Subcommittee on Energy and Mineral Resources oversight hearing titled “Liquefied Natural Gas and U.S. Geopolitics”
Representative Doug Lamborn (CO-05) released the following statement regarding today's committee hearing:
"America's ‘shale revolution' has transitioned the U.S. from a position of energy scarcity to one of energy abundance and security, with growing impacts in global energy markets. Less than two decades ago, the U.S. faced a growing dependence on imported natural gas supplies to meet domestic demand. Advancements in horizontal drilling and hydraulic fracturing spurred the development of previously inaccessible shale gas reserves, transforming domestic gas production capabilities and unleashing sustained economic growth in regions across the country," said Rep. Lamborn. "The hearing will examine the emerging role of the U.S. in liquefied natural gas (LNG) markets and associated benefits including providing U.S. allies with reliable energy sources, strengthening geopolitical relationships to the detriment of hostile nations and securing a stable and affordable domestic supply. Colorado and other leading gas producing states will benefit from the continued growth of high paying jobs as the U.S. allows LNG exports."