WASHINGTON, D.C. – Senator Thom Tillis and his colleagues recently introduced the Unlocking Domestic LNG Potential Act which depoliticizes the export of American liquefied natural gas (LNG) by eliminating the requirement for the U.S. Department of Energy (DOE) to authorize its export and instead gives the Federal Energy Regulatory Commission (FERC) sole authority over the approval process.
The legislation comes just days after President Biden handed a major victory to both Vladimir Putin and far-left climate activists by pausing approvals of pending applications for LNG exports. The president’s anti-energy decision is a major blow to American energy independence and will only increase global reliance on Russia and other bad actors around the world.
“President Biden’s decision to halt the export of American liquefied natural gas is yet another example of this Administration’s misguided and harmful energy policies,” said Senator Tillis. “We must ramp up energy production here at home instead of relying on foreign adversaries, utilize our abundant natural resources, and unleash American energy independence.”
- Last week, the Biden Administration paused approvals of pending applications for LNG exports.
- U.S. gas exports have more than quadrupled in the past decade, making America the largest natural gas exporter in the world.
- As tensions rise around the world, there is a growing demand for American energy from our international partners in Europe, the Indo-Pacific and elsewhere.
- Our European allies, for example, have become increasingly reliant on the U.S. for LNG in light of Russia’s unprovoked invasion of Ukraine in February 2022.
- This LNG plan places the Biden Administration in the position of choosing between strengthening U.S. national security by helping our partners and allies or caving to progressive activists.
Full text of the bill is available HERE.