Ed just a reminder a judge blocked Biden's LNG freeze pretty early on. To continue the freeze it would have had to play out in the courts first.
If you check out some of the videos posted by Matt Randolph, he is pretty outspoken that LNG is increasing the price of domestic natural gas. The Henry Hub commodity price has been hovering around $4 decatherm even though the winter peak is over. The EIA just reevaluated their price forecast upwards for 25/26.
Since there were no new LNG export permit requests in 2024 until December, the Biden January 2024 pause acted as a de facto ban due to the low probability of permit approvals. The five facilities Chris Wright approved in the last few weeks were undoubtedly being withheld until the administration changed. At least we are back on track now.
The wonder of why the Democrat party “approval rating is at a record low” reflects the palpable bipartisan dissatisfaction with the current administration. At this date what a Harris administration would have done is mere speculation only providing fodder to deflect from the questionable actions of the current administration.
As an Independent, I support N2N and found the DOE Dept of Nuclear Energy durning the last administration extremely positive in that direction. Yes, NRC regulations need revision and expedition. However, slash and burn of U.S. democracy and publicly disparaging allies is neither a rational action nor pass basic critical thinking litmus test.
Ed just a reminder a judge blocked Biden's LNG freeze pretty early on. To continue the freeze it would have had to play out in the courts first.
If you check out some of the videos posted by Matt Randolph, he is pretty outspoken that LNG is increasing the price of domestic natural gas. The Henry Hub commodity price has been hovering around $4 decatherm even though the winter peak is over. The EIA just reevaluated their price forecast upwards for 25/26.
https://www.politico.com/news/2024/07/01/judge-blocks-biden-lng-pause-00166157
Since there were no new LNG export permit requests in 2024 until December, the Biden January 2024 pause acted as a de facto ban due to the low probability of permit approvals. The five facilities Chris Wright approved in the last few weeks were undoubtedly being withheld until the administration changed. At least we are back on track now.
Ahhhh, well there is always the rest of the story isn’t there.
https://thebreakthrough.us12.list-manage.com/track/click?u=3b42de6ffcb6673f3d2451000&id=a09eeed070&e=e171db26d4
One of President Trump’s first steps was to freeze projects approved during the Biden Administration by the Department of Energy’s Loan Programs Office. Now it has approved a loan of $57 million for the https://thebreakthrough.us12.list-manage.com/track/click?u=3b42de6ffcb6673f3d2451000&id=8698bc96be&e=e171db26d4. That loan is only a small portion of what the project will cost, but it does make clear the administration’s support of nuclear energy. (The administration also approved $1.44 billion for a plant that will make jet fuel from ethanol, which the Biden administration saw as a way to reduce carbon emissions, although the https://thebreakthrough.us12.list-manage.com/track/click?u=3b42de6ffcb6673f3d2451000&id=4becfc8c17&e=e171db26d4. It got strong support from Steve Daines, Republican senator from Montana, though.)
The wonder of why the Democrat party “approval rating is at a record low” reflects the palpable bipartisan dissatisfaction with the current administration. At this date what a Harris administration would have done is mere speculation only providing fodder to deflect from the questionable actions of the current administration.
As an Independent, I support N2N and found the DOE Dept of Nuclear Energy durning the last administration extremely positive in that direction. Yes, NRC regulations need revision and expedition. However, slash and burn of U.S. democracy and publicly disparaging allies is neither a rational action nor pass basic critical thinking litmus test.
https://youtu.be/EqLfXzzPB0g?si=iJCiaMHEuC2Fa9Ux