Biden Promised Europe More LNG From US… Forgot to Check With Industry First

Guest “You don’t have any LNG to promise to anyone” by David Middleton

“Saturday’s Energy Absurdity of the Day”

Given that industry was already expanding capacity over the next few years, Biden simply promised to deliver the results of someone else’s work, kind of like his college term papers.

Since most LNG shipments are part of long-term contracts, the facilities are currently operating at full capacity and with the largest exporter being “sold out” into the 2040’s, there’s very little excess LNG to deliver to Europe…

Cheniere Energy Inc., the largest U.S. liquefied natural gas exporter, has sold out through the 2040s of the planned production from the $7 billion expansion of its Corpus Christi plant, the company’s CEO Jack Fusco said.

Bloomberg

The three Democrat hacks on the FERC have placed a new roadblock to future expansion, beyond what’s already in the works…

FERC issues ‘historic’ overhaul of pipeline approvals
By Miranda Willson | 02/18/2022 07:24 AM EST

The Federal Energy Regulatory Commission issued sweeping new guidance yesterday for natural gas projects, including a first-ever climate change threshold, upending decades of precedent for how major energy infrastructure is approved.

FERC updated a 23-year-old policy for assessing proposed natural gas pipelines, adding new considerations for landowners, environmental justice communities and other factors. In a separate but related decision, the commission also laid out a framework for evaluating projects’ greenhouse gas emissions.

The commission’s three Democratic members approved both policies, while the two Republicans on the panel opposed them.

[…]

We are going to, however, apply this policy in the interim, to allow the commission to process pipeline and LNG applications without delay,” Glick said.

Contrary to Democratic commissioners’ claims that it will provide greater certainty for the gas industry, the interim policy “creates more questions” for gas developers, said Amy Andryszak, president and CEO of the Interstate Natural Gas Association of America. For example, the statement does not explain the extent to which mitigation will be required for developers, she said.

[…]

E&E News

While they will “apply this policy in the interim, to allow the commission to process pipeline and LNG applications without delay,” future expansion of LNG capacity will be rather difficult, unless voters fire Democrats en masse in 2022 and 2024. The word interim does actually have a definition.

Note: The articles use the phrase “billion cubic meters,” (Bcm). This phrase if generally not used in the US oil & gas industry (the only one that matters). We use billion cubic feet (Bcf).

  • 1 Bcm = 35.3 Bcf
  • Total US export capacity is expected to reach 14 Bcf/d in 2022.
  • The 50 Bcm/yr promised to Europe by 2030 = 1,765 Bcf/yr.
  • 1,765 Bcf/yr = 4.8 Bcf/d.
  • In 2021, US LNG companies exported an average of 2.5 Bcf/d to Europe.
  • The odds are they’ll be shipping more than 5 Bcf/d to Europe in 2030.

Biden promised to deliver something he doesn’t control and was probably going to happen anyway. I’d call him a worthless sack of schist, but that would be unfair to fecal matter.

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Vuk
March 26, 2022 2:10 pm

LNG requires specialised terminals for offloading, and storage, those that Europe has are already operating to ful capacity.

Mickey Reno
Reply to  David Middleton
March 26, 2022 3:27 pm

Someone should ask Jen Psaki about this. The Europeans can ease their pain by eating cold cuts, drying their clothes on outdoor clotheslines, putting electric blankets on the bed, throwing on an extra sweater, and watching the Oscars. I’m not sure if most people still risk freezing pipes indoors, but remember to wrap that heat tape around your pipes in Aug or Sept. before the next winter sets in. And smile, you’re getting what you voted for. You’re getting it good and hard. And if you get TOO cold, invite Greta to come and lecture you. That will get your blood boiling ha ha ha ha ha

Derg
Reply to  Mickey Reno
March 26, 2022 4:50 pm

Maybe Nick Stokes could give Europe his blanket.

RickWill
Reply to  Mickey Reno
March 26, 2022 4:56 pm

And smile, you’re getting what you voted for. 

There is no Donald Trump in Europe – yet. Politicians throughout Europe mostly have more than a green tinge.

Putin could go down in history as the guy who did the most to end the Global Warming scam. Let energy reality prevail and death to the Climate Change religion.

Mark D
Reply to  Mickey Reno
March 27, 2022 7:47 am

Heat tape only works if you have electricity to drive it. Insulating wraps only slow the freezing.

Joao Martins
Reply to  David Middleton
March 27, 2022 2:56 am

It seems that the problem is there is no capacity to make the gas flow to France: gas pipelines are full. Portugal also has one gas terminal but the problem is the same: how to send the gas to France and beyond.

Last edited 3 months ago by Joao Martins
Vuk
Reply to  Vuk
March 26, 2022 2:30 pm

“Most of Europe’s LNG terminals are operating at full capacity, especially in north-west Europe, where they feed large economies Britain, France and Germany, raising the question of how much more LNG can be processed.”
Apparently Germany, the country with the greatest need has not even a single LNG terminal.

https://www.reuters.com/business/energy/brimming-european-lng-terminals-have-limited-space-more-gas-2022-02-17/

Last edited 3 months ago by Vuk
Pat from kerbob
Reply to  Vuk
March 26, 2022 2:59 pm

That’s why Germany announced 2 in response to Ukraine.
Will only take years until which time they will remain firmly under Putin’s thumb.

Merkle should be investigated

Drake
Reply to  Pat from kerbob
March 26, 2022 8:02 pm

She was born and raised in EAST Germany.

What is to investigate?

Travis
Reply to  Pat from kerbob
March 26, 2022 8:06 pm

yes but they reelected her for years

Michael S. Kelly
Reply to  Travis
March 26, 2022 10:39 pm

Then investigate the electorate.

Adam Gallon
Reply to  Pat from kerbob
March 26, 2022 11:48 pm

Why should she be investigated?
Relations with Russia were normalised, sourcing natural gas from there, was no different to sourcing it from the USA, when the Orange Fool was in charge & risk him waking up one morning & deciding to reduce exports instead of sticking import tariffs on something.

