The U.S. Department of Homeland Security (DHS) announced three additions to the Uyghur Forced Labor Prevention Act (UFLPA) Entity List. These are the first additions by the Biden Administration since June. U.S. Senator Marco Rubio (R-FL), author of the bipartisan...
News
Latest News
ICYMI: Rubio: Congress Should Think Before It Regulates AI
Congress should think before it regulates AI U.S. Senator Marco Rubio (R-FL) September 26, 2023 Washington Times To prevent next-generation computer programs from wreaking havoc on American society, [some members of Congress want] to enact comprehensive regulation at...
ICYMI: Rubio Joins The Aaron Renn Show
U.S. Senator Marco Rubio (R-FL) joined The Aaron Renn Show to discuss Rubio’s Labor Day report on working (and non-working) men. See below for highlights and listen to the full interview here. On protecting American jobs and interests: “We made a series of economic...
ICYMI: Rubio Debates Coons on China, Environment
U.S. Senator Marco Rubio (R-FL) debated Senator Chris Coons (D-DE) on China, global leadership, and environmental policy at an event hosted by the Bipartisan Policy Center’s Senate Project at George Washington University. “We have to shape a future that recognizes...
Por Si Se Lo Perdió: Rubio Sobre la Coexistencia de la Inteligencia Artificial Y el Gobierno de EE.UU.
Inteligencia Artificial: El Congreso de EE.UU. debería pensar antes de regular la industria Por: El senador estadounidense Marco Rubio 22 de septiembre del 2023 Diario Las Américas “Es necesario legislar y aprender al mismo tiempo”. Esta broma reciente del senador...
Rubio, Costa, Colleagues Urge Commerce to Defend American Tomato Industry
Mexican tomato exporters are conducting unfair trade practices and dumping tomatoes into the U.S. market, despite the 2019 Tomato Suspension Agreement. This is forcing American tomato farmers out of business and destroying the domestic tomato industry. U.S....
Rubio, Cassidy Introduce Legislation to Expedite Natural Gas Export Approval
Washington, D.C. – U.S. Senators Marco Rubio (R-FL) and Bill Cassidy (R-LA) today introduced the Small Scale LNG Access Act, legislation that would codify a Department of Energy (DOE) rule expediting the approval of small-scale natural gas exports to service consumers, most of which are in the Caribbean and Latin America.
“Expedited approval of small-scale natural gas exports would strengthen an emerging sector of Florida’s economy,” said Rubio. “In addition to the economic advantages for Florida, this measure would bolster our existing ties with Caribbean and Latin American nations while ensuring that bad actors in the region, including Cuba and Venezuela, do not reap its benefits.”
“This bill promotes the growth of American natural gas, creating well-paying jobs with good benefits for hardworking families in Louisiana,” said Cassidy. “The faster approval of small-scale natural gas shipments will create American jobs, improve Caribbean energy security and lower greenhouse gas emissions.”
The Caribbean small-scale LNG export market represents a relatively untapped outlet as the United States only exported approximately three billion cubic feet of natural gas to the region in 2016. Increasing exports of U.S. liquefied natural gas (LNG) will decrease Caribbean & Central American reliance on Venezuelan fuel oil, increase economic opportunities, and offer a cleaner-burning fuel source for those nations.
The United States is well positioned to meet the anticipated four to five percent annual growth in global natural gas demand. According to the Energy Information Administration, the U.S. has an estimated 2,355 trillion cubic feet of technically recoverable natural gas, enough to last an estimated 86 years at current consumption rates.
The current permitting process for LNG export facilities is expensive, and small-scale projects often are not cost effective under current conditions. Reducing the time and investment required for small-scale exports will benefit U.S. production, manufacturing, and construction jobs while also reducing trade deficits with the importing country. Increasing LNG exports, even on a small scale, will positively impact the economies of the United States as well as the economies of those receiving U.S. natural gas.