Skip to comments.Nations dependent on Russian supplies plead for US gas exports
Posted on 03/12/2014 7:03:44 AM PDT by SeekAndFind
Fracking is a strategic weapon in the US arsenal that, instead of costing billions of dollars, actually generates tax revenues and prosperity. It should be obvious that rapid expansion of gas production and gas export terminals is an imperative for the economy and national security. It already is obvious to counties in Europe that face Russian blackmail over their natural gas supplies. Jonathan Broder reports in Roll Call:
Over the past few weeks, ambassadors from Eastern and Central Europe, the Baltic states and Greece have met with Republican members of the House Energy and Commerce Committee, including Chairman Fred Upton of Michigan andEdward Whitfield of Kentucky, to plead for a liberalization of the laws and regulations that limit U.S. gas exports. They also have conferred with Republican Michael R. Turner of Ohio, who sits on the Armed Services and Oversight and Government Reform panels.
In this “year of action” promised by President Obama, there are a number of moves that could be made to advance the win-win strategy of gas exports:
There is no ban on U.S. gas exports, but U.S. law only expedites them to countries that have free-trade agreements with the United States.
(Excerpt) Read more at americanthinker.com ...
Putin is a serious Russian nationalist who is trying to rebuild his country after eighty years of material and spiritual degradation. The contrast with Obama is apparent, embarrassing and enlightening.
Send them solar panels, wind turbines and Volts.
While I would like to see our exports increase, hopefully not at the expense of raising prices for us here at home, the euro slobs did everything they could to get into this situation including helping to elect this POS in charge through illegal donations and influence.
They can go piss up a tree.
I am tired of the US bailing everyone out and getting craped on in return.
They will forget our goodwill at the drop of a hat.
I would tell them to get off their dead butts and drop their socialist attitudes, restore the natural born rights they have taken away, get rid of thier police states, expel the muzzies and then we would talk.
Other wise they can sit and stew until Russia comes and takes them over.
Euro weenies. PHHHHTT.
The proposed terminal in Warrenton was hitting similar friction...the same crowd that killed the lumber industry for all of rural/conservative Oregon...at least the Warrenton terminal seems on track (for now).
I feel your pain.
Couldn’t have said it better myself.
Uh, let me think about it. NO!
RE: Uh, let me think about it. NO!
All the more reason for Obama to oppose energy independence.
Us first and second. Everyone else can stand at the back of the line.
Obama has already approved 6 LNG export permits. The first one was in April 2012(Cheniere) and the last one was Feb 2014(Sempra). The Cheniere plant is supposed to go online in 2015.
You have to do this gradually. Approve one and see how the futures market responds. They need and want the price of nat gas to go up so coal and renewables can be more competitive, but they don't want the price of nat gas to surge.
The premise behind the article is faulty. The federal govt doesn't tell these private sector companies what to do with their product. The feds won't tell Cheniere to not sell to the Japan utility and send it to Ukraine instead.
What benefit is it to us to embargo countries which have historically been friendly and express no ill will now? What, are we a bunch of Islamists, embargoing the free flow of oil at market prices? Should we join OPEC?
I don’t think I said anything about an embargo.
Nor did the article.
RE: Us first and second. Everyone else can stand at the back of the line.
Nobody is saying that we should not prioritize American consumers. But that does not mean we can’t export what we produce. Canada and Mexico do that and they don’t want for energy.
We have MORE THAN ENOUGH for ourselves AND exports.
Whats the difference between forbidding exports, as the government does, and embargoing the countries which want to import from us???
See this thread... for one...
I see the thread, which speaks of Europeans asserting essentially trade mark protection from competition, in order to try to sell more cheese. I dont see them trying to prevent cheese from leaving europe even tho we want to buy it. Theyre trying to promote their own exports, not hinder them. We OTOH are preventing our own producers from exporting - a reverse Mercantilism strategy. Which makes even less sense than standard mercantilism, if that is possible.
I think we are not on the same page.
I am not against the building of infrastructure for exports and etc. Far from it. Increasing exports is something I am all for.
As long as it does not result in increased prices here, etc.
My beef is that these weenies always want us to bail them out of their situations they got themselves into.
We do and then they become all smug and superior.
Also I don’t think we should be helping support heir socialist crap.
As long as it does not result in increased prices here
. . . but of course, any increase in demand, from abroad or here at home, causes an increase in price at least initially. If in fact the potential production is as vast as the shale plays have indicated, the increase may not be permanent - and the increased market might tend to make the price actually more stable, in the medium term. In the very long term, of course, doubling production rates would ultimately have to increase the price.
I guess I just have to protest that the idea that other people should freeze in the dark so we dont have to pay 10% higher prices is in its own right socialist crap."
“While I would like to see our exports increase, hopefully not at the expense of raising prices for us here at home...”
Seems unlikely that we can have our cake and eat it too here. Maybe with some kind of domestic subsidies, but of course, all the powerful interests will scream bloody murder over subsidies because they are not the “free market” thing to do. No one has even seriously proposed subsidies that I am aware of.
In all likelihood, exporting gas will raise electric rates, raise home heating costs and make American industries, especially energy intensive heavy industry, were the middle class manufacturing jobs are, less competitive.
I don’t think this price is worth paying to prop up the slugs and weasels in Europe.