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Tariffs and Potential Inflation

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BigHornRam said:
Orange man wants to lower oil price. Time will tell if this strategy works.

ukrainetoday.org

Trump publicly calls on Saudi Arabia to lower oil prices for Ukraine

Yuri Kobzar18:31, 23.01.25 The American president is surprised that this has not been done before. Low world oil prices will help end the war in Ukraine , so Saudi Arabia, one of the world’s …
ukrainetoday.org ukrainetoday.org
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Don't forget to add his demand for lower rates to the list of guano he piled on the Davos elites. Congress needs to get his cabinet confirmed ASAP. I am guessing it will be about 3 months before they start hiding him in a closet like they did Biden.

 
BigHornRam said:
Back so soon. I thought you tapped out this morning?😉
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I just can't say 'No' to you. ;) And that was a crazy Zoom call.

SA promised $600B in new trade and investment to the US and Trump's like "Oh, and one other thing, wreck your economy for me."

noharleyyet said:
...sure about that?
Click to expand...
Not sure about anything. It may be two months.
 
BigHornRam said:
Orange Man tariff news in this one.

oilprice.com

Uniper: More U.S. LNG Flows to Europe Will Relieve Gas Markets | OilPrice.com

Trump advocates for increased U.S. LNG exports to Europe, promising relief for German energy costs while reshaping global gas markets.
oilprice.com oilprice.com
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One of the competitive advantages that the US economy has enjoyed is low natural gas prices, compared to...say...Europe.

If and when we ramp up LNG exports, that advantage will diminish or disappear. It will also raise the price we pay to heat our homes.
 
406dn said:
One of the competitive advantages that the US economy has enjoyed is low natural gas prices, compared to...say...Europe.

If and when we ramp up LNG exports, that advantage will diminish or disappear. It will also raise the price we pay to heat our homes.
Click to expand...
@SAJ-99 was crying yesterday that nat gas was going back to $2 because of trump. Now you are worried it is going to spike because trump wants to sell to Europe. You guys need to get together and work your stories out!

SAJ-99 yesterday!

"The Executive order to end the LNG permitting, declaration of an Energy Emergency and the like is all done to talk down the price of Nat gas, which was $4.20 last week ($3.90 now). Ironically, the reason Biden put on the Exec order last year was to lower nat gas prices. All of this is just show right now. No energy company is going to ramp up drilling without some indication that demand is there, and they know Saudis and OPEC are sitting on excess capacity. The entire energy market feels stuck. Nat gas seems headed back to a 2-handle by Spring. The market remains oversupplied."
 
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BigHornRam said:
@SAJ-99 was crying yesterday that nat gas was going back to $2 because of trump. Now you are worried it is going to spike because trump wants to sell to Europe. You guys need to get together and work your stories out!
Click to expand...
Should I just give you my login so you can write stuff for me and so you can understand it? I wasn't "crying" about anything. Just giving an opinion. And it isn't even like I'm saying anything radical. The NG price has been between $1.5 and $3.5 for two years until this recent bump.

We ship a lot of LNG to Europe, nothing was stopped in reality, only in the mind of Fox viewers. Export demand is expected to double in the next 5 years, if permits can get through the courts and plants get built. Trump asking them to buy more isn't going to matter. It is a fully supplied market and they only have so much storage (Germany currently at 66% full, half way through winter.).10-day forecast for Berlin shows highs in the 40's. Have to have colder weather for them to use more now, then they refill in summer. If it makes you feel better, EIA (big bad gubment) is forecasting nat gas prices to increase this year and in 2026. Place your bets.
 
SAJ-99 said:
Should I just give you my login so you can write stuff for me and so you can understand it? I wasn't "crying" about anything. Just giving an opinion. And it isn't even like I'm saying anything radical. The NG price has been between $1.5 and $3.5 for two years until this recent bump.

We ship a lot of LNG to Europe, nothing was stopped in reality, only in the mind of Fox viewers. Export demand is expected to double in the next 5 years, if permits can get through the courts and plants get built. Trump asking them to buy more isn't going to matter. It is a fully supplied market and they only have so much storage (Germany currently at 66% full, half way through winter.).10-day forecast for Berlin shows highs in the 40's. Have to have colder weather for them to use more now, then they refill in summer. If it makes you feel better, EIA (big bad gubment) is forecasting nat gas prices to increase this year and in 2026. Place your bets.
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Closet Joe didn't put a halt on LNG permitting to lower NG prices here. He used a "study" to halt it.

