Whale Large Capital
  • Politics
  • World News
  • Business
  • Investing
  • Politics
  • World News
  • Business
  • Investing

Whale Large Capital

Politics

Biden had no idea he signed natural gas export pause, Johnson says

by January 19, 2025
January 19, 2025
Biden had no idea he signed natural gas export pause, Johnson says

House Speaker Mike Johnson, R-La., on Friday recounted a meeting with President Biden from early last year when the president appeared to forget he signed an executive order pausing the export of liquified natural gas (LNG).

Johnson publicly recalled the story for the first time to Bari Weiss during an episode of her podcast ‘Honestly’ for The Free Press after saying that through his ‘personal observation’ in dealing with Biden, the president ‘has not been in charge for some time.’ Johnson’s story was first reported by the Wall Street Journal in June, though the newspaper’s reporting relied on anonymous sources at the time.

When Weiss asked Johnson to elaborate on his observations, the speaker began his tale of how Biden’s staff kept brushing off his attempts to schedule a meeting with the president in January 2024 amid ‘big national concerns’ that Johnson said he ‘was losing sleep over.’

Johnson said that Biden’s staff finally relented after some pressure from the media and invited him to the Oval Office to meet with the president. Johnson, however, said the meeting did not start as expected.

‘I show up and I realize it’s actually an ambush ’cause it’s not just me and the president,’ Johnson said. ‘It’s also Kamala Harris, Chuck Schumer, Hakeem, you know, The CIA Director.’

Johnson said the group began to ‘hot box’ him on Ukraine funding when Biden asked if he could have the room with him, a request that Johnson said left the president’s staff visibly concerned.

Once Biden and Johnson were alone in the Oval Office, the speaker asked the president about his pause on LNG exports. 

‘I cannot answer this from my constituents in Louisiana,’ Johnson recalled telling Biden. ‘Sir, why did you pause LNG exports to Europe? Liquefied natural gas is in great demand by our allies. Why would you do that? Cause you understand we just talked about Ukraine, you understand you are fueling Vladimir Putin’s war machine, because they gotta get their gas from him.’

Johnson recounted how a stunned Biden replied: ‘I didn’t do that.’

Biden initiated a pause on new LNG export permits in January 2024, a move which has been widely criticized by the oil community and bipartisan lawmakers in the House.

Johnson said that when he reminded the president of the executive order he had signed just weeks ago, Biden denied that what he had signed was a pause on LNG.

Johnson said he argued that the pause would do ‘massive damage to our economy, national security,’ and he even suggested that the president’s secretary print out a copy of the order so that the two of them could read it together.

‘He genuinely did not know what he had signed,’ Johnson said. ‘And I walked out of that meeting with fear and loathing because I thought, ‘We are in serious trouble—who is running the country?’ Like, I don’t know who put the paper in front of him, but he didn’t know.’

Biden’s LNG pause threatens nearly 1 million jobs over the next two decades if the restriction remains in place, according to a study by the National Association of Manufacturers, which Fox News Digital previously reported on.

The export ban would stifle the U.S. GDP by between $122.5 billion and $215.7 billion in 2044, while between $26.9 billion and $47.7 billion in tax and royalty revenues to federal, state and local governments would be at risk in 2044 if the permit pause persists, the study found.

President-elect Trump, however, reportedly ‘plans to go strong on the issue’ of LNG exports when he assumes office, sources told Reuters in November.

Fox News Digital’s Aubrie Spady and Eric Revell contributed to this report.

Related Topics

Mike Johnson
Joe Biden
House Of Representatives Politics
White House
US Energy
Politics

This post appeared first on FOX NEWS
0
FacebookTwitterGoogle +Pinterest
previous post
Fuel tanker truck blast kills at least 70 in Nigeria
next post
‘Everybody is crying’: Israelis rejoice as 3 hostages returned after more than 470 days in Gaza

You may also like

Pentagon may sink Biden-era deal to sell Australia...

June 12, 2025

Israelis look to Trump amid debate on Gaza’s...

January 6, 2025

Rand Paul says he would support ‘big, beautiful...

June 1, 2025

Schumer’s ‘Apprentice’ praise of Trump goes viral: ‘Going...

April 21, 2025

The Hitchhiker’s Guide to confirming Trump Cabinet nominees...

January 15, 2025

Blinken arrives in Israel as Biden-Harris admin faces...

October 22, 2024

‘Overblown’ reports on Israel-Lebanon normalization risk hindering border...

March 12, 2025

SpaceX launch scrubbed hours after Hegseth shares message...

March 13, 2025

Harris leads Trump by 4 nationally as both...

November 4, 2024

DOGE USAID budget cuts hit UN in ‘worst...

March 22, 2025

    Subscribe today to receive exclusive access to all our retirement secrets and income strategies, including special financial news and updates from our experts. From time to time, our newsletters feature valuable insights and analysis on the latest financial trends. Don't miss out on these exclusive updates – join our subscription to stay informed!


    By opting in you agree to receive emails from us. Your information is secure and your privacy is protected.



    Latest

    • Johnson demands NARA turn over records related to Biden’s mental ‘decline’ amid Senate probe of ‘cover-up’

      July 17, 2025
    • White House pushes back forcefully on Epstein file criticism: ‘Asinine suggestion’

      July 17, 2025
    • ‘Irrelevant’: Senators push back against Vought’s call for more partisan spending process

      July 17, 2025
    • Biden-era policy indirectly paying for unaccompanied minors’ abortions rescinded by Trump DOJ

      July 17, 2025
    • Unearthed chat sheds light on cozy ties between judges, climate activists, raising ethical concerns

      July 17, 2025
    • Not ‘honest’ news organizations: White House defends yanking $9B ‘worth of crap’ in rescissions package

      July 17, 2025

    Categories

    • Business (719)
    • Investing (661)
    • Politics (4,962)
    • World News (3,213)
    • Terms & Conditions
    • Privacy Policy
    • Contact us
    • About us

    Disclaimer: WhaleLargeCapital.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 WhaleLargeCapital.com | All Rights Reserved