Tom Abbott
Reply to  Adam Gallon
March 27, 2022 3:28 am

Putin didn’t attack anyone while that Orange Fool was in office.

That Orange Fool might be back in office before long.

Representative Matt Gaetz said last night at the latest Trump political rally in Georgia (tens of thousands in attendance and millions watching on tv) that if the Republicans gain the majority in the U.S. House of Representatives after November’s election (and that’s almost a slam dunk), then Gaetz is going to nominate Trump to become Speaker of the House and Trump can take the office as Speaker in January, 2023. Nancy Pelosi will have to hand Trump the gavel (she’ll probably throw it at him).

Talk about Democrat heads exploding!!! Oh, Please God, let this happen! That would be the best!

And Trump sounds like he’s running for president in 2024. Idiot Joe may get his wish (Joe claims he looks forward to running against Trump again). If Joe knows what’s good for him, he should never get on another public stage with Trump.

But, Joe probably doesn’t know what’s good for him. He certainly doesn’t know what’s good for the United States. Everything he does harms the United States.

Trump is going to change that.

Trebla
Reply to  Tom Abbott
March 27, 2022 5:35 am

Yes, Trump is going to change things, unless he loses the election which would of course mean that the election was rigged.

Retired_Engineer_Jim
Reply to  Tom Abbott
March 27, 2022 7:46 am

Doesn’t the Speaker of the House have to be an elected member of the House? If so, Gaetz obviously hasn’t a clue.

Dave Fair
Reply to  David Middleton
March 27, 2022 2:07 pm

The House Rules has a long list of people who may enter the House Chambers. It includes: “(17) Such persons as have, by name, received the thanks of Congress.” [Just heading off objections based on House Rules limiting access to the House.]

IAMPCBOB
Reply to  Retired_Engineer_Jim
March 31, 2022 9:45 am

No, he does not!

CaseyB
Reply to  Tom Abbott
March 27, 2022 10:21 am

Everyone thinking it’s a “slam dunk” that the Dems are ousted are not thinking straight. Seven months is an eternity in politics. And Dems are in control of the fear button. And then there’ s the Dominion factor as well. 🙁

Tom Abbott
Reply to  CaseyB
March 27, 2022 11:29 am

I’m just looking at the polls. They don’t look good for the Democrats.

IAMPCBOB
Reply to  Tom Abbott
March 31, 2022 9:48 am

Nothing was looking good for the Democrats in 2019, either, and look what happened! Don’t put anything past the Democrats when it comes to manipulation and outright LIES! Just sayin… PLUS, Dominion still hasn’t been outlawed in America!

Dave Fair
Reply to  CaseyB
March 27, 2022 2:09 pm

Over the next seven months, Casey, none of the fundamental problems the Democrats have will change. “Its the economy, stupid.”

IAMPCBOB
Reply to  Tom Abbott
March 31, 2022 9:44 am

No, everything Joe does harms the entire WORLD! Well, except, maybe,for China and possibly Russia!

Frank from NoVA
Reply to  Vuk
March 27, 2022 9:05 am

‘Apparently Germany, the country with the greatest need has not even a single LNG terminal.’

Until the recent unpleasantness, Germany had no need for LNG as they had ample access to ‘cheap’ Russian gas. In reality, Germany has two problems that eventually need to be fixed. One, they need to abandon all the green energy nonsense and build up their coal and nuclear energy generation. And two, they need to be responsible and pay for their own defense as relying on NATO makes them vulnerable to the belligerent policies of US foreign policy.

Tom Abbott
Reply to  Frank from NoVA
March 27, 2022 11:33 am

You say Germany has suffered greatly from belligerent policies of US foreign policy?

Could you give an example?

Perhaps you think Trump was being belligerent when he told Germany they need to live up to their committments and fully fund their defense obligations under NATO. Is that the kind of belligerence you are referring to?

Has the U.S. forced Germany to do anything lately?

Frank from NoVA
Reply to  Tom Abbott
March 27, 2022 10:21 pm

‘Could you give an example?’

Well, energy prices are up a lot for one. And we’ll soon be able to add fertilizer, food, etc., etc., to that as well. This will mean hardship for everyone in addition to the human tragedy that’s taking place in Ukraine. I can only hope that we can avoid a hot war with Russia as Biden and his handlers continue to screw up on the public stage.

I do not consider Trump’s request that Germany meet its NATO commitments to be belligerent, but I do believe our state and intelligence ‘communities’ have been very reckless in advancing NATO membership to Ukraine at the same time they’ve been intervening in its elections and government. BTW, if you think Trump would have handled this all better than Biden, you might want to consider that he might still be in office today if someone other than Zelensky had been on the other end of his phone call.

I assume that you are skeptical of the US government’s motives with respect to climate change, as am I. Suffice it to say, that I am equally skeptical of its motives in other areas, both foreign and domestic.

Tom Abbott
Reply to  Frank from NoVA
March 28, 2022 4:07 am

I have a feeling that if the Republicans gain control of the House of Representatives that Ukraine and American involvement there is going to be high on the list of things to be investigated.

I want to know what Obama and Biden were doing in Ukraine during their administration. I want the Republican House to open that can of worms.

Frank from NoVA
Reply to  Tom Abbott
March 28, 2022 6:14 am

The State, for lack of a better term, has been running amok for decades, so there’s much to investigate. I hope the Republicans are up to it, but am not sure they’ll even get the chance if they keep enabling Biden and the State to sweep all their failures under the Russia, Russia, Russia rug.

Scissor
Reply to  Vuk
March 26, 2022 3:14 pm

For advice, he should turn to the smartest man he knows, one who was a consultant to the Ukraine natural gas company Burisma for $83,000 per month.

Why that man is so smart he even set up dozens of DOD contracts for biotechnology laboratories also in Ukraine. If he can’t figure it out, who can?

lee
Reply to  Scissor
March 26, 2022 9:58 pm

In an otherwise empty room Biden is the smartest.

