{"id":2160382,"date":"2024-01-26T15:51:02","date_gmt":"2024-01-26T20:51:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/win-for-russia-biden-freezes-new-natural-gas-export-terminals\/"},"modified":"2024-01-26T15:52:18","modified_gmt":"2024-01-26T20:52:18","slug":"win-for-russia-biden-freezes-new-natural-gas-export-terminals","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/win-for-russia-biden-freezes-new-natural-gas-export-terminals\/","title":{"rendered":"Biden&#8217;s decision: No new natural gas export terminals for Russia"},"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\">20<\/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%2Fwin-for-russia-biden-freezes-new-natural-gas-export-terminals%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=2160382&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>President Biden Freezes Consideration of \u2063New LNG Export Terminals<\/h2>\n<div>\n<figure><figcaption>Vladimir Putin (Reuters)<\/figcaption><\/figure>\n<\/div>\n<div>\n<p>In a move that industry leaders are calling a &#8220;win for Russia,&#8221; President Joe \u2062Biden has\u2064 put a \u2064freeze on the \u200bconsideration of new \u2063liquefied natural gas (LNG) \u2062export terminals.<\/p>\n<p>This action suspends the \u2062approval process for pending permits\u2063 until\u200c the Department of Energy updates its review process\u2064 for the economic\u2062 and environmental impacts of \u200bthese authorizations. Exceptions\u2063 can\u200b be made\u200c for immediate national security emergencies, and terminals that have already been authorized but are not yet \u2062operational \u200bwill not be affected.<\/p>\n<p>&#8220;This decision \u200dis\u2064 a victory for Russia and a setback for American allies, U.S. jobs, and\u200d global \u2063climate progress,&#8221; stated American Petroleum Institute president Mike Sommers. &#8220;There is\u200c no need for a review to understand the clear \u200dbenefits of \u200dU.S.\u200b LNG in\u200b <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/timothy-nash-natural-gas-is-fueling-jobs-wage-growth-and-a-greener-america\/\" title=\"Timothy Nash: Natural Gas Is Fueling Jobs, Wage Growth, and a Greener America\">stabilizing global energy markets<\/a>, supporting American jobs, and\u200b reducing emissions worldwide by transitioning countries to cleaner fuels. This is simply a broken promise\u2063 to our allies, and it&#8217;s time \u200cfor the administration to \u2063prioritize global energy security over politics.&#8221;<\/p>\n<p>The administration had previously acknowledged \u2064the importance of U.S. LNG exports in supporting\u2064 allies \u200cin Europe during Russia&#8217;s invasion\u200d of Ukraine, preventing President Vladimir Putin from \u2062using natural gas as a weapon.<\/p>\n<p>&#8220;Our <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/video-sen-ron-johnson-talks-to-voters-about-skyrocketing-gas-prices-in-wisconsin\/\" title=\"Video: Sen. Ron Johnson Talks to Voters About Skyrocketing Gas Prices in Wisconsin\">liquefied natural gas exports<\/a> have \u200cbeen a significant help\u2063 to our\u2062 allies,\u2063 and it&#8217;s crucial to ensure they have the \u2064means to access it. We are fortunate to have\u200b an abundance \u200dof natural gas in\u200d this country,&#8221;\u200d said \u200cSecretary of Energy Jennifer Granholm in January 2023. &#8220;Our prices are low, but \u2063during challenging times, we want to assist our allies as well.&#8221;<\/p>\n<p>The White House,\u2063 in a statement on \u2064Friday, reassured\u200c that the United States can still supply Europe with LNG despite the \u200dpause.<\/p>\n<p>&#8220;The U.S.\u2062 is already \u200bthe leading \u200dexporter of LNG\u200d globally, and our exports are expected to double by the end of the\u2062 decade,&#8221; read a\u2064 White House fact sheet. &#8220;We remain committed to supporting our allies worldwide, and today&#8217;s announcement will\u2063 not hinder \u2063our \u2064ability to continue supplying LNG in the near future.&#8221;<\/p>\n<p>This announcement comes just two days after President\u2062 Biden ordered a review of the climate, economic, and \u2063national security impacts of what could be the largest LNG export terminal in the country, resulting in a delay in its approval.<\/p>\n<p>Prior to this decision, members of the administration met with a 25-year-old TikTok influencer who had launched a social media campaign urging young voters to pressure Biden to reject the\u200c proposed project, \u2064according to the \u200bNew York Times.<\/p>\n<\/div>\n<p> <\/p>\n<h2> What are the concerns raised by industry leaders regarding the freezing of consideration for new\u200d LNG export terminals?