Domestic Prosperity and Global Freedom Act

Floor Speech

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Mrs. CAPITO. I would like to thank my colleague from California for his leadership on the Domestic Prosperity and Global Freedom Act.

This legislation would require the DOE to act quickly in considering applications to export liquefied natural gas.

New technologies have unlocked vast resources of natural gas across the country. Our natural gas production will increase by 56 percent between 2012 and 2014.

If you want to see what real natural gas development looks like in a place that could really use the economic development, come to northern West Virginia or to southwest PA. More production means more American jobs and more West Virginia jobs.

The Marcellus shale production in West Virginia is surging, and the possibility of LNG exports will mean more good-paying jobs here at home--and a lot of them. By 2035, LNG exports are expected to create 8,600 West Virginia jobs and put $1.7 billion in State revenues.

We need to do everything possible to put West Virginia resources to work for West Virginians, and today's legislation will make a real, positive difference for working families and communities in my State and in States across the Nation.

This bill would allow us to import jobs and economic opportunity, while we export both energy and physical security to our friends and allies. More than a third of the natural gas consumed in Europe comes from Russia, and I am sure our allies would rather be buying natural gas from the United States.

Passing this bill will create jobs in West Virginia and across the country. It will grow our Nation's economy and strengthen our relationships with our allies. I encourage my colleagues to vote for this important bill.

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