It is good to see at least one energy finance analyst at the Institute for Energy Economics and Financial Analysis, speaking commonsense. In an article by Clark Williams-Derry for Barron Magazine [SEE HERE], the author accurately outlines how significant U.S. Liquified Natural Gas (LNG) exports are driving up natural gas prices for American consumers.
The author accurately refutes the notion that exports do not drive-up domestic prices, by walking through the example of how natural gas prices dropped for U.S. consumers when the liquefied natural gas plant in Quintana, Texas [Freeport LNG] was temporarily shut down, blocking a portion of the export capacity. However, that facility is about to come back on-line and with increased exports from other facilities domestic U.S. prices have already doubled.
According to the U.S. Energy Information Association (IEA), U.S. storage of Liquified Natural Gas (LNG) is 12% below the five-year average (LINK). Additionally, the IEA is expecting the U.S. to export 11.7 billion cubic feet of LNG per day during the fourth quarter of 2022 — up 17% from the third quarter. The destination of that export is Europe.
Consider that 43% of U.S. households use natural gas for home heating, and power suppliers use natural gas to create electricity. With the massive 2022 exports of LNG to Europe (+17% in fourth quarter alone), that means lower domestic supplies and increased prices here in the United States for electricity and home heating. We are seeing and feeling these massive price increases right now.
Barrons – […] If you need more evidence of the impact of natural gas exports on prices, just compare supply and demand fundamentals for the year leading up to February 2020 (the last pre-pandemic month) versus the year leading up to this May (the most recent month with full federal data). Annualized production rose over the period, while domestic consumption remained roughly flat. Yet LNG exports almost doubled—a surge that tightened U.S. gas markets and doubled the price that U.S. consumers pay for the fuel.
The growth of global demand for U.S. LNG can be tied to many market forces, including the shortfalls in Europe due to Russia’s manipulation of European Union gas markets. Sustained high demand in wealthy Asian nations has contributed to export growth as well. And so has the U.S. gas industry’s dogged determination to ship its wares to the highest bidder, foreign or domestic.
Russia’s role has been particularly critical in the rise of global LNG demand. As Russia choked off gas shipments to Europe, EU buyers have turned to global LNG markets to make up the shortfall. Global LNG prices rose in response, and U.S. LNG companies ramped up output, shipping more cargoes to Europe. But Russia responded by further clamping down on gas supplies to the EU—a vicious circle that has hurt Europe’s economy even more severely than it has harmed America’s.
There’s little sign that U.S. gas prices will ease in the coming years. Freeport’s demand will be back online soon enough, and there are three other massive LNG export projects under construction, with more than a dozen of others waiting for financing.
[…] Curiously, federal regulators have consistently found that the gas export projects are in the public interest—meaning they were in the economic interest of LNG companies and gas drillers. But now, exports are creating sky-high costs for U.S. consumers, and drillers are reluctant to boost gas output lest prices fall back to earth. So, it’s high time to consider whether soaring U.S. LNG exports are actually in America’s interest—or if, instead, runaway LNG exports are fueling energy inflation and undermining the nation’s economic competitiveness. (read more)
Not only are U.S. taxpayers directly paying for the majority of costs in Ukraine, but we are also subsidizing the European Union by exporting LNG and driving up the price for energy here at home.
We the taxpayers are directly paying Ukraine, and indirectly paying Europe to maintain gas sanctions against Russia. As a result, we the taxpayers are also paying higher prices here at home. This is the reality of the current exfiltration of wealth as created by the Biden administration.
FUBAR
heads they win tails we lose
You don’t know the half of it
Be aware we’re entering a brave new world of ‘smart’ appliances
“And those load reduction programs are not just sending out texts to tell people not to turn on the lights — but they are automatic systems that will lower the air conditioning, stop the washer, and do it automatically, is that what you’re essentially talking about?”
Gunda responded, “You’re absolutely right.”
CA Energy Commission Member: Need Programs to Shut off Appliances, Turn Down AC
“We will control the horizontal …”
“We will control the vertical …”
“We can adjust the contrast …”
That’s only if you allow it connection to the internet.
While I enjoyed my Nest thermostat, when Google bought them, I replaced it with a non internet one.
My idea of a smart thermostat is one that measures the outside conditions and slowly ramps up or down up ahead of those changes automatically, at a slower RPM, controlled by a variable speed efficient motor.
Appliances and Thermostats connected to the internet are only for monitoring your use and reporting it to the Statists.
Outside Atlanta…Georgia Natural Gas…. . my expiring 12 month contract was $0.57/therm with discount and the new contract was quoted at $1.12/therm……. was able to negotiate them down to $0.89/therm with discount for 24 months…
Yeah ukraine…..my taxes are going up and my gng went up by 60%…….
f jb and the demonrats.
Constellation is much cheaper than Georgia Nat. gas- if you can get it for your region. I am in Atlanta.
Tks…..just checked…..
Constellation for my area is $0.90/therm….I did ok.
Maybe.
I could change temperature remotely. If I can do that so could Google.
You realize that obama changed our power meters to digital and they can communicate with each other. This is about the time that Petraeus warned us about digital appliances causing him to be replaced as DIA director. You won’t see any meter readers anymore so it is like a second internet right under our noses.
A second internet that adds to the EMF waves bombarding us.
It’s called the Internet of Things (IoT) and it’s the real reason for the 5G push. No human needs 5G speeds, but the AI that powers IoT does. By the way, it’s proven that hackers can take over IoT appliances and use them in DDoS attacks, so all those smart appliances become part of a web that can be manipulated by state actors or hacker groups.
One reason I’m moving to a poor country with no plans foe 5g. I’ll probably be dead in 5 years, and still free.
Where I live in NY the electric company is making everyone get “smart” meters so they have more control.
If you don’t want one and want to keep the old one, they will charge an extra $14 a month as a penalty.
My body and my wife’s….are our thermostats!!
Word of warning here. That is incorrect. Smart appliances and smart meters communicate over the power lines. Search “Power-line communication”
An internet connection is not required. But what you can do is install devices to filter out frequencies other than 50/60 Hz. I haven’t researched it, but there are probably such devices that can handle enough load to be used in your main panel, in which case you could just install one and block all communications.
We’re merely experiencing the high-tech update on “1984.” My, take is there are 3 basic types of people; those that seek to control all others, those that seek to be controlled by others, and those that seek true freedom to make their own choices in life. We are now up against the first two groups as never before.
Democrats (Marxists) believe government should control all for the “common good” as determined by government. Republicans believe in as little government control as possible and only when there is no alternative. Unfortunately Democrats messaging is relentless and very good. Republican messaging is constantly suppressed and constructed by elementary school children.
I don’t believe that the Republicans you speak of actually exist. At least not in congress.
Nope. The word your looking for is Conservative. Republicans are secret democrats.
