OFFICIALS LEGISLATION INTEREST GROUPS PUBLIC STATEMENTS COMMITTEES VETOES

Exporting Lng

Floor Speech

Date: Feb. 15, 2024
Location: Washington, DC

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Mrs. BICE. Mr. Speaker, since the breakthroughs of the shale revolution, the United States has become a growing producer of natural gas and a significant exporter of liquefied natural gas.

This past year, LNG exports hit record highs, and we became the world's leading exporter. These exports are critical for our European allies who are still dealing with the fallout of the Russian invasion of Ukraine.

This is why Biden's decision to stop issuing new LNG permits is deeply concerning. Sadly, this is just the latest attack on domestic energy production.

The President's decision will create tremendous regulatory uncertainty and eliminate American jobs. He has weaponized the permitting process and caved to environmental groups that seek to end fossil fuels.

We have seen what can happen when there is an insufficient supply of LNG globally. Energy prices rise, and the coal-fired power plants turn back on. I urge the President to reverse this reckless decision.

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