'Wrong-headed': Energy industry leaders blast Biden admin report on natural gas exports

The Biden administration released a draft report on Tuesday warning of potentially negative impacts to Americans should the president's moratorium on liquefied natural gas (LNG) exports be lifted.  

The report, which concludes that growth in LNG exports could cause U.S. energy prices to climb by as much as 30% in coming years while contributing to carbon emissions, was quickly met with pushback by energy industry officials dismissing it as a "politically motivated" appeal to environmentalists. Meanwhile, one environmental group panned the same report as "weak and half-hearted."

The study comes weeks before President-elect Donald Trump is to take office and follows on President Biden's decision in January to pause all new U.S. LNG exports t...