stable certain security
<div><font size="4" face="Times New Roman"></font></div><div><span style="background-color: rgb(255, 255, 255);"><font size="4" face="Times New Roman">"certainty ~ related to chaos? maybe has implicit notion that we are gonna get rid of dems who pass regs or just the regs themselves? or more benignly acknowledges electoral shifts;</font></span></div><div><font size="4" face="Times New Roman">
</font></div><div><font size="4" face="Times New Roman">or: those naive dems will pass some ill-thought out reg but reality will intervene and we clear eyed rational/realist gop will be forced to fix/reverse/ "reform" regs
</font><div style="background-color: rgb(255, 255, 255);"><font size="4" face="Times New Roman">
</font></div><div style="background-color: rgb(255, 255, 255);"><font size="4" face="Times New Roman">a devil term for regulations //<b> stability = security</b> ~ crisis/chaos, morphs with national security, especially now that putin has ENERGY DOMINANCE</font></div></div><div><font size="4" face="Times New Roman">=</font></div><div><div><font size="4" face="Times New Roman"></font></div><div><font size="4" face="Times New Roman">alpha news syndicator/aggregator? "bios coming soon" new lamestream press will not cover BS</font></div><div><font size="4" face="Times New Roman">
</font></div><div><p style="box-sizing: border-box; margin-top: 0px; margin-bottom: 26px; overflow-wrap: break-word;"><font size="4" face="Times New Roman"><b style="background-color: rgb(255, 255, 255);">(Daily Caller News Foundation) </b><span style="background-color: rgb(255, 255, 255);">—</span><span style="background-color: rgb(255, 255, 102);"> Major U.S. oil and gas industry groups urged the Biden administration Thursday to boost domestic energy production amid the ongoing Russian invasion of Ukraine.</span></font></p><p style="box-sizing: border-box; margin-top: 0px; margin-bottom: 26px; overflow-wrap: break-word; background-color: rgb(255, 255, 255);"><font size="4" face="Times New Roman">On Thursday, the global price of oil <a href="https://dailycaller.com/2022/02/24/crude-oil-prices-100-per-barrel-russia-ukraine/" target="blank" rel="noopener" style="box-sizing: border-box; background-color: transparent;">surged</a> past $100 per barrel for the first time in nearly eight years after <b>Russia unleashed a <a href="https://dailycaller.com/2022/02/23/vladimir-putin-military-operation-donbas-war-ukraine/" target="blank" rel="noopener" style="box-sizing: border-box; background-color: transparent;">full-scale offensive</a> against Ukraine</b>. Oil prices are the <a href="https://www.eia.gov/energyexplained/gasoline/price-fluctuations.php" target="blank" rel="noopener noreferrer" style="box-sizing: border-box; background-color: transparent;">largest factor</a> in determining gas prices for fossil fuel companies.</font></p><p style="box-sizing: border-box; margin-top: 0px; margin-bottom: 26px; overflow-wrap: break-word;"><font size="4" face="Times New Roman"><span style="background-color: rgb(255, 255, 102);">Russia provided more oil to the U.S. than any other country except Canada between January 2021 and November 2021, U.S. Energy Information Administration data <a href="https://www.eia.gov/dnav/pet/pet_move_neti_a_EP00_IMN_mbblpd_m.htm" target="blank" rel="noopener" style="box-sizing: border-box;">showed</a></span><span style="background-color: rgb(255, 255, 255);">. The country, which exported nearly 65% of the 10.5 million barrels of crude oil per day it drilled in 2020, is<b> Europe’s </b></span><b><a href="https://ec.europa.eu/eurostat/statistics-explained/index.php?title=EU_imports_of_energy_products-recent_developments#Main_suppliers_of_natural_gas_and_petroleum_oils_to_the_EU" target="blank" rel="noopener" style="box-sizing: border-box;">largest oil supplier</a><span style="background-color: rgb(255, 255, 255);"> as well.</span></b></font></p><p style="box-sizing: border-box; margin-top: 0px; margin-bottom: 26px; overflow-wrap: break-word; background-color: rgb(255, 255, 255);"><font size="4" face="Times New Roman">On Thursday, President Joe Biden <a href="https://www.whitehouse.gov/briefing-room/statements-releases/2022/02/24/statement-by-press-secretary-jen-psaki-on-president-bidens-meeting-with-g7-leaders-3/" target="blank" rel="noopener" style="box-sizing: border-box; background-color: transparent;">unveiled</a> another <a href="https://home.treasury.gov/news/press-releases/jy0607" target="blank" rel="noopener" style="box-sizing: border-box; background-color: transparent;">round of economic sanctions</a> targeting Russia along with Western allies. The president acknowledged during remarks at the White House that energy costs, including pump prices, may increase as a result of the sweeping sanctions package, but he said it was critical to respond aggressively to Russia.