Trump Revokes Biden's Pause On Gas Exports
HuffPost
While mostly symbolic, the move was a top priority for the oil and gas lobby.
President Donald Trump signed an executive order Monday rescinding former President Joe Biden’s policy pausing permitting of new gas export facilities.
The move is mostly symbolic, but signals that — as expected — the new administration plans to reject the findings of recently released federal research warning that ramping up overseas sales risked raising prices for Americans.
Last January, Biden paused new federal permits for export terminals designed to ship liquefied natural gas — a version of the methane fuel superchilled to liquid form for easier transport via tankers — while the Department of Energy conducted a study into the effects of increasing shipments of American gas to international buyers beyond already historic levels.
The policy only affected new applications, so the new LNG projects under construction — enough to double U.S. export capacities by 2028 — were allowed to continue.
By April, the U.S. vaulted past Qatar and Australia to seize the top spot as the world’s No. 1 exporter of LNG. In July, a federal judge halted the Biden administration’s pause. By September, federal agencies resumed permits on new LNG terminals.