Petroplex News

Rep. August Pfluger and Senator Tim Scott have introduced legislation aimed at easing restrictions on the export of American liquefied natural gas (LNG). The proposed Unlocking Domestic LNG Potential Act seeks to transfer the authority for approving LNG exports from the U.S. Department of Energy to the Federal Energy Regulatory Commission, thereby streamlining the process.

The bill is a response to measures taken during President Biden's administration that halted LNG export approvals, which Rep. Pfluger criticized as detrimental to America's energy sector. "President Biden spent four years pandering to progressive climate extremists and restricted future energy exports instead of unleashing American energy production," Pfluger stated.

Senator Scott emphasized the importance of domestic energy production for national security and economic stability. "Unlocking American energy production not only plays a vital role in safeguarding our national security but is the path to lowering energy costs for families across the nation," he said.

The legislation has garnered support from several lawmakers, including Representatives John Joyce, Julia Letlow, Victoria Spartz, Dan Crenshaw, Lauren Boebert, Stephanie Bice, Roger Williams, Troy Balderson, Craig Goldman, Randy Weber, Jodey Arrington, Dan Newhouse, Jake Ellzey, Pete Sessions, Brian Babin, John Carter, Clay Higgins and Senators Kevin Cramer, Pete Ricketts, Ted Budd, Katie Britt and Rick Scott.

American Energy Groups such as the American Exploration and Production Council (AXPC) and the American Petroleum Institute (API) have expressed their approval of this legislative move. Parker D. Kasmer from AXPC noted that maintaining leadership in LNG exports is crucial for economic strength and security. Amanda Eversole from API highlighted how U.S. LNG exports bolster jobs domestically while projecting geopolitical strength.