Lng Ban Hurts Americans
Floor Speech
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Mr. ALLEN. Mr. Speaker, I thank Mr. Joyce for hosting tonight's Special Order.
Mr. Speaker, just 2 weeks ago, in yet another example of President Biden caving to leftwing activists, this administration announced that they would pause all pending approvals of liquefied natural gas, or LNG, export terminals.
Under the guise of climate change, this blatantly political decision will only serve to eliminate American jobs, increase costs for American consumers, and further jeopardize U.S. energy security, all to appease climate extremists and prop up President Biden's rush-to-green agenda.
Let me remind the American people that just 3 years ago, our Nation was energy independent for the first time in our history. We controlled the price of a barrel of oil. We dominated the world energy economy.
Studies show that LNG exports could increase the U.S. economy by over $73 billion by 2040 and could create more than 453,000 American jobs.
Mr. Speaker, the President should please listen.
It is no surprise that this reckless announcement was met with bipartisan backlash when a recent study showed that only 3 percent of Americans believe climate change is the most pressing issue facing our country.
I hear constantly from my constituents how high energy prices are. Indefinitely banning exports of LNG will not lower the cost of energy. We need to open our markets and domestic energy production to lower costs for the American people.
Now, more than ever, we need to embrace an all-of-the-above energy strategy and unleash the production and export of clean, affordable, and reliable American LNG to further reduce emissions.
Finally, President Biden's war on American energy is undermining our national security. As Chair Rodgers said, this is nothing more than a gift to Putin.
Mr. Speaker, if this administration wants to end the war in Ukraine and bring peace to the Middle East, then give us the permits for the pipelines and the LNG facilities, and we will power Europe. This will cripple Russia and Iran. In fact, Europe, like the U.S., would be burning their energy 42 percent cleaner.
I thought we wanted to reduce the carbon footprint and at the same time promote world peace. I proudly stand with my colleagues in calling out this political charade.
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