Oliver McPherson-Smith, Ph.D,
February 2, 2024
Biden’s misguided LNG pause follows Carter’s path to a one-term presidency
This article originally appeared in The Hill on February 2, 2024
"President Biden’s recent pause on new permits for liquified natural gas (LNG) exports is foolish policy. Unfortunately, these types of misguided export restrictions are not unprecedented. At this exact point in his presidency, Jimmy Carter similarly implemented a half-measure ban on grain exports to the Soviet Union.
Carter’s grain embargo should be an ominous warning for President Biden: Not only did it fail to achieve its objective of forcing a Soviet withdrawal from Afghanistan, but it also antagonized American agricultural communities and drove an aggressive swing toward Ronald Reagan in the 1980 election..."
Read the full op-ed in The Hill