Trump planning to lift Biden's LNG pause, increase oil drilling during 1st days in office: report

[ExpressLane]

Trump planning to lift Biden's LNG pause, increase oil drilling during 1st days in office: report​

President-elect Donald Trump is reportedly planning to focus heavily on two policy changes to boost natural [gas] energy production during his first days in office, according to a new report.

As his second-term agenda takes shape, the president-elect is eyeing immediate changes to current policies on liquefied natural gas (LNG) permits and oil and gas drilling leases, sources familiar with the transition plans told Reuters.

President Biden initiated a pause on new LNG export permits in January, a move which has been widely criticized by the oil community and bipartisan lawmakers in the House. The National Association of Manufacturers conducted a study on the ban that found nearly 1 million jobs would be threatened by the LNG pause over the next two decades if the restriction remains in place, Fox News Digital previously reported.

However, Trump reportedly "plans to go strong on the issue" of LNG exports when he assumes office, sources told Reuters.

President-elect Donald Trump reportedly plans to lift President Biden's pause of liquefied natural gas export permits. (Evan Vucci)

The Republican president-elect plans to lift Biden's pause and allow permits for new LNG exports next year, fulfilling a promise he made frequently while on the campaign trail.

Trump will also seek to increase lease sales for drilling along the coast, expedite permit approval, and expand drilling on federal land, the outlet learned.

The latest report comes as several of Biden's climate-focused initiatives appear to be in jeopardy under the incoming Trump administration.

Trump has talked for months about his plans to roll back Biden's green policies, such as the tax credit for electric vehicle purchases. He also plans to withdraw from the Paris climate accord for the second time, expand fracking, and revive the Keystone XL pipeline, which was canceled on Biden's first day in office. ..

=======================================
Expanding LNG permits creates more American jobs and helps Europe and hurts Russia.

 

[ExpressLane]

Biden's pausing LNG permits and new plant construction on two plants helped Russia.

 

[Kurmugeon]

It will help and is the correct thing to do.

However, the fossil fuel era is coming to a close. We will use all of the available oil, coal, and natural gas.

Before the infrastructure from the fossil fuel era is gone, we need to use that foundation to build its replacement.

I think that means a series of Thorium-Ion power plants, with modern transmission lines to the high electric usage areas, but also, liquid aire production plants, and synthetic hydrocarbon fuel / lubricant / plastic plants, using atmospheric CO2, close coupled to the nuclear power plants.

All of this has to be built while we still have the plastics, steel, mortar, and semiconductors provided by the Fossil Fuel Era.

Building the sustainable infrastructure will take some 40 years, if we work swiftly and stay focused. Must longer if we get distracted by stupid things like huge arrays of less than unity energy gain solar voltaic panels.

We don't have 40 years left of clean Fossil Fuels, and part of the build up of the sustainable system will need to be done burning the dregs of the available fossil fuels, stuff high in sulfur and nitrates, that will do much damage, before the new systems can begin to take the place of the fossil fuels infrastructure.

The Thorium-Ion is an okay approach, but in time, He3 fusion, and eventually D-T fusion will become practical. Maybe 20 years for He3, and 60 years on for D-T fusion.

Yes, drilling and harvesting the fossil fuels is a good thing.

But not building a long term replacement, while we still can, would be asinine!

-

 

[Mott the Hoople]

Trump planning to lift Biden's LNG pause, increase oil drilling during 1st days in office: report​

President-elect Donald Trump is reportedly planning to focus heavily on two policy changes to boost natural [gas] energy production during his first days in office, according to a new report.

As his second-term agenda takes shape, the president-elect is eyeing immediate changes to current policies on liquefied natural gas (LNG) permits and oil and gas drilling leases, sources familiar with the transition plans told Reuters.

President Biden initiated a pause on new LNG export permits in January, a move which has been widely criticized by the oil community and bipartisan lawmakers in the House. The National Association of Manufacturers conducted a study on the ban that found nearly 1 million jobs would be threatened by the LNG pause over the next two decades if the restriction remains in place, Fox News Digital previously reported.

However, Trump reportedly "plans to go strong on the issue" of LNG exports when he assumes office, sources told Reuters.