</font></p><p style="box-sizing: border-box; margin-top: 0px; margin-bottom: 26px; overflow-wrap: break-word;"><font size="4" face="Times New Roman"><span style="background-color: rgb(255, 153, 0);">“API condemns Russia’s invasion into Ukraine, and<b> American natural gas and oil producers have a critical role to play in supporting our European allies</b> with access to a stable supply of reliable and affordable energy,” American Petroleum Institute (API) President and CEO Mike Sommers</span><span style="background-color: rgb(255, 255, 255);"> said in a </span><a href="https://www.api.org/news-policy-and-issues/news/2022/02/24/api-statement-on-russian-invasion-of-ukraine" target="blank" rel="noopener" style="box-sizing: border-box;">statement</a><span style="background-color: rgb(255, 255, 255);">.</span></font></p><p style="box-sizing: border-box; margin-top: 0px; margin-bottom: 26px; overflow-wrap: break-word; background-color: rgb(255, 255, 255);"><font size="4" face="Times New Roman">“With both geopolitical tensions and energy costs rising, American energy leadership can serve as a<b> stabilizing </b>force while strengthening global energy<b> security,”</b> Sommers said. “Our industry is committed to working with the administration to do everything possible to minimize any impacts on U.S. consumers while <b>supporting our allies overseas.”</b></font></p><p style="box-sizing: border-box; margin-top: 0px; margin-bottom: 26px; overflow-wrap: break-word; background-color: rgb(255, 255, 255);"><font size="4" face="Times New Roman">API <a href="https://www.api.org/membership" target="blank" rel="noopener noreferrer" style="box-sizing: border-box; background-color: transparent;">represents</a> around 600 different energy firms, making it one of the largest U.S. oil and gas industry groups. <b>Another major industry group, the Independent Petroleum Association of America (IPAA), also stressed the need for domestic production, saying it would benefit both the interests of the U.S. and its allies.</b></font></p><p style="box-sizing: border-box; margin-top: 0px; margin-bottom: 26px; overflow-wrap: break-word;"><font size="4" face="Times New Roman"><span style="background-color: rgb(255, 255, 255);">“The United States has shown its </span><b style="background-color: rgb(255, 255, 255);">global energy dominance </b><span style="background-color: rgb(255, 255, 255);">over the past decade. Unfortunately, this has been<b> </b></span><span style="background-color: rgb(255, 153, 0);"><b>threatened</b> by the current Administration’s policies against domestic natural gas and oil production,” </span><span style="background-color: rgb(255, 255, 255);">IPAA COO Jeff Eshelman told the Daily Caller News Foundation in a statement. “Make no mistake, natural gas and oil production here at home benefits not only our nation, but also our <b>worldwide allies. For America, it means less reliance on oil imports from unfriendly countries.”</b></span></font></p><p style="box-sizing: border-box; margin-top: 0px; margin-bottom: 26px; overflow-wrap: break-word;"><font size="4" face="Times New Roman"><span style="background-color: rgb(255, 255, 255);">Eshelman added that greater American energy production means <b>“</b></span><span style="background-color: rgb(255, 255, 102);"><b>freedom</b> from hostile nations” for people across the world.</span></font></p><p style="box-sizing: border-box; margin-top: 0px; margin-bottom: 26px; overflow-wrap: break-word; background-color: rgb(255, 255, 255);"><font size="4" face="Times New Roman">Additionally, <b>Power the Future</b>, a group that advocates for U.S. energy independence, <a href="https://powerthefuture.com/wp-content/uploads/2022/02/PTF-to-President-Biden-2-24-2022.pdf" target="blank" rel="noopener" style="box-sizing: border-box; background-color: transparent;">wrote a letter</a> to the White House on Thursday, urging the administration to reverse course on its energy policies. The letter, obtained by the DCNF, said the <b>president’s energy agenda has proven to be a failure.