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Fri, Jan

New US Energy Department Chief to Call for More LNG

World Maritime

Chris Wright, President-elect Donald Trump's pick to head the U.S. Energy Department, will tell U.S. senators in his confirmation hearing on Wednesday his first priority is expanding domestic energy production including liquefied

Chris Wright, President-elect Donald Trump's pick to head the U.S. Energy Department, will tell U.S. senators in his confirmation hearing on Wednesday his first priority is expanding domestic energy production including liquefied natural gas and nuclear power.

Wright, 59, believes fossil fuels are the key to ending world poverty, which is a greater problem than climate change's "distant" threat, according to a report he wrote as CEO of oilfield services company Liberty Energy LBRT.N.

Wright supports some fossil fuel alternatives, such as small nuclear power reactors, which are not yet commercially available, and geothermal power. But he has criticized solar and wind power as insufficient.

"Previous administrations have viewed energy as a liability instead of the immense national asset that it is," Wright will tell the Senate energy committee, according to prepared remarks reviewed by Reuters.

"To compete globally, we must expand energy production, including commercial nuclear and liquefied natural gas, and cut the cost of energy."

U.S. exports of liquefied natural gas, a super-chilled exportable form of natural gas, hit a record in 2023 thanks to the shale boom. The U.S. now produces more oil and gas than any other country ever has.

Wright, is expected to win a

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