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Rep. Bucshon, House Republicans Urge President Biden to End De Facto Ban on U.S. LNG Exports

Washington, February 5, 2024
Tags: Energy

WASHINGTON – Today, U.S. Representative Larry Bucshon, M.D. (R-IN-08) joined more than 150 House Republicans in sending a letter to President Biden lambasting him for his de facto ban on U.S. liquefied natural gas (LNG) exports, a decision that jeopardizes the stability and affordability of natural gas domestically, hurts the American economy and jobs, undercuts our allies, and strengthens our adversaries. 

In the letter, the Republican lawmakers demand the Biden administration expeditiously approve all pending applications: “We write regarding the announcement that the Department of Energy (DOE) will stop issuing indefinitely permits to export liquefied natural gas (LNG) while your administration conducts an additional “public interest” review, including environmental, economic, and environmental justice criteria. This is economically and strategically dangerous and unnecessary. Under both Democratic and Republican administrations, DOE has consistently found that U.S. LNG exports serve the “public interest” because they contribute positive economic benefits and strengthen energy security for the American people, and also have the potential to reduce global greenhouse gas (GHG) emissions.”

Click here to read the full letter.

BACKGROUND

  • On January 26, President Biden froze the approval process for new U.S. LNG export sites, prioritizing the wishes of radical activists over U.S. energy security and the security of our allies.
  • Studies show that LNG exports could add upwards of $73 billion to the U.S. economy by 2040, create upwards of 453,000 American jobs, and increase U.S. held purchasing power by $30 billion.
  • Over the past seven years, the U.S. has increased its LNG export capacity from zero to 11.6 billion cubic feet per day. During the same period, the spot price of U.S. natural gas has remained relatively stable and affordable.
  • These actions will weaken global energy security, halt investment in American energy, and jeopardize U.S. energy leadership.

Congressman Larry Bucshon, M.D. represents Indiana’s 8th Congressional District in the United States House of Representatives and is a senior member of the House Energy and Commerce Committee.

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