</b></font></p><p style="box-sizing: border-box; margin-top: 0px; margin-bottom: 26px; overflow-wrap: break-word;"><font size="4" face="Times New Roman"><span style="background-color: rgb(255, 255, 255);">Since taking office, Biden has waged a</span><span style="background-color: rgb(255, 153, 0);"> war on fossil fuels,</span><span style="background-color: rgb(255, 255, 255);"> </span><a href="https://dailycaller.com/2021/05/17/joe-biden-keystone-xl-pipeline-montana/" target="blank" rel="noopener" style="box-sizing: border-box;">nixing</a><span style="background-color: rgb(255, 255, 255);"> the Keystone XL oil pipeline, </span><a href="https://dailycaller.com/2021/10/20/joe-biden-administration-interior-department-alaska-oil-drilling-energy-prices/" target="blank" rel="noopener" style="box-sizing: border-box;">ditching</a><span style="background-color: rgb(255, 255, 255);"> an oil drilling project in Alaska, </span><a href="https://dailycaller.com/2022/02/08/joe-biden-interior-department-american-petroleum-institute-gulf-of-mexico-oil-drilling-lease/" target="blank" rel="noopener" style="box-sizing: border-box;">staying silent</a><span style="background-color: rgb(255, 255, 255);"> on a court ruling that prohibited an offshore drilling lease in the Gulf of Mexico, </span><a href="https://dailycaller.com/2021/06/15/jeff-landry-joe-biden-louisiana/" target="blank" rel="noopener" style="box-sizing: border-box;">attempting</a><span style="background-color: rgb(255, 255, 255);"> to ban new drilling leases on federal lands and </span><a href="https://dailycaller.com/2022/02/17/federal-energy-regulatory-commission-natural-gas-pipelines-policy/" target="blank" rel="noopener" style="box-sizing: border-box;">making it harder</a><span style="background-color: rgb(255, 255, 255);"> for utilities to gain approval for natural gas projects.</span></font></p><p style="box-sizing: border-box; margin-top: 0px; margin-bottom: 26px; overflow-wrap: break-word; background-color: rgb(255, 255, 255);"><font size="4" face="Times New Roman"><b>The U.S. is set to return to being a net importer of crude oil in 2022 under the Biden administration,</b> <a href="https://dailycaller.com/2022/02/18/united-states-energy-crude-oil-imports-joe-biden/" target="blank" rel="noopener" style="box-sizing: border-box; background-color: transparent;">according</a> to federal projections. The U.S. became a <a href="https://www.eia.gov/energyexplained/us-energy-facts/imports-and-exports.php" target="blank" rel="noopener" style="box-sizing: border-box; background-color: transparent;">net exporter</a> of total energy in 2019, factoring in both coal and natural gas trade, and a net oil exporter in 2020.</font></p><p style="box-sizing: border-box; margin-top: 0px; margin-bottom: 26px; overflow-wrap: break-word; background-color: rgb(255, 255, 255);"><font size="4" face="Times New Roman">Meanwhile, Europe has faced an energy crisis throughout the winter as <b>wind power has <a href="https://dailycaller.com/2021/12/22/wind-power-european-union-energy-crisis-fossil-fuels-russia/" target="blank" rel="noopener noreferrer" style="box-sizing: border-box; background-color: transparent;">underperformed</a></b> and countries turned to natural gas imported from Russia. Russia provides Europe with almost 47% of its natural gas supply, the latest European Union data <a href="https://ec.europa.eu/eurostat/statistics-explained/index.php?title=EU_imports_of_energy_products-recent_developments#Main_suppliers_of_natural_gas_and_petroleum_oils_to_the_EU" target="blank" rel="noopener" style="box-sizing: border-box; background-color: transparent;">showed</a>.</font></p><p style="box-sizing: border-box; margin-top: 0px; margin-bottom: 26px; overflow-wrap: break-word; background-color: rgb(255, 255, 255);"><font size="4" face="Times New Roman">Russia, though, <a href="https://dailycaller.com/2022/02/02/russia-natural-gas-pipeline-europe-germany-joe-biden/" target="blank" rel="noopener" style="box-sizing: border-box; background-color: transparent;">manipulated</a> gas flows to Europe in recent months, causing massive price surges. On Tuesday, Germany <a href="https://dailycaller.com/2022/02/22/germany-nord-stream-2-certification-russia-ukraine/" target="blank" rel="noopener" style="box-sizing: border-box; background-color: transparent;">halted</a> the certification of direct Russia-to-Germany natural gas pipeline Nord Stream 2, which was completed in September 2021 after the Biden administration stripped sanctions on the $11 billion project.