There’s some nuance in the story, but essentially the Biden administration is not approving or extending Liquified Natural Gas (LNG) export permits to nations who do not have free trade agreements (FTA’s) with the United States. This is causing expansion issues in the LNG industry as needed investment capital by the industry is negatively impacted.
The Biden administration says they are pausing the permitting while they study climate change. However, the Biden administration is also unilaterally sending LNG to Europe to support the NATO objective to hamper the Russian economy (not working).
As a consequence, the Biden administration (think Biden family) is controlling the outflow of LNG; essentially putting themselves in a position of financial influence over the LNG industry. Who is controlling whom, and why?
HOUSTON, Texas — The liquefied natural gas industry has criticized the Biden administration for pausing export permits on LNG as uncertainties arise for developers planning massive amounts of investment.
Major U.S. exporter Freeport LNG’s Chief Executive Officer Michael Smith said Wednesday in an interview on the sidelines of the CERAWeek energy conference in Houston that “you won’t get this resolved till after the presidential elections” in November.
The U.S. Department of Energy, which issues permits for LNG export projects to countries that are not part of free trade agreements, announced in January that the government will pause permits to review how the projects affect climate change, national security and the economy.
The world’s largest LNG exporter’s sudden policy announcement has rippled through Asia, the largest consumer of the gas.
On Monday, Energy Secretary Jennifer Granholm told the audience at CERAWeek that the review will be in the “rear-view mirrors” by March next year. However, the secretary’s comments have not satisfied LNG companies.
“I am encouraged by the secretary’s comments, but I think that there’s still some significant risk that the timing will slip from what she said,” Smith said, pointing to similar study done by the Obama administration more than a decade ago, which led to a lengthier permitting process.
The LNG industry has complained that the uncertainty will make it difficult for developers to invest in the projects. Furthermore, while the U.S. has increased LNG exports to allies in Europe and Asia following the Russian invasion of Ukraine, Japan and Europe have raised concerns that the pause could potentially lead to supply shortages. (more)
Read between the lines, they never stopped….
Utterly reprehensible.
Ordering another asteroid right away . . .
I’m so tired of being on the wrong team.
More like I’m so tired the right team is losing but I hear you loud and clear Miya
We are on the right team (We The People). The referees (gubmint) are corrupt.
Definitely
accurately stated.
Burisma is a bidens Ukraine natural gas company
It’s also interesting that the Energy Secretary looks like an 80s porn star. An appropriate politician to f6&k the American people
Jenny the Canuck was a contestant on The Dating Game many years ago.
who is that in the last photo?
Jennifer Granholm, Secretary of Destroying Energy.
Ah, a head of an subagency under the Ministry of Plenty (Miniplenty).
Reports are saying that the LNG rations have been increased.
And, it’s an agency that has a large cache of munitions.
And why would the dept of energy need a large cache of weapons? Oh, to threaten and kill the dissenting peasants.
To guard the empty SPR, dept energy wants to keep it empty.
Dept. of Energy is responsible for building and maintaining all US nuclear weapons and running weapons labs. They have their own SWAT teams, armored vehicles, aircraft and battalions of armed guards. (And they have a corrupt communist as Secretary)
Jennifer Lysenko Maquis!
Thanks for the education.
Cheers!
Lysenkoism:
Trofim Lysenko. His horrific ideas about agriculture and biology, derived mostly from crackpot Marxist Socialist and Soviet Theory, led to the starvation and deaths of tens of millions of people in the Soviet Union and Communist China. Opposing or challenging his ideas was a one-way ticket to cancellation, reeducation, or destruction. Lysenkoism, therefore, is the enforced application of an ideological lens that distorts science, and thanks to Woke Marxism and the “Sustainability” agenda, we’re facing our own looming (and unfolding) Lysenkoist catastrophe right now throughout Western nations.
Murdered tens of millions.
And they are saying to Stalin and Hitler “Hold our beer, and we’ll show you BILLIONS Slaughtered, starved or eliminated,..they have actually ANNOUNCED it.
It was critical race theory before critical race theory was cool.
“Growing Germs to Enable Genocide Jabs is a Kind of Agriculture, Too! Here at Biden Bio-Labs, We Call it “Pharming”!”
Kind of like Global Warming, aka Climate Change?
