Condemning the Biden administration's politically motivated ban on liquefied natural gas exports to non-free trade agreement countries.

Foreign Trade and International Finance
house

Introduced on June 14, 2024 by Randy Weber

Cosponsors (45)

Legislation Details

  • Condemns the Biden administration’s ban on liquefied natural gas (LNG) exports to non-free trade agreement countries announced on January 26, 2024.
  • Criticizes the halt of pending approvals for LNG exports until the Department of Energy updates its analyses for authorizations.
  • Highlights that previous studies commissioned by the Department of Energy have shown the benefits of U.S. LNG exports to the economy and domestic natural gas prices.
  • Notes that the Department of Energy is not mandated to stop pending LNG permits while conducting environmental studies, referencing that similar studies were conducted during the Obama and Trump administrations without halting export permits.
  • Mentions that the U.S. was the leading exporter of LNG in the first half of 2023 and set a monthly record in April 2024.
  • States that U.S. natural gas is produced 41% more cleanly than Russian natural gas delivered to Europe.
  • Asserts that the decision to ban LNG exports is politically motivated and has negative consequences for the U.S. and its allies.
  • Emphasizes the importance of the U.S. energy sector to the economy, innovation, and technological advancements.
  • Recognizes the contributions of LNG companies to local communities, including partnerships with schools for training and hiring.
  • Criticizes the Biden administration for disregarding the economic well-being of communities with LNG facilities.
  • Calls for the immediate lifting of the ban on LNG export permits to restore confidence in the U.S. energy sector.
  • Urges the Biden administration to prioritize the interests of U.S. workers and communities over partisan political agendas.
  • Directs that copies of the resolution be sent to the President of the United States, the Secretary of Energy, and all relevant stakeholders to emphasize the importance of the U.S. LNG industry.

Last updated 8/21/2024