U.S. Senate Republican Leader Mitch McConnell | Mitch McConnell Official website
U.S. Senate Republican Leader Mitch McConnell | Mitch McConnell Official website
U.S. Senate Republican Leader Mitch McConnell (R-KY) expressed concern over the Biden Administration's approach to energy policy, particularly its impact on American workers and U.S. allies. McConnell criticized the recent de facto ban on new liquefied natural gas (LNG) export permits, stating that it was a policy driven by left-wing activists who have influence over President Biden's energy agenda.
McConnell highlighted the detrimental effects of the export permit ban on both domestic and international interests. He emphasized that canceled export permits result in abandoned projects and lost jobs, ultimately leading to higher prices for gasoline, home heating, and other everyday expenses for American working families. Since President Biden took office, the cost of gasoline has increased by 35%, fuel oil prices by 61%, natural gas by 27%, and electricity prices by 25%.
However, McConnell argued that the consequences of the administration's green policies extend beyond U.S. borders. He noted that European and Asian countries, which had previously relied on Russian energy, have been turning to clean American LNG in recent years. If new U.S. LNG projects are blocked, these nations will have to seek alternative sources, likely from America's adversaries such as Iran and Russia, who are increasing their LNG production capabilities.
McConnell also criticized the Biden Administration's decision to promote Joseph Goffman, one of the masterminds behind the climate policy, to the position of Assistant Administrator at the Environmental Protection Agency (EPA). He accused Goffman of prioritizing activist whims over American workers and job creators, claiming that he had contributed to the elimination of half of the nation's coal jobs.
In conclusion, McConnell expressed concern that the Biden Administration's energy policies, driven by left-wing activists, are harming American workers and pushing the country and its allies towards reliance on energy from adversaries. He emphasized the need for a balanced approach that considers both economic and environmental factors.