Jarrett Renshaw and Trevor Hunnicutt of Reuters report that the White House has ruled out a ban on natural gas exports this winter.
- Implementing an energy export ban would increase costs for consumers and limit the global energy supply.
- Policymakers can build upon this momentum by repealing the Jones Act.
- To reduce energy costs for consumers and avoid an energy crisis, lawmakers should reduce regulatory barriers to allow the private sector to thrive.
“The average cost of U.S. home heating is expected to rise 17.2% from last winter to $1,202, putting millions of low-income families at risk of falling behind on their energy bills, according to a recent report by the National Energy Assistance Directors’ Association (NEAD).”
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The views and opinions expressed are those of the author’s and do not necessarily reflect the official policy or position of C3.
