Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
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by Cat on Sat Sep 3rd, 2022 at 01:41:01 PM EST
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by Cat on Sat Sep 3rd, 2022 at 06:14:09 PM EST
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Meet The Bronx-Born Billionaire Exporting America's Shale Gas Bonanza
"Having spent $14 billion, he now owns a controlling interest in Freeport LNG, which chills and exports 2 billion cubic feet of natural gas per day, most of it so-called shale gas, horizontally drilled, hydraulically fracked." in theory.
by Cat on Mon Sep 5th, 2022 at 12:16:37 AM EST
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500 years G7 supply chain arbitrage d/b/a re-export, "globalism," and "factoryless production" grinding to a close happens to coincide with a concerted, patronizing effort by G7 concern trolls to enforce prix fixe/bbl/mcf and bid-rigging worldwide on upstream "energy" sources.

IEA | U.S. Natural Gas [modal] Exports and Re-Exports by [destination] Country, MoM Jan-June 2022
N.B. USD price W = "Withheld to avoid disclosure of individual company data."

IEA | NATURAL GAS projection, illustrated
• Global gas-to-liquids [LNG] growth is dominated by two [GTL] projects in South Africa and Uzbekistan; also implausible  Nigeria, Qatar CapEx, 2005-2040
• Underground Natural Gas Working Storage Capacity, contiguous USA: decline
• U.S. Crude Oil and Natural Gas Proved Reserves, YE 2020: decline, decline respectively
• Perspectives on the Development of LNG Market Hubs in the Asia Pacific Region: whine

Global liquefaction capacity is projected to increase by one-third by 2020.
[obsolete info]
Asian markets lack a transparent pricing benchmark.
Although Asia is the major natural gas-consuming region (accounting for one-third of the global natural gas trade and three-quarters of the global LNG trade), the region lacks a liquid and transparent LNG pricing benchmark similar to the Henry Hub in the United States or the National Balancing Point in the United Kingdom...
[...]
Multiple initiatives are underway to facilitate price discovery in Asian LNG markets
Japan, China, and Singapore are now developing regional trading hubs in Asia Pacific markets and have launched LNG pricing indexes to increase the transparency in price formation. ...
African OPEC members reject oil price cuts-Moustache (1981)
OPEC Fund | The path to Africa's energy transition, 2021
Africa must forgo gas exploration to avert climate disaster-Guterres, 2022
Africa Report | 'We are not the problem' - Africa insists on gas as transition fuel, 2022
2%, 3.4%, 9% continental contribution to GHG emissions depending on phase of the moon afflicting ICCP-Green Deal studies to date

supra S&P Global Commodity Insight embargo, IEA origin story

by Cat on Mon Sep 5th, 2022 at 07:04:36 PM EST
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archived
hiring freeze and full employment
zero percent inflation and negative numbers

NEW!
Bloomberg | Yellen Says No Strong Labor Market in Long Run If Inflation High, 9/11

..."The Fed is going to need great skill and also some good luck to achieve what we sometimes call a soft landing," Yellen said Sunday in an interview on CNN's "State of the Union."
[...]
The Treasury chief also said the US economy's growth rate was slowing, a natural consequence of rising rates, though the labor market remained "exceptionally strong" with almost two vacancies [JOLTS series] for every worker looking for a job....
The Hill | How long COVID is impacting the nationwide labor shortage, 5 Sep
... Roughly 16 million working-age Americans said they had long COVID in a June survey conducted by the Census Bureau, but it's unclear how many of them are still too sick to work....
supra How will OFAC enforce the [Russian-origin oil] price cap?
by Cat on Sun Sep 11th, 2022 at 09:42:45 PM EST
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FedEx issues ominous warning about the global economy, shares tumble, 16 Sep
"Global volumes declined as macroeconomic trends significantly worsened later in the quarter, both internationally and in the U.S." FedEx CEO Raj Subramaniam warned in the release.
[...]
Cost-cutting measures outlined by FedEx include reducing flights, temporarily parking aircraft, closing more than 90 FedEx office locations, and deferring hiring plans....
by Cat on Thu Sep 15th, 2022 at 11:18:40 PM EST
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White House | Executive Order on the Implementation of the Energy and Infrastructure Provisions of the Inflation Reduction Act of 2022, 12 Sep
Sec. 4.  Interagency Coordination.  (a)  To further the robust implementation of the energy and infrastructure provisions of the Act, Executive Order 14008 is amended as follows:...
archived so abstract as to be useless in practice in Energy as a System, Systems as Synergy
by Cat on Fri Sep 16th, 2022 at 05:22:31 PM EST
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