What They’re Saying: It’s Time to Boost American Oil & Natural Gas Production

As energy prices continue to skyrocket upward in the aftermath of Russia’s invasion of Ukraine, elected officials, policy experts, and industry leaders continue to call on the Biden administration to increase American oil and natural gas production to lower prices for consumers and support our European allies.

Top elected officials in Congress have been calling on President Biden to strengthen U.S. energy independence and bolster the European Union with resources that won’t be weaponized like Putin is doing now:

Leading policy experts are supporting increased U.S. LNG exports in wake of the crisis in Ukraine.

Samantha Gross, the director of the Energy Security and Climate Initiative at the Brookings Institute, wrote:

“American natural gas (as liquified natural gas, or LNG) is flowing toward Europe in response to their very high prices — a good business deal for U.S. companies, a counterweight to Russia’s power over European energy supply, and a gesture of good will toward our staunchest allies. Although several members of Congress are calling for limiting U.S. natural gas exports in response to inflation at home, it is a terrible idea, harmful to U.S. foreign policy and useless in lowering prices for American consumers.”

Douglas Hengel, a visiting senior fellow at the German Marshall Fund of the United States, wrote:

“Diversification of supply should remain a paramount goal. Ten European utilities have long-term contracts with US LNG suppliers, which provide security of supply and better prices in tight market conditions. Brussels should encourage EU utilities and other users of natural gas to sign more long-term supply deals for US LNG, especially with new projects that would increase total global supply and provide alternatives to Russian gas.”

The Wall Street Journal editorial board wrote:

“Natural gas prices have soared on the Continent amid winter supply shortages and threats from Russia. U.S. exports offer relief to a worried Europe, blunt the impact of Vladimir Putin’s energy extortion, and expand the market for U.S. shale-gas drillers who are again increasing production after the pandemic crash.”

U.S. industry leaders also touted domestic production and LNG exports as a key step to supporting U.S. jobs and countering Russia.

Kathleen Sgamma, President of Western Energy Alliance, and Dan Naatz, Executive Vice President for Government Relations & Political Affairs for the Independent Petroleum Association of America, wrote in The Hill:

“Rather than begging OPEC and Russia for help, the Biden administration should pursue an energy strategy that unleashes the ingenuity of the American oil and natural gas worker. … Our nation’s producers have a proven record of outstanding results supplying America and the world with abundant energy resources, while at the same time protecting the environment and our nation’s public lands. No need to reinvent the wheel Mr. President. Just let us do our work and the United States and the world will benefit.”

David Callahan, president of the Marcellus Shale Coalition, told the Pittsburgh Business Times:

“America is the world’s largest producer and exporter of natural gas, with the Appalachian Basin alone representing the third largest producing region in the world, positioning our industry to assist our strategic trading partners and meet our own energy demands.”

Anne Bradbury, CEO of the American Exploration & Production Council, wrote in the Houston Chronicle:

“The fallout from this invasion will cause energy prices to spike in Europe and around the world and presents a moment for President Biden to embrace a long overdue shift in policy. The United States can tilt the balance of power in Europe by increasing liquefied natural gas (LNG) exports to the continent, helping to reduce our allies’ decades-long dependence on Russian natural gas – and the economic, political, and military vulnerabilities that accompany it.”

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