Biden Administration Plays Grim Reaper for the Natural Gas Industry

Biden Administration Plays Grim Reaper for the Natural Gas Industry

April 26, 2022

John Kerry is showing everyone the Biden administration’s true colors again. He told the media that the natural gas industry has to figure out carbon capture technology in the next decade, while also saying they shouldn’t get the infrastructure they need to operate. John Kerry’s misguided claims about the industry represent the administration’s continuing failure to understand they can’t have it both ways. On Thursday, Kerry told Bloomberg TV:

“We have to put the industry on notice: You’ve got six years, eight years, no more than 10 years or so, within which you’ve got to come up with a means by which you’re going to capture [emissions], and if you’re not capturing, then we have to deploy alternative sources of energy. 

“No one should make it easy for the gas interests to be building out 30- or 40-year infrastructure, which we’re then stuck with and you know the fight will be ‘well we can’t close these because of the employment, because of the investors, et cetera.’”

As the Presidential climate envoy, Kerry knows that scalable technology is not ready to capture CO2 emissions and sufficient alternatives to natural gas won’t exist within his very limited timeframe. Kerry also ignores the fact that the administration’s opposition to new pipelines is causing the cost of natural gas to rise. The Editorial Board for the Wall Street Journal writes:

“Natural-gas prices have shot up in recent months because production isn’t keeping pace with demand as the economy continues to recover and coal plants shut down. Political opposition to new pipelines is constraining U.S. production. Without more pipelines, U.S. energy prices will increase.”

Biden, Kerry, and the unelected bureaucrats that work for them are doing everything they can to kill American natural gas. In February, the Federal Energy Regulatory Commission (FERC) tried to jam through a rule that would have made new infrastructure projects impossible. Sen. Manchin and PTF are standing up to FERC. Join us by signing your name to our petition.

The Biden administration actively discourages investment and growth in the industry, while no viable means exist to meet their unrealistic deadlines. As the recent increasing demand for natural gas demonstrates, the administration’s goals are short-sighted and harmful to consumers.