And while they made temporary concessions in europe to “farmers demands” (that theyvwill probably reneg on) they are continueing to erode farmland in the U.S. in a variety of ways, from this prohibition on “forever chemicals” at infintesimally small “levels” to zoning, to just buying up farmland.
If Lysenko had an American-born son he would look just like Anthony Fauci.
Trust the science………….
Didn’t he retire?
Born in Vancouver.
UC Berkeley, Harvard Law.
Elected as Michigan’s AG, then Governor. Now Secretary of Energy. None of this is natural.
I know Vancouver well, and we live in what would be called “ Greater Vancouver “
The U.S. and Canadian governments are “ joined at the hip” and something like 80% of our trade is with the U.S.
However until the election of President Trump, few of us realized just how many of American politicians and persons in your government were our leftists, or were “ educated” or born in Canada.
Yikes!
Hopefully the Tories will crush the Liberals and finally toss Premier Blackface.
Respectfully, you just don’t really get it.
Poliver is Canadas Matt Gaetz, full of sound and fury, signifying nothing.
At least England has Farage and his fledgling Make England Great Again party, Canada is still deluded into thinking if only the Republicants get control they can turn it around.
Wake up.
Poliver at least seems a better choice then Trudeau; gotta start somewhere…
Add to that, she is an avid inside trader.
Communists are usually greedy and obsessed with money and power.
Thanks.
Canadian.
Who laughed gleefully, on camera at the prospect of $7.00/ gal gasoline.
Ask anyone in MI they know the low life from Cananda.
Granholm did a lot of damage economically to Michigan when she was Governor, now her worthless abilities are serving a purpose for the Biden crime family.
Please explain.
“Smith said, pointing to similar study done by the Obama administration more than a decade ago, which led to a lengthier permitting process.”
Climate change = money exchange = population control
Ironic that the excuse is a “free market membership” If there was such a thing as a free market then membership would not be required…….Yes?.
Ironic that once again politicians grift while the economy is stifled by introducing uncertainty.
Wall St loves volatility. The more volatility up and down the more money they can grift. The stock market has become a rigged casino.
I would love to boot his skinny azz all the way back to Kenya.
True Monti my friend. Spice is Petroleum. Tesla has been suppressed because he figured out that God had provided Free Energy that would not destroy his creation, Nature. Free, abundant, & clean “Spice” would be anathema to those seeking control,profit, and destruction of God’s Nature.
“Is nature a gigantic cat? If so, who strokes its back? It can only be God” Nikola Tesla
“The U.S. Department of Energy, which issues permits for LNG export projects to countries that are not part of free trade agreements, announced in January that the government will pause permits to review how the projects affect climate change, national security and the economy.”
What a BS excuse. As if the gas burns differently in countries with free trade agreements not affecting their climate religion.
Meanwhile, Congress fiddles….
Im not following you all the way SD. I get that Ukraine is all about trying to get the EU off the Russian LNG. How are the Bidens going benefit?
“As a consequence, the Biden administration (think Biden family) is controlling the outflow of LNG; essentially putting themselves in a position of financial influence over the LNG industry. ”
~SD
Seems fairly straightforward to me.
If one didn’t know better, one might suspect the “Biden family” is grabbing all the cash they can (pay to play), before the final curtain falls on FJB’s encore performance, and they are left to fend for themselves.
‘Nice LNG outflow you got there…I’d be a shame if something happened to it.’
Some people might come to the conclusion that Biden is funding attacks on Russian oil and gas refineries with our Taxpayers dollar, to increase the price of Crude and Gasoline worldwide….. which also happen to be the equity investments and comex longs the Democrat commies invested in when Biden stole the WH and attacked our Energy supplies causing prices to double overnight.
Is it any wonder that Warren Buffet bought up enough shares a few years ago in Occidental Petroleum while it was cheap to gain personal control of the company? 👀
Just like when he bought up shares in that railroad company to transit oil out of Canada to refineries in Texas right before Biden shut down Keystone putting workers out of work and increasing transportation costs? 👀
🤔
Buffett owns Northern Natural Gas. In fact he overseas 18% of natural gas transmission and production.
Enron owned. 16,500 miles of pipe.
