The impacts of President Joe Biden’s LNG export permit freeze has reverberated across the nation’s oil/gas industry. But nowhere are its impacts felt more acutely than in southeast Texas, where as many as 24 job-generating petrochemical infrastructure projects, including several already under way, are now in limbo.

The uncertainty fostered by the Biden administration’s Jan. 26 implementation of a “temporary pause” in LNG export permits most notably threatens to derail economic development in Port Arthur and Beaumont, two port cities where billions in planned job-generating investments by private industries have been tailored to benefit local residents and redress long standing community environmental concerns.

Local officials outlined how the LNG permit freeze has paralyzed economic development across southeast Texas during a 90-minute April 8 congressional field hearing at Lamar State College in Port Arthur.

Read Full Article Here