Adam Gallon
Reply to  lee
March 26, 2022 11:51 pm

Yes, why do you keep on putting up geriatric candidates for POTUS?

Tom Abbott
Reply to  Adam Gallon
March 27, 2022 3:29 am

Who are you talking to?

BobM
Reply to  Adam Gallon
March 27, 2022 5:08 am

You think Merkle, Macron, Bojo, and Trudeau are not idiots?

Tom Abbott
Reply to  BobM
March 27, 2022 11:34 am

Regardless of age.

Spetzer86
Reply to  Vuk
March 26, 2022 5:05 pm

Maybe all those LNG ships will just have to circle back on that?

Mark D
Reply to  Spetzer86
March 27, 2022 7:53 am

Seems to me a LNG or LPG tanker is a ginormous thermobaric explosion waiting to happen.

Jamaica
Reply to  Mark D
March 27, 2022 4:51 pm

Up vote for using thermobaric.
But, the amount of air needed for that much gaa? Ginormous. That is why they tend to burn and not explode.

Old Man Winter
Reply to  Vuk
March 26, 2022 5:20 pm

With the MSM in his pocket, Brandon can say/do anything he wants
without anyone doing a real fact check like you. He’s actually impeding
Israeli natural gas from being shipped to Europe. This is all part of the
Great Reset being recently announced by Brandon & being promoted by
Obama, Klaus Schwab of the World Economic Forum (WEF), etal., who are
taking Rahm Emanuel’s advice not to let a crisis go to waste. The WUWT
story on the SEC, as well as the digital dollar, whose effectiveness was
shown by Trudeau’s handling of the trucker protest, are examples of what
lies ahead.

Obommie the Commie is monitoring, if not running the White House through
Susan Rice, with Valerie Jarrett being the brains behind the operation (it was
B.O. who called everyone else off at the SC primary to prevent Bernie
Sanders, who wasn’t under his control, from winning). Dementia Joe is still
able to get through most of the script as it fits what he would have normally
done. If they lose him, they might have a problem as neither Cackles nor
Nancy can perform as well as Brandon with dementia.

https://pjmedia.com/columns/victor-davis-hanson/2022/03/24/the-real-reset-is-coming-n1583772

https://www.washingtonexaminer.com/news/watch-biden-says-theres-going-to-be-a-new-world-order-and-us-must-take-lead

https://justthenews.com/politics-policy/energy/amid-global-energy-crisis-biden-looks-iran-not-israel

https://wattsupwiththat.com/2022/03/25/sec-proposes-far-reaching-climate-disclosure-rules-for-companies-heres-where-the-rules-may-be-vulnerable-to-legal-challenges/?utm_source=rss&utm_medium=rss&utm_campaign=sec-proposes-far-reaching-climate-disclosure-rules-for-companies-heres-where-the-rules-may-be-vulnerable-to-legal-challenges

https://justthenews.com/politics-policy/energy/amid-global-energy-crisis-biden-looks-iran-not-israel

Adam Gallon
Reply to  Old Man Winter
March 26, 2022 11:52 pm

Tinfoil futures soaring again.

Graemethecat
Reply to  Adam Gallon
March 27, 2022 3:03 am

Conspiracy theories have a tendency nowadays to become fact. The Lab Leak hypothesis for the origin of the Wuhan Flu was derided as a conspiracy theory by people like you until the evidence emerged.

MarkW
Reply to  Adam Gallon
March 27, 2022 8:16 am

Everything he states is a well known fact.

LdB
Reply to  Vuk
March 27, 2022 1:07 am

Germany has two new terminal under urgent construction in Brunsbüttel and Wilhelmshaven.

Retired_Engineer_Jim
Reply to  LdB
March 27, 2022 12:47 pm

Oh, they’ll be so safe. Urgency is so good

Tom Halla
March 26, 2022 2:18 pm

So His Senility does not realize his own party’s policies are restricting supply? Normal for the crew around Brandon.

Rud Istvan
Reply to  Tom Halla
March 26, 2022 3:09 pm

Biden has some degree of senile dementia. Evident from lack of situational awareness (confusion), gait impairment, sundowning, whisper/anger, and more.

BUT his crowd doesn’t. For Buttigieg, Yellen, Granholm, Garland, Austin, and their ilk there is no such excuse. Simple massive demonstration that the left is also demented in a non-senile way.

We already had AOC and her ‘gang’ as exhibit one of that general truth. The excuse for AOC was ‘ previous experience bartender’. Maybe that works for Mayor Pete. That does NOT work for Granholm, Garland, and Austin.

Clyde Spencer
Reply to  Rud Istvan
March 26, 2022 5:51 pm

It may be convenient for the ‘power behind the throne’ to use him as a sock puppet and call the shots as though they had been elected inaugurated.

MarkW
Reply to  Tom Halla
March 26, 2022 4:23 pm

Earlier today the White House had to walk back what appeared to be Biden calling for a regime change in Russia

https://www.foxnews.com/politics/putin-regime-change-biden-remarks-expert

Is that the third time in 2 days that the White House has had to walk back something Biden has said in public?

Do you miss Trump yet?

Reply to  MarkW
March 26, 2022 4:36 pm

Let’s see how much better President Harris will be.

leowaj
Reply to  Curious George
March 26, 2022 4:54 pm

Harris will simply be a smiling lump of clay. Biden’s brain is decaying but Harris didn’t have a brain to start with.

Tom
Reply to  leowaj
March 26, 2022 7:30 pm

I agree she doesn’t have (much of) a brain. The problem is that she has an ego. That makes her totally unpredictable. If she gets in as POTUS, who knows what she would do? I think it would be mostly bad. Just imagine Harris, the nuclear football, and a crisis, real or imagined.

