“simply by building more coal and nuclear power plants, and importing reliable Middle Eastern LNG”
Greta says no.
If we had ham, we could have ham and eggs.
If we had eggs.
If we had reliable Middle Eastern LNG, we could import it with our LNG re-gasification terminals.
If we had LNG re-gasification terminals.
Henry Hub pipeline natgas is at 6.63 per MMBtu. Dutch TTF LNG is at 40.286 per MMBtu.
Two gas stations - one right in front of you with gas for 5 bucks a gallon, the other you have to get a 4 wheel drive vehicle to drive up a washed-out road up a mountain to fill a bunch of gas cans to fuel your car. The price up top is 30 bucks a gallon.
Which one does the Smart Money go with?