Kindly point out one “republican” that has rolled back anything of consequence. One of my two republican senators and my one republican congressman seems to vote yea on every spending bill that comes up. And then have the audacity to send adds to my house telling me how out of control spending is. Yep, they voted for the billions going to Ukraine. And they are running unopposed in this years election.
The Silver lining to this Bastion of MALIGNANT NARCISSISM in DC of the Terminally Ancient Greek ‘Ids’, is that they shall REAP EVERLASTINGLY of Something they know absolutely NOTHING about, at this point: Pure Justice. Of their own making.
They will reap what they dished. And they’ll have no one to blame for that except themselves alone.
Retired Magistrate here: I really, really like my old appliances. Our Kenmore refrigerator is 22 years old, the GE downstairs is at least 40, the Kenmore Dryer at least 30, my Whirlpool washer (the newest appliance we have-13 years old) and my microwave probably at least 45. The microwave is so old people ask me what it is. That’s OK it works just fine. Friends of mine have new “smart” appliances and are having problems with them within months of purchase.
Our thermostat an old White Rodgers; you actually have to get out of your chair to change the setting! Wow, how old fashioned. Sometimes “old school” really is better.
Marcia,
Our LG washer and dryer reminds us often that we left trouble-free Whirlpool ones in our previous home when we sold it nearly 20 years ago.
Yep, and the new Whirlpool ones are junk too.
While advocating for conservation of materials as part of the energy picture, one side benefit of owning and maintaining old is, with parts, new or used being available, one can DIY as necessary due to their simplicity, further reducing the energy signature by reducing or eliminating the outside service matrix and its associated energy costs.
I still have and use the first microwave I bought personally, a 1984, how appropriate, Panasonic. The backup for that is a 1976, bicentennial yeah, Litton.
Everything in current use is old, with the winners being the Hobart dishwasher and Whirlpool wall oven, which were installed in the house in 1968.
As the clockworks of the dishwasher click through the cycles, I’m reminded I’ve never done a substantive repair to it, with the only repair being making a hose connector for the flexible hose that feeds water to the upper spray bar.
The newest appliance is a LP cooktop, circa 1999. It replaced the OEM 1968 electric cooktop.
Then again, old is normal for me.. Most of the equipment I made my living with, machine tools, dated from post-war to the 80’s, and the newest vehicle was 36 this year and the oldest will be 60 in a couple years. Even in the computer world, what this post gets sent to the internet on is over a decade old now. Works fine.
Even though I no longer directly use natural gas or propane, having worked in industry for decades I know how much of everything any of us use daily depends on it. Dark times.
“we’re entering a brave new world of ‘smart’ appliances”
This is an important topic Nimrodman. I worked in this field and share your caution. There is no doubt that the technologies in smart appliances, connected cars, and the internet of things have all been preempted by global capital. But like all promises of central control and depopulation through technology, they necessarily come with Achilles heels for those with malintent.
Having been part of the development of these technologies, I can say that they all have great value for energy savings, convenience, safety, health and quality of life. But, they are no longer market driven. Global capital and monopolies like Apple, Google and Samsung have driven the architectures to be cloud based, which they need not be. Even when a cloud server is optimal, there certainly is no technical reason for anyone other than the owner, to have access to the data.
For example, even the most sophisticated thermostat scenarios can be done within the thermostat itself – even basic voice recognition. More functions for automation could be done in a phone, a home server or a private cloud. Doing everything in a corporate cloud and capturing all activity and voice in the home, has nothing to with temperature and everything to do with control and surveillance.
The good news is that the constraints on the technology are artificial, and the globalists have been overpromised. There are engineers and opensource projects that understand this and are keeping alternatives alive. Remember, if it is free or dirt cheap, we pay a big price in privacy and control.
Reminds me of friends in China. The gov absolutely controls heat in the large apartment buildings. Heat is turned on just once a day for a brief period. My friends walk around in their apartment wearing outdoor wear for cold weather: ski jackets, gloves for being outside in freezing weather. This is indoors in their apartments. This seems to be headed this way. The push for battery cars, the global weather scam, leftist Dems re-defining insurrection, climate change, even the simplest biology of male/female. Voter beware of misfeasance in November.
Yes a few months back I purchased new appliances a washer and dryer and the salesman told me I can control them by my phone. My answer was no.
The Greatest Thief and Grifter of his generation.
Joseph Robbernette Biden.
A man who plagiarizes so blatantly, will have no hesitation in stealing outright or other vile acts that we have yet to discover.
The Worse is yet to come from Brandon!
His philosophy: What’s yours is mine — I say so!!
Which is a not as polite as Obama’s “You didn’t build that.”
But honestly, Brandon has always struck me as the kind of guy who would make sure if “he can’t have it, no-one can!”
Junior.
In the history of the USA.
Fixed it for ya.
He’s just the ventriloquist’s dummy…remember him? The “Light Bringer”? The one who told us long ago we would ” necessarily” be paying more for our energy?
Yeah….him.
Joe Biden; the G(r)ift that keeps on giving…or not.
I wish I would have saved it as it was not my discovery but I was recently reading some guys post on some other website. He was talking about how he likes to study WWII and one day he noticed something of interest.
It dawned on this guy that American bombing raids were focusing on energy(I think it may have been the Axis controlled oil fields of Romania) and food production. US strategy at that time was to destroy Axis energy and food production. We were in a world war.
What is U S strategy now. Destruction of energy sector and food production center. How do you Californians feel about the rolling brown outs while paying for all the illegals.
For readers who have yet to hear about this do an internet search of sabotage/fires at US food production plants. You will be shocked. They just culled several million chicken here in Ohio for bird flu. Makes me wonder was it really bird flu.
The Ice Age Farmer has covered the sabotage at the plants on his Telegram page as well as a lot of international shortages, plant closings, crop failures, etc. I would not have known that the Phillipines is experiencing a shortage of salt, white onions and sugar and the government is planning to confiscate sugar and onion stockpiles that they say are being hoarded so they can sell them to the public at lower prices if I didn’t read his page.
The Chavez- Maduro government did the same in Venezuela 10 years ago.
Pretty standard fare for any war gaming buff, cut off resources.
Food, oil and metal = everything else collapses
A person can make themselves self sufficient for their family, a society as a whole cannot.
Two US aluminum smelters closed last week because they could not afford the energy.
F, they alleged bird flu. Just like the Corona virus fiasco, We The People need to start being assertive & demanding peer review documented evidence of any claims the gov’t makes. And, if they can’t provide it BEFORE actions are taken, those actions should not be done (i.e., prohibited).
MAGA/SA!