"On his first day in office, the President lifted a so-called pause on new LNG export terminal construction that the Biden administration imposed on the industry following one study that claimed LNG exports had a higher carbon footprint than coal."
 
BigHornRam said:
Closet Joe didn't put a halt on LNG permitting to lower NG prices here. He used a "study" to halt it.

"On his first day in office, the President lifted a so-called pause on new LNG export terminal construction that the Biden administration imposed on the industry following one study that claimed LNG exports had a higher carbon footprint than coal."
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Got it. Media story that supports your view = good. Media story that you disagree with = biased liberal rag.
 
BigHornRam said:
@SAJ-99 was crying yesterday that nat gas was going back to $2 because of trump. Now you are worried it is going to spike because trump wants to sell to Europe. You guys need to get together and work your stories out!

SAJ-99 yesterday!

"The Executive order to end the LNG permitting, declaration of an Energy Emergency and the like is all done to talk down the price of Nat gas, which was $4.20 last week ($3.90 now). Ironically, the reason Biden put on the Exec order last year was to lower nat gas prices. All of this is just show right now. No energy company is going to ramp up drilling without some indication that demand is there, and they know Saudis and OPEC are sitting on excess capacity. The entire energy market feels stuck. Nat gas seems headed back to a 2-handle by Spring. The market remains oversupplied."
Click to expand...

I enjoy discussing most anything with most anybody.

It would be appreciated if you did not put words in my mouth.

Where did I infer being worried? I stand to gain personally if Exxon and others start exporting LNG to Europe and the rest of the world. All I did was point out a domestic consequence if it happens.

Carry on.
 
SAJ-99 said:
Got it. Media story that supports your view = good. Media story that you disagree with = biased liberal rag.
Click to expand...
I hardly consider Reuters a rag - https://www.reuters.com/business/en...ts-us-governments-ban-lng-permits-2024-07-01/

And from DOE - https://www.energy.gov/sites/default/files/2024-02/001WHI~1.PDF

And from FORBES - https://www.forbes.com/sites/ianpal...-for-the-golden-age-of-liquefied-natural-gas/

And from MSN - https://www.msn.com/en-us/money/oth...reatens-to-slow-trump-s-lng-plans/ar-AA1tGmXo

Are each of these misrepresenting the action Biden took?
 
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406dn said:
It would be appreciated if you did not put words in my mouth.
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That goes for many here. Some get so excited to manipulate another's shared opinion because lazy fks here mostly "follow" select people, they are useless pom pom cheerleaders that the manipulator thrives on.

Those cheerleaders would do themselves a favor to actually read the content vs the typical joy of supporting a condescending post.

Not specifically directed towards @BigHornRam . It's directed to a few toons here that trip over their own arrogance.

As you enjoy conversing so do the vast majority of us. Those few sure lather in their arrogance.

/observation over.
 
406dn said:
I enjoy discussing most anything with most anybody.

It would be appreciated if you did not put words in my mouth.

Where did I infer being worried? I stand to gain personally if Exxon and others start exporting LNG to Europe and the rest of the world. All I did was point out a domestic consequence if it happens.

Carry on.
Click to expand...
Wrong choice of words about you being worried. I know you stand to gain if demand for US LNG ramps up.
 
Alpine01 said:
I hardly consider Reuters a rag - https://www.reuters.com/business/en...ts-us-governments-ban-lng-permits-2024-07-01/

And from DOE - https://www.energy.gov/sites/default/files/2024-02/001WHI~1.PDF

And from FORBES - https://www.forbes.com/sites/ianpal...-for-the-golden-age-of-liquefied-natural-gas/

And from MSN - https://www.msn.com/en-us/money/oth...reatens-to-slow-trump-s-lng-plans/ar-AA1tGmXo

Are each of these misrepresenting the action Biden took?
Click to expand...
Nah. Just saying if he really wanted to make an impact, that is about the least effective way to do it. I don’t pay attention to the reasons people apply to politicians actions.
 
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