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Natural Gas
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NE Ridger
Posted 2/15/2024 21:09 (#10625161 - in reply to #10625074)
Subject: RE: Natural Gas


EC Nebraska
Cole Sibley - 2/15/2024 20:19

.gov has banned permits for exporting more lng, pending further environmental study.

https://energycommerce.house.gov/posts/myth-vs-fact-on-biden-s-lng-e...

It just takes the stroke of a pen fellas, and any one of us (or all of us) are in for some real pain, not like this nice stuff we've been getting so far.

I caved in and ate my losses. I never have been able to compete with the .gov.


Can someone clarify if that ban affects existing LNG facilities?

Is this a ban on LNG exports, or a ban on new LNG export facilities?

If you haven't seen it, Peter Zeihan has a video out where he says that there are enough LNG export facilities under construction or already permitted to triple our LNG exports. And that this "ban" is only a freeze on new permits for new export facilities. It doesn't affect existing or already permitted facilities.

If what he says is correct, I'm not so sure this is a big deal. But that's only one source, so I'm asking here if there's more to it.

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