Eh, I’m sure it’s just a coincidence
( as of late June ):
1/7/22 Damage to a poultry processing plant on Hamilton’s Mountain following an overnight fire
1/13/22 Firefighters worked for 12 hours to put a fire out at the Cargill-Nutrena plant in Lecompte, LA
1/31/22 a fertilizer plant with 600 tons of ammonium nitrate inside caught on fire on Cherry Street in Winston-Salem
2/3/22 A massive fire swept through Wisconsin River Meats in Mauston
2/3/22 At least 130 cows were killed in a fire at Percy Farm in Stowe
2/15/22 Bonanza Meat Company goes up in flames in El Paso, Texas
2/15/22 Nearly a week after the fire destroyed most of the Shearer’s Foods plant in Hermiston
2/16/22 A fire had broken at US largest soybean processing and biodiesel plant in Claypool, Indiana
2/18/22 An early morning fire tore through the milk parlor at Bess View Farm
2/19/22 Three people were injured, and one was hospitalized, after an ammonia leak at Lincoln Premium Poultry in Fremont
2/22/22 The Shearer’s Foods plant in Hermiston caught fire after a propane boiler exploded
2/28/22 A smoldering pile of sulfur quickly became a raging chemical fire at Nutrien Ag Solutions
2/28/22 A man was hurt after a fire broke out at the Shadow Brook Farm and Dutch Girl Creamery
3/4/22 294,800 chickens destroyed at farm in Stoddard, Missouri
3/4/22 644,000 chickens destroyed at egg farm in Cecil, Maryland
3/8/22 243,900 chickens destroyed at egg farm in New Castle, Delaware
3/10/22 663,400 chickens destroyed at egg farm in Cecil, MD
3/10/22 915,900 chickens destroyed at egg farm in Taylor, IA
3/14/22 The blaze at 244 Meadow Drive was discovered shortly after 5 p.m. by farm owner Wayne Hoover
3/14/22 2,750,700 chickens destroyed at egg farm in Jefferson, Wisconsin
3/16/22 A fire at a Walmart warehouse distribution center in Plainfield, Indiana has cast a large plume of smoke visible throughout Indianapolis.
3/16/22 Nestle Food Plant extensively damaged in fire and new production destroyed Jonesboro, Arkansas
3/17/22 5,347,500 chickens destroyed at egg farm in Buena Vista, Iowa
3/17/22 147,600 chickens destroyed at farm in Kent, Delaware
3/18/22 315,400 chickens destroyed at egg farm in Cecil, Maryland
3/22/22 172,000 Turkeys destroyed on farms in South Dakota
3/22/22 570,000 chickens destroyed at farm in Butler, Nebraska
3/24/22 Fire fighters from numerous towns are battling a major fire at the McCrum potato processing facility in Belfast, Maine.
3/24/22 418,500 chickens destroyed at farm in Butler, Nebraska
3/25/22 250,300 chickens destroyed at egg farm in Franklin, Iowa
3/26/22 311,000 Turkeys destroyed in Minnesota
3/27/22 126,300 Turkeys destroyed in South Dakota
3/28/22 1,460,000 chickens destroyed at egg farm in Guthrie, Iowa
3/29/22 A massive fire burned 40,000 pounds of food meant to feed people in a food desert near Maricopa
3/31/22 A structure fire caused significant damage to a large portion of key fresh onion packing facilities in south Texas
3/31/22 76,400 Turkeys destroyed in Osceola, Iowa
3/31/22 5,011,700 chickens destroyed at egg farm in Osceola, Iowa
4/6/22 281,600 chickens destroyed at farm in Wayne, North Carolina
4/9/22 76,400 Turkeys destroyed in Minnesota
4/9/22 208,900 Turkeys destroyed in Minnesota
4/12/22 89,700 chickens destroyed at farm in Wayne, North Carolina
4/12/22 1,746,900 chickens destroyed at egg farm in Dixon, Nebraska
4/12/22 259,000 chickens destroyed at farm in Minnesota
4/13/22 Fire destroys East Conway Beef & Pork Meat Market in Conway, New Hampshire
4/13/22 Plane crashes into Gem State Processing, Idaho potato and food processing plant
4/13/22 77,000 Turkeys destroyed in Minnesota
4/14/22 Taylor Farms Food Processing plant burns down Salinas, California.
4/14/22 99,600 Turkeys destroyed in Minnesota
4/15/22 1,380,500 chickens destroyed at egg farm in Lancaster, Minnesota
4/19/22 Azure Standard nation’s premier independent distributor of organic and healthy food, was destroyed by fire in Dufur, Oregon
4/19/22 339,000 Turkeys destroyed in Minnesota
4/19/22 58,000 chickens destroyed at farm in Montrose, Color
4/20/22 2,000,000 chickens destroyed at egg farm in Minnesota
4/21/22 A small plane crashed in the lot of a General Mills plant in Covington, Georgia
4/22/22 197,000 Turkeys destroyed in Minnesota
4/23/22 200,000 Turkeys destroyed in Minnesota
4/25/22 1,501,200 chickens destroyed at egg farm Cache, Utah
4/26/22 307,400 chickens destroyed at farm Lancaster Pennsylvania
4/27/22 2,118,000 chickens destroyed at farm Knox, Nebraska
4/28/22 Egg-laying facility in Iowa kills 5.3 million chickens, fires 200-plus workers
4/28/22 Allen Harim Foods processing plant killed nearly 2M chickens in Delaware
4/2822 110,700 Turkeys destroyed Barron Wisconsin
4/29/22 5 million honeybees are dead after a flight carrying the pollinator insects from California to Alaska got diverted to Georgia (New)
4/29/22 1,366,200 chickens destroyed at farm Weld Colorado
4/30/22 13,800 chickens destroyed at farm Sequoia Oklahoma
5/3/22 58,000 Turkeys destroyed Barron Wisconsin
5/3/22 118,900 Turkeys destroyed Beadle S Dakota
5/3/22 114,000 ducks destroyed at Duck farm Berks Pennsylvania
5/3/22 118,900 Turkeys destroyed Lyon Minnesota
5/7/22 20,100 Turkeys destroyed Barron Wisconsin
5/10/22 72,300 chickens destroyed at farm Lancaster Pennsylvania
5/10/22 61,000 ducks destroyed at Duck farm Berks Pennsylvania
5/10/22 35,100 Turkeys destroyed Muskegon, Michigan
5/13/22 10,500 Turkeys destroyed Barron Wisconsin
5/14/22 83,400 ducks destroyed at Duck farm Berks Pennsylvania
5/17/22 79,00 chickens destroyed at Duck farm Berks Pennsylvania
5/18/22 7,200 ducks destroyed at Duck farm Berks Pennsylvania
5/19/22 Train carrying limestone derailed Jensen Beach FL
5/21/22 57,000 Turkeys destroyed on farm in Dakota Minnesota
5/23/22 4,000 ducks destroyed at Duck farm Berks Pennsylvania
5/29/22 A Saturday night fire destroyed a poultry building at Forsman Farms in Howard Lake, Minnesota
5/31/22 3,000,000 chickens destroyed by fire at Forsman facility in Stockholm Township, Minnesota
6/2/22 30,000 ducks destroyed at Duck farm Berks Pennsylvania
6/7/22 A fire occurred Tuesday evening at the JBS meat packing plant in Green Bay, Wisconsin
6/8/22 Firefighters from Tangipahoa Fire District 1 respond to a fire at the Purina Feed Mill in Arcola, Louisiana
6/9/22 Irrigation water was canceled in California (the #1 producer of food in the US) and storage water flushed directly out to the delta.
