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WASHINGTON DC (02/15/2024) – Today, the U.S. House of Representatives passed H.R. 7176, the Unlocking our Domestic LNG Potential Act of 2024 by a vote of 224 – 200. This bill, introduced by Rep. August Pfluger (R-TX), reverses President Biden’s ban on approvals of exports of liquified natural gas (LNG). Increased U.S. exports reduce global […]
The American Energy Alliance support H.R. 7176, Unlocking our Domestic LNG Potential Act, which would remove restrictions on approvals of exports of liquified natural gas. The restrictions targeted for repeal by H.R 7176 are antiquated procedures left over from the days of energy scarcity. Fears that the United States was running out of natural gas prompted […]
The President of the United States is breaking his word with our allies and weakening NATO WASHINGTON, DC (1/26/24) – Today, the Biden administration suspended decisions on export permits for liquefied natural gas (LNG) facilities while the Department of Energy “reassesses” whether it is properly accounting for the climate impacts from proposed projects. This election […]
Biden’s Department of Energy (DOE) has increased the time it takes to review a permit for exporting LNG from 7 weeks to a minimum of 11 months. The slowing of permit approval could mean that nearly-completed LNG projects are not able to supply European buyers in need of gas because they do not have the permit. […]
It is not enough for China to be the dominant economy in the electric vehicle battery supply chain and the biggest processor of critical minerals, but it is now making inroads in the liquefied natural gas (LNG) tanker business with nearly 30 percent of this year’s record orders. Local and foreign ship owners turn to China’s […]
EIA’s Annual Energy Outlook 2022 reference case (which assumes current laws and regulations) projects that U.S. energy consumption will grow through 2050. According to the reference case, petroleum will retain the largest share of energy consumption throughout that period, followed by natural gas. Renewable energy is projected as the fastest-growing energy source through 2050. EIA […]
The United States became the largest exporter of liquefied natural gas (LNG) in December 2021, edging out Qatar and Australia, as projects ramped up production and deliveries surged to Europe to help alleviate the energy crisis there. Output from U.S. LNG facilities edged above Qatar in December due mainly to an increase in exports from […]
President Trump is reportedly meeting with the leaders of several U.S. oil producers today to discuss some sort of temporary relief for the industry from the sharp drop in oil prices caused by the drop in demand due to COVID-19 pandemic. Although it isn’t completely clear what the administration has in mind, there are rumors […]