"US House Rejects Biden's Natural Gas Moratorium, Ensuring Continued LNG Supply"

The House voted to strip the Biden administration's authority to permit natural gas export projects, passing the Unlocking Domestic LNG Potential Act in a blow to the president's climate agenda. The bill would give the Federal Energy Regulatory Commission exclusive authority over LNG export project permits, aiming to overturn Biden's recent moratorium on such projects. Republicans argue that the moratorium benefits adversaries like Russia and Iran, while Democrats and environmental groups criticize the bill for exacerbating climate change and benefiting Chinese industry. The legislation now moves to the Senate, where a companion bill has been introduced, but the White House has indicated that President Biden would veto the bill if passed.