[Congressional Record Volume 170, Number 35 (Tuesday, February 27, 2024)]
[Senate]
[Pages S995-S996]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
Energy
Mr. THUNE. Mr. President, President Biden's war on American energy
continues. Last month in a move apparently made, in part, to satisfy
climate activists on TikTok and win a few votes in the upcoming
election, the administration announced a pause on liquefied natural gas
export approvals, threatening both domestic energy projects and the
energy security of our allies.
It is difficult to count all the ways in which the President's export
approval pause is a terrible decision. But let's start with the
national security concerns that it presents.
At a time when Russia and Iran are flexing their power--with Russia
now entering the third year of its unjustified war of aggression with
Ukraine and with Iranian-backed militia threatening shipping and
security in the Middle East--the President's action threatens to enrich
these two countries by increasing demand for their natural gas, and
Russia and Iran are ready to oblige. Russia is currently constructing a
new liquefied natural gas export facility, and Iran is working on one
as well.
It is ironic that, as the President talks about the importance of
opposing Putin, he is taking a step that could actually strengthen
Putin's hand by increasing global dependence on Russian energy. Europe,
of course, struggled to wean itself off of Russian energy when Russia
invaded Ukraine, and American exports played a significant role in
replacing Russian imports.
Now, President Biden's decision is calling American reliability as an
export partner into question and, as a recent article noted, ``is
spooking Europe's fragile energy industry.''
And let's be very clear. The President's export pause, ostensibly
taken for climate-related reasons, will do nothing to reduce global
emissions. In fact, it runs the risk of increasing global emissions by
pushing other countries to import natural gas from less environmentally
friendly exporters or to continue to rely on other forms of energy like
coal. Russian natural gas production, for example, is nowhere near as
environmentally responsible as American natural gas production, and we
have nothing to gain and much to lose environmentally by pushing
countries to import gas from places like Russia.
Finally, of course, there is the risk that the decision will
undermine the strength of the U.S. energy sector, something we should
be seeking to build up, both for the jobs it provides Americans and
because of its ability to strengthen U.S. influence globally.
President Biden's decision to pause liquefied natural gas export
approvals is, of course, just one in a string of decisions he has made
throughout his Presidency that imperil future domestic production and
threaten our Nation's energy security. Since the day he took office,
President Biden has pursued an agenda that is hostile to conventional
sources of energy--namely, oil and natural gas--and he has done
everything he can to push our Nation into a Green New Deal regime that
our current energy system simply cannot cope with.
At the top of the President's agenda has been a determination to
force Americans to adopt electric vehicles on a broad scale within the
next decade, a deeply concerning move because our supply chain and
electric grid are nowhere near capable of supporting that kind of a
widespread transition to electric vehicles. In fact, our Nation's
energy grid, which has been stretched by increased demand and the move
away from conventional energy sources, is already in serious trouble.
We are rapidly approaching a situation in which
[[Page S996]]
we simply won't have the ability to keep up with current electricity
demand. Add charging for hundreds of thousands or millions of electric
vehicles on top of that, and we could be looking at a future of
widespread blackouts and brownouts--to say nothing of soaring
electricity prices.
Just look at California, which has been a leader in implementing the
kind of Green New Deal policies the President wants to impose
nationwide. A recent article noted:
There is intensifying political pressure on state lawmakers
to do something about utility bills that have shot up by as
much as 127 percent over the last decade.
And let me just repeat that, Mr. President:
There is intensifying political pressure on state lawmakers
to do something about utility bills that have shot up by as
much as 127 percent over the last decade.
Americans have already faced a substantial increase in energy prices
under President Biden. Gas prices alone are up 33 percent since
President Biden took office. But if the President succeeds in fully
implementing his Green New Deal visions, today's gas and utility prices
may look cheap compared to the energy prices Americans will face in the
future.
In his 3 years in office, President Biden has built an energy record
that threatens to do long-term damage to America's energy security, and
with 8 months to go until the election and more environmentalists on
TikTok to attempt to satisfy, I am worried that the President's
liquefied natural gas decision won't be the last terrible energy
decision we see from the White House in 2024.