[Congressional Record Volume 170, Number 30 (Thursday, February 15, 2024)]
[House]
[Pages H645-H646]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
WAR ON AMERICAN ENERGY
The SPEAKER pro tempore. The Chair recognizes the gentleman from
Tennessee (Mr. Rose) for 5 minutes.
Mr. ROSE. Madam Speaker, since stepping inside the Oval Office,
President Biden has waged war against American energy.
This costly campaign against American energy producers, workers, and
consumers has caused prices to skyrocket for almost everything.
Now, signaling his dedication and unwavering support to Green New
Deal activists instead of everyday hardworking Americans, President
Biden has paused all pending approvals of liquefied natural gas, or
LNG, terminals.
His reason for doing so, he claims, is the so-called climate crisis,
which he goes on to say is the existential threat of our time.
Madam Speaker, to the hardworking folks of Tennessee, the existential
crisis of our time is putting food on the table and keeping the lights
on, which have become far more difficult under President Biden and his
administration's anti-energy policies.
Thankfully, House Republicans have taken action. Last year, we passed
the Lower Energy Costs Act, H.R. 1, which would unleash America's
energy dominance and bring back our energy independence by reforming
the permitting process and cutting bureaucratic red tape to help drive
costs down for all Americans.
Instead of joining Republicans in this commonsense approach to
increasing energy production and lowering costs for all Americans,
President Biden has instead chosen to raid the Strategic Petroleum
Reserve and beg foreign dictators to increase their energy production
when we have what we need right here at home under our feet.
The United States of America shouldn't have to rely on foreign
dictators for our energy needs, and that is exactly what banning LNG
exports will lead to.
That is just one of the many reasons why we are continuing our
efforts to fight back against President Biden's war on American energy,
this time by
[[Page H646]]
passing the Unlocking our Domestic LNG Potential Act, which was
introduced by the gentleman from Texas (Mr. Pfluger).
This bill is simple. It reverses President Biden's latest attack on
the American energy industry by reversing his decision to ban American
LNG exports.
American LNG helps to strengthen our economy, reduces worldwide
emissions, and provides security to our Nation and our allies.
According to the American Petroleum Institute, increasing LNG exports
could add as much as $73 billion to the U.S. economy and upwards of
453,000 high-paying American jobs by 2040.
Additionally, more than 87 percent of LNG exports in December 2023
went to the European Union, the United Kingdom, and our allies in Asian
markets.
Without a doubt, American LNG helped to reduce natural gas prices in
Europe by over 83 percent from the 2022 levels following Russia's
invasion of Ukraine.
Madam Speaker, I urge my colleagues on both sides of the aisle to
join me in voting ``yes'' on H.R. 7176, the Unlocking our Domestic LNG
Potential Act, to ensure American energy leadership and security. This
bill is a commonsense approach to increasing our energy production and
lowering costs for all Americans.
I am proud to support its passage and will always fight against
President Biden's war on American energy and American energy
independence and the energy needs of the American people.
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