6/12/22 Largest Pork Company in the US Shuts Down California Plant Due to High Costs
6/13/22 Fire Breaks Out at a Food Processing Plant West of Waupaca County in Wisconsin
6/14/22 Over 10,000 head of cattle have reportedly died in the recent Kansas heat wave
6/23/22 George’s Inc.: Poultry and Prepared Foods announced it will close one of its food processing plants in Campbell County, Tennessee
I seriously have to wonder how much of all of that was REALLY stolen and smuggled out and taken to their underground system, and the Fires and Explosions happened, in order to to COVER and DISGUISE the LOSSES, the Robberies, as they stockpile for themselves.
The Techniques for Processing things into a freeze-dried powder that has a 20-45 year shelf life was developed years ago to be faster than old-fashioned marketing processing and often is fresher tasting. And the New stuff has been flying off the shelves since the Process was updated so powerfully some years ago.
Yeoman’s work, Gabriel.
Thank you.
Oh no no no, it wasn’t me. See below ( Seneca the Elder ) …
I did see…but you took the time to bring it here…my thank you stands.
Thank you for this TREASURE TROVE of information. How did you ever compile this? Fantastic!
There’s a sight out there that keeps track of these stories:
https://thinkamericana.com/heres-96-examples-that-the-food-shortages-are-being-created-not-predicted/
Hoft and crew over at The Gateway Pundit ran a story on it some time back that’s how I first heard about it.
All the credit goes to “thinkamericana” for compiling the list, and TGP for giving it recognition and updating the list, all I did was make a note of it for personal reference, but here’s the original story in TGP along with an interactive map:
https://www.thegatewaypundit.com/2022/06/updated-list-us-based-food-manufacturing-plants-destroyed-biden-administration/
The west runs on irrigation water and the EPA will dole it out from DC.
The Gang Green eco-terrorists at work. Communists will never quit trying. They will eventually have to be taken out by the FBI. Good luck hoping that will ever happen. The FBI has more Communists on their payroll than any other Federal Bureaucracy. Although the IRS is busy adding as many as it can. The EPA is the group that coddles the eco-terrorists. Somehow, they are on the same side, I reckon.
while tangentially relevant your”guy” was looking to shoehorn current events into historical ones…….from the very beginning when England and then when we entered the US Strategic bombing of Germany targeted their war-making capabilities…..food and fuel were included but so was so much more like ball bearing plants in Schweinfurt…..inexplicably the great cultural center of Bonn was also bomb into rubble when it had very little strategic value…..you can make a lot of things APPEAR a pattern if you cherry pick your details….we must all be careful of this
Yes, you can find a pattern in anything if you look hard enough. That said, I’ve read that at least some of those WW2 bombings were where the allies believed the Nazis were using those locations to protect targets of military value in close proximity.
They are doing the same thing to pipelines and refineries.
America last.
Exactly! Talk about a reversal in objectives of our own government!
Last??? America never…
If Old Joe and his flunkies want to export more oil/gas cover for their failed foreign policies they need to open up our huge oil/gas reserves for production. They need to complete and build new pipelines to deliver oil/gas to the ports/refineries faster/more efficiently. Drill baby drill!!!
I’m tired of this Biden gang inspired economic death spiral.
Which banks will finance these efforts even if they open up the reserves? Fossil fuel production is against their current ESG standards and there is no guarantee the government won’t turn around and close the fields down again so it’s a risky business even without ESG.
Banks are proceeding with carbon scoring in loan underwriting. The capital will dry up for energy supply.
A mile high view of this destruction of America and the transfer of wealth from the US middle class is very evident. This was the WEF/Globalists plan starting with the stolen election in 2020. This energy bs has never been about the environment. The entire climate change scam is 100% about this current transfer of wealth. If you can’t comprehend anything else, just look at the timing and content of the Demented Fraud’s EOs his first few stolen days in office. The trillions in wealth transfer is why PDT had to go so this could occur.
Yes, I believe MOST of us are quite familiar with this mile high view that you outline so succinctly.
They TRIED to disrupt oil production in the ME, with their color revolutions, civil wars, creation and supplying weopons to ISIS.
Didn’t work, cause Trump.
And, with his work (abrams accords, etc.) he closed that door, pretty tight.
Now, they are following up on Maiden staged revolution, to try to shut down RUSSIAN oil production,…
Isn’t working.
HAVE shut down U.S. production, significantly but due to two previous failures, it isn’t really effecting Worldwide production and use, nearly as much as they had planned.
Transfer of wealth from the middle class was also the reason for the covid shutdowns of small businesses.
And the theft and fraud committed with all the relief funds.
When is somebody going to export this “Old Coot in Chief “? This current administration seems to be he)) bent on searching for every possible way to destroy our country! It’s time we demand a change of course!
Well as SD says, Congress doesn’t write legislation, it’s handed to them by corporate lobbyist.
Eastern Ukraine is where it’s natural gas supply it. Russia wants to control this area to prevent Ukraine from developing its resource and compete with Russia. US is bringing more LNG facilities on line for export production.
Keep in mind, There were laws against exporting natural gas. 2017 Trump policy allowed more LNG exports through 2050.
“Donald Trump is engineering a sharp shift in US energy policy by using natural gas exports as an instrument of trade policy, championing sales to China and other parts of Asia in an effort to create jobs and reduce US trade deficits. In an attempt to unleash US energy resources, Mr. Trump is trying to promote more liquefied natural gas exports and not just use LNG as a geopolitical weapon aimed at nations such as Russia, as was the stance of his predecessor Barack Obama.”
https://trumpwhitehouse.archives.gov/briefings-statements/financial-times-reports-president-trumps-lng-export-push/
https://oilprice.com/Energy/Natural-Gas/What-Trump-Means-For-LNG.html
https://www.statista.com/statistics/742091/united-states-lng-exports-by-importing-country/
Lowering US demand increases LNG export where companies can get twice the price. The Green Deal forces US consumers to switch to solar and wind while export LNG profitability soars.
https://www.uschamber.com/energy/u-s-natural-gas-exports-deliver-more-than-just-energy
You missed 2 big points.
Eastern Ukraine is where the Ukrainian govt was killing ethnic Russians, which is why Russia went in to liberate it. Russia is flaring NG now, they have currently no use for more.
Trump was ramping up supply at the same time as exports were increasing. Biden shut down a lot of NG production.
Not the same at all.
