Lng Ban Hurts Americans

Floor Speech

Date: Feb. 5, 2024
Location: Washington, DC

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Mr. FULCHER. Mr. Speaker, President Biden is constantly putting his Green New Deal ideology ahead of the American people when it comes to the U.S. energy sector. From canceling the Keystone pipeline to ending Federal drilling projects, the President has weakened our domestic energy production since his first day in office, leading to sky-high oil prices across the country and a loss of nearly 11,000 American jobs.

Now, the administration is performing the same song and dance in the name of climate change by halting exports of liquefied natural gas abroad. It is lunacy.

I am proud to join 150 of my Republican colleagues, led by Chair Cathy McMorris Rodgers, in a letter to the President expressing our concerns and our opposition to this decision.

LNG is a clean energy source. By cutting off American exports, we are forcing our allies into the arms of nations often hostile to America. By the way, they often have zero environmental regulations.

Over the last 2 years, the EU has been forced to import 40 percent more LNG from Russia, directly funding Russian aggression in Ukraine with roughly $21 billion in 2022 alone.

If kept intact, our LNG industry is projected to bring up to 452,000 additional jobs to hardworking Americans by 2040, adding some $50 billion to $73 billion to our economy. Plus, we gain the economic leverage as an economic exporter of energy to other nations.

Mr. Speaker, as a cosponsor of H. Res. 987, Denouncing the harmful, anti-American energy policies of the Biden administration, I urge my colleagues to put an end to Biden's war on the U.S. energy sector. It is time to prioritize the well-being of Americans over the flawed ideologies of the Green New Deal.

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