Biden screws ng
Posted: Fri Jan 26, 2024 7:45 am
Red states are under attack by the demented one
As reported the other day:
The Biden administration on Friday announced a pause on the approval of new licenses for plants to export U.S. liquefied natural gas while it scrutinizes how the shipments affect climate change, scoring a significant win for environmental groups.
The Department of Energy will conduct a review during the pause that will look at the economic and environmental impacts of projects seeking approval to export LNG to Europe and Asia, which will will immediately impact four projects whose applications are pending before the agency.
The DoE review will take months and will be followed by a public comment period, which will take further time - likely past the November 5 election.this adds to the NG glut
I am avoiding all gassers. They lose a ton of money if you subtract cap ex and interest costs in the 2’s
As reported the other day:
The Biden administration on Friday announced a pause on the approval of new licenses for plants to export U.S. liquefied natural gas while it scrutinizes how the shipments affect climate change, scoring a significant win for environmental groups.
The Department of Energy will conduct a review during the pause that will look at the economic and environmental impacts of projects seeking approval to export LNG to Europe and Asia, which will will immediately impact four projects whose applications are pending before the agency.
The DoE review will take months and will be followed by a public comment period, which will take further time - likely past the November 5 election.this adds to the NG glut
I am avoiding all gassers. They lose a ton of money if you subtract cap ex and interest costs in the 2’s