Indeed!
Russians were killing Ukrainians in Eastern Ukraine as well.
Biden hasn’t shut down NG wells. We are still exporting 25 billion dollars of LNG. What he did scuttling Keystone was a shot across the bow to energy investors that energy projects are not secured hence reducing supply.
Point here is reducing supply by exporting LNG drives up the price locally and world wide which makes corporate energy very happy.
Patriot2, your post made me consider that who we think are the “current administration” are a bunch of clowns put in place by the DeepState to mock us. Each new addition/replacement is more ridiculous than the last. Meanwhile, the unnamed faceless bureaucrats push the graft levers harder and harder.
You’re reading my mind. Are there actually any of those installed in the positions actually qualified for them? Starting at the top to the bottom it doesn’t appear so. What’s actually worse is the rate our senate approved them. While slow rolling Trumps selections or not allowing them at all.
Soon, both food and energy will be things that fuel NATIONALISM, its a natural, inevitable side effect of shortages.
As in “WHY are we shipping it to THEM, when our OWN people are suffering?”
Seems kinda counter-productive for the Globalists, and an easily forseeable consequence.
Never have fully bought that “its all a plan, they know EXACTLY what they are doing” narrative and I remain skeptical.
What does nationalism matter in the face of a government owned by the globalist desire to destroy the U.S.? Was not Covid enough of a demonstration that the population will acquiesce to the forceful will of dictates backed by superior weapons?
Half the population only acquiesced to “2 weeks to flatten the curve” and we’re rebellious as it dragged on. The other half likes to be controlled.
That’s what we learned.
So many sipped the coolaid and believed that they were “being kind” and “looking out for others”. Christ like. Love thy neighbor as thyself. The media, politicians and medical community were relentless in stating the harm caused to others by those who did not comply. Unless one has a background in medicine, nursing, virology, immunology, infectious disease, it was not easy to elicit the truth at the beginning of the “plandemic”. This is precisely why all of those doctors, nurses, and pharmacists still pushing the clot shot mrna, dna shots must be prosecuted for crimes against humanity. Importantly, the Center for Medicare and Medicais Services administrators and all of the hospital administrators who accepted the money to diagnose and treat c19 using NIH mis “guidance” must be prosecuted for conspiracy and crimes against humanity, also.
Every member of the FDA who has voted approval of emergency use for the clot shots must be prosecuted for crimes against humanity. And, I believe there shoukd be a 50 state strategy to sue every medical, nursing and pharmacy board, including each board member, individually, for their persecution of health professionals who used FDA approved drugs for treating c-19 infected (HCQ and Ivermectin, prednisolone). Fauci, Birx and Redfield should swing.
The other half is brainwashed. They do what they are told because they trust the government and that’s their mistake.
I didn’t give them one hour of compliance. Operation Warp Speed was a scam from the word go. It waS obvious what the endgame was to those who have paid attentIon since prior to 911.
“As in “WHY are we shipping it to THEM, when our OWN people are suffering?””
Because their plan is for more people to suffer. It’s working as planned.
Oh it has all been their Plan, but leftists have NEVER been able to corrrctly predict outcomes or consequences.
That’s because they’ve never understood basic economics principles juxtaposed against basic normal human behavior.
Too right, GB.
They said they wanted “unity”….
Well…here it comes.
I believe the globalists indulge in a lot of wishful thinking and don’t fully think thru the consequences
I mentioned this in the thread about the ominous winter is coming video from nordstream. Everyone said they can reap what they sow. And how PDJT warned them. Etc etc.
I said we are going to foot the bill and end up being the ones that get f’d by this and suffer. And here we are one week later.
Yes, they have to bring us down, or their game does not work. We ARE the target in so many ways.
For the most part, we don’t use LNG inside the continental United States. We use natural gas delivered in its gaseous state via pipelines. The gas is moved through the pipelines using compression.
LNG is natural gas that has been cooled to reach its liquid state. Liquifaction is performed to prepare this energy form for transport by sea.
However the point holds that the commodity market still uses the presumption that the supply and demand dynamic largely sets the price.
My rate is locked at $.79 per therm for the next year. Of course that’s double ($.43) what it was the prior year, but at least it’s capped.
I hate to be abrupt…. but bully for you. A microscopic view of what is wrong with our population.
Yup. I see it ll the time here. Rah rah America.. accmpanied by..,BTW..my note on my Leased Lincoln is low.. I remortgaged at a better rate..blah blah.. You are feeding that which you supposedly rail against. My fave bit of hypocrisy was the women gushing over their Wayfair purchases and how much they loved the company. Wayfair has been selling “cabinets” for 13K-25K USD with the same names as recently missing children. The cabinets look like they cost about 800 bucks.
I bet your electric company is not.
One aspect to be mindful of, in this increasingly lawless society, if one doesn’t have physical possession and it is defensible, through violence, possession, anything is possible, and likely. Contracts, whether arms-length or of adhesion, can be abrogated at any time, forcing one to resort to draining resources to enrich the corrupt legal system if wishing to ‘fight’.
Then there’s the still-existing emergency powers act that potentially suspends the COTUS; we saw how that worked, closing businesses and locking people in their homes and limiting freedom and movement.
Good deals and contracts are great. They are also only as ‘good’ as the parties who enter into them. Pretty grim out there right now and IMO into the foreseeable future. Hope for the best and plan for the rest.
If Trump was doing this, he’d be out on his ass,
because it would go against MAGA, and he would lose our confidence.
But, of course, it’s not Trump doing this.
Its FJB
And he can do whatever he wants because he’s an illegitimate
usurper. He doesn’t care about us.
He will be “mission accomplished” when he destroys
pour economy. He enjoys hurting Americans,
while he enriches his family.
Trump did do this. In 2017 he pushed for more LNG exports and removed trade barriers through 2050.
Doesn’t mean he’s bad. US is a washed in natural gas and converting it to LNG was the best way to help US energy sector.
Russia turning off natural gas to Germany. Opens markets in China and India, gives US corporations in Europe opportunities.
No. This is wrong.
Trump was removing regulations to increase supply at the same time.
Biden is shutting down supply via EOs and regulations.
A world of difference.
Yes Trump removed regulations and increased supply dropping the price which held Russians in check against shutting gas off to EU.
Biden only shut down Keystone but was the message to investors no new projects because capital is not secured. Which explains the administration’s claim no one is bidding on the 9ooo leases available.
Converting NG to LNG and exporting is a disaster for the American consumer but Exxon, Conoco and many major and minor energy companies love it. Relatively cheap NG allows Americans to heat their house, generate economic electricity and fuel industries. Sending more overseas, even though it was DJT’s preference, is bad for Americans. NG has more than doubled in cost since last December.
True…but we are awash in NG. The only reason price has doubled is Ukraine war. Most of NG exports do not go to EU.
