Inside Biden’s LNG moratorium

Today, the Biden administration announced a highly-anticipated moratorium on permits for new natural gas facilities for over a year. The decision comes as the United States leads the world in both liquefied natural gas exports and oil and gas production. POLITICO’s Ben Lefebvre breaks down the energy and foreign policy implications of the decision, along with the mixed reaction. Plus, continued attacks on vessels in the Red Sea are disrupting cargo shipments between Asia and Europe.

For more news on energy and the environment, subscribe to Power Switch, our free evening newsletter: https://www.politico.com/power-switch

And for even deeper coverage and analysis, read our Morning Energy newsletter by subscribing to POLITICO Pro:

 https://subscriber.politicopro.com/newsletter-archive/morning-energy

Josh Siegel is an energy reporter for POLITICO. 

Ben Lefebvre is an energy reporter for POLITICO. 

Nirmal Mulaikal is a POLITICO audio host-producer. 

Annie Rees is a senior audio producer-host at POLITICO. 

Gloria Gonzalez is the deputy energy editor for POLITICO. 

Matt Daily is the energy editor for POLITICO.

Learn more about your ad choices. Visit megaphone.fm/adchoices