Energy Secretary Jennifer Granholm warned against "unfettered exports" of liquefied natural gas (LNG), citing risks of increased domestic prices and greenhouse gas emissions.
Granholm noted that "unfettered exports of LNG would increase wholesale domestic natural gas prices by over 30%," ultimately costing American households significantly more.
She emphasized that an "export-induced price increase" could complicate family budgets, especially in the wake of recent energy price spikes from the pandemic.
Granholm stated that continued LNG export practices are "neither sustainable nor advisable," advocating for a more cautious approach that considers environmental impacts.
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