Tom Abbott
Reply to  Tom
March 27, 2022 3:35 am

“I agree she doesn’t have (much of) a brain. The problem is that she has an ego. That makes her totally unpredictable. If she gets in as POTUS, who knows what she would do?”

I think I know what she would do. Kamala is the perfect candidate for dictatorship.

Kamala would rule with an iron hand if she had a chance. She’s a petty dictator now with her staff and would be the same way with our country if she had the authority.

Fortunately, the Republicans are going to gain majority in at least one House of Congress, so Joe and Kamala will be put on a tight rein after that.

And if Trump gets to be Speaker of the House, then “Look out Mama!”. Investigate, investigate, investigate the criminal Democrats.

Last edited 3 months ago by Tom Abbott
Retired_Engineer_Jim
Reply to  leowaj
March 27, 2022 12:54 pm

That’s not fair. Harris was, after all, AG of California.

Clyde Spencer
Reply to  Curious George
March 26, 2022 5:52 pm

I hope we aren’t given that ‘privilege.’

skiman
Reply to  Curious George
March 27, 2022 11:08 am

Please no! the worlds on edge as it is. hopefully the Dems lose big time and lose both houses. Sounds crazy but if Gaetz should nominate Trump as speaker they could impeach both Biden and Harris, making TRump president. For the sake of the US I hope not just too divisive.

Tom Abbott
Reply to  skiman
March 27, 2022 11:39 am

“For the sake of the US I hope not just too divisive.”

Two bogus impeachments of Trump were pretty divisive, too.

Things like that should not be let go. People need to be held accountable if we are to discourage such behavior in the future.

Peter Fraser
Reply to  Curious George
March 27, 2022 12:31 pm

Biden sent Harris to Europe to attend the NATO meeting a few days before Russia invaded. After flapping her lips there she then said she would be pleased if Ukraine joined NATO. Two days later Russia invaded. Watch Tucker Carlson on the subject.
Tucker: Why didn’t we see this coming? – YouTube

Gunga Din
Reply to  Curious George
March 27, 2022 3:02 pm

President Harris.
The worser of two worst?
They’ll dump Brandon if he is obviously kryptonite to the midterms but not before it is obvious that Kamal is also kryptonite to the midterms.
I don’t think it will help the today’s Dems. They are their own kryptonite.

Adam Gallon
Reply to  MarkW
March 26, 2022 11:55 pm

Not in the least.
Remember his rambling talk about treating COVID-19?
You think for a moment he’d be any better?

Tom Abbott
Reply to  Adam Gallon
March 27, 2022 3:38 am

Adam is a victim of leftwing propaganda. He believes what the Leftwing Medai says.

The Leftwing Media is lying to you about Trump, Adam.

MarkW
Reply to  Adam Gallon
March 27, 2022 8:17 am

I remember Trump being more right than the so called experts in regards to most COVID treatments. For which the left has never forgiven him.
I know that you have been taught to hate anyone who gets between you and free stuff, but you are going to have to get over it.

Peter Fraser
Reply to  Adam Gallon
March 27, 2022 11:50 am

He inherited Fauci as his advisor, what would you expect.

RickWill
Reply to  Tom Halla
March 26, 2022 5:00 pm

Biden’s state of mind has to be a great concern for the world. Literally a demented mind with his hand on THE big red button or whatever sends nuclear bombs toward Russia.

France has all its nuclear subs at sea ready for the worst.

Putin could be feeling cornered.

Clyde Spencer
Reply to  RickWill
March 26, 2022 5:53 pm

It is always dangerous to corner a wild animal.

Chaswarnertoo
Reply to  Clyde Spencer
March 27, 2022 1:03 am

Especially a bear.

Tom Abbott
Reply to  RickWill
March 27, 2022 3:43 am

“Putin could be feeling cornered.”

The danger to Putin comes from within Russia, from his own people, not from Joe Biden.

A defeat in Ukraine is not enough to trigger a nuclear war, if we are dealing with a sane person. I don’t think Putin is suicidal, so I don’t think he is going to initiate a nuclear exchange over Ukraine. And nobody is talking about invading Russia, so Putin is not in a corner.

Much too much handwringing over what Putin might do, imo. Much of it is an excuse to do nothing.

Retired_Engineer_Jim
Reply to  RickWill
March 27, 2022 12:58 pm

You do know that the POTUS doesn’t actually push the button. It takes his authorization for someone else to order “FIRE”. Ideally, there are rationale people in that chain.

Tom Abbott
Reply to  Retired_Engineer_Jim
March 28, 2022 4:20 am

We can hope.

MarkW
Reply to  Retired_Engineer_Jim
March 28, 2022 7:34 am

You mean the movies where the president slides back a panel on his desk and pushes a big red button were wrong?

March 26, 2022 2:23 pm

Biden has a history of making promises. He once said, “And you leave those billions of dollars in weapons behind, I promise they’re gonna be used against your grandchild and mine someday.” … https://www.youtube.com/watch?v=FUi69lRQz_k

Scissor
Reply to  John Shewchuk
March 26, 2022 4:12 pm

Good video.

I can’t wait for FJB to offer Dominion voting machines to Russia to remove Putin.

Frank from NoVA
Reply to  Scissor
March 26, 2022 8:04 pm

Does Russia have the equivalent of our swing states?

Adam Gallon
Reply to  Frank from NoVA
March 26, 2022 11:59 pm

No, Russia has the equivalent of Trump claiming he hadn’t lost, but in their case, he didn’t as any other serious contenders would be quickly put in gaol or suffer a terminal accident.

Tom Abbott
Reply to  Adam Gallon
March 27, 2022 3:46 am

The election fraud investigations of the 2020 presidential election are not over. Stay tuned.

Mark D
Reply to  Adam Gallon
March 27, 2022 7:59 am

Please take a Midol and go lie down.

Bill Parsons
Reply to  John Shewchuk
March 26, 2022 7:52 pm

Not worried about it. Much more worrisome is how hot the Earth is become. We’ve known about it since at least 2019.

