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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Tweets Boar Hog who wrote (83290)	12/28/2023 6:49:44 PM
From: ajtj99	Respond to of 97958

Wow! That was an impressive and informative post!

To: Tweets Boar Hog who wrote (83290)	12/30/2023 3:53:07 AM
From: Snowshoe	1 Recommendation Recommended By ajtj99 Read Replies (1) \| Respond to of 97958

re <<The first LNG plant in the US was put into operation in 1969 in Kenai AK. I have been in that plant several times. It is now afa I know mothballed, due primarily to lack of gas.>> You might be amazed to learn that the Kenai LNG export plant may soon be converted to an import plant, due to declining local gas production! Marathon Petroleum evaluating strategic options for Alaska LNG facility as part of ongoing contributions to the region’s long-term potential marathonpetroleum.com Oct 19, 2023 Marathon is evaluating strategic options for its liquefied natural gas (LNG) facility in Kenai, which is adjacent to the company’s refinery. “The options we’re looking at include advancement of an LNG import conversion project authorized by the Federal Energy Regulatory Commission, along with a possible second-phase, larger-scale LNG import and re-gasification facility,” said Bruce Jackman, general manager of the Kenai refinery. “Kenai LNG is an important part of our infrastructure here, and we’re excited to be looking at these potential projects.” re << There is probably also some truth to the fact that current regulations impede the drilling side. It takes forever to get approvals for major projects these days, Willow on the North Slope but an example. Took years, people continually brought up court actions/suits, until it finally ended. Was not totally dependent on who was in office, regardless of who was, it had to work its way through the courts and due process.>> Actually the recent Willow approval is under appeal, but evidently COP has sufficient confidence in the Biden administration's thorough vetting to go ahead now with winter construction... ConocoPhillips announces official go-ahead for huge Willow oil project in Alaska alaskapublic.org December 26, 2023 Nine months after the Biden administration approved it, ConocoPhillips Inc. announced it has officially sanctioned full development of its huge Willow oil project on Alaska’s North Slope. “We are excited to reach this significant milestone,” Ryan Lance, ConocoPhillips’ chairman and chief executive officer, said in a statement about the final investment decision. “With this project authorization, we’ve begun winter construction and Alaskans have started to receive the benefits from responsible energy development.” A lawsuit challenging that approval remains active at the appeals court level. Earlier this week, the 9th Circuit Court of Appeals rejected a request from environmental plaintiffs for an emergency injunction barring winter construction. The court also scheduled a Feb. 4 hearing in San Francisco for arguments in the legal dispute.