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To: BeauBo
Henry Hub is at 9.20 per mmBtu.

That's roughly 90 cents a therm for the US consumer - nearly triple the cost a year ago.

How is that winning?

I suppose if you're Joe Biteme, Kammy the Airhead or Humpher Biden, it's all peachy, because the US taxpeasants are splashing out to cover THEIR bills...

8 posted on 08/22/2022 11:10:41 AM PDT by kiryandil (China Joe and Paycheck Hunter - the Chink in America's defenses)
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To: kiryandil

“ How is that winning”

America is taking as much of Russia’s former market share, as it can eat. It is a feast.

This is a long term shift. Long term contracts are signed and infrastructure is being built. Long term revenue streams like that are rare indeed.

Putin has killed the goose that laid the golden eggs for Russia - decades of effort to build that business have been squandered.

America and many others will make that money in the future, instead of Russia.


28 posted on 08/22/2022 11:44:53 AM PDT by BeauBo ( )
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