</font></p><p style="box-sizing: border-box; margin-top: 0px; margin-bottom: 26px; overflow-wrap: break-word;"><font size="4" face="Times New Roman"><b><span style="background-color: rgb(255, 255, 255);">The American Gas Association (AGA), a group that represents U.S. energy</span><span style="background-color: rgb(255, 255, 102);"> utilities</span><span style="background-color: rgb(255, 255, 255);">, </span></b><span style="background-color: rgb(255, 255, 255);">said the Biden administration must heed the lessons from the European crisis. The </span><a href="https://fred.stlouisfed.org/series/MHHNGSP" target="blank" rel="noopener" style="box-sizing: border-box;">current cost</a><span style="background-color: rgb(255, 255, 255);"> of natural gas in the U.S. is $4.38 per million British thermal units (mmBtu) compared to the roughly $40 per mmBtu Europeans are paying.</span></font></p><p style="box-sizing: border-box; margin-top: 0px; margin-bottom: 26px; overflow-wrap: break-word; background-color: rgb(255, 255, 255);"><font size="4" face="Times New Roman">“With the unfolding chaos abroad and disruption to Europe’s energy markets, natural gas prices for America’s homeowners and business are expected to remain stable,” AGA President and <b>CEO Karen Harber</b>t told the DCNF in a statement. “America’s abundant natural gas supply and vast delivery system insulates us from instability across the ocean and unstable leaders with reckless political agendas.”</font></p><p style="box-sizing: border-box; margin-top: 0px; margin-bottom: 26px; overflow-wrap: break-word; background-color: rgb(255, 255, 255);"><font size="4" face="Times New Roman">“But we cannot ignore the fact that there are areas of the country that have refused to build the necessary infrastructure to bring natural gas to customers that need it, resulting in reliance on shipments of liquified natural gas from abroad, the<b> high prices and instability </b>that go along with that,” she said.</font></p><p style="box-sizing: border-box; margin-top: 0px; margin-bottom: 26px; overflow-wrap: break-word;"><font size="4" face="Times New Roman" style="background-color: rgb(255, 255, 102);">Harbert noted that European consumers are facing significantly higher energy bills because leaders have “turned their backs on natural gas and the delivery infrastructure.”</font></p><p style="box-sizing: border-box; margin-top: 0px; margin-bottom: 26px; overflow-wrap: break-word; background-color: rgb(255, 255, 255);"><font size="4" face="Times New Roman">“We should not follow their example,” she said.<b> [nordstream 2?!]</b></font></p><p style="box-sizing: border-box; margin-top: 0px; margin-bottom: 26px; overflow-wrap: break-word; background-color: rgb(255, 255, 255);"><font size="4" face="Times New Roman">On Jan. 25, as tensions increased along Ukraine’s borders, the White House <a href="https://www.whitehouse.gov/briefing-room/statements-releases/2022/01/25/background-press-call-by-senior-administration-officials-on-russia-ukraine-economic-deterrence-measures/" target="_blank" rel="noopener" style="box-sizing: border-box; background-color: transparent;">announced</a> it would help facilitate greater non-Russian natural gas flows into Europe. Such imports would come from North Africa, the Middle East, Asia and the U.S.</font></p></div><div><font size="4" face="Times New Roman">=</font></div></div><div><font size="4" face="Times New Roman">=</font></div><div><font size="4" face="Times New Roman"><a href="https://www.api.org/news-policy-and-issues/blog/2022/03/01/voters-to-biden-us-gas-oil-strengthens-global-security">https://www.api.org/news-policy-and-issues/blog/2022/03/01/voters-to-biden-us-gas-oil-strengthens-global-security</a></font></div><div><font size="4" face="Times New Roman">
</font></div><div><p style="box-sizing: border-box; margin: 0px 0px 10px; transition: opacity 0.3s ease 0s, visibility 0s ease 0s;"><font size="4" face="Times New Roman"><span style="background-color: rgb(255, 255, 102); box-sizing: border-box; font-weight: 700;">news:</span><span style="background-color: rgb(255, 255, 102);"> President Joe Biden delivers his</span><b style="background-color: rgb(255, 255, 102);"> State of the Union</b><span style="background-color: rgb(255, 255, 102);"> address tonight. Americans will be listening closely to how he defines our security challenges and charts the path ahead. While it’s unclear what lies ahead as</span><b><span style="background-color: rgb(255, 255, 102);"> Russia invades Ukraine, we know one thing for sure: American energy is a positive force in difficult times, helping to provide stability for ourselves and our allies in Europe. Indeed, because of their commitment to technology and</span><span style="background-color: rgb(255, 153, 0);"> innovation</span><span style="background-color: rgb(255, 255, 102);">, America’s natural gas and oil producers are able to use the vast abundance of energy right under our feet.