President-elect Donald Trump reportedly plans to lift President Biden's pause of liquefied natural gas export permits. (Evan Vucci)

The Republican president-elect plans to lift Biden's pause and allow permits for new LNG exports next year, fulfilling a promise he made frequently while on the campaign trail.

Trump will also seek to increase lease sales for drilling along the coast, expedite permit approval, and expand drilling on federal land, the outlet learned.

The latest report comes as several of Biden's climate-focused initiatives appear to be in jeopardy under the incoming Trump administration.

Trump has talked for months about his plans to roll back Biden's green policies, such as the tax credit for electric vehicle purchases. He also plans to withdraw from the Paris climate accord for the second time, expand fracking, and revive the Keystone XL pipeline, which was canceled on Biden's first day in office. ..

=======================================
Expanding LNG permits creates more American jobs and helps Europe and hurts Russia.

Good luck convincing the petroleum industry to do that. If anything they will be cutting domestic production to prevent prices from falling. Don’t you blow hards pay any attention to the market like a good capitalist should?

 

[T. A. Gardner]

Good luck convincing the petroleum industry to do that. If anything they will be cutting domestic production to prevent prices from falling. Don’t you blow hards pay any attention to the market like a good capitalist should?

Or, they'll have plenty of buyers in Europe since the supply from Russia is largely cut off and many European nations are cutting back on production because they elected Greentards to ruin their countries.

 

[serendipity]

Good luck convincing the petroleum industry to do that. If anything they will be cutting domestic production to prevent prices from falling. Don’t you blow hards pay any attention to the market like a good capitalist should?

Saudi Arabia is planning to increase production to screw Putin.

https://www.google.com/url?sa=t&source=web&rct=j&opi=89978449&url=https://www.businessinsider.com/russia-economy-saudi-arabia-oil-price-war-supply-opec-cuts-2024-10%23:~:text%3DSaudi%2520Arabia%2520could%2520flood%2520the,the%25202020%2520oil%2520price%2520war.&ved=2ahUKEwihoe-VzfmJAxVkd2wGHYdXEw8QFnoECAkQBQ&usg=AOvVaw2STPujKkYzdRf9n3Ko-iih

 

[Mott the Hoople]

Or, they'll have plenty of buyers in Europe since the supply from Russia is largely cut off and many European nations are cutting back on production because they elected Greentards to ruin their countries.

Dude you’re in lala land. International crude oil prices have gone down from $84/barrel to $69 in just the last 6 months. LNG pricing has gone down 14% in just the last month. Over production will only bring prices down further and the U.S. under the Biden administration is at record level of production for oil and LNG and has issued historic record high levels of permits and has large numbers of permits for exploration and production that the oil and gas companies are leaving on the table.

Raising production further will lower prices further cutting severely into profits. Last I heard the oil and gas companies aren’t in the habit of losing money.

I happen to work for one of the largest chemical distribution companies in the world. We pay attention to these things as it directly impacts our profits.

The bluster by Trump is just another example of his propaganda for the gullible and uninformed which he is, granted, a past master at.

 

[Mott the Hoople]

It will help and is the correct thing to do.

However, the fossil fuel era is coming to a close. We will use all of the available oil, coal, and natural gas.

Before the infrastructure from the fossil fuel era is gone, we need to use that foundation to build its replacement.

I think that means a series of Thorium-Ion power plants, with modern transmission lines to the high electric usage areas, but also, liquid aire production plants, and synthetic hydrocarbon fuel / lubricant / plastic plants, using atmospheric CO2, close coupled to the nuclear power plants.

All of this has to be built while we still have the plastics, steel, mortar, and semiconductors provided by the Fossil Fuel Era.

Building the sustainable infrastructure will take some 40 years, if we work swiftly and stay focused. Must longer if we get distracted by stupid things like huge arrays of less than unity energy gain solar voltaic panels.

We don't have 40 years left of clean Fossil Fuels, and part of the build up of the sustainable system will need to be done burning the dregs of the available fossil fuels, stuff high in sulfur and nitrates, that will do much damage, before the new systems can begin to take the place of the fossil fuels infrastructure.

