Petroplex News

Today, Congressman August Pfluger expressed strong opposition to a recent study by the U.S. Department of Energy (DOE) concerning liquefied natural gas (LNG) exports. The report, which Pfluger claims is politically motivated, has been criticized for its potential impact on the U.S.'s role in global energy supply.

Pfluger stated, "Today’s study released by the Biden-Harris White House regarding liquefied natural gas (LNG) exports is politicized and reckless." He accused the administration of catering to climate activists by previously banning LNG exports without considering scientific evidence or international needs.

The congressman highlighted that over 87% of U.S. LNG exports in December 2023 were directed towards European and Asian markets, contributing significantly to reducing natural gas prices in Europe after Russia's invasion of Ukraine. Since the export ban, Russia has surpassed the U.S. as Europe's primary gas supplier.

Pfluger challenged DOE's assertion that there is no demand for increased LNG exports, pointing out that European allies have requested a reversal of the ban due to its detrimental effects on Western order. Furthermore, he warned that continued restrictions could lead to higher prices and reduced LNG demand in Asia by 30% through 2035.

He questioned the change in DOE's stance on energy demand increases and attributed it to political motives behind the study. Pfluger argued that "LNG exports unequivocally benefit our economy and domestic prices," emphasizing clean natural gas's role in emission reductions and international support.

Looking ahead to 2025, Pfluger urged Congress to limit DOE's authority over LNG export licenses, advocating for an enhanced U.S. presence in global energy markets.