Amid returning to post-pandemic normalcy, a horrific war and an energy supply crunch have had devastating effects on consumers across the globe, all against the backdrop of historical inflation.
It’s essential to understand American natural gas’s critical role in ensuring the world has access to affordable, reliable, clean energy and underpinning our national security.
Europe’s economic and energy policies fostered an environment that resulted in deep and dangerous reliance on Russian energy. The continent is now faced with soaring energy prices and significant reliability concerns. As our strategic allies desperately seek solutions, America’s energy producers are focused on safely increasing supplies to loosen Russia’s chokehold, including routing liquefied natural gas to Europe and signing strategic long-term LNG supply contracts.
But while these international partnerships are a step in the right direction to strengthening Europe’s energy security, policymakers are faced with grim choices. Germany is one step away from rationing natural gas in response to Russia’s latest actions to curtail fuel delivery. “We are in a gas crisis,” said Germany’s economy minister, Robert Habeck. “From now on, gas is a scarce commodity.”
That’s starkly different compared to the United States, where, as the world’s top oil and natural gas producer, we are much more energy secure due to the abundance of resources beneath our feet.
Additionally, having a plentiful domestic energy supply means we can share the economic and environmental benefits of American energy worldwide. In fact, the United States recently surpassed Australia and Qatar to become the globe’s top LNG exporter.
This is great for American diplomacy, domestic job creation and the environment. Amid returning to post-pandemic normalcy, a horrific war and an energy supply crunch have had devastating effects on consumers across the globe, all against the backdrop of historic inflation.
It’s important to understand the critical role American natural gas plays in ensuring the world has access to affordable, reliable, clean energy and underpinning our national security.
Europe’s economic and energy policies fostered an environment that resulted in deep and dangerous reliance on Russian energy. The continent is now faced with soaring energy prices and significant reliability concerns. As our strategic allies desperately seek solutions, America’s energy producers are focused on safely increasing supplies to loosen Russia’s chokehold, including routing liquefied natural gas to Europe and signing strategic long-term LNG supply contracts.
But while these international partnerships are a step in the right direction to strengthening Europe’s energy security, policymakers there are faced with grim choices. Germany is one step away from rationing natural gas in response to Russia’s latest actions to curtail the delivery of fuel. “We are in a gas crisis,” said Germany’s economy minister, Robert Habeck. “From now on, gas is a scarce commodity.”
That’s starkly different compared to the United States, where, as the world’s top oil and natural gas producer, we are much more energy secure due to the abundance of resources beneath our feet.
Additionally, having a plentiful domestic energy supply means we are able to share the economic and environmental benefits of American energy worldwide. In fact, the United States recently surpassed Australia and Qatar to become the globe’s top LNG exporter.
A Pew Research poll found that voters want to see more natural gas production at home to increase exports to Europe.
As the largest natural gas-producing region with the greenest environmental profile in the country, our three states — Pennsylvania, Ohio and West Virginia — have the tools to solve global energy woes.
Safety, integrity and a commitment to continuous improvement are values held deeply by the members who make up our respective organizations. We’re committed to being the driver of America’s clean energy future.
After all, technological breakthroughs in our industry brought America its long-sought net energy export status for the first time since the 1950s. Not to mention that the United States has reduced emissions faster than any country in the world, thanks to the increased use of natural gas.
However, policymakers must do more to enable this American energy progress to deliver even more benefits for our economy, our people, our allies and our environment by approving needed infrastructure, expanding export capacity and increasing domestic natural gas production.
Rather than turning to American ingenuity for support, our president would instead turn to cartel leaders to stabilize the market. “Before you visit Riyadh, we invite you to visit Reynoldsville, Pa. It’s the heart of the Marcellus Shale in the state where you were born, one of the most prolific natural gas-producing regions in the world,” the energy industry leaders wrote in a recent letter to President Biden.
“Join us in one of America’s major energy-producing areas which together launched the American energy revolution that ended decades of U.S. energy scarcity and growing dependence on foreign governments,” the letter said.
Never has it been more apparent that access to affordable, reliable and clean energy is directly tied to security and quality of life. America — led by Appalachian energy — has the opportunity to take the lead in reducing energy scarcity and helping our allies discover new energy and economic growth opportunities. That is something we as Americans should take great pride in.
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