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Politics : Formerly About Advanced Micro Devices
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To: Thomas M. who wrote (1448511)3/24/2024 7:11:36 PM
From: FJB2 Recommendations

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longz
Thomas M.

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Biden Blocks Liquified Natural Gas Exports for Countries Without Free Trade Agreements – Creates Uncertainty and Lawsuits
March 24, 2024 | Sundance | 129 Comments

There’s some nuance in the story, but essentially the Biden administration is not approving or extending Liquified Natural Gas (LNG) export permits to nations who do not have free trade agreements (FTA’s) with the United States. This is causing expansion issues in the LNG industry as needed investment capital by the industry is negatively impacted.

The Biden administration says they are pausing the permitting while they study climate change. However, the Biden administration is also unilaterally sending LNG to Europe to support the NATO objective to hamper the Russian economy (not working).

As a consequence, the Biden administration (think Biden family) is controlling the outflow of LNG; essentially putting themselves in a position of financial influence over the LNG industry. Who is controlling whom, and why?
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