Press Releases

Excerpts from Dr. Bucshon’s remarks on the House floor can be found below and watched here.

“I rise today to discuss the Biden administration’s once again foolish rush to green energy agenda over U.S. energy dominance. I support an all-of-the-above energy strategy… Our allies are requesting U.S. LNG energy as I was just in Japan and Europe. The decision to freeze the approval process for new plants to export liquefied natural gas will stifle the U.S. economy, signal weakness to our key allies, and embolden our adversaries. And likely increase worldwide CO2 emissions. This ban sends a clear message that the Biden administration would rather appease radical environmental groups than unleash American energy. This is about election year politics, not pragmatism.” 

“I join my colleagues today in calling for the House to pass H.R. 7176, the Unlocking our Domestic LNG Potential Act of 2024, reversing the Biden administration’s de facto ban.”

“The bill is also paramount to global energy security, including as I previously mentioned to the Asia-Pacific and European areas of the world. Studies show also that LNG exports could add upwards of $73 billion to the U.S. economy. To ensure American energy leadership and security, Congress must pass H.R. 7176.”

BACKGROUND

Dr. Bucshon has remained a strong advocate for an energy agenda that promotes economic growth, affordability and reliability for consumers, and bolsters U.S. energy security.

President Biden’s LNG export ban:

• 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.

Dr. Bucshon 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.

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.”

Congressman Larry Bucshon, M.D. represents Indiana’s 8^th 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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