President Donald Trump has lifted a moratorium on new US licenses to export liquefied natural gas, making good on a campaign pledge to rescind the measure enacted by his predecessor. Most Read from Bl

President Donald Trump issued an order on Monday for the U.S. to resume processing export permit applications for new liquefied natural gas (LNG) projects, part of an effort to raise U.S. energy output and dismantle his predecessor's climate policies.

Donald Trump ended the pause on liquefied natural gas export permit approvals implemented by the Biden Energy Department, which the industry hated.

The move came in an executive order directed at energy and ordered the Energy Department to resume reviewing applications for new permits. The pause began last January when then-President Joe Biden ordered his administration to study the climate, economic and social security implications of increasing LNG exports.

Three companies developing liquefied natural gas (LNG) projects in Texas and Louisiana said they will move full speed ahead with their plans after U.S. President Donald Trump lifted the previous administration's freeze on export permits.

The Republican's executive order, which was expected, effectively reverses a pause on permits for new projects that former President Joe Biden put in place in early 2024

U.S. natural gas futures finished lower Tuesday as traders looked past the current cold temperatures across much of the U.S. to forecasts for a warmup in early February. "Longer term temperature forecasts are warming substantially,