Energy Investing - A Natural Gas Shortage Is Looming For The U.S. - Energy Investing - InvestorVillage


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Msg  449923 of 452389  at  9/21/2022 11:36:20 PM  by

old_doodle_bugger


 In response to msg 449901 by  trustbutverify
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Re: A Natural Gas Shortage Is Looming For The U.S.

RE: "

“We appreciate that the [Joe] Biden administration has been working with European allies to expand fuel exports to Europe. A similar effort should be made for New England,” a group of governors from New England wrote in a letter to Energy Secretary Jennifer Granholm this summer, per a Financial Times report.

The governors then went on to call on the administration to make sure there was enough LNG for American consumers, essentially asking politicians to reduce LNG exports. This does not bode well for balance in the U.S. gas market."

At this point in the article, I became confused.
Do not these governors understand that there is insufficient natural gas going into the New England states because they will not allow the construction of pipelines from the near by Marcellus gas field?
Do not these governors understand that the 100 year old Jones Act essentially precludes shipping LNG by sea (in any meaningful quantity)?
Do not these governors understand that the reasons that they have found themselves in are because of decisions (or lack thereof) made by they and their predecessor?
 
You can't fix stupid .... so blame the situation on others ... maybe you can continue to fool those who voted you in office .... to continue doing so .... time to find a scape goat (I believe that they are available for rent).
 


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Replies
Msg # Subject Author Recs Date Posted
449950 Re: A Natural Gas Shortage Is Looming For The U.S. doomonyou 29 9/22/2022 6:44:12 AM
449989 Re: A Natural Gas Shortage Is Looming For The U.S. ScottMc 3 9/22/2022 9:38:25 AM




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