As temperatures across Europe plummet this winter, people around the continent are reminded of the importance of a secure supply of natural gas to keep their homes warm. In November, Europe’s natural gas storage capacity was 95 percent full, marking a recognition from policymakers that significant levels of natural gas will be needed to ensure
Read More...Wednesday’s House Oversight and Accountability hearing will take a closer look at the motivations behind the Biden administration’s LNG pause and will likely see Department of Energy Assistant Secretary of Energy for Fossil Energy and Carbon Management Brad Crabtree face pointed questioning about the status of DOE’s study of the climate, economic, and other impacts
Read More...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...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...The Biden administration this week appealed a Louisiana federal court decision that halted its pause on LNG exports – a pause that has garnered bipartisan backlash, especially with key swing state Democrats in places like Pennsylvania. Now, as Vice President Kamala Harris debuted her Presidential ticket in Pennsylvania – the second largest natural gas producing
Read More...Recent polling proves President Biden’s pause on liquified natural gas (LNG) export approvals remains unsupported. The American Petroleum Institute (API) released polling showing 89 percent of Americans, including Republicans, Democrats, and Independents, believe the United States should continue to supply natural gas to our European allies and other countries. On the results of the poll,
Read More...This week, the Biden administration trotted out familiar disproven claims to justify their LNG export permitting pause. Testimony from Brad Crabtree, Assistant Secretary for the U.S. Department of Energy’s (DOE) Office of Fossil Energy and Carbon Management, at a House Oversight Committee hearing on the LNG export pause, failed to address or resolve widespread concern
Read More...Despite efforts from Europe to wean itself off Russian gas supply, the region’s energy regulator warned on Friday that the bloc is still dependent on Russian LNG to mitigate the risk of an energy shock – news made even more relevant given the United States’ still indefinite ban on LNG exports. The latest analysis by
Read More...While 2024’s first quarter showed steady oil and gas activity, political and regulatory hurdles – most notably the administration’s recent pause on U.S. liquified natural gas (LNG) exports exports – have created widespread worry amongst exploration and production (E&P) firms. The recent Dallas Fed Energy Survey, conducted between March 13 and March 21 and
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
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