Who would have thunk it lol? Remove this energy and other energy is used in its place. For you folks that don’t eat gluten or carbs just wait until all that do come for your food 😁
As with the covid scamdemic, Hunter’s laptop, and on and on, Biden supporters and leftist imbeciles will refuse to believe the hard facts of this exfiltration of wealth which further kneecaps the middle and lower classes.
We have very few voices to defend us… all are now being targeted for silencing.
Main Street certainly understood years ago that The Green New Deal was just a scheme to milk Main Street dry and leave it to die. That’s why Main Street did not elect Uncle Joe in 2020 and so soundly rejected him in the Red Tsunami of November 3. Unfortunately for Main Street, though, its vote was torn from its hands and is still held hostage.
I’m glad you pointed out the fallacy in that Barron Magazine article in your comment toward the end: “We, the taxpayers are….indirectly paying Europe to maintain gas sanctions against Russia.”
It is not “Russia’s manipulation of European gas markets” as the article states, but the European sanctions, pushed by the US, that are manipulating the gas market in Europe – while US corporations profit from those sanctions. At the same time, US energy consumers (both gas and electricity from gas) pay the resulting higher prices in a wealth transfer to those corporations.
This is only the latest segment of a decades-long wealth exfiltration project. Clinton’s 1999 decision to allow China WTO membership under the premise that their anti-competitive business practices would evolve over time to Western standards was a key milestone.
The US CofC’s depredations have been covered extensively up here.
“As Russia choked off gas shipments to Europe:
Yes ‘choked off ‘ lol. That’s like asking a Boston Strangler victim why she permitted herself to be choked off. The nerve of the chokee!
“Curiously, federal regulators have consistently found that the gas export projects are in the public interest”
Curiously? More like, captured federal regulators have been instructed by their transnational handlers to make their findings fit the exfiltration narrative.
We lazily misappropriate all that the CCP does as being the actions of ‘China’ or ‘the Chinese people’ . A similar phenomenom occurs here.
In fact nothing that emanates from the American UniParty remotely aligns with the interests of America or the American people.
Decades of civic dereliction in the self-governance arena have delivered Americans to a condition of profound unanswerability in their ‘leaders’ (really at this point, our masters).
The American UniParty is fast converging on the CCP model where the DNC serves as the ideological core while the Rino/RNC is a diversionary outer shell that will one day wither away when even hand-waving gestures can be dispensed with altogether, as they will under full-blown totalitarianism.
“Fascism should more appropriately be called Corporatism because it is a merger of state and corporate power”
― Benito Mussolini
Yet look who’s being called (semi) Fascists! Ultimate projection with bells on…
Great quote, Steve.
There is a second major component of the Plan that needs to be added.
“Special Financial and Export Rules and Regulations” were put in place for Hong Kong. This created a LEGAL portal for Western Businesses to actually enter into agreements with China Inc., prior to China Inc. assuming control of Hong Kong in 1997. It also created a LEGAL EXPORT PORTAL into China Inc. for US Businesses, the IP Theft claim is a myth.
After China Inc. assumed control of Hong Kong, those rules and regulations WERE LEFT IN PLACE and featured greatly in the TPP Trade pact being pushed in 2015. President Trump stopped US participation in the TPP but was not able to overcome US Uni-Party POLITICAL opposition to scuttle Special Hong Kong Economic agreements.
Add to this fact that in 1999 China Inc. was admitted to the WTO as a “developing nation” that also gives China Inc. major trade advantages and dispensations.
If this administration weren’t blocking natural gas production and trying to get rid of fossil fuels, LNG exports would be a sign of economic strength and good for our economy. Production would increase to meet foreign demand. With the kind of reserves we have, the U.S. should be an energy exporter. But with these insane policies limiting production, exports mean less for us in here the U.S. Like other publications, the quality of Barron’s has dropped in recent years but it has some decent material.
Isn’t this exactly what Donald Trump wanted to do? President Trump wanted to sell LNG to Europe and cut off reliance on Russia. If exporting LNG to Europe raises prices in the USA under the Biden Admin., It seems locical that Trump doing it would have had the same effect.
Supply. Trump was not issuing EOs and new regulations to limit the supply of NG, as FJB is doing.
Perzactly! President Trump put in place policies to make us energy independent by ample supply and storage even during times of emergencies and being able to supply to other countries in need while maintaining a fulsome supply here in the US.
The current idiots in charge did just the opposite–severely limit our own supply and production capabilities and then send what we have to other countries so everyone pays a higher price due to scarcity.
Then they follow that up with blaming ‘evil Russian manipulation’ and then complaining that the ‘evil corporate’ energy suppliers are making too much profit and are to blame for the high prices.
But I do wonder if the poster, ‘Snowmaze’, is really ignorant of all this, or is just shaping a narrative of ‘Trump did the same thing’ type of non sequitur faulty reasoning as “logical’ for an ulterior motive.
I mean no offense or slight to Snowmaze, but these days it it becoming harder to tell, even here at the TreeHouse, what the intent of a post actually is.
Thank you for that correction some people here on the site don’t clearly think things out when they comment. Trump was not controlling the supplies he was increasing the supplies and he would not short America of natural gas and then ship it to Europe.
Not really because Trump was issuing lots of permits and relaxing EPA regulations . Not the same at all .
The accomplices don’t think it is worth it anymore, but Frank the Tank is still gung ho on bad decisions.
It’s not about Ukraine.
It’s not about natural gas.
It’s about Russia/Putin leading the world off the US dollar reserve system and EU dollars and its sanction ability.
Worldwide, 1.5 billion people are for the sanctions, 4.5 billion are not.
It’s an economic war of the grandest scale in history.
As they say, be aware of your surroundings.
Russia would not have had the leverage to leave the dollar reserve plantation until the sanctions by the US and there EU handed it to him.
As for Ukraine, I think it’s only important because Zelensky is likely blackmailing Biden and the Uniparty about the corruption, sex trafficking and money laundering as well as the bio weapons labs.
The first home heating bills will have been paid by Nov. 8.
Recall how Joe on his first day in the Oval Office shut down US energy production. All of this with thanks to Joe and his band of merry Marxists and their sympathizers.
Meanwhile, the treasonous Bidenista Bolsheviks are doing the exact same thing as Europe.
They are no longer leasing Federal land for drilling, just as our Satanic overlord promised.
The most important issue we are facing today is the destruction by The Government of our energy supplies.
Everything else depends on that. They tried to kill us with CVD but that didn’t work.
So they figured they have a better shot if they turn off the power, lights and heat, then starve us to death
https://nypost.com/2022/09/10/bidens-freeze-on-oil-leases-threatens-to-bring-europes-energy-nightmare-to-us/
It is not a threat, the Communists are doing it.
So NOT Americans first.
“Consider that 43% of U.S. households use LNG for home heating, and power suppliers use LNG to create electricity. “
.
