H.R. 7176, titled the “Unlocking our Domestic LNG Potential Act of 2024,” aims to repeal certain restrictions on the import and export of natural gas, including liquefied natural gas (LNG). The bill proposes amendments to the Natural Gas Act to grant the Federal Energy...
Simple Explanation
H.R. 7176 is a bill that wants to change the rules about buying and selling natural gas to and from other countries. It gives a special group in the government the power to decide if natural gas facilities are a good idea and allows the President to stop these activities if it could harm the country.