One way would be investing – puts or calls – betting how the market will react. Buy / sell before the major government action.
Yes. Remember last week Texas dumped Blackrock due to its negative financial influence on oil & gas. At the same time Sundance reminded us that Blackrock had staff in Biden’s White House as well as his reelection campaign. These big guys pull strings on global markets.
It’s straightup pay-to-play. The Uniparty wants its cut.
Let’s not forget about John Kerry’s replacement, John Podesta, and his slimy brother Tony.
More gift- more corruption.
https://am1280thepatriot.com/news/national/article_ab2fa354-e313-11ee-a994-c3705f0e5c56
https://www.thecentersquare.com/texas/article_201328e2-e0aa-11ee-8582-33f743391274.html
The John Podesta emails.
You just can’t kill these cockroaches. Vile, germ-shedding human trash.
Jesus forgive me, for hating these people so much!
Hating wickedness, and those committed to it, does not require The Lord’s forgiveness.
I don’t think you’ll have any problems there.
With GOD, no. With the new Natl. Red Letter Law process, probably yes.
Percieved as an assault on 2A, its actually an attack on 1A; as it encourages/mandates self-censorship, both for the individual posting comments, and for the website host.
And hence “HATE” becomes “Love” and any time I type a double ‘l’, my new autocorrect converts it to double “s”.
You are allowed to hate evil. In fact, you are commanded to do so.
“And they blessed Rebekah, and said unto her, Thou art our sister; be thou the mother of thousands of millions, and let thy seed possess the gate of those that hate them.” Gen 24:60
You that love the LORD, hate evil. Psa 97:10
The fear of the LORD is to hate evil. Proverbs 8:13
The list goes on…
Hate the evil, love the good.
Trust God. Fear not.
https://www.bloomberg.com/news/articles/2022-04-13/oil-tycoon-s-well-timed-ipo-boosts-his-fortune-by-1-2-billion
“Extortion” by Peter Schweizer explains the tactic of ‘milking’. Pay me because you need me. In this case, it could be Biden saying…
The length of time of the review (export stoppage) is directly in proportion to how much money you guys pay me. A quick high payment = a shorter review time.
Alternatively, the BlackRock Donilon’s may be onto something.
Wow, SD can figure out this incestuous relationship but crickets are chirping in congress. Congress and the senate seem as useless as our police in big cities now.
Correct most in congress/senate are not interested in making our lives better or safer. And Law enforcement is relative to local government/state legislature regulations. Then you have DAs who only prosecute the high profile cases. Judges who rule with emotion instead of law. Frequently it’s a revolving door for criminals (catch and release). Usually good law enforcement personal will leave big cities for municipalities who want their laws enforced.
Oh, if only they in the Capital were merely “useless” it would be a refreshing improvement.
Thats why me, MB and some others have been rooting for “Empty chair” for Speaker; because then the Congress, BOTH Houses would be rendered impotent, and unable to do any harm.
Its a back door way to shut down the Giverment, and so of coarse will never happen,…but hey a guy can still dream,…
Circles within circles, all of them intended to perpetuate the System, and perpetuate the grift that will never be removed, the pervasive rot is too extensive. Until He Returns and cleans house.
I can’t tell you how much that pic of FJB and his rotten son disturbs me.
There is something evil and gross about it.
Two devils from hell.
Intertwined, too.
Looks like the kiss of Death.
Il bacio della morte.
The picture is meant to taunt us. Propaganda is not always words.
That picture of them hugging is creepy. Is the Big Guy sniffing junior’s hair?
So, just to clarify this for my own edification, the government is using the permitting process to control the means of production in the LNG industry.
Wouldn’t that make the government Fascist?
Thats what I thought.
Much like the “approved” but increasingly restricted/regulated and made to be more expensive oil drilling permits under O Biden? IOW by the O Biden admin – look we gave you all these permits, aren’t you using them? Public face, while behind the scenes they make it harder to drill.
https://www.eenews.net/articles/biden-unveils-aggressive-rules-for-public-land-oil-drilling/
Stop complying. We need real leaders who can rally our communities and start mass non-compliance, otherwise we are going to face food and energy shortages. This is serious and no one in authority pays attention. Americans tend to be reactionary instead of proactive. “My kids are starving and we have no heat. What should we do?”
