General Land Office Commissioner Dawn Buckingham says the Biden administration’s policy of blocking new exports of liquid natural gas is stealing money from Texas schoolchildren and hindering U.S. energy independence.
“The LNG Export Ban will harm Texas by disincentivizing billions of dollars in capital investment for natural gas exportation projects,” the lawsuit states. It will “hamstring Texas’s ability to maximize revenue for the Permanent School Fund” and “force Texas producers to flare excess natural gas instead of taking it to market.”
“In light of these facts, it’s unconscionable that our own federal government would take such drastic steps with the goal of shutting down this thriving industry.” the commissioner concluded.
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