The Los Angeles Post
U.S. World Business Lifestyle
Today: April 17, 2025
Today: April 17, 2025

Oil, gas lobby group warns against US slowing down LNG approvals

Illustration shows model of LNG tanker and the U.S. flag
April 26, 2024
Laura Sanicola - Reuters

By Laura Sanicola

WASHINGTON (Reuters) - The head of the main U.S. oil and gas lobby group said on Wednesday that if U.S. regulators slow down or stop approving liquefied natural gas exports, they will put U.S. allies at risk.

American Petroleum Institute President Mike Sommers issued the warning in response to media reports this week that the Biden administration is weighing whether to add climate considerations to the process of approving new LNG terminals or expansions.

The U.S. has become the world's biggest exporter of LNG this year even as the Biden administration has said it wants to hasten the transition away from fossil fuels.

(Reporting by Valerie Volcovici)

Share This

Popular

Business|Economy|Political|US

'I'm very optimistic': Steel company owner tells CNN tariffs will help them

'I'm very optimistic': Steel company owner tells CNN tariffs will help them
Business|Economy|Europe|Political|US

European Central Bank expected to cut rates again amid worries about Trump's tariffs

European Central Bank expected to cut rates again amid worries about Trump's tariffs
Business|Economy|Europe|Finance

UK lenders expect demand for mortgages to plateau in coming months

UK lenders expect demand for mortgages to plateau in coming months
Business|Economy|Europe|Political|World

Paris court gives Ukraine's Naftogaz go-ahead to pursue Gazprom compensation

Paris court gives Ukraine's Naftogaz go-ahead to pursue Gazprom compensation

Economy

Business|Economy|Europe|Political|World

Paris court gives Ukraine's Naftogaz go-ahead to pursue Gazprom compensation

Paris court gives Ukraine's Naftogaz go-ahead to pursue Gazprom compensation
Asia|Business|Economy|Political|US

China, US at impasse over who should start trade talks

China, US at impasse over who should start trade talks
Asia|Business|Economy|Finance|Political|Stock Markets|US

Lasting damage

Lasting damage
Asia|Business|Economy

China releases guidelines to facilitate cross-border flows of financial data

China releases guidelines to facilitate cross-border flows of financial data

Access this article for free.

Already have an account? Sign In