# Summary of S. 4735
This bill amends the Natural Gas Act to establish new criteria for the Federal Energy Regulatory Commission when reviewing proposals to import or export natural gas. The legislation requires the Commission to consider whether such imports or exports are in the public interest by evaluating three key factors: whether they would increase natural gas prices for American households or businesses, whether they would increase greenhouse gas emissions (including all direct and indirect emissions throughout the supply chain), and whether they would supply energy to countries of concern like Russia, China, North Korea, and Iran. The Commission must complete new regulations implementing these criteria within 30 days of the bill's enactment. The bill essentially gives regulators authority to deny natural gas export permits if they determine the exports would harm American consumers through higher prices or contribute to climate change, while also blocking energy exports to geopolitical adversaries.
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