Bill Parsons
Reply to  Bill Parsons
March 26, 2022 8:35 pm

2009 — seems like only yesterday.

Gunga Din
Reply to  Bill Parsons
March 27, 2022 3:16 pm

I wish someone had asked him just how CO2 made the Earth’s core “several million degrees”.
He likely would have tried to answer. That would have been amusing.

markl
March 26, 2022 2:26 pm

Funny how fossil fuels can go from life threatening to life saving just like that.

Willem Post
Reply to  markl
March 26, 2022 2:49 pm

Did AOC and Bernie approve this?

Cut evil gas consumption in the US, so more will be available for liquidation and shipping to Europe?

Screw the US consumer with higher prices by artificially creating a shortage in US markets to justify much more of expensive, highly-subsidized offshore wind and solar, which would be provided mostly by European companies, which have all the expertise?

This adds up to decades of treasonous screwing of the US in ALL WAYS, a la Biden

ELECTIONS CAN HAVE DISASTROUS CONSEQUENCES

GO TO THE POLLS EN MASSE, AND VOTE THE EVIL DOERS OUT BIG TIME

Last edited 3 months ago by Willem Post
Joao Martins
Reply to  Willem Post
March 27, 2022 3:06 am

ELECTIONS CAN HAVE DISASTROUS CONSEQUENCES

A republic, if you can keep it.

Keep your republic! Yes, you, the people can keep it!

Tom
March 26, 2022 2:35 pm

One of Biden’s Woke Leftist handlers must have missed the cubic feet per cubic meter conversion. (It’s about 35.) Being woke is the anthesis of being educated.

Scissor
Reply to  Tom
March 26, 2022 3:29 pm

His clean-up crew is working heavy on Twitter today.

Retired_Engineer_Jim
Reply to  Tom
March 27, 2022 1:02 pm

Just basically incinerate to add to the ignorance of how things work in the real world.

Retired_Engineer_Jim
Reply to  Retired_Engineer_Jim
March 27, 2022 4:33 pm

Great – I typed “innumerate”, and it comes out as “incinerate”.

bonbon
March 26, 2022 2:35 pm

The EU has a clear choice – buy super expensive, non-existent US LNG, or Russian plentiful petroleum/gas in Rubles.
Unfriendly sanctioning states including EU, have 1 week to go figure.

Ok, got that?

Meanwhile a post-Petrodollar world is shaping up – the Ruble/Renminbi/Rupee commodity based currency to replace the fiat Petrodollar since 1974.

Talk about a seismic grade 10 earthquake!!!

Dollar reserve system frays with India-Russia currency deals
https://asiatimes.com/2022/03/dollar-reserve-system-frays-with-india-russia-currency-deals/

Biden can do nothing whatsoever about this – every attempt accelerates a natural development.

Rud Istvan
Reply to  bonbon
March 26, 2022 3:20 pm

Although very scary to me as a former economist, it was inevitable. The post WW2 ‘deaf to dollar as world reserve currency’ conditions could not hold forever. Not with rise of other nations, and the enabled Congressional spending profligacy. Just being unfortunately accelerated.

If there is a silver lining in that dark cloud, it is that it will eventually force more fiscal spending discipline on Congress.

Scissor
Reply to  Rud Istvan
March 26, 2022 3:38 pm

Austerity is coming to dinner.

Clyde Spencer
Reply to  Scissor
March 26, 2022 5:55 pm

Austerity Powers?

Scissor
Reply to  Clyde Spencer
March 26, 2022 7:49 pm

AndyHce
Reply to  Rud Istvan
March 26, 2022 4:30 pm

it will eventually force more fiscal spending discipline on Congress.

ha ha

Scissor
Reply to  AndyHce
March 26, 2022 5:47 pm

Hard to believe, and inflation can rage for a while, but something has to give eventually.

Rich Davis
Reply to  bonbon
March 26, 2022 3:40 pm

Keep dreaming your cherished nonsense bonbon.

MarkW
Reply to  Rich Davis
March 26, 2022 4:28 pm

bonbon believes that it’s just a matter of time until the world wakes up to the fact that communism is superior to capitalism.

James F. Evans
March 26, 2022 2:39 pm

Promises made… that sound good to the ear, but impossible to keep.

The Biden administration is in terminal velocity.

What’s that?

You can’t go back and tell the truth because that will expose all the prior lies.

You just keep lying until your velocity is stopped… like Wile E. Coyote hitting bottom.

Editor
March 26, 2022 2:45 pm

Thanks, David. This post made me laugh.

Only Biden can be this brainless with his promises. The entire world will wind up giving him another “D’OH”.

Then again it was reported that Obama once said, “Don’t underestimate Joe’s ability to feck things up.” In fact, I’m wearing a tee shirt that says that riiiight now.

Regards,
Bob

Tom Abbott
Reply to  Bob Tisdale
March 27, 2022 3:51 am

For once, Obama got something right.

John Garrett
March 26, 2022 2:46 pm

Would somebody please whisper in the Bloviator’s ear:

“Mountain Valley Pipeline”

Rud Istvan
March 26, 2022 2:56 pm

Napoleon said (paraphrasing) ‘Never interrupt the enemy when in the process of making a mistake’.

Day before yesterday, FJB promised Americans food shortages.
Yesterday FJB promised Europe something he has no ability to deliver, LNG.
Today FJB promised Russian regime change, also something he has no ability to deliver but which played directly into Putin’s hands.

Yet FJB is ‘safe’ from Article 25, because Kamala ‘giggles’ Harris would be much worse.

Until the upcoming midterm election. Then NO Democrat should be safe given rising anger about inflation, gas prices, the southern border disaster, and more.

Burgher King
Reply to  Rud Istvan
March 26, 2022 3:51 pm

Biden and Harris are both figureheads. Neither of them makes any important decisions. Every decision of consequence is made by a council of former Obama and Clinton functionaries. Biden’s apparent incompetence and stupidity is the council’s incompetence and stupidity.

