Kevin McCarthy is a Republican from California and minority leader of the U.S. House of Representatives. The United States produces more oil and natural gas than any other country in the world. We are the top exporter of LNG and among the top five oil exporters in the world. As a global energy power, we can provide low energy prices,…
The only"plan" President Biden has for the current energy crisis is to release oil from the Strategic Petroleum Reserve and ask other countries to produce more oil.
Republicans welcome the increase in calls from leaders around the country to do the same, because banning Russian energy is only half the equation. Unfortunately, the Biden Administration has said it does not"have anything in detail" about expanding production on our own soil. serving as immediate solutions to the effects of the current energy crisis – partly stemming from Russia's war on Ukraine – and most importantly, help lower prices for the American people.
Next, export licenses pending at the Department of Energy for over three months should be automatically approved. This action would authorize six major LNG export terminals, including Cheniere's Sabine Pass, Cheniere's Corpus Christi, Golden Pass, Sempra's Energia Costa Azul, and Sempra's Vista Pacifico LNG. Together, these projects wouldThe U.S.
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