Opinion: The role of US LNG globally cannot be understated
Fri, January 26, 2024
By Ed Longanecker, Texas Independent Producers & Royalty Owners Association
The Biden administration’s most recent efforts to reduce U.S. natural gas production capacity and LNG export capabilities directly threaten America’s economic and energy security while also hindering our allies’ abilities to combat foreign political interference. Amidst growing geopolitical instability and rising energy costs, American natural gas production has proven, once again, essential to ensuring communities across the U.S., as well as our global allies and trade partners, have access to reliable, affordable energy. Simply put – the role of U.S. LNG cannot be understated.
The Biden administration’s proposed restrictions on LNG exports, alongside the continually delayed permitting processes, will have far-reaching consequences both on our strategic allies’ national security and American jobs and economic opportunities.