Even as President Biden has stressed the short-term need to increase oil and natural gas output and expedite liquefied natural gas (LNG) project development, the 2023 budget released by the administration Monday focuses almost entirely on transitioning away from fossil fuels. The president’s 2023 budget request for $5.3 trillion total includes funds for the Department…
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Plan to Send More U.S. LNG to Europe Met With Optimism by Natural Gas Industry
The oil and natural gas industry praised the Biden administration’s announcement last week of a joint U.S.-European Union (EU) task force to increase liquefied natural gas (LNG) supply to Europe. The White House said it would seek to expedite approvals of pending LNG export projects, a move long advocated by the industry, in order to…
March 28, 2022
Natural Gas Said ‘Part of the Solution’ as Biden Pledges to Halve US GHG Emissions
Energy stakeholders endorsed President Biden’s strengthening of U.S. climate change commitments on Thursday, but they also stressed the importance of natural gas in achieving deep decarbonization of the economy. Biden said Thursday the United States will target a 50-52% reduction in economy-wide greenhouse gas (GHG) pollution by 2030 versus 2005 levels. The announcement, made during…
April 23, 2021
FERC Nominees? We’re Waiting, Natural Gas Council Tells White House
With one seat on FERC’s nominally five-member panel empty for more than three months and another due to be vacated this summer, natural gas and oil organizations are anxious for the White House to nominate new commissioners.
April 17, 2019
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