</span></b></font></p><p style="box-sizing: border-box; margin: 0px 0px 10px;"><font size="4" face="Times New Roman"><span style="background-color: rgb(255, 255, 255); box-sizing: border-box; font-weight: 700;">Perspective:</span><span style="background-color: rgb(255, 255, 255);"> According to one </span><span class="link-pdf" style="background-color: rgb(255, 255, 255); box-sizing: border-box; padding-left: 21px; background-image: url(" img="img" site="site" pdf-icon.png="pdf-icon.png" background-repeat="background-repeat" no-repeat="no-repeat" background-position="background-position" left="left" center="center" background-size="background-size" px="px"><a href="https://iea.blob.core.windows.net/assets/4ed140c1-c3f3-4fd9-acae-789a4e14a23c/WorldEnergyOutlook2021.pdf" style="box-sizing: border-box; background-color: transparent; font-weight: 700;">estimate </a></span><span style="background-color: rgb(255, 255, 255);">by the International Energy Agency (IEA), nearly half of all energy used globally in 2040 will come from natural gas and oil – even if all 196 nations party to the Paris Climate Agreement meet their emissions reduction goals. </span><a href="https://www.api.org/climate" style="box-sizing: border-box; font-weight: 700;">While </a><a href="https://www.api.org/climate" style="box-sizing: border-box; font-weight: 700; background-color: rgb(255, 255, 102);">innovations</a><a href="https://www.api.org/climate" style="box-sizing: border-box; font-weight: 700;"> are well underway to meet a lower-carbon future</a><span style="background-color: rgb(255, 255, 255);">, the fact is that we’ll need more of these critical resources – not less – as the world’s population hits a projected 9 billion people by midcentury.</span></font></p><p style="box-sizing: border-box; margin: 0px 0px 10px;"><font size="4" face="Times New Roman"><span style="background-color: rgb(255, 255, 255); box-sizing: border-box; font-weight: 700;">The Big Question:</span><span style="background-color: rgb(255, 255, 255);"> So the important consideration is </span><span style="background-color: rgb(255, 255, 255); box-sizing: border-box; font-weight: 700;">where </span><span style="background-color: rgb(255, 255, 255);">that natural gas and oil gets produced: </span><span style="background-color: rgb(255, 255, 102);">Here in America, which requires operators to meet environmental standards and safety laws</span><span style="background-color: rgb(255, 255, 255);"> [HALLIBURTON DR GAG 2005 YOU BASTARD] that are among the most stringent on the planet? Or, should production shift overseas to nations which may have fewer environmental protections and regulatory oversight?</span></font></p><p style="box-sizing: border-box; margin: 0px 0px 10px;"><font size="4" face="Times New Roman"><span style="background-color: rgb(255, 255, 255); box-sizing: border-box; font-weight: 700;">Here At Home:</span><span style="background-color: rgb(255, 255, 255);"> The answer is obvious and voters agree, </span><a href="https://www.api.org/-/media/Files/News/2022/04/American-Energy-Leadership-Poll.pdf?la=en&hash=19B5DFE3449174D8E5512F6872CD7C07B3F1C121" style="box-sizing: border-box; font-weight: 700;"><span class="link-pdf" style="box-sizing: border-box; padding-left: 21px; background-image: url(" img="img" site="site" pdf-icon.png="pdf-icon.png" background-repeat="background-repeat" no-repeat="no-repeat" background-position="background-position" left="left" center="center" background-size="background-size" px="px">according to new<span style="background-color: rgb(255, 255, 102);"> polling by Morning Consult on behalf of API</span></span></a><span style="background-color: rgb(255, 255, 102);">:</span></font></p><ul class="list-spaced" style="box-sizing: border-box; margin-top: 0px; margin-bottom: 10px; background-color: rgb(255, 255, 255);"><li style="box-sizing: border-box; margin-bottom: 10px;"><font size="4" face="Times New Roman"><span style="box-sizing: border-box; font-weight: 700;">90 percent</span> of voters support the U.S. developing its own domestic sources of energy rather than relying on other regions of the world (Democrats 92%; Independents 86%; Republicans 90%).