The Thorium-Ion is an okay approach, but in time, He3 fusion, and eventually D-T fusion will become practical. Maybe 20 years for He3, and 60 years on for D-T fusion.

Yes, drilling and harvesting the fossil fuels is a good thing.

But not building a long term replacement, while we still can, would be asinine!

-

This is a very interesting and thoughtful post. I’d enjoy discussing this further with you but JPP probably isn’t the best forum to have an intelligent conversation on environmental sustainability because the overwhelming majority of posters on this topic have a political point of view based on arguments from authority and don’t really understand the ecological laws involved and by that I mean the laws of thermodynamics as applied to how energy is transferred and transformed by biological systems.

I have to admit that in a lot of cases I cringe often when the word “sustainability” is used because it’s become a part of MBA jargon that is pretty empty and meaningless but makes you sound like you’re a savy business person with a corporate conscience (which in America is pretty much an oxymoron).

Having said that on the three pillars of environmental sustainability; ecological balance, resource conservation and long-term environmental quality, I am a true subject matter expert on resource conservation with 35 years of experience in the field.

The reason I don’t really care to discuss environmental sustainability here is that it is a subject matter in which part of it is hard science and part of it is social science and most lay folk don’t know where that dividing line is.

End result is the discussion would be distracted by the witless bomb throwers and mudslingers who abound on JPP. Which is why I tend to shy away from discussions on environmental topics on this forum.

 

[Matt Dillon]

It will help and is the correct thing to do.

However, the fossil fuel era is coming to a close. We will use all of the available oil, coal, and natural gas.

Before the infrastructure from the fossil fuel era is gone, we need to use that foundation to build its replacement.

I think that means a series of Thorium-Ion power plants, with modern transmission lines to the high electric usage areas, but also, liquid aire production plants, and synthetic hydrocarbon fuel / lubricant / plastic plants, using atmospheric CO2, close coupled to the nuclear power plants.

All of this has to be built while we still have the plastics, steel, mortar, and semiconductors provided by the Fossil Fuel Era.

Building the sustainable infrastructure will take some 40 years, if we work swiftly and stay focused. Must longer if we get distracted by stupid things like huge arrays of less than unity energy gain solar voltaic panels.

We don't have 40 years left of clean Fossil Fuels, and part of the build up of the sustainable system will need to be done burning the dregs of the available fossil fuels, stuff high in sulfur and nitrates, that will do much damage, before the new systems can begin to take the place of the fossil fuels infrastructure.

The Thorium-Ion is an okay approach, but in time, He3 fusion, and eventually D-T fusion will become practical. Maybe 20 years for He3, and 60 years on for D-T fusion.

Yes, drilling and harvesting the fossil fuels is a good thing.

But not building a long term replacement, while we still can, would be asinine!

-

Dude, cutting out fossil fuels and going to compounded helium? Helium is very rare as it is. No.
That's likely to run out before fossil fuels do.

 

[Kurmugeon]

Dude, cutting out fossil fuels and going to compounded helium? Helium is very rare as it is. No.
That's likely to run out before fossil fuels do.

He3. Not just Helium. It is a rare isotope of Helium that does not exist at all on the surface of planet earth.

Normal Helium is no use at all in achieving fusion energy.

He3 is produced in the outer few hundred miles of the Sun's photo-sphere, and blows out in fair quantities in the solar wind.

Some of that stream has been intercepted by the surface Regolith of the Moon, for the last few billion years.

Each square KM of the moon, has several kilograms of He3 in the top few centimeters.

If you look at the temperature needed to get to two hydrogen atoms within a distance for a fusion event to occur, and call that 100%. Then the He3-He3 reaction only takes 4% of that temperature to achieve fusion.

The D-D reaction (Deuterium) takes 63%. The D-T reaction take 42%.

( I used to work at the national labs, operating a 40 MJ nuclear reactor. I was the guy who charged and fired the machine over 400 times! )

He3 is fusion the easy way.

The Moon will be the Saudi Oil Fields of the 2040s.

-

 

[Matt Dillon]

He3. Not just Helium. It is a rare isotope of Helium that does not exist at all on the surface of planet earth.

Normal Helium is no use at all in achieving fusion energy.

