Biden’s Gas Crisis

[CountValentine]

You're the only one who mentioned Penn East in this conversation.

Where?

Everything is Bidens fault. Remember how they blamed the Keystone pipeline for high gas prices. That was 100% BS.

1 pipeline won't solve all our problems, but the general attitude toward pipelines is the primary issue.

Do you understand what that pipeline was for? Try once not to look at it from a political point.

[aygart]

https://twitter.com/jackfarley96/status/1584588312966488065


This is Europe, flashback to negative oil prices at Cushing.

Transco Z6NY basis is higher than ever. Algonquin and Iroquois in new England are even worse.

[aygart]

Penn East would've helped that.

Ftfy

[avromie7]

Where?

Meant Keystone XL, fixed.

[CountValentine]

Meant Keystone XL, fixed.

Ok but you and others brought it up early in this thread. My point stands about using these red herrings.

If you want to blame Biden again this time, then lay it out.

[avromie7]

Ok but you and others brought it up early in this thread. My point stands about using these red herrings.

If you want to blame Biden again this time, then lay it out.

This is not the first time I said it's the attitude toward pipelines that's the problem. Of course 1 pipeline doesn't shape the international market, but it is part of a bigger picture that absolutely does shape the international market.

[aygart]

This is not the first time I said it's the attitude toward pipelines that's the problem. Of course 1 pipeline doesn't shape the international market, but it is part of a bigger picture that absolutely does shape the international market.

Especially if it was for petroleum and we were discussing NG.

[CountValentine]

This is not the first time I said it's the attitude toward pipelines that's the problem. Of course 1 pipeline doesn't shape the international market, but it is part of a bigger picture that absolutely does shape the international market.

That is pie in the sky. Keystone XL had no effect on the market. It was just political talking points.
The talking point was it increased the price of gas. When that was blown out of the water then they just did a pivot.

Again, if you want to blame Biden for the price of NG plummeting like you did then lay out why.

[CountValentine]

Especially if it was for petroleum and we were discussing NG.

He responded to the petroleum pipeline on which I called out.

[aygart]

https://www.ferc.gov/news-events/news/ferc-winter-assessment-keeping-focus-reliability-demand-prices

[aygart]

That is pie in the sky. Keystone XL had no effect on the market. It was just political talking points.
The talking point was it increased the price of gas. When that was blown out of the water then they just did a pivot.

Again, if you want to blame Biden for the price of NG plummeting like you did then lay out why.

When NG is flirting with 0 in one party of the country while another is discussing inadequate supplies for the winter that means you have a problem.

[CountValentine]

When NG is flirting with 0 in one party of the country while another is discussing inadequate supplies for the winter that means you have a problem.

I never said there isn't a problem. I said if you want to blame Biden, then lay it out.

[aygart]

I never said there isn't a problem. I said if you want to blame Biden, then lay it out.

Throughout this thread I have been laying out how he is partially but not entirely to blame.

[CountValentine]

Throughout this thread I have been laying out how he is partially but not entirely to blame.

...and I am not challenging you on that. @avromie7 blamed Biden for current drop in NG. I am asking for him to lay out why he blames him.

[aygart]

...and I am not challenging you on that. @avromie7 blamed Biden for current drop in NG. I am asking for him to lay out why he blames him.

I don't know what if any pipelines were proposed for that area, but the amount of red tape and legal haggling needed to get approvals under this administration had led some executives to state publicly that it is uneconomical to even file for approvals now.

[CountValentine]

I don't know what if any pipelines were proposed for that area, but the amount of red tape and legal haggling needed to get approvals under this administration had led some executives to state publicly that it is uneconomical to even file for approvals now.

Fair enough but I don't believe the executives. They will say anything to blame others the same as the admin.

[yuneeq]

Fair enough but I don't believe the executives. They will say anything to blame others the same as the admin.

Let's pretend the executives said nothing. You believe it's just as simple to get projects approved during this admin? Without resorting to some slippery slope, this is literally part of the dems stated agenda.

[CountValentine]

Let's pretend the executives said nothing. You believe it's just as simple to get projects approved during this admin? Without resorting to some slippery slope, this is literally part of the dems stated agenda.

I would guess it would be harder under a D admin instead of a R admin.

[aygart]

Yahoo Finance: West Texas Natural Gas Prices Go Negative for First Time in Two Years.
https://finance.yahoo.com/news/west-texas-natural-gas-prices-145906855.html

[CountValentine]

Yahoo Finance: West Texas Natural Gas Prices Go Negative for First Time in Two Years.
https://finance.yahoo.com/news/west-texas-natural-gas-prices-145906855.html

So this happened in the last admin also. Would love to hear @avromie7 thoughts who fault it was back then.