- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Chinese put tariffs on LNG
Posted on 8/6/18 at 8:09 am to I B Freeman
Posted on 8/6/18 at 8:09 am to I B Freeman
Who knew China had a burgeoning LNG industry?
If they don't, this is possibly the dumbest thing a country could do.
If they don't, this is possibly the dumbest thing a country could do.
Posted on 8/6/18 at 8:21 am to udtiger
quote:
If they don't, this is possibly the dumbest thing a country could do.
Yeah, it will just increase their energy cost, but those Chinese industries will be subsidized further on the back end. So the net effect will be zero.
The overarching factor in the LNG market is energy demand which is the overall global economy. In this situation tariffs might price the U.S. out of competition from other counties like Australia or Qatar. However the market is growing as more LNG terminals are being built so the U.S. producers will easily find other markets.
And ironically if U.S. producers have trouble finding other markets besides China, that means cheaper natural gas prices for U.S. consumers.
Popular
Back to top
Follow TigerDroppings for LSU Football News