No…they don’t. LNG is NOT used for home heating. Home use natural GAS in its GASEOUS form.
It’s the same thing in different forms…it all comes from the same source.
You are correct. The LNG goes out of the US to other parts of the world.
Technically you are correct and it is a good thing to make sure everyone is fully informed and knowledgeable in the terms that are being used.
So I wholeheartedly agree with you, just as long as we don’t get too sidetracked from the main points offered for consideration by the thread.
And I’ll state that in this case, I do not think you have sidetracked us, so again, thank you.
Joe Biden – America Last. And all to protect the ‘honey pot’.
Sorry, there are critical errors in this article. Liquid Natural Gas is NOT the same as gaseous Natural Gas used for home heating. 43% use NG in its gaseous form. We citizens are not “subsidizing” anything; the interstate natural gas pipeline network is a private network, not a public utility like electricity.
Wholesale NG prices follow capitalist economic rules of supply and demand. We *can* argue about the government intervention in restricting supply through regulation, and it’s pricing impacts. To understand the pricing impacts, we need to first understand firm and non-firm supply contracts, and how that influences electric prices.
Natural gas is extracted from underground deposits, literally naturally occurring hydrocarbons as does oil (the two are often found together). Gas is trapped under layers of rock, and after drilling and fracturing the rock, the pressure forces the gas up to the surface where it can be extracted (Gas wells), the gas is sold into the wholesale market, and is transported by the pipeline system to the consumer. To move gas, it is pressurized, and pushed into the system; elsewhere it is withdrawn, and the gas moves to equalize pressure, standard gas physics. Compressor stations along the way act as control valves to regulate pressures, as the gas flows by contract volume (cubic feet, ccf) or contracted energy content (Million BTU, or MMBTU).
The pipelines were originally developed to move spare gas from the oil fields in TX and LA gulf (Henry Hub) up to the northeast US, where it could fuel gas heaters. NG has half the CO2 of coal, much lower NOx, and no sulfur vs diesel, so it is a much better fuel to burn. Large Municipalities (city gates) estimate the gas demand, schedule and purchase the gas for their areas, much like distribution companies for electricity.
It takes about 4 days for the gas to physically move that distance (TX to MA), so you need to schedule for the balance. Day-ahead forward markets provide that service, followed by a nomination process which turns into offtake guarantees. The “firm” offtake is long term contracts for heating/RCI use, compared to spot “non-firm” supply going to flexible consumers like electric power plants. Marcellus deposits in PA/WV cut the distance travelled in half, which upset the supply side, driving down prices to multi-decade lows (excess gas)
Later, tech evolved, gas could be compressed further into liquid form at much higher densities. Excess US natural gas could be sold to international markets desperate for fuel, like Africa, or even bypass the pipeline network, like the site up by Boston. It is very expensive to compress, transport, and decompress. So, you need guarantees that people want the product.
Contracts were made for firm delivery, where X ccf of fuel goes in and out of the network per day, in must-take contracts. The pipeline network uses firm contracts to plan for pipeline expansion like rail; you don’t invest the $billions in capital unless you guarantee return. Likewise, the LNG plants want firm 10-year or more contracts to take the liquids; they had a small amount of excess capacity to cover their production demands.
Enter Ukraine and the EU fuel crisis. EU needs fuel at any price, and the LNG facilities smell profit. They are willing to buy up any excess non firm NG, that would have gone to electricity production, and compress it to LNG to ship to Europe. The electric plants, who has been swimming in excess pipeline NG priced at $2/MMBTU, now compete against someone willing to pay $15. The LNG plants don’t have a lot of spare capacity, so it naturally limits exports. When one breaks like in Freeport TX, the gas that would have gone to firm export contracts is now freed up for nonfirm, which helped drop our summer electric prices a smidge.
All in all, there is a complicated dance going on behind the scenes, making sure fuel gets to where it needs to go. The public rarely sees the process, until it breaks down from supply and demand shocks.
I considered posting about LNG vs gaseous NG but decided not to bother. So Sundance is not wrong except for the one sentence saying that houses use LNG instead of leaving the leading L off, and that’s immaterial.
Because it’s all NG. LNG is just compressed NG as you point out. Therefore, exporting LNG means that more NG is being used (demand side), supply is not increasing (govt intervention) therefore prices of NG do increase.
We need to all hope for a very mild winter to minimize demand, but then they will say that’s proof of “climate change”.
And through it all the GOP will say “harrumph harrumph”
It’s all NG. Exactly. Cooling to minus 260 F just changes it from vapor to liquid. It’s still the same stuff, almost all Methane C1H4 with a little Ethane in it. They will be burning the same stuff in Germany after they re-gassify, as we burn in our houses and power plants here. Exporting more from the USA will make it more expensive here.
Probably beyond the scope of this discussion….. one liquefied gas derived from components of natural gas is used for home heating, largely in rural America where natural gas pipelines don’t reach. Liquified Petroleum Gas. That’s a pretty large market. Of course it has many other uses, the backyard BBQ being one common example.
Could our junta be in cahoots with Russia to create this gas crunch?
There are two major Global economic teams, the G7 (with the EU being a single member entity) and BRICS+OPEC.
BOTH actually attend the very same WEF University but APPLY the knowledge along different lines of economic policy. BOTH are also global cartels who WILL use the stupidity of their opponent to their advantage.
BOTH work for the DAVOS Conclave Board of Directors in Davos, Switzerland and financial master who run the Bank for International Settlements (BIS) in Basel, Switzerland.
The UN is their Executive Organization for policy, BOTH Teams hold seats within this Organization.
So there’s an “energy crisis” and we are exporting energy. Typical libtard solution.
He’s working for China, not US.
In single sentence and in the terms of the Housing Industry … The US Government and EU are regulating and forcing the creation of a “sellers market”.
i.e. Creates conditions where the seller gets to name the price because demand far outstrips the regulated supply.
This is the foundation for the wild windfall and price cap schemes being pushed. Russia is or will not be the only target for these schemes.
Joe missed ECO 101.
When demand increases, prices go up.
When supply decreases, prices go up.
Natural gas has both due to Biden policies.
Sooooo….prices are not only up but up exponentially.
Thx Joe.
It seems all the consequences of Russia’s invasion benefit the global elite. Could that have been the plan all along?
The other real perversion is that the demand driven drop in vehicular fuel costs is being used to MASK …. The rise in inflation rise in non-vehicular related fuel cost and Market/Supply Manipulation. It also MASKS the 6 to 9 month delay of past HIGH fuel costs on inflation at the point of sale for products.
Just think what happens when the governments forces vehicular fuel costs to whip back UPWARD with adoption of the 2030 no fossil fueled vehicles related legislation.
But its climate change and we gotta save the world, and ourselves, WEATHER OR NOT, Dont know what we are saving both for, BUT ITS AN EMERGENCY, REMEMBER?
