
Energy Security Is Born On The Bayou
June 27, 2025
Need to know
- Check out TEA’s new website for the latest in energy news and opinion — sorting Common Sense from the Nonsense.
- TEA takes: Three major projects offer hope that our energy nightmare is coming to an end.
- Report details economic risk of proposed natural gas ban in Illinois.
- LNG Canada produces the first liquefied natural gas for export.
- New York to build one of the first US nuclear-power plants in a generation.
- Cheniere will invest $2.9B to expand Texas LNG plant.
- Postal Service EV fleet back on Congress’s hit list.
- The oil price spike that didn’t happen.
- Conflict in Middle East shows how much oil supply has changed.
Common Sense
HISTORIC ENERGY BILL IN LOUISIANA: The Empowerment Alliance applauds Gov. Jeff Landry and Louisiana lawmakers for being the first in the nation to codify into law a guarantee of Affordable, Reliable, and Clean energy for homes and businesses statewide. Gov. Landry’s signature on Tuesday positions the state as a powerhouse of economic growth and innovation for decades to come.
Why it matters: The bill, HB 692, represents landmark legislation that removes uncertainty from Louisiana’s energy future and guarantees cost-effective and dependable energy for generations to come. Gov. Landry said it, and a handful of other measures, collectively will “unleash Louisiana’s coastal energy production.”
TEA has long been an advocate of such legislation at the state level. Other states should follow their lead and pass similar legislation. Ohio and Tennessee passed laws previously, and neighboring Mississippi introduced a bill earlier this year, but it never got to a vote.
What it does: First, it strengthens Louisiana’s economic momentum and global competitiveness by attracting continued investment from leading corporations. In addition:
- Prioritizes domestically produced fuel sources to reduce dependence on foreign nations.
- Equips ratepayers with honest, transparent information about the real costs of energy, ensuring affordability.
- Promotes a Louisiana renaissance built on the contributions of more than 300,000 men and women working in the oil and gas sector.
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Prevents the use of infrastructure components sourced from exploitative labor practices often found in overseas manufacturing.
It will also ensure that all energy sources are reliable and contribute to the resiliency of the power grid. Furthermore, Louisiana is setting the example for all states to follow in ensuring that the energy needed to heat and cool our homes, provide for the bulk of our electricity, and power our emerging data centers is Affordable, Reliable, and Clean.
It also represents approximately $98 billion in announced or in-progress investments for data centers, LNG projects, and other energy-related initiatives in Louisiana.
We commend Gov. Landry and state lawmakers for putting their constituents first and for ensuring a bright future for the people and businesses of Louisiana. Kudos to Rep. Jacob Landry and Senate President Cameron Henry for recognizing the benefits of the bill and working diligently to steer it through both chambers to final passage.
Bottom line: With the passage of HB 692, Louisiana sets an example for the nation of how to pursue energy security by prioritizing energy sources that are affordable, reliable, AND clean. Not just one of the three.
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Nonsense
ENERGY SECURITY MORE VITAL THAN EVER: Don’t believe the media hype and extremist rhetoric stemming from the US taking out three key Iranian nuclear sites last weekend.
Oil prices are not spiking. The Strait of Hormuz will not be closed. And gas prices will not top $5.
That’s because our domestic energy supply, particularly thanks to the shale industry, keeps America’s energy secure. This benefits every American regardless of age, income level, or political affiliation.
Why it matters: An independent analysis by top gas price expert, Patrick De Haan, shows an overview of oil producers and consumers impacted by the Strait of Hormuz.
See who’s missing under Key Recipients? The good ol’ USA.
That’s the benefit of American energy dominance.
We have a century’s worth of natural gas beneath our feet. We have an additional 7 million acres of land in Alaska for oil and gas development.
Thus, we do not need to rely on natural gas and oil from the Middle East and its terrorist supporting dictators.
Consider:
- The U.S. hydraulic fracturing boom provides an economic buffer, allowing it to respond to Middle East tensions.
- U.S. oil production can quickly increase, potentially offsetting some conflict impact, but not always immediately.
- Not surprisingly, there has been renewed investor interest in U.S.-based oil-and-gas exploration stocks.
Though some of these hydraulic fracturing methods had existed for years, they were successfully applied to dense rock formations only around 2003 as technologies improved, allowing companies to unlock vast amounts of oil and gas.
Today, due to this technology, the U.S. has net exports of approximately 2.5 barrels per capita and is also the world’s largest seller of liquefied natural gas. The technology isn’t new, but improvements in the past 15 years have been transformational.
The shale boom, meanwhile, has supported a surge in overseas crude sales, allowing the country to become a net exporter of oil and refined products such as gasoline for the first time in decades.
Bottom line: American natural gas delivers Affordable, Reliable, and Clean energy that protects our environment, strengthens our security, and supports independence in peace and conflict.
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A look ahead
Nothing on the calendar for next week due to the July 4th holiday. Happy early birthday, America!
*Readers note: as next Friday is July 4th, there will be no Common Sense Energy newsletter. The next CSE will be delivered on Friday, July 11th.*
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Quote of the week
“This bill is important because it is the first in the country. Louisiana becomes the first state to codify this type of law. Where we’re going to protect and make sure that policy is enacted into law to ensure our electricity is affordable, reliable, and clean energy security for our state.”
— Louisiana Governor Jeff Landry, during a bill signing ceremony.