In the News

Momentum Builds for US LNG Exports

Throughout the country, more and more Americans are coming together to voice their support for natural gas exports.

In a letter written last month, 110 members of Congress from both sides of the aisle called on the Department of Energy to authorize the export of natural gas. The letter, co-sponsored by Ohio representatives Tim Ryan and Bill Johnson, highlights the significant economic and geopolitical advantages that natural gas exports will bring the United States.

A recent editorial from the Youngstown Vindicator applauded these bipartisan efforts: “Congressmen Ryan and Johnson are right in pushing the administration to expand the export of natural gas around the world. For too long, the United States has been at the mercy of other countries for its energy needs. It’s time the tables were turned.”

Elsewhere, Governors from Virginia, Texas, Colorado, Louisiana, Mississippi, Arkansas, West Virginia, Wyoming and New Mexico have joined the growing list of parties pressing the Energy Department to approve the export of U.S.-produced natural gas. And why wouldn’t they? At a time when states and municipalities are being forced to cut vital public services, total government revenue from a single export facility could exceed $25 billion over a 30-year time frame.

Pennsylvania state legislators from the heart of the Marcellus Shale have also penned letters pushing the approval of LNG export projects. These government officials have seen firsthand the economic boon that natural gas development can provide to local economies, and recognize the unique opportunity we have to become an LNG exporter.

This support isn’t unique to lawmakers. Major business groups such as the U.S. Chamber of Commerce and the National Association of Manufacturers (NAM), as well as General Electric, Caterpillar, have also joined the chorus of support for natural gas exports

The U.S. Chamber of Commerce contends that “LNG exports will foster U.S. job creation, new tax revenues, and stronger international alliances”, while NAM argues that restricting exports will “limit economic opportunities and stifle job growth rather than provide a source of increased economic growth.”

The overwhelming support for natural gas exports is undeniable.  The administration should seize this opportunity and allow the U.S. to reap the benefits natural gas exports will bring to the economy.