Global News Posts

Venture Global LNG
June 27, 2024

FERC Approves CP2 Terminal

Flouting Biden Pause, Agency OK’s Largest LNG Terminal in US (Floodlight) Pam Radtke (June 27): Despite the Biden administration’s pause on new USLNG projects, FERC has approved the construction of the nation’s largest new LNG terminal. The $10 billion CP2 in Cameron Parish, Louisiana, is now a step closer to reality. While Venture Global has […]

Pause
June 23, 2024

Biden Owes US Trading Partners Clarity On LNG Pause

Biden Owes US Trading Partners Clarity On LNG Pause (Forbes) David Blackmon (June 23): The Biden administration owes clarity to U.S. trading partners on its pause on LNG exports. With Russia, Qatar, and Algeria making aggressive moves to seize market share in recent months, the White House must clarify USLNG policy to reassure trading partners. […]

Pause
June 20, 2024

U.S. Energy Linked to Geopolitics

The Need for Commonsense Energy Policies (RealClear Energy) Caruso (June 20): The U.S. energy sector is in a precarious position today due to increasing geopolitical volatility and strong energy demand forecasts. Geopolitical chaos has had very real repercussions for everyone.  The United States needs to stop hamstringing energy companies and invest in the nation’s infrastructure. […]

Pause
April 25, 2024

25 Governors Oppose Pause

Sununu, GOP Governors Call on Biden to End USLNG Pause (NH Journal) Taylor Millard (April 26): New Hampshire Gov. Chris Sununu and 24 other governors, have written a letter to President Biden, urging him to lift the USLNG exports pause. The governors argue that the pause undermines not only the economic and national security of […]

Pause
April 10, 2024

Pause and Global Energy Security

LNG Pause Could Affect Global Energy Security (OilPrice.com) Haley Zaremba (April 10): The Biden administration’s decision to pause new USLNG export licenses could significantly impact global energy security and emissions reduction efforts. Developing Asian countries, heavily dependent on affordable natural gas, face uncertainty over their energy transition plans. Asian nations that use a lot of […]

Pause
April 9, 2024

USLNG Pause: Five Key Data Points

Making Sense of USLNG Pause Data Morgan Bazilian, Greg Clough, and Simon Lomax (Apr. 09): Here are the five key data points to make sense of the USLNG pause: $1.50: This was the daily price for 1,000 cubic feet – or 1 million British thermal units – of natural gas on Feb. 20. EIA lists […]

Pause
April 3, 2024

Opinion: Rep. Kelly on Pause

Biden’s LNG ‘Pause’ Threatens Pennsylvania’s Natural Gas Industry (The Hill) Rep. Mike Kelly (April 03): Pennsylvania’s thriving natural gas industry is under threat due to President Biden’s decision to pause pending USLNG export decisions. Since Pennsylvania is the second-largest natural gas-producing state we could be dramatically impacted by this decision. The Biden administration cites climate […]

Pause
March 23, 2024

Pause – Major Risk

Biden LNG Pause Poses Major Risk, Says Smith (Nikkei Asia) Ryosuke Hanafusa (March 23): Freeport CEO Michael Smith has voiced concerns over the recent decision to pause new USLNG export licenses. The decision, which is expected to last at least through Nov. 2024, has put several proposed USLNG projects in a state of uncertainty. Smith […]

Pause
March 21, 2024

Granholm: A Short Pause

U.S. Energy Secretary: Pause Will Be Short-Lived (CNBC) Spencer Kimball (March 21): DOE Sec. Jennifer Granholm reassured oil and gas executives at CERAWeek that the pause on USLNG exports from new projects would be lifted within a year. The DOE announced the pause in Jan. to evaluate the impact of the USLNG boom on climate, […]

Pause
March 20, 2024

Pause Hijacks CERAWeek Discussions

Biden LNG Pause Sours Energy Conversations at CERAWeek (Forbes) Dipka Bhambhani (March 20): The Biden administration’s pause on new USLNG export licenses has been a contentious topic at CERAWeek by S&P Global. The decision has been criticized by Sen. Joe Manchin (D-WV), and other Republican senators, who have urged the administration to lift the pause. […]