Biden admin increasing US NG production

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DaaQ

Platinum Member
Dec 8, 2018
2,026
1,439
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How many people you know work in the oil patch up here? Pika oil field got shut down ... that would have employed up to 2000 hands this winter, ANWR got shut down which means all those drillers who were scheduled to drill there this winter (we only drill here in the winter months) are out of a job which means hundreds of hands and when that field goes into development it means thousands of jobs .. but thanks to Biden it won't be developed anytime soon.
Cause I have, and I am local to the area that employs me. Thankfully it takes too long to replace me, so I am somewhat insulated, somewhat.
 

Why_Me

Member
Mar 31, 2022
69
40
51
You ever thought your EMPLOYERS were lying to you? Seriously.
The oil industry in Alaska is our lifeblood. When an oilfield is shut down up here the news spreads across one end of the field to the other within a few hours. I've worked in this industry for decades now and yes I did provide links so that post of yours in the quote is bizzare to say the least
 

alien42

Lifer
Nov 28, 2004
12,870
3,299
136
Meanwhile ask @alien42 for a link. Seriously do you people even read the news?

https://apnews.com/article/climate-business-environment-and-nature-91f740cbd9f5f872fcdee911ff5f8026

https://www.reuters.com/business/su...court-loss-gulf-mexcio-oil-leases-2022-01-28/

https://www.politico.com/news/2021/01/20/joe-biden-kills-keystone-xl-pipeline-permit-460555


The first link is regarding new oil and gas leases, not existing leases.

The second link is about a Federal judge halting a lease auction the Biden admin was going to have. Seriously, do you even read what you post?

The third link is about a pipeline being cancelled, not production.

In other words when I said the Biden admin hasn't shut down any existing production, I was correct and your response was a lie
 
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woolfe9998

Lifer
Apr 8, 2013
16,242
14,243
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Short term I support doing this. Putin is jacking the EU around on NG right now, threatening to limit NG to them if they don't pay in Rubles, because he's trying to prop up the Ruble. The EU has said no, so in theory Russia will start decreasing NG sales to them end of April or early May. They could be facing serious energy rationing.

EU needs to be able to thumb their nose at Russian NG, which will put the final nail in their coffin economically. But renewables won't be sufficiently ramped up to do that for at least 10 years, even at an accelerated pace. So in the meantime, they have to get NG elsewhere.
 

K1052

Elite Member
Aug 21, 2003
53,137
47,334
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Short term I support doing this. Putin is jacking the EU around on NG right now, threatening to limit NG to them if they don't pay in Rubles, because he's trying to prop up the Ruble. The EU has said no, so in theory Russia will start decreasing NG sales to them end of April or early May. They could be facing serious energy rationing.

EU needs to be able to thumb their nose at Russian NG, which will put the final nail in their coffin economically. But renewables won't be sufficiently ramped up to do that for at least 10 years, even at an accelerated pace. So in the meantime, they have to get NG elsewhere.

Interest in green hydrogen and ammonia projects has gone through the roof, especially in Europe. Industrial users are especially dependent on cheap gas are moving. LNG is expensive to they're not going to want to be on it forever but do need a bridge. Overall gas usage destined to crater.
 

zinfamous

No Lifer
Jul 12, 2006
111,904
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I work in the oil industry and he's shut down entire oil fields here in Alaska along with new drilling on Federal lands not to mention he's killed off two major pipelines. Try again.

No you don't. And no he didn't.

He maintained the no new drilling bit, which is, in no way, the same as shutting down production.
 

woolfe9998

Lifer
Apr 8, 2013
16,242
14,243
136
Interest in green hydrogen and ammonia projects has gone through the roof, especially in Europe. Industrial users are especially dependent on cheap gas are moving. LNG is expensive to they're not going to want to be on it forever but do need a bridge. Overall gas usage destined to crater.

I read somewhere that if EU adds green energy capacity at double the rate they've been adding it for the past 3 years, it will take 10 years to be off Russian NG. And Russian NG is only 40% of the NG they use. So if they can do it at 3x or 4x the rate, that would be much better.
 

Ajay

Lifer
Jan 8, 2001
16,094
8,114
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I read somewhere that if EU adds green energy capacity at double the rate they've been adding it for the past 3 years, it will take 10 years to be off Russian NG. And Russian NG is only 40% of the NG they use. So if they can do it at 3x or 4x the rate, that would be much better.
Adding more LNG ports should help as well. Poland had a large one that was going to be built, but got delayed. Not sure where that is at. It's expensive, but some NG will still be needed 10 years from now anyway, for industrial usage - so it's not like all that infrastructure will go into a black hole.
 
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Zorba

Lifer
Oct 22, 1999
15,613
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Adding more LNG ports should help as well. Poland had a large one that was going to be built, but got delayed. Not sure where that is at. It's expensive, but some NG will still be needed 10 years from now anyway, for industrial usage - so it's not like all that infrastructure will go into a black hole.
A ton of new ships are moving to LNG instead of heavy bunker oil, too.
 
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K1052

Elite Member
Aug 21, 2003
53,137
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I read somewhere that if EU adds green energy capacity at double the rate they've been adding it for the past 3 years, it will take 10 years to be off Russian NG. And Russian NG is only 40% of the NG they use. So if they can do it at 3x or 4x the rate, that would be much better.

The strategy to get rid of RU gas has a few prongs: 1) LNG imports 3) hydrogen/ammonia capacity (fueled by huge renewable growth) 3) switch home heating to heat pumps from gas.
 

iRONic

Diamond Member
Jan 28, 2006
8,409
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I HOPE the suppliers covering the energy EU needs to make up the difference from RU imports don’t gouge on price.
 

theeedude

Lifer
Feb 5, 2006
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I HOPE the suppliers covering the energy EU needs to make up the difference from RU imports don’t gouge on price.
It's set by supply and demand since US isn't the only supplier of LNG. But I suspect it will still be a lot more expensive since it needs to be sent by ship instead of pipes which are already sunk cost. I wonder how well European chemical industry can compete globally with structurally higher input costs than US competitors, and China which might get Russian gas at a steep discount.
 

K1052

Elite Member
Aug 21, 2003
53,137
47,334
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It's set by supply and demand since US isn't the only supplier of LNG. But I suspect it will still be a lot more expensive since it needs to be sent by ship instead of pipes which are already sunk cost. I wonder how well European chemical industry can compete globally with structurally higher input costs than US competitors, and China which might get Russian gas at a steep discount.

Pipeline capacity from Russia to China is quite limited. Most of the their fields are set up exclusively for export to Europe. It’s not going to easy or cheap to reorient for China. Doable long term but not in the next few years.
 

Zorba

Lifer
Oct 22, 1999
15,613
11,256
136
It's a major source of pollution around Long Beach, CA. (bunker oil)
Now they should be running diesel or scrubbers within 200 miles of the US. Still get a lot of pollution, but not the sulphur at least.
 

UNCjigga

Lifer
Dec 12, 2000
25,628
10,333
136
I think I read the UK is looking to fast track 7 new nuclear power plants—nuclear is also back on the table for a number of EU countries. Good.

 

hal2kilo

Lifer
Feb 24, 2009
26,280
12,450
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I think I read the UK is looking to fast track 7 new nuclear power plants—nuclear is also back on the table for a number of EU countries. Good.

I hope sending the waste into the sun becomes a viable option.