Except that what the council is doing is being done according to a plan, as incompetent and as stupid as that plan might seem to be.

Harris will replace Biden, probably in early 2023 when Biden resigns for health reasons. My guess is that Biden’s resignation date has been carried on a master schedule since early 2020 back when he and Harris were designated by an alliance of Obama’s people, James Clyburn’s people, and Hillary Clinton’s people as the two puppets who would be installed as President and Vice President in January, 2021.

A huge battle is now underway between the MAGA Republicans and the RINO Republicans for control of the party. The RINOs are moving heaven and earth in a desperate attempt to thwart the MAGAs and their America First agenda.

The RINOs are clearly inclined to follow a scorched earth policy if they find themselves on the losing end of the stick. If the RINOs do lose their fight with the MAGAs, they are likely to throw in their lot with the DC Swamp and with the Democrats.

The Democrats are confident that with help from the RINOs, from the courts, and from the MSM, they can steal the 2022 election cycle just as they stole the 2020 cycle, likewise with help from the RINOs, from the courts, and from the MSM.

In other words, don’t count your sweeping election victories before they’re hatched. We won’t know for certain who controls Congress until mid-January, 2023.

AndyHce
Reply to  Burgher King
March 26, 2022 4:37 pm

We won’t know for certain who controls Congress until mid-January, 2023.

Even if your favored candidates win, you can’t know how many of them are fifth column until it is too late, but you can be sure some to many of them will be – just like BoJo.

Tom Abbott
Reply to  AndyHce
March 27, 2022 3:59 am

I think the Trump supporters are especially sensitive to anything that reeks of RINOism.

Plus, any RINO can expect to feel the effects of Trump’s criticism. Trump will not be kind to RINO’s and he has the ability to make someone look pretty bad if he wants to.

Yeah, take Trump on why don’t you.

Clyde Spencer
Reply to  Burgher King
March 26, 2022 5:59 pm

Biden’s apparent incompetence and stupidity is the council’s incompetence and stupidity.

Like the animal designed by a committee — a Kamel

Tom Abbott
Reply to  Clyde Spencer
March 27, 2022 4:00 am

Biden’s policy is the radical Democrat’s policy. They are all on the same stupid page.

Tom Abbott
Reply to  Burgher King
March 27, 2022 3:55 am

“A huge battle is now underway between the MAGA Republicans and the RINO Republicans for control of the party.”

That’s right and Trump is determined to oust the RINO’s from power.

Trump has endorsed 103 candidates nationally so far, and 101 of them won their political races.

Trump endorsed 33 candidates in the Texas electons last week and all 33 of them won their elections.

Trump is not endorsing RINO’s. He is endorsing candidates who will run against RINO’s.

November is going to be SO interesting. 🙂

Clyde Spencer
Reply to  Tom Abbott
March 30, 2022 6:30 pm

Trump has endorsed 103 candidates nationally so far, and 101 of them won their political races.

How could that possibly be when he lost re-election? /sarc

AndyHce
Reply to  Rud Istvan
March 26, 2022 4:33 pm

You are a big dreamer but do you really believe ANY of that is possible?

Tom Abbott
Reply to  AndyHce
March 27, 2022 4:01 am

Eight months and we will find out.

Mark D
Reply to  Tom Abbott
March 27, 2022 8:05 am

IF we are still here. If you keep poking a bear sooner or later it’s going to respond and probably not by running away.

MarkW
Reply to  Mark D
March 27, 2022 8:22 am

Who’s poking bears? Do you believe that not giving the bear everything it demands is “poking” it?

Mark D
Reply to  MarkW
March 27, 2022 9:17 am

I suggest you spend some time at the conservative treehouse.com or https:// market-ticker. org/ and learn what is really going on in Ukraine/Russia.

Tom Abbott
Reply to  Mark D
March 27, 2022 11:49 am

So you have to go to those websites to really know what’s going on?

Mark D
Reply to  Tom Abbott
March 27, 2022 12:59 pm

Where would you go to learn the truth?

“If you don’t read the newspaper, you’re uninformed. If you read the newspaper, you’re mis-informed.”. ― MarkTwain

Clyde Spencer
Reply to  Mark D
March 30, 2022 6:32 pm

Funny how things haven’t changed much since the time of Mark Twain.

MarkW
Reply to  Mark D
March 28, 2022 7:36 am

So only those two sites are keyed into the truth.
Everybody else in the world is pushing lies.

Mark D
Reply to  MarkW
March 28, 2022 9:01 am

I stated neither of the things you say. I’ll waste no more time on you. Enjoy your ignorance.

Rod Evans
March 26, 2022 2:58 pm

Hey Joe, what went wrong with simply delivering another load of wind turbines to Europe to eliminate that nasty Russian gas market of fossil fuels altogether?
Back in the USA the woke states are shutting down fossil fuel extraction licences and banning pipe lines that would carry fossil fuels because they think wind turbines will do the job of oil and gas. They are even shutting down nuclear power plants because wind and solar will do the job cheaper…apparently.
Naughty old Joe, not offering the EU the same brilliant option the American public is being offered.
At some point at some press briefing a journo will actually ask Joe a question about energy. Unfortunately, we know Joe will have no idea what he should say, because he has no comprehension of energy demands or energy security.
We live in dangerous times. Senility and stupidity are not positive attributes, despite what Nancy Pelosi thinks. She is as much of a brain scrambled mess as Joe!

Clyde Spencer
Reply to  Rod Evans
March 26, 2022 6:03 pm

Unfortunately, we know Joe [aka FJB] will have no idea what he should say, because he has no comprehension of energy demands or energy security.

So, we can expect him to lose his temper and dump on the “journo.”

Pat from kerbob
March 26, 2022 3:04 pm

Not much difference with Trudeau going to Europe and when asked how canada can help with the energy crisis he explained that we will continue to add renewables in canada and accelerate Hydrogen to deliver to Europe.
Which will occur in 20 years
If ever

Proves you don’t have to be senile to spout gibberish.

