Louisiana Companies Hardest Hit by Biden Pause On Pending Approvals of LNG Exports

Louisiana's energy sector endures constant attack from Democrat activist politicians

Climate change is the existential threat of our time –

and we must act with the urgency it demands

President Joe Biden

Also Joe Biden:

Kiddo, I want you to just take a look, ok? You don’t have to agree but I want you to look in my eyes: I guarantee you, I guarantee you we’re gonna end fossil fuel and I’m not gonna cooperate with them, ok?

Also Joe Biden:

We’re gonna need oil for at least another decade

Also Joe Biden:

The Biden Administration has today announced a pause in LNG exports to non-Free Trade Agreement nations, landing a major blow in the Democrat attack on Louisiana’s power and industrial sectors…

From the White House:

Today, the Biden-Harris Administration is announcing a temporary pause on pending decisions on exports of Liquefied Natural Gas (LNG) to non-FTA countries until the Department of Energy can update the underlying analyses for authorizations.

Noting those current analyses used by the Dept of Energy are five years old -obviously inadequate for government work - the Biden Administration is considering…

… potential energy cost increases for American consumers and manufacturers…

Ok, not so bad so far. And…

… the impact of greenhouse gas emissions.

There it is!!

And to stay truly hewn to “the science,” Biden uses the words “evolving” and “understanding,” as in…

Today, we have an evolving understanding of the market need for LNG, the long-term supply of LNG, and the perilous impacts of methane on our planet.

To establish his leftist bona fides, he uses the words “frontline” and “communities,” as in…

We also must adequately guard against risks to the health of our communities, especially frontline communities in the United States who disproportionately shoulder the burden of pollution from new export facilities.

And to not overly shake and rattle American allies in Europe, he establishes standing and uses the words “unwavering” and “commitment,” as in…

The U.S. is already the number one exporter of LNG worldwide – with U.S. LNG exports expected to double by the end of this decade. At the same time, the U.S. remains unwavering in our commitment to supporting our allies around the world. Today’s announcement will not impact our ability to continue supplying LNG to our allies in the near-term.

So today’s announcement may impact supplies in the long-term? even to European allies?

Joe Biden is frothing out of both sides of his aged mouth:

Through existing LNG production and export infrastructure, the U.S. has – and will continue – to deliver for our allies.

And never allow a crisis to go to political waste…

As Republicans in Congress continue to deny the very existence of climate change while attempting to strip their constituents of the economic, environmental and health benefits of the President’s historic climate investments, the Biden-Harris Administration will continue to lead the way in ambitious climate action while ensuring the American economy remains the envy of the world.

What trash thinking, all this.

And it’s likely intended by Biden as punishment for Greg Abbott over the Texas border crisis stance.

But Louisiana will bear the brunt of the despicable action taken by the President, a true tyrant-wannabe!

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And it’s impacting Louisiana, as Joe Biden puts the hurt on our companies, as reported by Reuter’s (highlights mine):

Jan 26 (Reuters) - U.S. President Joe Biden's administration on Friday announced a pause on pending and future permits to export liquefied natural gas (LNG) to non-Free Trade Agreement countries until the Department of Energy finishes a new review of climate impacts.

Many companies have been waiting for the U.S. to green light licenses to export LNG to their chosen destinations as demand for the super-chilled gas continues to rise, especially in Europe.

The following is a list of companies potentially impacted by the announced suspension on new export-permit approvals:

- Commonwealth LNG has been waiting since November 2022 for approval for its 9.3 million-metric-tonnes-per-annum (mtpa) LNG export facility in Cameron, Louisiana. The firm has reached agreements for just about 50% of capacity and was targeting a final investment decision this year.

- Sempra's Port Arthur, Texas, LNG's trains 3 and 4, capable of producing up to 13.5 mtpa, applied for authorization from DOE in September 2023. The facility's Phase 2 represents an expansion on the already producing first phase.

- Energy Transfer re-applied for an export permit for its Lake Charles LNG facility in Louisiana after its original permit expired without completing construction. It sought a new non-FTA license in August 2023.

- Glenfarne Group's Magnolia LNG, which expects to produce 8.8 mtpa of LNG at a facility in Louisiana, also refiled its permit, but the company has not provided details on dates. The project has not moved forward.

Two other LNG projects are awaiting U.S. Federal Energy Regulatory Commission (FERC) approvals, which must be received before the DOE will consider an export permit. The soonest FERC could vote would be in February. If approved by FERC, the two also would also be subject to the export-permit moratorium.

They are:

- Venture Global LNG's Calcasieu Pass 2 plant, part of a proposed 20 mtpa expansion of its existing Louisiana facility. It is awaiting FERC approval to begin construction.

- Cheniere Energy's Midscale Trains 8 and 9 project, which is in an early filing stage before the FERC. [Cheniere Energy owns and operates Sabine Pass LNG terminal located in Cameron Parish, Louisiana.]

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As devastating is the official statement from the White House, the press release serves far more effectively as indicative of Democrat arrogance and presumption, their outright willingness to lie, and destroy human achievement.

Also Joe Biden:

“In every corner of the country and the world, people are suffering the devastating toll of climate change. Historic hurricanes and floods wiping out homes, businesses, and houses of worship. Wildfires destroying whole neighborhoods and forcing families to leave their communities behind. Record temperatures affecting the lives and livelihoods of millions of Americans, especially the most vulnerable.

While very few people deny that global temperatures have seen a recent rise, the presumption here is a stretch; it’s not proven that CO2 is the cause of the warming.

But nothing slows the self-aggrandizement…

“From Day One, my Administration has set the United States on an unprecedented course to tackle the climate crisis at home and abroad – securing the largest climate investment in the history of the world, unlocking clean energy breakthroughs that will power a clean economy and create thousands of jobs, advancing environmental justice for all, and rallying world leaders to transition away from the fossil fuels that jeopardize our planet and our people. But more action is needed.

Imagine believing you can bend to your will the weather that will happen in a century’s time…

This pause on new LNG approvals sees the climate crisis for what it is: the existential threat of our time.

Atheism is “the existential threat of our time,” actually.

And it’s an election year, so…

While MAGA Republicans willfully deny the urgency of the climate crisis, condemning the American people to a dangerous future, my Administration will not be complacent. We will not cede to special interests.

Joe Biden takes his energy policy advice from children, which has become quite evident…

We will heed the calls of young people and frontline communities who are using their voices to demand action from those with the power to act. And as America has always done, we will turn crisis into opportunity – creating clean energy jobs, improving quality of life, and building a more hopeful future for our children.”

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Joe Biden’s energy policies wreck Louisiana’s oil and gas industry.

And don’t trust old Joe as far as you can throw him left-handed about “renewables” and “green energy,” which combine as the most expensive money scam since the 2008 government-induced money scam.

FJB

the bec

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