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Report: LNG exports don’t lead to increased domestic energy costs

Report: LNG Exports Don’t Lead To Increased Domestic Energy Costs

by Just The News
March 12, 2024
in Aggregated, News

  • Former White House Advisor: “Trump to Release $150 Trillion Endowment”


In the wake of the Biden administration announcing it was pausing pending applications for liquified natural gas (LNG) exports, industry reports from Texas challenge the administration’s reasons for doing so.

The administration announced it was implementing a temporary pause on pending decisions on exports of LNG to non-Free Trade Agreement countries until the Department of Energy updates “underlying analyses for authorizations.” Among the several reasons it gave for doing so is because current LNG export authorizations, which are five years old, “no longer adequately account for considerations like potential energy cost increases for American consumers and manufacturers beyond current authorizations or the latest assessment of the impact of greenhouse gas emissions.”

A new report published by the Texas Oil & Gas Association refutes this claim, citing federally-produced energy data. Other industry reports also refute Biden administration claims, which The Center Square is highlighting in a multi-part series on LNG exports.

Contrary to […]

Read the Whole Article From the Source: justthenews.com

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