Scissor
Reply to  Pat from kerbob
March 26, 2022 3:43 pm

It doesn’t hurt either, as evidenced by a new gem from Namcy Pelosi.

https://rumble.com/vybnkg-third-in-line-to-the-presidency.html

AndyHce
Reply to  Pat from kerbob
March 26, 2022 4:39 pm

You just have to be part of the plan

Tom Abbott
Reply to  Pat from kerbob
March 27, 2022 11:52 am

Didn’t I see a member of the European Parliament excoriating Trudeau for his dictatorial tendencies the other day? I believe she said Trudeau should not have been allowed into the Parliament building because of what he had done in Canada. She didn’t mince words. I thought it was rather remarkable.

Reply to  Pat from kerbob
March 27, 2022 4:05 pm

Trudeau must be especially proud of his achievement in destroying the Alberta tar sands oil production at this moment.

Mac
March 26, 2022 3:38 pm

Most likely every on this forum knows that there are few if any people serving or appointed by Brandon that have any business experience whatsoever. They are political hacks or academics many chosen because of their minority status; skin color etc. Same as Obama’s years. An example is Deb Haland who was chosen because she is an Indian; pardon me a native American. She is anti fossil fuel which has caused consternation in New Mexico.

tomo
March 26, 2022 4:12 pm

About a month into the Democratic POTUS candidate race I clocked that Joe was obviously half a hamper short of a picnic and I knew he was never the sharpest knife in the drawer – but – jeepers … the DNC persisting with him and Kreepy Kamala is now flat out weird/bizarre.

I really hope America wakes up and destroys the Democrats in the mid-terms. I wonder if any of Biden’s crew think a war might dig them out of electoral annihilation?

Clyde Spencer
Reply to  tomo
March 26, 2022 6:09 pm

And, we can largely thank the MSM for making this happen. A man who wouldn’t come out of his basement to campaign, a corrupt son, suffering from dementia, and the MSM gave him cover. And, the MSM routinely referred to anyone who questioned the legitimacy of the election as a “liar.”

Tom Abbott
Reply to  Clyde Spencer
March 27, 2022 4:13 am

“And, we can largely thank the MSM for making this happen”

You can say that again.

See just how dangerous a propaganda organ like the Leftwing Media can be? They got a dangerous, delusional fool like Joe Biden elected President of the United States.

The Leftwing Media is the greatest danger to our personal freedoms. If people are lied to, then they cannot make the best decisions when they go to the voting polls. And obviously, they made a terrible decision in giving Joe Biden power over the rest of us. It they had been told the truth about Biden, he would never have been elected.

The Propaganda put out by the Leftwing Media is the greatest danger we face.

Clyde Spencer
Reply to  Tom Abbott
March 30, 2022 6:34 pm

The Fourth Estate has become a Fifth Column.

Tom Abbott
Reply to  tomo
March 27, 2022 4:08 am

“but – jeepers … the DNC persisting with him and Kreepy Kamala is now flat out weird/bizarre.”

The Democrats had nothing else. They have no talent pool. The only talents radical Democras have are how to lie, cheat and steal.

Bob
March 26, 2022 4:19 pm

I was going to say Biden is the worst of the worst but then I thought of Hillary.

Reply to  Bob
March 26, 2022 4:48 pm

Bin Laden’s wish, Putin’s reality.

ResourceGuy
March 26, 2022 4:22 pm

Win-the-day statements are different from reality, just as Bill and Hillary.

2hotel9
March 26, 2022 4:31 pm

It ain’t his.

George Daddis
March 26, 2022 4:40 pm

He can just advance the recent state and local restrictions on future natural gas to homes in the US so that he can instead direct our own resources to Europe; all in the effort to convince us all Slo Joe is a kind and generous man on the world stage.

Tombstone Gabby
March 26, 2022 4:58 pm

“… a worthless sack of schist, but that would be unfair to fecal matter.”

Many a true word spoken in jest.

Scissor
Reply to  Tombstone Gabby
March 26, 2022 5:51 pm

I thought his complexion looked flushed.

skiman
Reply to  Scissor
March 27, 2022 11:28 am

plus 100

Disputin
Reply to  Tombstone Gabby
March 27, 2022 5:08 am

Jest???

Tombstone Gabby
Reply to  Disputin
March 27, 2022 2:44 pm

A left-over from “court jester”, the person whose job it was to keep the royal court amused. Also shows up in “Surely you jest” – ie – “You’re being funny, right?”

rah
March 26, 2022 5:16 pm

What do you expect from a guy that is so mentally feeble he is trying to start WW III?

The guy can’t go a day without screwing up unless he is home hiding out.
White House Rushes to Clarify Joe Biden Call to Remove Vladimir Putin (breitbart.com)

Scissor
Reply to  rah
March 26, 2022 5:59 pm

It sure seems like it.

MarkW
Reply to  rah
March 27, 2022 8:28 am

3 times in 2 days, the White House had to “clarify” one of Biden’s official comments.

https://www.foxnews.com/politics/white-house-walks-back-multiple-biden-remarks-europe-trip

Speaking of treaty obligations, NATO promised to protect Ukraine from territorial incursions if they agreed to return all of the former Soviet nuclear weapons to Russia.

MarkW
Reply to  MarkW
March 28, 2022 7:37 am

Sorry, it wasn’t NATO per se, but a lot of the countries that did sign the treaty were in NATO.

Clyde Spencer
March 26, 2022 5:46 pm

Can you say, “D-U-F-U-S?”

To quote a famous meme, “He’s not MY president!”

Clyde Spencer
March 26, 2022 6:12 pm

I’d call him a worthless sack of schist, …

Coprolite is probably a more accurate term for FJB.

Mark D
Reply to  David Middleton
March 27, 2022 8:08 am

10# in a 5# sack

Clyde Spencer
Reply to  David Middleton
March 30, 2022 6:36 pm

I was emphasizing his senility, as befitting an old fossil.