He3 is produced in the outer few hundred miles of the Sun's photo-sphere, and blows out in fair quantities in the solar wind.

Some of that stream has been intercepted by the surface Regolith of the Moon, for the last few billion years.

Each square KM of the moon, has several kilograms of He3 in the top few centimeters.

If you look at the temperature needed to get to two hydrogen atoms within a distance for a fusion event to occur, and call that 100%. Then the He3-He3 reaction only takes 4% of that temperature to achieve fusion.

The D-D reaction (Deuterium) takes 63%. The D-T reaction take 42%.

( I used to work at the national labs, operating a 40 MJ nuclear reactor. I was the guy who charged and fired the machine over 400 times! )

He3 is fusion the easy way.

The Moon will be the Saudi Oil Fields of the 2040s.

-

Yeah, uh...lemme know when you got a tank of that stuff.

 

[Kurmugeon]

Yeah, uh...lemme know when you got a tank of that stuff.

We can't, unless we straighten out NASA, or give Musk a unhindered attempt at it.

We don't need people on the moon to do it, though that would make it allot easier.

The moon is close enough, that remotes can do the work.

There are great things coming to humanity, if we can just get Iran and Ukraine out of the way.

-

 

[ExpressLane]

It will help and is the correct thing to do.

However, the fossil fuel era is coming to a close. We will use all of the available oil, coal, and natural gas.

Before the infrastructure from the fossil fuel era is gone, we need to use that foundation to build its replacement.

I think that means a series of Thorium-Ion power plants, with modern transmission lines to the high electric usage areas, but also, liquid aire production plants, and synthetic hydrocarbon fuel / lubricant / plastic plants, using atmospheric CO2, close coupled to the nuclear power plants.

All of this has to be built while we still have the plastics, steel, mortar, and semiconductors provided by the Fossil Fuel Era.

Building the sustainable infrastructure will take some 40 years, if we work swiftly and stay focused. Must longer if we get distracted by stupid things like huge arrays of less than unity energy gain solar voltaic panels.

We don't have 40 years left of clean Fossil Fuels, and part of the build up of the sustainable system will need to be done burning the dregs of the available fossil fuels, stuff high in sulfur and nitrates, that will do much damage, before the new systems can begin to take the place of the fossil fuels infrastructure.

The Thorium-Ion is an okay approach, but in time, He3 fusion, and eventually D-T fusion will become practical. Maybe 20 years for He3, and 60 years on for D-T fusion.

Yes, drilling and harvesting the fossil fuels is a good thing.

But not building a long term replacement, while we still can, would be asinine!

-

We have more than 40 years left our proven natural gas reserves go up every year and in SIGNIFICANTLY increased in the past decade. But yes we need to transition to nuclear. I think we need 2-3 small foot print nuclear reactors designs that can be pre-approved if built in the right area are needed. Then we could replicate them and improve them because they are all the same. Building different nuclear plants each time is like reinventing the wheel each time. It slows the approval process and a flaw in one plant may not translate to a fix in another plant.

 

[Kurmugeon]

We have more than 40 years left our proven natural gas reserves go up every year and in SIGNIFICANTLY increased in the past decade. But yes we need to transition to nuclear. I think we need 2-3 small foot print nuclear reactors designs that can be pre-approved if built in the right area are needed. Then we could replicate them and improve them because they are all the same. Building different nuclear plants each time is like reinventing the wheel each time. It slows the approval process and a flaw in one plant may not translate to a fix in another plant.

Thorium-Ion... not Ur Rickover Piles.

There really is a huge difference, both in real-time waste separation and over-all safety.

-

 

[Matt Dillon]

Thorium-Ion... not Ur Rickover Piles.

There really is a huge difference, both in real-time waste separation and over-all safety.

-

And how available are the materials for that?

 

[T. A. Gardner]

And how available are the materials for that?

Whether a reactor uses Thorium or Uranium really makes little difference. Between the two, we have something like a 1000 year + supply available.

 

[Kurmugeon]

And how available are the materials for that?

Compared to Uranium, Thorium is 5X more abundant in the earths crust.

That's one of the primary reasons to use it, instead of Uranium.

