The House Armed Services Committee this morning adopted Congressman Jim Bridenstine’s amendment to expedite Department of Energy decisions on approving Liquefied Natural Gas (LNG) exports. This is a big win for Oklahoma’s natural gas industry. Oklahoma is the fourth largest natural gas producing state in America.
Energy security is national security. The two are intimately linked. We enhance our own national security when our allies and trading partners are not reliant on unfriendly regimes for energy. In turn, we enhance their national security and freedom of action. Mr. Putin has showed us that energy can be a more powerful weapon than bullets, bombs, and tanks. The mullahs in Iran will surely learn these same lessons.
The United States can play a substantial role in ensuring the energy security of our allies and trading partners through LNG exports. We are the world’s largest natural gas producer and a net exporter. Reserves have increased 80% since 2000. The Energy Information Administration projects U.S. production will increase 50% by 2040.
Ramping up LNG exports is a win-win for our allies and our economy.
The amendment was approved as part of the FY17 National Defense Authorization Act (NDAA). The bipartisan bill authorizes funding for America’s armed forces and sets Department of Defense policy. Congress has passed the National Defense Authorization Act 53 years in a row.