, our European allies, our allies--I think South Korea or Japan was mentioned--will be well supplied. What is really happening here with this bill is helping China. That is what this is about, Beijing, Communist China. In 2024 alone, the United States exported over 200 billion cubic feet of gas to China. At a time when Americans are struggling to pay their heating bills and our power grids are facing unprecedented demand, President Trump and his Republican Party care more about subsidizing China's economic development and basically lining the pockets of their fossil fuel friends.”