Unlocking Our Domestic Lng Potential Act of 2024

Floor Speech

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Mr. ALLEN. Mr. Speaker, I thank the gentleman from South Carolina, our chairman of the subcommittee, for yielding.

Mr. Speaker, I rise in support of H.R. 7176, the Unlocking our Domestic LNG Potential Act. In fact, it is shocking to me that this bill is even necessary.

Everyone in this Chamber today knows that U.S. liquefied natural gas, or LNG, exports are more than 40 percent cleaner than the Russian natural gas delivered to Europe. Everyone in this Chamber knows that U.S. natural gas has helped us reduce emissions more than any other nation, both domestically and abroad.

As we have heard, everyone in this Chamber also knows that increasing LNG exports could add as much as $73 billion to the U.S. economy and upward of 453,000 jobs by 2024, yet President Biden and this administration are seeking to destroy all of this potential by indefinitely banning LNG exports simply to appease radical environmentalists.

H.R. 7176 would immediately reverse the President's de facto ban on American LNG exports to restore U.S. leadership, reduce emissions, and increase the energy security of our Nation and our allies.

Mr. Speaker, I strongly urge a ``yes'' vote.

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