</font></li><li style="box-sizing: border-box; margin-bottom: 10px;"><font size="4" face="Times New Roman"><span style="box-sizing: border-box; font-weight: 700;">85 percent</span> believe producing natural gas and oil here in the U.S. helps America maintain a leadership role during a period of global uncertainty (Democrats 82%; Independents 78%; Republicans 91%).</font></li><li style="box-sizing: border-box; margin-bottom: 10px;"><font size="4" face="Times New Roman"><span style="box-sizing: border-box; font-weight: 700;">85 percent</span> believe that producing natural gas and oil here in the U.S. could help lower energy costs for American consumers and small businesses (Democrats 81%; Independents 80%; Republicans 90%).</font></li><li style="box-sizing: border-box; margin-bottom: 10px;"><font size="4" face="Times New Roman"><span style="box-sizing: border-box; font-weight: 700;">84 percent</span> agree that producing natural gas and oil here in the U.S. helps make our country and allies more secure against actions by other countries such as Russia (Democrats 83%; Independents 78%; Republicans 88%).</font></li></ul><p style="box-sizing: border-box; margin: 0px 0px 10px;"><font size="4" face="Times New Roman"><span style="background-color: rgb(255, 255, 255); box-sizing: border-box; font-weight: 700;">30,000-Foot View:</span><span style="background-color: rgb(255, 255, 255);"> With global supplies disrupted, America has the energy abundance and the expertise to sustain reliable supply in the decades ahead and is currently </span><span style="background-color: rgb(255, 255, 102);"><a href="http://naturalgascouncil.org/wp-content/uploads/2022/02/NGC-Letter-to-President-2.10.21_Final.pdf" class="link-pdf" style="box-sizing: border-box; padding-left: 21px; background-image: url(" img="img" site="site" pdf-icon.png="pdf-icon.png" background-repeat="background-repeat" no-repeat="no-repeat" background-position="background-position" left="left" center="center" background-size="background-size" px="px" font-weight="font-weight">working full throttle</a> to enhance energy security for our allies abroad</span><span style="background-color: rgb(255, 255, 255);">. As President Biden enters the House Chamber this evening, few things are more paramount than increasing energy<b> security</b> at home and abroad. Taking actions to restrict U.S. natural gas and oil are steps in the wrong direction.</span></font></p><p style="box-sizing: border-box; margin: 0px 0px 10px;"><font size="4" face="Times New Roman"><span style="box-sizing: border-box; font-weight: 700; background-color: rgb(255, 255, 102);">Action Items:</span><span style="background-color: rgb(255, 255, 255);"> Here are several actions America’s natural gas and oil producers hope that the President will take in tonight’s State of the Union speech:</span></font></p><ul class="list-spaced" style="box-sizing: border-box; margin-top: 0px; margin-bottom: 10px;"><li style="box-sizing: border-box; margin-bottom: 10px;"><font size="4" face="Times New Roman"><span style="box-sizing: border-box; font-weight: 700;"><span style="background-color: rgb(255, 255, 255);">Emphasize Energy</span><span style="background-color: rgb(255, 255, 102);"> Security and LNG Infrastructure:</span></span><span style="background-color: rgb(255, 255, 102);"> </span><span style="background-color: rgb(255, 255, 255);">As Russia escalated threats against our European allies late last year, the U.S. overtook Australia and Qatar as the world’s largest liquefied natural gas (LNG) exporter. Experts predict America will surpass all other nations in creating the most LNG capacity by year’s end. And for a period in January, American LNG shipments to Europe overtook Russian natural gas pipeline deliveries for the first time ever. America’s allies agree: LNG is an energy security game-changer – and the administration should take actions to ensure supply and build infrastructure. </span><span style="background-color: rgb(255, 255, 255); box-sizing: border-box; font-weight: 700;">Absent restrictions and polices to curtail production, the U.S. can do even more to help Europe.</span><span style="background-color: rgb(255, 255, 255);"> The administration can move faster in authorizing additional LNG exports and should ensure LNG facilities here have the flexibility to increase export volumes if needed. It should also ease barriers that block U.S. support for overseas natural gas infrastructure projects.