Creating the crises, in order to generate the public demand for the “solution” that is actually the policy they want to implement in the first place.
Its how they got the Patriot act installed, and the FBI, DEA, and FDA amongst others.
Hence the lawsuit filed Thursday by 16 states:
“On Thursday, 16 states, including Texas, filed a suit against the pause, arguing that the federal government lacks the authority to broadly deny those permits.” Clipped from the article above.
Compare and contrast: Trump’s negotiation with other countries, and Biden’s method.
One more grift in case the spigot is shut off after November.
“Furthermore, while the U.S. has increased LNG exports to allies in Europe and Asia following the
Biden/Nuland Terror Bombing of the NordStream PipelineRussian invasion of Ukraine …”Sounds like BlackRock told Joe to force these countries to sign zee papuz, pleez.
“Who is controlling whom, and why?”
———–
ANSWER: The Biden Crime Family, Junta, and other treasonous Deep State & Oligarchic enablers of the Leftist Death Cult & Psychopathocracy — including all those Swamp Rat R’s in the UniParty — who’ve sold their souls, and more disgracefully sold out their nation and their progeny’s future, for 30 pieces of Digital Yuan.
According to Sun Tzu: the supreme art of war is to subdue the enemy without fighting. This can be achieved through intelligence or intimidation, without destruction, cities seized, or bloodshed.
See Peter Schweizer’s latest book “Blood Money: Why the Powerful Turn a Blind Eye While China Kills Americans.”
As long as killing Americans is profitable the cabal will continue doing it.
Maybe this will persuade the affected countries to get out there and repair that NordStream pipeline! Then, place a permanent guard patrol over it. American gas costs several times as much, must be delivered by ship, and is now being held hostage.
Actually, there is still a functioning pipeline, IIRC. Putin said so, in his interview with TC, but the EU countries are not using it, cause sanctions.
In other words, if you haven’t given either Hunter or Jim Biden your bribe yet, you’re not going to get your export license.
‘I am sitting here with my father and we would like to understand why the commitment made has not been fulfilled.’ Hunter wrote in 2017 according to testimony released by the GOP.
Hunter then said, according to the testimony: ‘Tell the director that I would like to resolve this now before it gets out of hand, and now means tonight.
And, Z, if I get a call or text from anyone involved in this other than you, Zhang, or the chairman, I will make certain that between the man sitting next to me and every person he knows and my ability to forever hold a grudge that you will regret not following my direction. I am sitting here waiting for the call with my father,’ he added.”
https://www.dailymail.co.uk/news/article-12224355/I-sitting-father-Hunter-Bidens-WhatsApp-Chinese-associate.html
Not to be forgotten, this was in reference to an LNG deal:
Under the terms of the arrangement, Hunter’s firm, Owasco PC, would source strategic sector deals exclusively on behalf of his Chinese business partners. Subpoenaed bank records recently released by the House Committee on Oversight and Accountability revealed that Owasco PC made direct monthly payments to Joe Biden.
https://aflegal.org/america-first-legal-expands-biden-family-influence-peddling-investigation-into-natural-gas-deals-for-china-in-the-state-of-louisiana/
Here is the Biden/BlackRock plan.
As a result of the Ukrainian energy control plan falling apart at the seems, the same Blackrock/JPM actors need to find another way to control market share in the LNG market. Since they never pay full price for anything, they’ll just have their O’Biden regime lackeys collapse the value of the US LNG industry; so that as domestic LNG CAPEX free falls, and the industry approaches insolvency, BR/JPM can buy up controlling interest at Pennie’s on the dollar. As a significant side benefit, the export ban places significant downward pressure on energy cost ahead of elections.
Can we expect higher oil/gas prices at the pump (as per normal [but inexplicable} during summer months ) ; followed by artificial reductions about Jul/Aug through the fall? Seems like we’ve seen this before?
Seems like a reasonable assumption to me.
These Obama Leftist children running the country are disgusting.
The Natural Gas issue lines up with Mike Benz story about Ukraine and Natural Gas and the Russia Ukraine War, too.
There are many tails to this action. Yuge capital investment is in place, and local governments are also affected. Dementia Joe doesn’t know what he’s signing, but it may turn out to be his death warrant, political or otherwise. Export controls with teeth always draw a backlash. The Uniparty is overreaching here. McConnell would not have made such a crude, overt move. I sense some panic here. They are running against a clock.
