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To: Oldeconomybuyer
...to end lignite-based electricity generation in 2030 as part of a deal reached with the government.

These people do not deserve our sympathy. Let them freeze while they pat themselves on their backs for being good climate warriors.

What utter fools. We had better not ship them one unit of LNG or oil from our reserves.

4 posted on 10/04/2022 6:53:48 AM PDT by Obadiah (Finishing is better than starting.)
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To: Obadiah

“We had better not ship them one unit of LNG”

That is the problem. The LNG being produced on the east coast of the US is worth more shipped to Europe than it is to somewhere in the US such as Boston. Therefore, Eversource(the largest electric utility in New England) had to ask for a rate increase because their coast of natural gas has gone up so much in the last two years.

Once that LNG is loaded onto a ship in Baltimore or Houston the freight cost to ship it to Europe vs the east coast of the US is not that big of a difference. Yet the value in Europe is about 4x the value in the USA.


18 posted on 10/04/2022 7:15:22 AM PDT by woodbutcher1963
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