The Department of Energy’s continued pause on permitting U.S. LNG export facilities jeopardizes 900,000 American jobs, according to a new report released today by the National Association of Manufacturers (NAM). Prepared by PricewaterhouseCoopers, the report highlights the economic benefits of U.S. LNG exports, finding: “US LNG exports supported an estimated total of 222,450 jobs in
Read More...Another major roadblock from the federal government threatens the flourishing American LNG industry. On August 6, 2024, the U.S. Court of Appeals for the D.C. Circuit issued an order vacating the Federal Energy Regulatory Commission’s (FERC) authorization of NextDecade Corporation’s Rio Grande LNG (RGLNG) facility at the Port of Brownsville. The court’s ruling against FERC
Read More...The Biden administration’s Department of Energy relied on a “flawed study” by controversial keep-it-in-the-ground researcher Dr. Robert Howarth in implementing the widely criticized LNG export pause, Republicans argued in a new letter sent to Energy Secretary Jennifer Granholm. The letter, sent Thursday and led by Rep. August Pfluger (R-Texas) and Sen. Tim Scott (R-S.C.) underscored
Read More...North American LNG export capacity is likely to double by 2028, but only if projects under construction become operational on schedule, according to a new analysis from the U.S. Energy Information Administration. The forecast comes on the heels of the Department of Energy granting permits to New Fortress Energy’s Altamira terminal –a step in the
Read More...The International Gas Union’s Global Gas Report 2024 shines a spotlight on a critical issue: a significant lack of investment in natural gas production and infrastructure, all while global demand for gas is expected to rise steadily over the next decade. According to IGU’s report, global gas demand in 2023 increased by 59 billion cubic
Read More...Adding to the continued blows against the activist narrative that U.S. liquefied natural gas (LNG) is bad for the environment, a new study analyzing the lifecycle of greenhouse gas emissions (GHG) found that U.S. LNG exports are environmentally beneficial in comparison to alternative fuels. The study, commissioned by Natural Allies for a Clean Energy Future
Read More...Department of Energy Deputy Secretary David Turk defended his administration’s LNG pause while repeatedly dancing his way around questions on when it would end at Wednesday’s House Science, Space, and Technology hearing on the DOE Fiscal Year 2025 budget proposal. In response to questions on the timeline, Dep. Sec. Turk repeatedly answered: “What we are
Read More...Four months after the Biden’s administration decided to pause permitting approval for LNG exports, experts have continued to emphasize the policy’s damaging effects on the American economy and allies’ energy security. Speaking this month at the Qatar Economic Forum in Doha, Ken Griffin, CEO of hedge fund Citadel, said that the decision was an “incoherent”
Read More...Opposition to the Rockefeller-backed LNG export “pause” keeps pouring in from Republicans and Democrats alike. Last week, eight moderate Democratic members of Congress sent a letter to President Biden requesting regular updates on the Department of Energy’s evaluation of LNG exports and more clarity on the timeline of the pause. Many of the letter signers
Read More...The indefinite U.S. LNG export pause by the Biden administration continues to raise experts’ eyebrows and spark reactions domestically and internationally. This week, JP Morgan CEO Jamie Dimon called the move “enormously naïve,” while a House Energy and Commerce field committee hearing highlighted the ban’s ramifications on education and workforce development. JP Morgan CEO Jamie
Read More...The liquified natural gas (LNG) export permitting freeze was at the top of the news cycle again this week as S&P Global’s CERAWeek and Energy Week in Congress took place, with Energy Secretary Jennifer Granholm laying out a timeline for the pause. Kind of. At CERAWeek, Secretary Granholm said: “By the time we meet here
Read More...The Biden administration’s decision to pause new liquefied natural gas export permits was based off a study that was deliberately published prior to peer review, and is part of a broader effort to “get rid of fossil fuels as quickly as possible,” according to the author of the study. In the latest round of environmental
Read More...A key claim from environmental activists and supporters of the Biden administration’s export ban is that increased LNG exports drive up domestic prices. But data continuously shows this is demonstrably false: SHOT: CHASER: #TodayInEnergy – Henry Hub daily #naturalgas spot price fell to record lows in February https://t.co/ldjILFNpDu pic.twitter.com/VSjG2HBybd — EIA (@EIAgov) February 28, 2024
Read More...The Biden administration’s LNG permit freeze has sparked national and international debate over LNG export facilities and the LNG industry as a whole. President Biden’s election-year decision has been deemed purely political and detrimental to U.S. energy and economic security, garnering bipartisan, industry and even international opposition. EID has previously debunked the many myths surrounding
Read More...Billionaire “philanthropists” like the Rockefellers often claim to care about noble causes like the security of the United States’ European allies and reducing greenhouse gas emissions. But it turns out that a campaign targeting liquified natural gas (LNG) exports–which will cause harm to both of those causes–takes priority. A recent Wall Street Journal article details how the Rockefellers, Michael Bloomberg, and other
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