</span></font></li><li style="box-sizing: border-box; margin-bottom: 10px;"><font size="4" face="Times New Roman"><span style="box-sizing: border-box; font-weight: 700;"><span style="background-color: rgb(255, 255, 255);">Reduce Permitting </span><span style="background-color: rgb(255, 255, 102);">Uncertainty:</span></span><span style="background-color: rgb(255, 255, 102);"> </span><span style="background-color: rgb(255, 255, 255);">News last week that the Federal Energy Regulatory Commission (FERC) had voted along partisan lines to significantly increase regulatory barriers for approving natural gas pipelines could have a direct impact on America’s response to the current geopolitical situation. FERC’s decision inserts more uncertainty into the approval process at exactly the time</span><span style="background-color: rgb(255, 255, 102);"> operators need clarity. </span><span style="background-color: rgb(255, 255, 255);">Unfortunately, FERC is not alone in issuing restrictive policies. In an op-ed in The Hill, Ellen R. Wald, a senior fellow with the Atlantic Council, detailed the many restrictive actions the administration has put in place at the same time they’ve asked oil producers to increase production: “Oil prices are high enough that companies should be producing more and planning for growth, but they are not,” Wald wrote. “The White House should be working to alleviate producers’ concerns about … the permitting process and other regulatory issues so that producers can feel confident investing profits in future oil production. </span><span style="background-color: rgb(255, 255, 255); box-sizing: border-box; font-weight: 700;">After all, more supply means more reasonable prices. This is perhaps the quickest way to lessen pain at the gasoline pump.”</span></font></li><li style="box-sizing: border-box; margin-bottom: 10px;"><font size="4" face="Times New Roman"><span style="box-sizing: border-box; font-weight: 700;"><span style="background-color: rgb(255, 255, 255);">Reject</span><span style="background-color: rgb(255, 255, 102);"> Protectionist</span><span style="background-color: rgb(255, 255, 255);"> Policies:</span></span><span style="background-color: rgb(255, 255, 255);"> Americans are struggling with inflation and rising energy bills. </span><span style="background-color: rgb(255, 255, 102);">And instituting an export ban on LNG, as 10 Senators asked President Biden to implement is not a solution</span><span style="background-color: rgb(255, 255, 255);">. Increasing LNG exports are not to blame for higher domestic costs. (For example, an Energy Information Administration report cited pipeline restrictions in New England as a key factor in local price increases.) Only about 10% of U.S. natural gas is sent overseas as LNG. And when exports grew the most, in 2019, domestic natural gas prices not only didn’t rise, but fell to three-year lows. Department of Energy studies under the Obama and Trump administrations concluded that rising LNG exports have a negligible impact on domestic prices. </span><span style="background-color: rgb(255, 255, 255); box-sizing: border-box; font-weight: 700;">Amid </span><span style="box-sizing: border-box; font-weight: 700; background-color: rgb(255, 255, 102);">high inflation, global instability</span><span style="background-color: rgb(255, 255, 255); box-sizing: border-box; font-weight: 700;"> and a worsening European </span><span style="box-sizing: border-box; font-weight: 700; background-color: rgb(255, 255, 102);">energy crisis</span><span style="background-color: rgb(255, 255, 255); box-sizing: border-box; font-weight: 700;">, the most important move federal policymakers can make is to signal that America is well-positioned to provide stability amid any supply disruption – and can do so without increasing costs at home.</span><span style="background-color: rgb(255, 255, 255);"> Hopefully, President Biden will continue to reject export bans that would undermine energy security.</span></font></li><li style="background-color: rgb(255, 255, 255); box-sizing: border-box; margin-bottom: 10px;"><font size="4" face="Times New Roman"><span style="box-sizing: border-box; font-weight: 700;">Promote American Energy Leadership:</span> Over the previous decade, as the benefits of the Shale Revolution were realized and policies were put in place to allow natural gas and oil development, America gained our energy independence and became a net exporter of natural gas and oil. And as the world emerges from the economic chaos and disruption caused by the pandemic, America is again the world’s top producer of natural gas and oil. However, a dip in production has meant a return to being a slight net importer in crude and refined products. The path to restoring energy dominance is in avoiding policies that restrict future investment or hinder supply. <span style="box-sizing: border-box; font-weight: 700;">Last weekend’s decision by the Interior Department to freeze certain new oil and gas leases on federal lands and waters is a great example. President Biden should announce its reversal tonight.