Act Now To Tell Lawmakers The U.S. Energy, Manufacturing Sectors Could Help Alleviate European Energy Crisis

While Biden administration officials have warned economic sanctions and Russia’s invasion of the Ukraine could raise energy prices at home, the Energy Equipment and Infrastructure Alliance (EEIA) sent a letter to the White House asking that President Joe Biden take immediate steps needed to enable U.S. liquified natural gas (LNG) exports to end Europe’s reliance on Russian natural gas.

The Metals Service Center Institute is a member of EEIA.

Political and military leaders largely have agreed that shipping more U.S. LNG to Europe could help European nations endure the crisis. Unfortunately, the U.S. LNG industry already is exporting every bit of LNG it is capable of producing. Therefore, the Biden administration must take immediate steps to increase capacity.

Specifically, the EEIA recommends that the Biden administration:

• Publicly and unambiguously signal support for domestic natural gas and oil production and acknowledge that the United States’ vast energy resources are a strategic asset that keeps U.S. prices low while supporting allies abroad;
• Work with European partners to expand the commercial relationships needed to greenlight new U.S. LNG export capacity as well as European import capacity;
• Instruct the U.S. Department of Energy to immediately approve six pending LNG export licenses for terminal projects that already have been approved by Federal Energy Regulatory Commission (FERC);
• Ask FERC to prioritize approval of several pending applications for export terminal development and for the pipelines needed to supply them; and
• Release approximately $300 million in promised funding for critical eastern and central European natural gas infrastructure.

EEIA requests that businesses that create products that serve and support the energy sector share the letter with their U.S. senators and members of Congress, telling them your employees stand ready to help build the U.S. infrastructure needed to free allies from their dependence on Russian oil and gas.

Find EEIA’s letter here.