Tags: America's Forum | Rep. Bill Johnson | liquefied natural gas | Democrats | House

Rep. Bill Johnson: Natural Gas Bill Passed House with 41 Dems

By    |   Wednesday, 28 Jan 2015 02:40 PM

The liquefied natural gas measure authored by Rep. Bill Johnson passed in the House Wednesday and with strong support from Democrats, the Ohio Republican tells Newsmax TV.

"We had 41 Democrats this time that supported the bill, some of them supported the rule yesterday that brought the bill to the floor," Johnson told hosts J.D. Hayworth and Miranda Khan on "America's Forum" Wednesday.

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"I even had some Democrats advocating for the bill when we testified before the rules committee earlier this week," he said.

"It's a common sense bill that everybody recognizes the job-creating potential and the geopolitical implications across the globe," he added.

The LNG Permitting Certainty and Transparency Act is designed to make it easy for U.S. companies to export liquefied natural gas, which is natural gas that is in a liquid state, in which it can be more easily and efficiently transported because it has about 1/600th the volume of natural gas. If passed, the LNG is expected to help create 45,000 jobs.

"Right now as it stands today, the Department of Energy has no timeline, no shot clock on their approval of LNG, liquid natural gas, export permit applications," Johnson explained.

"Since 2010, we've had some 38 applications. They have approved only five," he said.

"What this does, it creates tremendous regulatory uncertainty because for companies to go through the FERC process, the Federal Energy Regulating Commission, and the environmental impact statements, you're talking about hundreds of millions of dollars," Johnson said.

"Companies need that regulatory certainty that once they invest that money, that they're going to get a decision, a timely decision by the Department of Energy," he added.

"That's exactly what this bill does — it puts a shot clock on the Department of Energy — it gives them 30 days after the completion of all of those things I mentioned, the other regulatory environmental evaluations and analyses, and then they have to give a decision at that point," Johnson explained.

The lawmaker said that he's confident that the measure will make it through the Senate and that Republican Sen. John Barrasso of Wyoming has introduced a similar measure "and it's gong to be getting hearings starting next week."

He said that he hopes that "we're going to give the president a bipartisan solution that'll create 45,000 jobs and about $1 billion in wage increase for the American people and giving them some leverage on the geopolitical front globally."

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The liquefied natural gas measure authored by Rep. Bill Johnson passed in the House Wednesday and with strong support from Democrats, the Ohio Republican tells Newsmax TV.
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Wednesday, 28 Jan 2015 02:40 PM
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