DENVER – Western Energy Alliance President Kathleen Sgamma will testify at a hearing entitled “Promoting American Energy Security by Facilitating Investments and Innovation in Climate Solutions”
before the Senate Committee on Environment and Public Works. Sgamma will discuss the strategic advantages provided by America’s abundance of oil and natural gas as well as the threats to energy security posed by overreaching climate regulations. The hearing will take place Wednesday, March 23rd at 10:00 a.m. ET and is available on the committee’s website.
“When Russian tanks rolled across the border of Ukraine, the realities of energy as a fundamental component of international security became crystal clear. The dependence of Europe on Russian oil and natural gas has created instability and constrained the response from the United States and the West,” said Sgamma. “Sanctions that squeeze Russian energy sources have meant even higher energy prices in Europe. Luckily, the United States is the number one producer of oil and natural gas in the world. We are ramping up production in response to high commodity prices to help bring those prices down while providing Europe with clean, reliable sources of energy.
“Over time, we can do more to ensure Europe’s energy security by reducing its dependence on Russia. We are proud that we supplied more natural gas to Germany than Russia did via pipeline in January through Liquefied Natural Gas (LNG) exports. We applaud the Biden Administration for approving two LNG export licenses last week, a move I hope indicates that the harsh realities of energy security are starting to shift policies towards supporting American oil and natural gas production,” Sgamma added.
Sgamma’s full testimony is available on the Alliance’s website.
What: Senate Committee on Environment and Public Works hearing on “Promoting American Energy Security by Facilitating Investments and Innovation in Climate Solutions”
Who: Kathleen Sgamma, president of Western Energy Alliance
When: Wednesday, March 23rd, 10:00 a.m. ET
Where: The forum will be streamed on the committee’s webpage.
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