Urges and requests the administration of President Biden to end its pause on pending approvals of liquefied natural gas exports
Impact
The resolution asserts that a pause on LNG export approvals could disrupt the global supply chain, leading to higher costs for fuels that would disproportionately affect low-income households. It makes a case that Louisiana's robust oil and gas industry, particularly the Haynesville Shale region, plays a vital role in meeting domestic and global energy demands, providing high-paying jobs, and contributing significantly to state and local tax revenue. Furthermore, it argues that ongoing operations in this sector would help mitigate America's reliance on foreign oil.
Summary
HCR18 is a House Concurrent Resolution urging the Biden administration to end its pause on the pending approvals of liquefied natural gas (LNG) exports. The resolution emphasizes the critical role of the oil and natural gas industry in Louisiana, highlighting its significant contributions to job creation, state revenue, and the economy as a whole. With LNG being a major part of Louisiana's economy, the resolution seeks to ensure the continuity of LNG exports, which are deemed essential for both economic stability and energy security.
Sentiment
The sentiment surrounding HCR18 is largely supportive among Louisiana's legislators and industry stakeholders, who view the lifting of the pause as essential for maintaining economic growth and stability. They argue that the ability to export LNG will support job creation and bolster the state's economy. Conversely, the resolution may face criticism from environmental advocates concerned about the ecological impacts of expediting fossil fuel exports, although such opposition is not explicitly captured in the resolution itself.
Contention
Notably, HCR18 points to the investments made by the industry in greenhouse gas mitigation technologies, positing that these efforts have led to significant reductions in emissions in contrast to global trends. The resolution, however, does not address potential environmental concerns in detail, which could lead to contention among various stakeholders about the balance between economic benefits and environmental sustainability. As such, the resolution implicitly raises the question of how best to align energy policy with ecological preservation, which may create discussions moving forward.
Relating to permit application review and contested case procedures for environmental permits involving a project to construct or modify a liquefied natural gas export terminal; authorizing a fee.
This resolution recognizes domestically produced natural gas as affordable, green, and necessary for the United States to be energy dominant while asserting that the United States should take a broad approach to meet energy needs. It also supports efforts to increase domestic production of natural gas and natural gas infrastructure, identify and remove barriers to the production of natural gas, and expedite the approval of liquefied natural gas export facilities in the United States.
Urges and requests the Department of Energy and Natural Resources and the Public Service Commission to research and implement nuclear energy generation within the state
Urges federal government to approve construction of oil and natural gas pipelines within United States, including those that have been shut down or have had approval denied.
Relating to permit application review and contested case procedures for environmental permits involving a project to construct or modify a liquefied natural gas export terminal; authorizing a fee.