FIRST ON FOX: A top House Republican is warning that President Biden’s recent moratorium on liquefied natural gas (LNG) exports over climate concerns could hit U.S. small businesses the hardest.
House Small Business Committee Chairman Roger Williams, R-Texas, penned a letter Wednesday morning to President Biden and Energy Secretary Jennifer Granholm, warning of the “detrimental impacts” the policy will have on small businesses, the U.S. economy broadly and America’s strategic interests worldwide. In the letter, Williams demanded answers to a series of questions about the administration’s actions.
“Currently over 90 percent of oil and natural gas extractors are small businesses, and the Committee seeks a deeper explanation of this decision and its impacts on those businesses and U.S. strategic priorities,” Williams wrote to Biden and Granholm, adding that the administration appears intent on making it hard for small fossil fuel operators to “to compete and earn a living.”
“This export decision will force the U.S. to turn its back on our European allies …