On the recordFebruary 15, 2024
I thank the chairman for yielding. Now more than ever, there is an urgent need for American energy leadership. Yet, with the President's most recent announcement banning new American LNG exports, he will singlehandedly undermine our energy sector and endanger our allies overseas. Rather than holding countries like China and Russia accountable, President Biden would rather play politics and appease the radical climate activists. Here are the facts. Increasing LNG exports would add over $70 billion to the U.S. economy and create over 400,000 American jobs by 2040. American LNG is more than 40 percent cleaner than Russian LNG. Also, since we have increased our LNG exports, domestic natural gas prices have remained affordable and stable despite record inflation. I thank August Pfluger for his work here, and I also thank our former colleague and my good friend, Bill Johnson, for leading on this legislation and the LNG export issues for many years.





