Tag

Natural Gas Industry

All articles tagged with #natural gas industry

energy-policy1 year ago

"Biden's LNG Export Pause Sparks Bipartisan Pushback and Industry Concerns"

America's largest natural gas producer, EQT Corporation, warns that the Biden administration's pause on liquefied natural gas (LNG) export approvals could have devastating long-term impacts on the industry and energy security for foreign allies, creating uncertainty for investors and disrupting plans to reach international markets. Concerns have been raised by energy leaders and House Republicans, who argue that the policy could leave allies vulnerable and harm global energy security and emission reduction efforts. The Biden administration has clarified that the ban doesn't extend to currently permitted LNG exports, but delays in approving new exports could still leave U.S. allies vulnerable.

energy2 years ago

Legal Challenge Filed Against Biden Administration's Gas Appliance Crackdown

The American Gas Association (AGA) and other trade associations have filed a legal challenge against the Biden administration's regulations targeting gas-powered residential furnaces, arguing that the rules effectively ban the sale of a large portion of furnaces enjoyed by consumers. The regulations, which require furnaces to achieve a higher fuel utilization efficiency, would remove up to 60% of current residential furnaces from the market and impact over half of American households. The AGA claims that the regulations will saddle families and businesses with increased costs and little environmental gain. The Department of Energy defends the regulations, stating that they will lead to more efficient appliances, lower costs, and reduced carbon emissions.