iamwhatiseem
Diamond Member
The shortage of LNG (Liquid Natural Gas) is due to "green" policies as states are steering away from coal plants.
Of course with that, as usual with governments, there was no thought put into what effect this would have, or any plans to offset coal usage other than relying on other fossil fuels.
Also pressure is mounting within Washington as murmurs are circulating at providing additional LNG to Europe as they are experiencing the worst energy shortage since WW II. (Oh... you didn't know that? Yeah... stop watching just CNN and you might learn about something other than Mar-E-Lago) So far that pressure is not going anywhere, but with a mentally AWOL President who signs anything placed in front of him... will his handlers and those actually in power once again sacrifice Americans to pay homage to the EU?
As the European crises builds momentum, and winter sets in and their economies collapses due to plants and companies shutting their doors because they can't possibly pay heating bills... what response will America have?
Will Biden choke America's already low inventories to supply Europe with more?
Of course with that, as usual with governments, there was no thought put into what effect this would have, or any plans to offset coal usage other than relying on other fossil fuels.
Also pressure is mounting within Washington as murmurs are circulating at providing additional LNG to Europe as they are experiencing the worst energy shortage since WW II. (Oh... you didn't know that? Yeah... stop watching just CNN and you might learn about something other than Mar-E-Lago) So far that pressure is not going anywhere, but with a mentally AWOL President who signs anything placed in front of him... will his handlers and those actually in power once again sacrifice Americans to pay homage to the EU?
As the European crises builds momentum, and winter sets in and their economies collapses due to plants and companies shutting their doors because they can't possibly pay heating bills... what response will America have?
Will Biden choke America's already low inventories to supply Europe with more?
America Could Face Its Own Gas Crisis, or Worsen Europe’s
The summer heat is still lingering in the U.S., but a peek at domestic natural gas prices is a chilling reminder of the kind of price spikes that could surface during the winter.
www.wsj.com