API praises congressional action on natural gas exports

Source:API

API’s Jack Gerard applauded today’s vote on legislation to fast track U.S. exports of liquefied natural gas. API President and CEO Jack Gerard applauded today’s vote on legislation to fast track U.S. exports of liquefied natural gas (LNG). The measure, H.R. 6, was approved by the Energy and Commerce Subcommittee on Energy and Power.

“Today’s vote is just the latest signal that momentum for action on natural gas exports is stronger than ever,” said Gerard. “In the last few weeks, new proposals have won bipartisan support in both the House and Senate, and we are optimistic that members will come together on efforts to harness the full economic and strategic power of America’s energy exports. The U.S. is the world’s top producer of natural gas, and allies around the globe are looking to America for leadership on energy issues. Now is the time to tear down our own bureaucratic hurdles to trade, create thousands of new American jobs, and strengthen our position as an energy superpower.”

Introduced by Rep. Cory Gardner (R-Colo.), the Domestic Prosperity and Global Freedom Act would approve a backlog of over 20 export permits at the Department of Energy and expedite future permits for export to World Trade Organization (WTO) members. Related LNG proposals have received support from Senators Mark Udall (D-Colo.), John Barrasso (R-Wyo.), Mark Warner (D-Va.), Lisa Murkowski (R-Ala.), Mark Begich (D-Ala.), John Hoeven (R-N.D.), and Mary Landrieu (D-La.), among others.

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...

Latest PennEnergy Jobs

PennEnergy Oil & Gas Jobs