</span> Imperiling lease sales threatens supply and discourages the kinds of investments that enables energy leadership and lower, stable consumer costs. The President should also ensure the completion of the next five-year offshore leasing program, which should be in place July 1, 2022. President Biden should move forward with a new plan to head off another massive restriction on American energy production.</font></li></ul><p style="box-sizing: border-box; margin: 0px 0px 10px;"><font size="4" face="Times New Roman"><span style="background-color: rgb(255, 255, 255); box-sizing: border-box; font-weight: 700;">What </span><span style="background-color: rgb(255, 255, 102);"><span style="box-sizing: border-box; font-weight: 700;">They’re [HUH?] Saying:</span> “We commend the administration’s focus on addressing climate change and share the goal of reducing emissions across the economy, but we cannot let that objective detract from the clear and present need for continued responsible investment in oil and natural gas development. Recent developments illustrate the importance of the government working collaboratively with industry to ensure U.S. energy and economic security, as well as that of our allies in Europe and around the world. Now more than ever, the administration should speak clearly and without equivocation that the United States will be a reliable producer and supplier of oil and natural gas to our allies around the world both now and in the future.</span><span style="background-color: rgb(255, 255, 255);">” </span><span style="box-sizing: border-box; font-weight: 700;"><span style="box-sizing: border-box; background-color: rgb(255, 255, 102);">–API President and CEO Mike Sommers</span></span></font></p><div class="well" style="box-sizing: border-box; min-height: 20px; padding: 19px; margin-bottom: 20px; border: 1px solid rgb(227, 227, 227); border-radius: 0px; box-shadow: rgba(0, 0, 0, 0.05) 0px 1px 1px inset;"><h3 style="background-color: rgb(245, 245, 245); box-sizing: border-box; line-height: 1.1; margin-top: 20px; margin-bottom: 10px;"><font size="4" face="Times New Roman">About The Author</font></h3><p style="box-sizing: border-box; margin: 0px 0px 10px;"><font size="4" face="Times New Roman"><span style="background-color: rgb(245, 245, 245);">Lem Smith is API’s </span><b style="background-color: rgb(245, 245, 245);">vice president for Federal Relations. </b><span style="background-color: rgb(245, 245, 245);">Lem joined API in February 2020 as vice president for Upstream Policy & Industry Operations. He previously served as a principal at </span><b style="background-color: rgb(245, 245, 245);">Squire Patton Boggs</b><span style="background-color: rgb(245, 245, 245);">, an international law and public-policy firm, where he advised private and public sector clients on federal and multi-state policy matters and provided counsel on communications strategies, campaign affairs and crises management. Previously, Lem was director, U.S. Government & Regulatory Affairs at </span><b style="background-color: rgb(245, 245, 245);">Encana, </b><span style="background-color: rgb(245, 245, 245);">and responsible for all aspects of U.S. government relations and regulatory policy matters at the state and federal levels. Prior to that, Lem was director of Government Relations for </span><b style="background-color: rgb(245, 245, 245);">Kerr-McGee Corporation</b><span style="background-color: rgb(245, 245, 245);">. Lem began his career on Capitol Hill, working for U.S. Senate Majority Leader </span><span style="background-color: rgb(255, 255, 102);">Trent Lott, U.S. Rep. Roger Wicker </span><span style="background-color: rgb(245, 245, 245);">(Mississippi) and the late U.S. Rep. Charlie Norwood (Georgia), where</span><span style="background-color: rgb(255, 153, 0);"> he negotiated key member priorities within the 2005 Energy Policy Act (EPAct).</span><span style="background-color: rgb(245, 245, 245);"> Lem is a graduate of the University of Mississippi.</span></font></p></div></div><div><font size="4" face="Times New Roman">=</font></div>