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Natural Gas
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H3f
Posted 2/15/2024 22:35 (#10625273 - in reply to #10625161)
Subject: RE: Natural Gas


Pretty sure it does not affect existing facilities. It is a pause on permitting new facilities pending review. I believe I saw one article suggesting export capacity could exceed production if all pending were permitted.

https://time.com/6589664/biden-lng-export-terminal-pause-what-to-kno...

"Seven LNG terminals are currently operating in the U.S., mostly in Louisiana and Texas, with up to five more expected to come online in the next few years. Biden's action would not affect those projects, but could delay a dozen or more LNG projects that are pending or in various stages of planning."

There is more in the above article.

https://www.naturalgasintel.com/u-s-lng-permits-are-frozen-what-now-...

https://www.forbes.com/sites/ianpalmer/2024/01/30/what-the-president...
"For comparison, in the U.S. oil and gas is responsible for about 30% of all man-made methane emissions." -- I wonder how this compares to methare from cattle?

But not to worry, the house is coming to the rescue ;-)
https://justthenews.com/politics-policy/energy/house-passes-bill-wil...


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