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Easing Natural Gas Export and Import Regulations

This act aims to remove existing restrictions on natural gas trade, potentially affecting energy availability and prices. These changes could increase U.S. gas exports, impacting global energy markets and the domestic economy. Citizens might experience indirect effects through changes in energy costs and supply stability.
Key points
Removes restrictions on the export and import of natural gas, including LNG.
Grants the Commission exclusive authority over approving the siting, construction, and operation of gas facilities.
The President retains authority to prohibit imports or exports in emergencies or against state sponsors of terrorism.
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Additional Information
Print number: 117_HR_1575
Sponsor: Rep. Johnson, Bill [R-OH-6]
Process start date: 2021-03-03