I have read that central to this is the involvement of Biden’s spawn, Hunter, who is directly involved in “negotiations”, the untouchable offspring, a decayed chip off the corrupt, morally rancid old block.
That picture above, of all those we’ve ever seen, is THE one which makes me want to vomit.
Betting the Biden pockets will bulge even further.
Me thinks these dictates come through the globalist oligarchs and their multinational influencers.
Jenn in her man suit = one of the Big Guys. Talk about a diversity hire. WTF is it?
Another way to look at it via the Texas cartel. Mike Benz has some good commentary about the control of LNG supply:
https://threadreaderapp.com/thread/1695212022609203706.html
Studying climate change?The science is all ready in, Jack.
They’ve shown us who they are and they’re rubbin it in our faces. I hope there is another spike in energy prices here tomorrow….again because not enough people have woken up to the occupants who stole this country
think its already here.gas herein my town went up .30 cents over night.
“Wait, wait! We’re supposed to be making all the money from these exports, not those neo-fascist states that voted Trump! Hold those permits until we figure out how to redirect the profits to our bank accounts.” – Biden Crime Consortium
I loathe this government. Top to bottom, R and D. That is all.
Through bribery of our politicians, China now owns the US petro assets, period, full stop.
Warren Buffet
Vote harder next time.
As I recall, it was Jennifer Graholm who urged, demanded that that the military move to “electric tanks.”
Such brilliance boggles the mind. Former governor of Michigan of all places – which at one point was the heart of the automotive industry. Michigan gives us Granholm. In a way it sums up the dire circumstance in which we find ourselves.
Her boss works for Chyna.
IMO She’s paving the way for their EVs to be sold in the US.
Just a SWAG, but could all of this unpredictability, Letitia James and now this, et al, be a precursor to trying to nationalize industry? Certainly an inducement to get investors to throw up their hands and go elsewhere, when we find where elsewhere is.
Reporting to you all from the top natural gas hub in the US, the Ohio Valley. The drilling here has slowed to a trickle. Friends who heat their homes with electricity tell me their electric bills have skyrocketed despite the fact that some new natural gas fired power plants have come online. The royalties paid to the landowners are down significantly. The royalties from the conventional wells on my property, (which wasn’t a lot but helpful), have literally been cut in half. The transfer of wealth from the common folk to the so called “Ruling class elite” has now taken place.
Every honest citizen of Ohio Valley needs to demand a town hall hearing regarding your current situation.
That’s part of their thing: they demand you give up all oil, LNG, natural gas, etc and use electricity. Then they raise the electricity costs while at the same time, the electric grids are crashing due to not being able to handle the rise in use.
Brown outs, rolling black outs, especially in times of extreme heat and/or extreme cold… they do not care about you or your family’s member having a need for round the clock O2 use via nasal canula (due to any number of reasons, including surgical removal of a lung for lung cancer, or your spouse who relies on a CPAP machine to assist in breathing during sleep,,,,
That’s the core competency of commie Democrats: creating uncertainty and lawsuits—and destruction.
Hmmmm, the government controlling the means of production (leases) and the means of distribution (trade agreements) sounds a lot like communism. The only aspect missing is the outright ownership by the government of the gas companies….or is it? I would say that’s where Blackrock and Vangaurd come in.
^^^^^^^^^^^
Corporatism (Facism)
Add Warren Buffet to your list (BANF & Occidental Petroleum)
Fjb
In a free country, should export permits even be a thing? Just wondering.
To which free country are you referrng?
Why is “Europe” [the collection of countries ruled by an Unelected mess] still doing US policy’s bidding in Ukraine after this? They must be really c*cked.
https://www.trade.gov/us-free-trade-agreement-partner-countries
Ruh-oh. No Germany in the list. Germany has mostly been considered as the little engine that kept Europe’s spending spree chugging along.
I suppose the US people’s in charge wants to have some more of Germany’s industrial base moving out as US LNG was allegedly put in place as a backstop for the blown up Nordstream pipeline. (Which was done by Ukrainian bell divers during an unfortunate smelting accident, everybody knows /s On another note, I have a wonderful bridge to sell you, contact for details.)
