Congressional hearings scheduled for February 6 and 8 expose the Biden administration’s massive energy policy blunder. This misstep will impede American energy production, undermine economic growth, endanger the hard-earned U.S. status as the world’s largest liquefied natural gas (LNG) exporter, and threaten Washington’s strategic credibility among friends and foes. The hearings are set to unite a strange assortment of political bedfellows, including liberal democrats determined to support Ukraine and conservative Republicans determined to expand LNG exports. In late January, Energy Secretary Jennifer Granholm announced a series of new measures aimed at the U.S. LNG sector. Projects already completed or near completion, including several large export terminals in Texas and Louisiana, will be put on hold indefinitely.
Read more here.