My group had signed contracts with KOGAS in S. Korea with their billionaires pledging investment to construct LNG terminals in Long Beach, CA and in New Jersey. The contract was conditional on obtaining approval of an export license.
I foresee LNG terminal construction on both coasts of the USA with NG piped into the LNG terminals from oil-producing regions.
So your observations of burning NG may fade in the next few years.
A strong LNG export infrastructure will make the USA the biggest seller of NG in the world, and that will really hurt the Russians.
I don’t think the President wants to deliberately hurt the Russians but for sure he’s interested in helping domestic exporters as long as pricing here at home brings benefits to Americans.
How US-Russia relations will evolve I am not sure. The Russians will be happy if their cash cow is not starved to death. It will be interesting to see how everyone adjusts.
The four affiliated tribes has put a stop to the burning off the natural gas on reservation ground. MCKenzie county nd
They want the money
From what I have read and have been briefed the Russians really need at least $80/barrel to fully fund their country, especially their military. A couple reports I saw stated they needed $100/barrel. All these new weapons they are claiming are not real as they do not have the money to fund such weapon systems and as long as we can keep the price of oil down they cannot develop much of anything that can hold the US in danger.