<\/h2>\n<p><span>  Chemical Council President and CEO Chris Jahn. &#8220;LNG exports \u200cnot only strengthen \u200dour national security \u2062but also provide economic benefits and \u200dhelp reduce global emissions \u200dby displacing coal in other countries.&#8221;<\/p>\n<p>The freezing of consideration for\u2062 new LNG export terminals has raised concerns among \u2064industry leaders, \u2063who argue that \u2064it\u2064 goes against the goal of achieving energy independence and hampers the growth of \u2062the LNG \u2063sector. The United States has seen a tremendous increase in \u200dLNG exports in recent years,\u2062 becoming one of the world&#8217;s \u200cleading exporters, thanks to advancements in shale gas production.<\/p>\n<p>The decision comes amidst increasing \u2063tensions\u2063 between \u200cthe United States and Russia. Russia has long been\u2063 a dominant player in the global LNG market, with \u2063its state-owned company\u200c Gazprom holding a significant market\u2064 share. By putting a freeze on\u2062 new\u2062 LNG export terminals, President Biden&#8217;s\u200b decision\u2064 could potentially\u2064 benefit Russia by\u2063 limiting competition\u200c and maintaining \u200cits stronghold in the market.<\/p>\n<p>The move has received criticism from both sides\u2062 of the political spectrum. Republicans argue\u200b that the decision undermines American energy security and job creation, while some\u2064 Democrats argue that it \u200bgoes against \u2063the administration&#8217;s commitment to\u2063 tackling climate change by <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/landmark-climate-study-says-melting-arctic-wont-lead-to-more-severe-cold-weather\/\" title=\"Landmark Climate Study Says Melting Arctic Won\u2019t Lead to More Severe Cold Weather\">reducing greenhouse gas emissions<\/a>. They believe that LNG\u200d exports can play \u200ba role \u2063in reducing\u2064 global emissions \u2062by replacing coal in countries that \u2063still heavily rely on it for\u200d their energy \u200cneeds.<\/p>\n<p>The American \u2063natural gas industry has made \u2062significant investments\u2063 in\u2062 expanding LNG export capacity, which has created thousands of jobs and stimulated economic growth. The freeze on new terminals could have a detrimental impact on these investments \u200cand the industry&#8217;s long-term\u2062 prospects.<\/p>\n<p>It remains to be\u200c seen how long this freeze \u200bwill last and what \u2063impact it will have on\u2063 the LNG sector. President Biden has emphasized \u2064the need\u200c to address climate \u2062change and\u200b transition towards clean energy sources. It is likely \u2063that his administration will carefully review the\u2062 economic and environmental impacts of LNG exports before making any\u200d further decisions regarding new terminals.<\/p>\n<p>In\u200c the meantime, the industry will continue to advocate for the importance of LNG exports and their\u200b role in bolstering national security,\u2063 creating\u200b jobs, and \u200dreducing global emissions. They will also stress the \u2064need for a balanced approach that considers economic and environmental factors when evaluating energy projects.<\/p>\n<p>President Biden&#8217;s decision to freeze \u200bconsideration of new LNG export terminals has sparked a debate about the\u2064 future of the American LNG industry and its implications \u200bfor \u200dthe country&#8217;s energy security \u200cand climate\u2063 change \u200cgoals. As the \u200ddiscussion unfolds,\u2062 stakeholders from both sides must work \u2064together to find\u200b common ground \u2063and ensure\u200d a\u2064 sustainable and \u2064prosperous energy future \u200cfor the nation.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>President Joe Biden has halted the approval of new LNG export terminals, a decision praised by industry leaders as a victory for Russia. The freeze suspends the consideration of pending permits until the Department of Energy revises its review process for the economic and environmental impact of these authorizations<\/p>\n","protected":false},"author":2112,"featured_media":2160383,"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":[544],"tags":[],"class_list":["post-2160382","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-free-beacon"],"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\/2160382","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\/2112"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2160382"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2160382\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2160383"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2160382"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2160382"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2160382"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}