[Congressional Record Volume 170, Number 17 (Tuesday, January 30, 2024)]
[House]
[Page H299]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
SUPPORTING PRODUCTION OF LIQUEFIED NATURAL GAS
(Mr. FULCHER asked and was given permission to address the House for
1 minute and to revise and extend his remarks.)
Mr. FULCHER. Mr. Speaker, President Biden is sacrificing American
jobs and supporting Vladimir Putin's aggression by pausing U.S. exports
of liquefied natural gas abroad, all in the name of climate change.
In typical D.C. fashion, the President has refused to look at the
facts before threatening our energy infrastructure. Not only is LNG a
clean energy source, it is abundantly produced in our own backyard. By
cutting off American LNG, we are forcing our allies into the arms of
nations with zero environmental regulations.
Over the last 2 years, the EU has been forced to import nearly 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 $50 billion to
$73 billion to our economy.
It is time to prioritize the well-being of Americans over the flawed
ideologies of the Green New Deal.
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