"White House Freezes New Natural Gas Projects, Facing Industry Backlash and Looming LNG Debacle"

The Biden administration plans to freeze approvals for new natural gas export terminals for up to 15 months while it reviews the permitting process, aiming to assess the industry's impact on climate change and environmental effects on local communities. This move could affect the fast-growing natural gas export business and clash with some of the president's foreign policy priorities. The review would not interrupt existing LNG export plants but would put a hold on new permits for additional projects, drawing criticism from the industry and environmental groups while signaling a shift in U.S. energy policy.