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Started By
Message
re: Biden Freezes New Gulf Coast Natural Gas Terminals, Says it will Lower Prices for US
Posted on 2/1/24 at 12:13 pm to tigerpimpbot
Posted on 2/1/24 at 12:13 pm to tigerpimpbot
quote:
They can call it whatever they want, but this is why Biden is doing this.
Bingo. He can't stop the blockade at the border.
Texas has a right to defend it's border by virtue of Joe refusing to do it.
Plus Joe can't federalize The Guard to break US Immigration Laws, that would be an unlawful order and Brandon knows the optics of his own people, along with US Troops, openly following the US Constitution instead of his wishes would be career suicide.
0
Posted on 2/1/24 at 12:15 pm to Septiger
quote:
Whatever this administration says , believe the opposite.
Whatever the government says, do the opposite
Posted on 2/1/24 at 12:17 pm to John Coctostan
quote:It's possible to imagine that scenario, but the level of undrilled gas is truly epic (I would say as opposed to oil). And in times like these ("low prices") the tech always seems to grind better and better. I'm routinely agape at what's possible now that wasn't just 3-4 years ago. Long story short, I don't really expect gas production to be materially shut in.
Maybe in the near term. But this will have the opposite effect over time as many of the gas wells are planned in anticipation of the new LNG terminals. Take those out of the equation and production will drop off due to lack of investment in new production.
In any event, this "freeze" is pretty far in the future. If Trump wins (or even if Biden stays) this could all be quickly reversed.
Posted on 2/1/24 at 9:34 pm to Big Scrub TX
quote:
Less supply always lowers prices. It's higher supply, you dolts.
The joke.
Your head.
Posted on 2/1/24 at 10:00 pm to RFK
Biden and his eco-Marxist string pulling hens are idiots.
Posted on 2/1/24 at 10:02 pm to Motownsix
quote:
This is a really dumb move by Biden and I don’t understand what he thinks this will accomplish
It’s hurts the right people.
Posted on 2/1/24 at 10:04 pm to mauser
quote:
My gut feeling tells me this punishment for our resistance to his illegal alien invasion.
The fact that it’s in Red America is reason enough for them.
Posted on 2/1/24 at 10:08 pm to RFK
This was done to punish Texas for covering the border. The environmental bullshite is a smokescreen.
Of course this would help the Russians which Potatus claims he is isolating. This tells you all you need to know about this petty bastard and his handlers.
Of course this would help the Russians which Potatus claims he is isolating. This tells you all you need to know about this petty bastard and his handlers.
Posted on 2/1/24 at 10:09 pm to Lynxrufus2012
If it's coming out of D.C. then the polar opposite is closer to the truth.
Posted on 2/1/24 at 10:16 pm to RFK
Could it be he means that by reducing supply of gas, consumption would also be reduced, stymieing the continued rise in summer temps by reducing greenhouse gas emissions, and thereby holding prices of cooling homes in check for consumers?
I know it looks convoluted at first blush, but there has to be a logical explanation for lower prices for Americans.
I know it looks convoluted at first blush, but there has to be a logical explanation for lower prices for Americans.
Posted on 2/2/24 at 2:06 am to RFK
When did the President of the US obtain so much power that allows them to exercise this much control? Did our founding fathers really intend for the President to hold this much power and control? The Federal Government seems to be out of fricking control.
It doesn’t seem right. Maybe I’m just ignorant.
It doesn’t seem right. Maybe I’m just ignorant.
Posted on 2/2/24 at 7:45 am to tarzana
quote:
stymieing the continued rise in summer temps by reducing greenhouse gas emissions
How do you think the earth is going to tell the difference between natural gas produced in the US and that which is produced in Russia?
Posted on 2/2/24 at 7:55 am to RFK
Destroying the markets for NG will not make NG cheaper. The Dems are destroying the whole Private sector economy in order to "fundamentally change" it to a pseudo-Socialist model. Employing the Cloward-Piven strategy of "engineered collapse". This Forum knows this, and realizes that it can't be stopped, given the open Border and the tens of millions of 'Socialists/Marxists' that here and are not going back. Throw in the Islamist religious fanatics and anarchy via a mauled Infrastructure (highly vulnerable Grid at the fore) is a fait accompli. Just a matter of how it all shakes out in the collapse scenario.
Posted on 2/2/24 at 8:04 am to thebigmuffaletta
quote:
No one ever accused Democrats of understanding economics
They understand. I’m sure you don’t need me to tell you, but they are locking down their Green base. They know we need those LNG terminals, and if they win the election they will lift this ban. Their foreign policy depends on being able to supply Europe with LNG so that they can afford to buck Russia.
I’d bet my bottom dollar that Venture Global, Dominion, and the other LNG producers, have been given a wink and a nudge as have the French and Germans.
Posted on 2/2/24 at 8:39 am to RFK
quote:
This week Biden froze these building approvals, citing their contribution to climate change, but also that lower exports will somehow drop prices for US consumers of LNG.
Never underestimate the power of the energy producers to do things to drive the price up.
Back when Biden took office oil was $30-$40 a barrel and producers and royalty holders were taking a bath. Great for consumers! Meanwhile Biden puts all kind of stops on oil prod, Leases, imports, etc and the price rose to $80-$100 a barrel. At the same time Biden is claiming all kind of Green progress. In the background the energy producers are pocketing a whole lot of cash and getting control of the supply chain.
Rest assured Biden has no idea this is what is happening but is being manipulated by his backers and handlers into what they want
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