The economic impact of LNG exports (and the Biden/Harris “pause”)

The Rio Grande Foundation has long touted the economic and environmental benefits of American exports of liquefied natural gas (LNG). We share that perspective with the National Association of Manufacturers which recently came out with a study highlighting the benefits of exporting LNG and the drawbacks of the Biden/Harris Administration’s current “pause” on LNG export permits.

As the graphic below highlights, Americans (including of course New Mexicans) are benefiting from LNG exports via good paying jobs, economic growth, and increased taxes paid. If the Biden/Harris policy of limiting LNG exports is not addressed all of that will be negatively and dramatically impacted.