{"id":2159995,"date":"2024-01-26T10:36:02","date_gmt":"2024-01-26T15:36:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-freezes-projects-exporting-natural-gas-70000-prospective-jobs-could-vanish\/"},"modified":"2024-01-26T10:39:32","modified_gmt":"2024-01-26T15:39:32","slug":"biden-freezes-projects-exporting-natural-gas-70000-prospective-jobs-could-vanish","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-freezes-projects-exporting-natural-gas-70000-prospective-jobs-could-vanish\/","title":{"rendered":"Biden halts natural gas projects, risking 70k job loss"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">18<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fbiden-freezes-projects-exporting-natural-gas-70000-prospective-jobs-could-vanish%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2159995&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><h2>White House Temporarily Pauses LNG Exports, Raising Concerns<\/h2>\n<p>In a \u200bmove that\u200c could have far-reaching consequences, the White House announced on Friday \u2064a temporary \u200cpause on pending decisions regarding the export of Liquefied Natural Gas (LNG) to non-FTA countries. The Department of \u2064Energy will update\u2064 the\u200b underlying analyses for authorizations\u2063 before any further action is taken.<\/p>\n<p>This decision has sparked criticism, with opponents arguing\u2062 that \u2063it will hinder Europe&#8217;s ability to power its economy independently of Russian \u200bgas. Major projects worth billions\u2062 of dollars are now\u2063 at\u2064 risk\u2062 of disruption.<\/p>\n<p>Bloomberg <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-01-26\/biden-freezes-approvals-to-export-gas-imperiling-major-projects?embedded-checkout=true\" target=\"_blank\" rel=\"noopener\">reports<\/a> that more\u2062 than a dozen proposals, including ventures in Louisiana by Commonwealth LNG and\u2063 Energy Transfer LP, are currently \u2064awaiting review \u2064at the Energy Department and could be affected \u200bby the pause.<\/p>\n<p>The White House took the opportunity in its <a href=\"https:\/\/www.whitehouse.gov\/briefing-room\/statements-releases\/2024\/01\/26\/fact-sheet-biden-harris-administration-announces-temporary-pause-on-pending-approvals-of-liquefied-natural-gas-exports\/\" target=\"_blank\" rel=\"noopener\">announcement<\/a> \u200d to\u200d criticize Republicans, accusing them of denying climate \u2062change and attempting to strip Americans of \u200dthe benefits \u200dof\u2064 President Biden&#8217;s climate investments. They emphasized their commitment to\u2064 ambitious climate action while ensuring a strong\u200b American economy.<\/p>\n<p>Opponents of the pause argue \u2063that \u200bthe ongoing conflicts in the Middle East could threaten the flow \u2063of natural gas through the Strait of Hormuz, which accounts for a quarter of global supplies. They warn that\u2064 halting\u200c LNG export projects could have negative consequences.<\/p>\n<p>Marty Durbin, \u2062president of the US Chamber of Commerce&#8217;s Global Energy Institute, expressed concern, \u2062stating that the decision &#8220;betrays our allies&#8221; and could slow down the energy transition.<\/p>\n<p>Neil Chatterjee,\u2062 former \u2063chairman of the Federal Energy Regulatory Commission, believes that the White House is\u2062 making a mistake, both in terms of policy and politics.\u2064 He argues that \u200bthe US made a \u200bcommitment to\u200d help European allies \u200dand that energy security should not be politicized.<\/p>\n<p>Chatterjee also highlights \u200cthe environmental benefits of US LNG, explaining that it displaces dirtier sources of fuel \u200cand reduces global carbon \u200cemissions. He criticizes activists for overlooking these facts.<\/p>\n<p>In late January, several oil and gas advocates wrote a <a href=\"https:\/\/www.api.org\/~\/media\/files\/news\/2024\/01\/24\/industry-groups-lng-letter-january-24\" target=\"_blank\" rel=\"noopener\">letter<\/a> to Energy Secretary Jennifer Granholm \u2062opposing the\u200d proposed changes in the permitting process for US LNG exports. They argued that American energy should fill the supply gap \u200cin Europe, rather than relying on hostile\u200d nations\u200b like Russia. The benefits to the United States, they claimed, could \u2064include billions in capital \u200cexpenditures, a\u2064 boost to GDP, and the support of thousands of jobs.