Issa: Time to unleash America's full energy potential
Washington – Congressman Darrell Issa (CA-48) released the following statement after passage of the Unlocking Our Domestic Liquified Natural Gas (LNG) Potential Act of 2024. The legislation was passed by a bipartisan vote of 224-200.
“America has thrived when it has pursued energy policies that unlock our vast resources, utilize the most advanced production innovations, and share that abundance with our allies and developing nations. An unmistakable part of this strategy and success should be the use of safe, clean, and plentiful Liquified Natural Gas. LNG is used every day and all over the world – including much of America – and the Biden Administration’s war on this and other energy supplies is not only short-sighted, it has already had a bottom-line impact on the standard of living of millions of Americans. We need to change that, and that’s why I’m proud to join my colleagues on both sides of the aisle in advancing this important legislation. It deserves to make it to the President’s desk.”
The Unlocking Our Domestic Liquified Natural Gas (LNG) Potential Act of 2024:
- Repeals all restrictions on the import and export of natural gas.
- Provides that FERC shall have the exclusive authority to approve or deny LNG terminal applications.
- Makes clear that nothing in this section limits the authority of the President that imposes sanctions on a foreign person or foreign government, including a country that is designated as a state sponsor of terrorism, to prohibit imports or exports.
Read the full text of the bill here.