But there are other reasons, particularly in an Ion Reactor configuration.

The byproducts of Thorium consumption are different than those from Uranium, and the bio-uptake of most of them is considerably smaller, and the type of emission from the waste is higher in photon energy, making it less harmful to humans, in most cases. The emitted ray has much less chance of interacting with an atom inside a person, rather than just passing through.

Higher mu, lower REM. ( REM is Radiation Equivalent Man, a measure not just of energy, rate, and total potential, but of how destructive it is to human being. This is different than the measures of Curies, or Rads. )

The wastes from Thorium, are not harmless, and cannot be treated casually, but they are less likely to cause human harm, than the Uranium stream. The Ur->Cesium stream is particularly deadly.

But building a Thorium Reactor in America, is currently illegal. I know that sounds strange, but, consider the political environment at the time in which that law was made. It was during the peak of Nuclear Bomb Enthusiasm peak during the Cuban Missile Crisis.

The Powers that Be, wanted only Ur Reactors, because the spent fuel rods, could be gleaned through, for weapons grade Ur to make Bombs.

That's why we have Nuclear Reactors all over the nation with 7-12 sets of spent fuel rods in cooling ponds. Those are weapon pits, in an emergency.

Thorium and its byproducts, are useless for Bomb Production.

-

 

[Truth Detector]

Trump planning to lift Biden's LNG pause, increase oil drilling during 1st days in office: report​

President-elect Donald Trump is reportedly planning to focus heavily on two policy changes to boost natural [gas] energy production during his first days in office, according to a new report.

As his second-term agenda takes shape, the president-elect is eyeing immediate changes to current policies on liquefied natural gas (LNG) permits and oil and gas drilling leases, sources familiar with the transition plans told Reuters.

President Biden initiated a pause on new LNG export permits in January, a move which has been widely criticized by the oil community and bipartisan lawmakers in the House. The National Association of Manufacturers conducted a study on the ban that found nearly 1 million jobs would be threatened by the LNG pause over the next two decades if the restriction remains in place, Fox News Digital previously reported.

However, Trump reportedly "plans to go strong on the issue" of LNG exports when he assumes office, sources told Reuters.

President-elect Donald Trump reportedly plans to lift President Biden's pause of liquefied natural gas export permits. (Evan Vucci)

The Republican president-elect plans to lift Biden's pause and allow permits for new LNG exports next year, fulfilling a promise he made frequently while on the campaign trail.

Trump will also seek to increase lease sales for drilling along the coast, expedite permit approval, and expand drilling on federal land, the outlet learned.

The latest report comes as several of Biden's climate-focused initiatives appear to be in jeopardy under the incoming Trump administration.

Trump has talked for months about his plans to roll back Biden's green policies, such as the tax credit for electric vehicle purchases. He also plans to withdraw from the Paris climate accord for the second time, expand fracking, and revive the Keystone XL pipeline, which was canceled on Biden's first day in office. ..

=======================================
Expanding LNG permits creates more American jobs and helps Europe and hurts Russia.

Yeah baby!!!

 

[Truth Detector]

Good luck convincing the petroleum industry to do that. If anything they will be cutting domestic production to prevent prices from falling. Don’t you blow hards pay any attention to the market like a good capitalist should?

Leftist halfwit thinks he knows how economics works.

Hey, dimwitted wonder dunce, is that why you voted for morons like Joey and Kamalalala?

 

[Truth Detector]

Dude you’re in lala land. International crude oil prices have gone down from $84/barrel to $69 in just the last 6 months. LNG pricing has gone down 14% in just the last month. Over production will only bring prices down further and the U.S. under the Biden administration is at record level of production for oil and LNG and has issued historic record high levels of permits and has large numbers of permits for exploration and production that the oil and gas companies are leaving on the table.

Raising production further will lower prices further cutting severely into profits. Last I heard the oil and gas companies aren’t in the habit of losing money.

I happen to work for one of the largest chemical distribution companies in the world. We pay attention to these things as it directly impacts our profits.

The bluster by Trump is just another example of his propaganda for the gullible and uninformed which he is, granted, a past master at.

So with all this assumed over production going on, why are prices so high?