<\/p>\n<blockquote>\n<p><em>&#8220;While our European\u200c allies have \u2062<a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/mcauliffe-staffer-says-fck-off-to-reporter-asking-questions\/\" title=\"McAuliffe Staffer Says \u2018F*ck Off\u2019 to Reporter Asking Questions\">made significant strides<\/a> in reducing their reliance on Russian natural gas thanks to American energy producers, Europe faces a considerable supply \u2062gap over the long-term that should be met by American energy, not \u200chostile\u2064 nations. Moving forward with a pause on U.S. LNG export approvals \u2062would only bolster Russian influence and undercut\u2064 President Biden&#8217;s\u200c own \u2063commitment to supply our allies with reliable energy, undermining\u200d American credibility and threatening American jobs. An analysis of the President&#8217;s pledge to Europe found that the benefits to the United States\u2064 could include \u2064$63 billion in capital expenditures, a GDP boost \u200cof $46 billion, and \u206271,500 jobs supported annually from 2025-2030.&#8221;<\/em><\/p>\n<\/blockquote>\n<p> <\/p>\n<h2> What are the far-reaching consequences of\u2063 the\u2062 temporary pause on \u200cLNG \u200bexports for the United States,\u200b its\u200d allies, and the global \u2062energy market<\/h2>\n<p><span>  Ting, &#8220;The pause on \u200bLNG exports is a \u200bmissed opportunity for American workers and for our allies who would benefit from access to our abundant\u2062 natural gas supplies. It also \u2063sends a troubling signal\u2064 to the rest of the world about America&#8217;s commitment\u2064 to free trade and global \u200cenergy security.&#8221;<\/p>\n<p>Those in favor\u200b of the pause argue \u2063that it is necessary to reassess and strengthen the regulations\u2063 surrounding\u2063 LNG \u2063exports. They believe that the previous administration&#8217;s lax approach to export authorizations could have had negative environmental impacts and undermined the United States&#8217;\u200d progress towards clean energy goals.<\/p>\n<p>Emily Williams, a spokesperson for the Sierra\u2064 Club&#8217;s Beyond Dirty Fuels campaign, supports \u200bthe temporary pause, stating, \u2062&#8221;The United States needs a\u200b comprehensive review of\u2064 LNG exports, including an assessment of \u200btheir climate impacts,\u2062 before any more projects are allowed to move \u200cforward. We must \u200cprioritize a \u2064swift transition to clean, <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/exxonmobils-plan-to-truck-crude-across-central-california-nixed-by-federal-judge\/\" title=\"Federal judge blocks ExxonMobil's crude trucking plan in Central California.\">renewable\u2064 energy \u200bsources<\/a> and stop propping up dirty fossil fuels.&#8221;<\/p>\n<p>It is important to note that this\u200c pause on LNG \u200bexports is not permanent, but rather a temporary measure to allow for further analysis and evaluation. The Department of Energy will review the\u2063 underlying analyses for \u200dauthorizations\u2063 and \u200bdetermine any necessary adjustments before making any further decisions.<\/p>\n<p>The temporary pause on LNG exports has raised concerns among industry stakeholders, environmental activists, and allies who rely on \u200dAmerican natural gas supplies. It is a \u200ccontentious issue that \u200bhighlights the complex relationship\u200c between energy production, \u2062environmental \u2064concerns, and global trade. The outcome of this temporary \u200bpause \u2062will have \u200dfar-reaching consequences, impacting not just the United \u2063States but also its allies and \u2063the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/new-california-gas-czar-will-boost-prices-even-higher\/\" title=\"California's new gas czar to further increase prices.\">global energy\u2064 market<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The White House will temporarily halt decisions on LNG exports to non-FTA countries until the Department of Energy updates its analyses. This move may disrupt billion-dollar projects, with critics arguing that President Biden&#8217;s actions will harm Europe&#8217;s capacity<\/p>\n","protected":false},"author":60,"featured_media":2159996,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[541],"tags":[],"class_list":["post-2159995","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-daily-wire"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2159995","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/60"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2159995"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2159995\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2159996"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2159995"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2159995"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2159995"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}