Doonman
March 26, 2022 7:23 pm

Don’t worry. The LNG will come from the same place as all the copper, lithium and cobalt to electrify everything comes from.

It used to come out of the ground. But now it comes from Fantasy Island.

Tom Abbott
Reply to  Doonman
March 27, 2022 4:16 am

“Don’t worry. The LNG will come from the same place as all the copper, lithium and cobalt to electrify everything comes from.”

Good point.

Lee Sherman
March 26, 2022 7:24 pm

fjb once again reinforces the fact that you can’t fix stupid.

John the Econ
March 26, 2022 9:00 pm

“Given that the US LNG industry is, like every other industry in the United States, a free, capitalist enterprise, we are left to wonder how the President and his senior advisors plan to go about ensuring that the US meets the promises the President just made?”

All part of the “fundamental transformation” promised by Biden’s former boss. A pseudo-fascist regime where “the smart people” tell the capital allocators how the producers will be allowed to produce, if at all.

Of course, the reality isn’t going to be pretty, more resembling Atlas Shrugged than Star Trek.

Phillip Bratby
March 26, 2022 10:48 pm

There is nothing odd about anything when you are senile.

Philip Mulholland
March 27, 2022 2:39 am

Forgot to Check With Industry First

This is what happens when you base your policy on beliefs.

ResourceGuy
March 27, 2022 6:40 am
ResourceGuy
Reply to  ResourceGuy
March 27, 2022 6:53 am

And the assurances are still being made in other regions and other “deals.”

Blinken tries to calm allies ahead of possible Iran deal – ABC News (go.com)

mkelly
March 27, 2022 7:32 am

Would it not be faster to approve the Israel pipe to Greece and Italy?

BTeboe
March 27, 2022 7:38 am

If we have so much LNG to sell to other countries, we should be outfitting our cars and trucks to run on LNG instead of electricity. We are turning into a banana republik every single day.

griff
March 27, 2022 9:52 am

He promised the EU… which no longer includes UK.

so UK don’t get none…?

ResourceGuy
Reply to  griff
March 27, 2022 11:38 am

You get vague promises as shown in the links above.

Reply to  griff
March 27, 2022 3:59 pm

The U.K. used very little gas from Russia anyway.

March 27, 2022 9:59 am

Biden could also end poverty by making it a hanging offence.

March 27, 2022 10:12 am

A perfect opportunity for Europe to put its money where its mouth is. Shut down SWIFT for all Russian banks and quit buying their oil and gas.

Use 100% electricity to replace the oil and gas. EV’s, electric heat, electric furnaces for steel and cement. CO2 pollution would plummet, reducing carbon taxes. This tax savings will fund any costs, reduce inflation and result in peace in our time.

Auto
Reply to  ferdberple
March 27, 2022 11:24 am

Fredberple,
Indeed yeah!
And what will all the Eurocrats do after lunch, having achieved all that between 0830 and 1200?

Auto
Just asking.

Retired_Engineer_Jim
March 27, 2022 12:40 pm

Numeracy is not strong with these folks. And the other leaders accepted the pledge without checking. Maybe they should trust but verify.

March 27, 2022 1:03 pm

I’d call him a worthless …

Harsh – but fair

Phin Sprague
March 27, 2022 10:10 pm

The way to test whether or not Biden is serious about providing Europe with Petroleum look at what he is doing! It doesn’t add up. He would restart the Portland Pipeline. The Portland Pipeline was put into service during WWII to supply Canadian refineries near Montreal. The Germans were sinking ships all along the Atlantic coast and the shortcut to Montreal was strategic. As the US became more energy independent and Canada was building pipelines the Portland Pipeline went from 16+ ships a month to about one a month. With the Balkin Crude and Tar sands coming on line the intent was to open up European markets to Canadian cruse by reversing the flow of the pipeline. Everyone is screaming about the Keystone XL pipeline which is 1800 miles and could flow 680,000 BBls /day. It would take 2years to complete if the investors dared. the Portland Pipeline is mothballed and it can flow 600,000 bbls /day Portland is the closest US port to Europe. This is instant gratification. We don’t want that do we? Might alleviate a problem he caused. The Canadian energy is ready to flow. It needs the Market. This capacity is roughly 4% of the entire production of Russia and 2/3 of the refineries in Europe can handle the oil. Don’t look at what they say look at what they do. How about a reset?

Kiwi Gary
March 28, 2022 12:21 am

Scratch pad estimation – in order to provide the same megajoule count as the 2021 Russian gas supply, the EU would need 65 of the new Q-class LNG tankers of which there are at present very few [ at almost twice the capacity of the present average LNG tanker ] running at monthly turnaround { return voyages } from the USA to Europe. In perfect conditions, the turnaround could be reduced to 25 days, but I haven’t heard that Murphy has exempt the USA and EU from his law. Russia and China have set 2025 as the time when the second Power-of-Siberia pipeline will be operating, Pakistan has signed up for its own line, and India is giving one close consideration. At that time, Russia will not need the EU market. Can the EU / USA combine build 65 large specialised LNG tankers plus the shoreside infrastructure by 2025? If not, then life in Europe will become rather tedious.

Dan M
March 28, 2022 8:43 am

I can’t help but notice that our LNG export capacity went up by nearly 600% (6x) during the 4 years of the former administration (2bcf/day -> almost 12bcf/day)

If all of the promises Biden made in Europe represent additional capacity, then over the next 8 years we would add about half the amount (4.8bcf/day) that was added during the Trump years (nearly 10bcf/day). Surely we could do better, Biden!

Phineas Sprague
Reply to  Dan M
April 4, 2022 9:07 pm

According to GSA there is aboutv13 trillion cubic feet of gas in the mesazoic basin in the NE. These are the deposits being tapped NY the Canadians now on the other side of the Hague line. No mention of what the Canadians would absolutely love to supply from their politically frustrated reserves.

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