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“ “We appreciate that the [Joe] Biden administration has been working with European allies to expand fuel exports to Europe. A similar effort should be made for New England,” a group of governors from New England wrote in a letter to Energy Secretary Jennifer Granholm this summer, per a Financial Times report.
The governors then went on to call on the administration to make sure there was enough LNG for American consumers, essentially asking politicians to reduce LNG exports. This does not bode well for balance in the U.S. gas market.”
Should help make us stay competitive. Haven’t we transitioned to LNG as a bridge fuel for electrical generation throughout the country? May not need that 3/4% interest rate raise. Maybe demand destruction will happen thru the input channel? Dunno. Economic time may be gaining speed.