Close with a note for Europe:
“To be an enemy of the US is dangerous, but to be a friend is fatal” – Henry Kissenger
It also helps China to become the worlds supplier of energy.
Batteries, EVs, solar panels, heaters, etc. basically China makes it all.
Interesting take from Sierra Club’s Ben Jealous…
The Biden-Harris Administration’s LNG Decision Is the Hope Young People Have Been Waiting For
By Ben Jealous
https://sandersinstitute.org/the-biden-harris-administrations-lng-decision-is-the-hope-young-people-have-been-waiting-for?src=359
…. “This move was perhaps the boldest rebuke ever from a US president against the oil and gas industry. President Biden, Vice President Harris, and Secretary of Energy Granholm—whose support for the move was especially crucial—did the right thing. Millions of us are celebrating along with James Hiatt, who says, “I’m thankful for this pause in granting gas export licenses; the DOE has finally heard the wake-up call. The gas industry was planning to inundate my hometown with LNG terminals.”
… “All of this is critically important. But so is Hiatt’s point about the “finally heard wake-up call.”
… “Pausing the LNG boom will keep global energy markets more stable. It will help move economies and electric grids toward using less expensive and more resilient renewable energy sources. It will keep 681 coal plants’ worth—or 548 million gasoline-powered cars’ worth—of planet-warming greenhouse gases out of our atmosphere each year.”
… “That is why, aside from the emissions numbers, aside from the economic and energy security benefits, the Biden-Harris administration’s LNG decision is a win for hope. And hope is a powerful thing. In his statement about the decision, President Biden said, “We will heed the calls of young people and frontline communities who are using their voices to demand action from those with the power to act.”
… ‘This LNG decision is a momentum builder. And a clarion call for even more organized action on the climate crisis—especially from young people.’
Also very interesting….
Federal Energy Regulators Must Prioritize Environmental Justice in Confronting the Climate Crisis
https://www.usnews.com/opinion/articles/2023-06-12/federal-energy-regulators-must-prioritize-environmental-justice-in-confronting-the-climate-crisis
By Ben Jealous – June 12, 2023
FTA –
“When it comes to confronting the climate crisis and fighting for environmental justice, we have to address a legion of challenges. Some of our most pressing fights are being decided by the Federal Energy Regulatory Commission, the government’s energy regulator.
The agency that oversees energy policy must focus on projects that do not exacerbate environmental inequities.
Despite being relatively unknown to the public, FERC holds great power. It is an independent agency within the U.S. Department of Energy, with commissioners appointed by the president and confirmed by the Senate. The agency’s decisions can determine whether wholesale electricity rates are fair and reasonable, whether our lights stay on during extreme weather events or whether you have to give up your land to accommodate construction of an interstate gas pipeline or energy project. Critically, the agency can also play a vital role in efforts to clean up the energy sector, lower greenhouse gas emissions and tackle the climate crisis.”…
Am I wrong, or does there appear to be some coordination?
The Texas ‘Cowboy’ cartel trying to control supply of LNG. Mike Benz via Peter Dale Scott:
https://threadreaderapp.com/thread/1695212022609203706.html
He’s doing it not to cripple the industry but to exact their “fair share” to the uniparty in power’s re-election coffers.
Hate to say it, but every time I see that photo of those two perverse men embracing I gag.
Knowing they do whatever ungodly sexual acts with whoever they can get their hands on, that photo causes my mind to go to very bad and dark places very quickly.
I never stay around and look, but instead grieve over the depravity those lost in sin celebrate.
I was raised 3,500 feet above the Anadarko Basin. By training fresh water economist. (raised on artesian well water)
Since the biden Dynasty began, exports of LNG have helped keep GNP figures from showing negative.
The Dept of Energy needs to be reigned in. The same with the EPA. The USSC ruled that the EPA has no power to make laws, yet they continue to promote bans on “fossil fuel” energy, such as gas stoves, ICE vehicles. None of which, although in tandem with the LEFTIST “policies,” was ever approved by Congress.
Why has nobody stood up to these fascists?
“Biden Blocks Liquified Natural Gas Exports for Countries Without Free Trade Agreements…….”
Why?…………Because energy prices aren’t high enough already?………