Two years ago I locked in my gas at $.43 a therm which has run out. Yesterday I changed providers and got $.91 for a 116% increase. It will hurt a bit.
I can’t believe where we are…
It literally feels like, I woke up in the Twilight Zone, 2 years ago..
WTF…
F J B..
Twin it…
Maybe we can get NanXi Piglosi to tear up all the LNG export contracts just like she did to PDJT’s SOTU speech?
Make a “Big F’n Deal” deal out of it and deliver a slurred-word speech with crazy hand-motions and a clenched fists with her scraggily old hands every now and then for emphasis.
FJB!!
U.S. LNG exports get the blame for higher natural gas prices, but there are two related kickers that are compounding the problem:
(1) Because of mandatory coal plant shutdowns (because “climate change”), electricity utilities no longer have the option of switching baseload generation to coal when natural gas is relatively more expensive to coal.
(2) U.S. natural gas exports to Mexico have also increased rapidly in tandem with the growth in U.S. LNG exports in recent years. Last year, the U.S. exported 9.76 billion cubic feet per day of LNG and 8.47 Bcf/d of pipeline gas to Mexico (and also Canada).
And the third kicker will be further growth in U.S. piped gas exports to Mexico for re-export as LNG. Google Sempra and Mexico if you’re curious.
For whatever reasons, U.S. LNG exports remain controversial, but U.S. gas exports to Mexico rarely get mentioned as part of the overall natgas price equation.
In some energy generation markets some of the plants that can switch to coal or are dedicated to burn coal have been allocated more run-time over gas fired plants because it is more profitable given the insane spike in gas prices.
TAKE THAT you GND psychopaths!!
In ’73 the Arabs stuck a shiv in America’s back with the Oil Embargo. What happened? Did America capitulate and stop their support of Israel? Not a chance. We put 25 billion barrels of crude from Prudhoe Bay in our gas tanks and built the Strategic Petroleum Reserve and today our known reserves have doubled due to fracking and new discoveries .
The EU is keying up the same response against Mr.KGB. The objective facts are that more energy exists OUTSIDE of Russia than in it but transportation costs are higher.
#1 Gas field in the world is the South Pars that’s as large as all others combined in Qatar & Iran.
#4 Gas field is Hassi field in Algeria
#9 Gas field is the Gronigen field in the Netherlands
Ukraine has abundant reserves of natural gas in the Donbass region which is why Putin invaded to steal it. He could care a less about Azov’s killing Russians in the region or Nato. Vlad is a thug who wants to control energy markets. Remember Uranium One? He tried to corner that energy market too and is doing the same with Natural Gas in Ukraine.
The EU was on a energy collision course with Russia at some point regardless of Ukraine so the war allowed Vlad to push the timetable. Had the 2020 election not been stolen Trump would never have allowed America to bear the costs of the EU’s poor but inevitable crisis.
Did “oldrealist” suddenly change names???
So, why is the US Not creating more fuel??
Why are EU Nations not working to improve their fuel creation???
Minor detail but OPEC nations are supporting Russia, so how is that African Fuel help???
The US and the EU shot themselves in the foot and are reloading to shot at their own feet again.
Only NON-EU Member England appears poised to break the cycle and the other EU Members are also loosing patience with the US and Germany.
Why? Because Climate Cultists are in charge and they are not rational, or, compassionate towards their fellow citizens but make no mistake their time is short as no level of Chicken Little prognostications will prevent the next Reign of Terror that will sever their grip on the present situation when food and energy insecurity gets life threatening
Wowzers! That certainly was a quick switch up from “Vlad is a thug” to “climate cultists are in charge”, to “Chicken
dinnerLittle”, to “the next Reign of Terror”!“Why are EU Nations not working to improve their fuel creation???”
Do you read ALL the comments Cletus? Context matters
🙂
The EU appears, on the surface, more to be on a collision course with a brick wall. If not, then who or what are the forces driving the EU energy policy dichotomies?
There are clearly powers which shut down Europe’s gas, coal and nuclear, embracing Putin’s pipelines. There may now be forces pushing for a reversal, or the appearance of one. Are they different? One in the same?
The EU Parliament is unelected. Once sovereign nations now have EU puppets for leaders, accepting the dictates of the EU for all policy, regulatory and legislative decisions.
It just does not seem that the EU or individual countries are aligned in defense against Putin. It looks more like they are aligned with the WEF’s green agendas for global governance. Why would Putin not be taking full advantage?
When drug dealers (Putin) offer cheap energy (drugs) to their addicts (EU) they always choose the short term fix that will satiate their craving.
The EU has made similar colossal blunders for centuries that caused world wars, famine, and exoduses of their people. They never learn
From a distance view it would seem that contrary to the much publicized Biden “Russia is the enemy” this entire project not only strengthens Russia and China, but makes one think the whole Ukraine issue is a set up between Russia and the Biden administration.
What’s worse is that they cheated in order to place all this great leadership and skill upon us. Not exactly America first is it? They’re like the kid that cheats to get the grade, but not the education, and still gets an “F”. Pitiful.
Uh … time to take Huntington down from the shelf again. And to remember Ayn Rand (not a fan, but when you’re right you’re right): “Contradictions do not exist. Whenever you think that you are facing a contradiction, check your premises. You will find that one of them is wrong.”
Methinks a little sabotage would not be amiss…
Sierra Club is trying to ban all use of natural gas. Go figure.
Burn down their energy eating offices and send a letter saying why they had to pay .
The funny thing is that when I pointed this out during Trump’s time in office all the scum hag Trump supporters explained how it actually reduced the price of natural gas, because this specific gas was not able to be piped to other places and otherwise would not be produced or would be burned off. Now that it is a different party in office, using the same infrastructure that Trump built, it is a terrible horrible thing and it is the reason for the price increases, at least to some extent.
Odd what a single letter (R) or (D) makes in how people view the exact same events. If Trump were doing this, it is awesome and great. If Biden is doing it, it is destroying America.
Well stoner let me explain it to you real slow so you understand . Trump eased EPE regulations and approved lots of drilling leases at the same time . Prices were the lowest in years and we were energy independant . With Biden we have record high prices and supply shortages including rolling black outs and brown outs .
You can afford it America, after all it is for Ukraine a country you love so dearly. Almost as dearly as George Soros.
I disagree with your statement, “we are also subsidizing the European Union by exporting LNG and driving up the price for energy here at home.” US natural gas producers and LNG facilities are operating in a worldwide open market, supply and demand system. Supply is down because Russia has reduced production and sales to Europe, while demand is either flat or increasing. As a result, the price per BTU has increased. If American consumers wanted to pay more than the EU for the LNG, it would be sold to them. There is no subsidy.
No point in having a government if it doesn’t serve its people.
We need to start over from scratch with the Constitution and a limited Government capped at 10,000 employees that can be fired at will . All alphabet agencies get shut down .