Cities such as Berkeley, San Jose, San Francisco, Houston, Los Angeles, New Orleans, Albuquerque, and other U.S. cities are moving to ban natural gas -- the energy source that made America number one in emissions reductions.
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Lower LNG prices stymie terrorist-financing budgets in Tehran and lower the ability for Putin’s Russia to weaponize their energy assets for geopolitical adventures in Ukraine, Crimea, Syria, Central Asian and the Middle East.
There is no evidence that restrictions on New England usage will have a measurable effect on world demand for natural gas, or the slightest effect on global temperatures. But misguided government energy policies will raise prices for New England residents.
Australia’s electricity shortages should be a warning sign to the U.S. to avoid relying too heavily on green energy sources like wind and solar while mass exporting natural gas. CFACT is in Australia for the "ECOCITIES World Summit" and the Down Under premiere of "Climate Hustle."
This year, when winter hits, it is expected to be colder-than-normal across the Northwest, Upper Midwest, and Northeast. These conditions create higher cooling and heating demand for natural gas. And that, coinciding with reduced supply, will give a boost to U.S. natural gas prices—rebalancing the market and bringing price recovery.
The developing world wants natural gas and electricity, Hillary Clinton responds with an “epic fail”
While serving as Secretary of State, Hillary Clinton created a nonprofit to fund so-called clean cookstoves that are being marketed as the preferred UN solution for Africans and others without access to electricity (rather than, for example, providing electricity to them)(. Turns out the Clinton Foundation has an interest in this project, and perhaps the deeper goal is acquiring carbon credits for sale to the highest bidder once Hillary becomes President and imposes a carbon tax.
The U.S. today has the resources to counter such moves as Russia's recent cutoff of natural gas shipments to Ukraine and the ISIS surge in Iraq that threatens that nation's oil and gas deliveries. The simple changes in law and policy needed to expedite the growth of the U.S. LNG business are to (a) open up federal lands and waters to drilling, and in particular, hydrofracking, and (b) expedite approval by the Federal Energy Regulatory Commission and the Department of Energy of LNG export plans that would bring jobs for out-of-work Americans and tax revenues to state and local governments.
For decades, policymakers have been concerned about America’s over-reliance on fossil fuel imports from other parts of the world. But thanks to hydraulic fracturing, or fracking, many of these concerns are now being alleviated.