Posted Originally on the conservative tree house on September 13, 2022 | Sundance
We are in an abusive relationship with our own government. If you want a real-time example of how governmental bureaucracy fits into this statement, look no further than the footnote at the bottom of this article ¹cited from the BLS report today.
The Bureau of Labor and Statistics (BLS) has released the August inflation data today [DATA HERE] with a top line at 8.3 percent year over year. Unfortunately, things are unfolding exactly as we previously shared. [Modified Table 1 at left]
Despite the temporary drop in gasoline prices (-12%), the costs of food (+13.5%), electricity (+15.8%) and housing (+6.7%) are crushing U.S. consumers. The stock market is responding accordingly. We can only imagine the inflation data if the heavily weighted gasoline factor was not pushing overall toplines down. Estimation of inflation would be well over double digits.
Keep in mind, as you read this review the price of the current harvest (prior field costs) is only right now coming into the food supply chain.
Food inflation is running at its highest rate since 1979 (+11.4%) and it will go higher as the third wave in this sector hits.
To give you an example, margarine increased in price 7% in August alone, that’s an annualized rate of 94% [Table 2 details]. Flour is also on pace for another 22.8% increase right as the holiday baking season begins.
We cannot eat gold, silver or durable goods. Electricity, home heating (natural gas), food and housing costs are priorities right now. Main Street USA is being crushed by Joe Biden overall economic and energy policies. It’s bad now, and going to get worse – much worse, as the third wave of food inflation has only just begun.
¹Before sharing a MSM perspective I want to draw your attention to the BLS notation for 2023. This innocuous footnote tells us just how manipulative the governmental bureaucracies are:
In order to give the statistical appearance of things being better than they are, the BLS is going to reset their weighting for the CPI to only compare against 2021. This is being done with purpose to give the illusion next year that things are not as bad. 2021 was when Joe Biden’s inflation policies first surfaced. By comparing consumer prices to the timing when those prices first increased, the scale of future price increases will be statistically diminished. We are in an abusive relationship with our government.
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(CNBC) – Inflation rose more than expected in August as rising shelter and food costs offset a drop in gas prices, the Bureau of Labor Statistics reported Tuesday.
The consumer price index, which tracks a broad swath of goods and services, increased 0.1% for the month and 8.3% over the past year. Excluding volatile food and energy costs, CPI rose 0.6% from July and 6.3% from the same month in 2021.
Economists had been expecting headline inflation to fall 0.1% and core to increase 0.3%, according to Dow Jones estimates. The respective year-over-year forecasts were for 8% and 6% gains.
Energy prices fell 5% for the month, led by a 10.6% slide in the gasoline index. However, those declines were offset by increases elsewhere.
The food index increased 0.8% in August and shelter costs, which make up about one-third of the weighting in the CPI, jumped 0.7% and are up 6.2% from a year ago. (read more)
For readers who do advanced preparation to offset prices. THINK BEEF right now, you will thank me four months from now. If you see a deal now, buy it and freeze it now. Anticipate retail ground beef costs be somewhere around $10 to $15/lb by spring to mid 2023 perhaps even higher. Also remember, processed foods will increase in price at twice the rate of the fresh food sector. Both fresh and processed food prices will rise, but the increased costs associated with the food processing will double the price.
Posted originally on the conservative tree house on September 13, 2022 | Sundance
During his opening monologue today, Fox News host Tucker Carlson outlined the history of the Biden administration targeting the democrat political opposition by using the Dept of Justice and FBI. [Direct Rumble Link] During one part of the lengthy segment, Carlson outlined the recent subpoenas to people within the MAGA movement. WATCH:
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The technique most often deployed, is for the DOJ/FBI to claim an anonymous source has provided information against the subpoena target, and therefore the target must prove their innocence against the “sources” claims.
Having received one of these DC subpoenas directly, my experience with the construct leads me to believe the DOJ is just making up the “anonymous sources.” However, if you refuse to participate in the bizarre demand to prove your innocence, the lack of cooperation becomes the Lawfare angle used to entrap the target. The process is something like this: It is unlawful to rob banks. We were told you rob banks. Prove you do not rob banks or be subject to arrest for being unresponsive.
It is not quite impossible to construct an accusatory claim that is grounded in abject absurdity, but it is highly unlikely these absurd claims -factual lies without any basis whatsoever- would organically lead to the origin of DOJ investigations. Yet, this is what Merrick Garland’s DOJ would have us believe. Either the DOJ is making this stuff up, or affiliates in ideological alignment are making stuff up in order to feed the DOJ. Regardless, the political weaponization of the DOJ and FBI as described by Mr. Carlson is absolutely accurate.
Posted originally on the conservative tree house on September 12, 2022 | Sundance
First, a follow-up. In further support of CTH view of the Trump legal strategy, a bolstering prior media notation is worthy. In regard to the intent of the Trump -v- Clinton lawsuit a lawyer for President Trump told media: “Habba later said she might appeal the decision, and also that Trump had told her that the case would ultimately not be a winner and she should just drop it. “I said no. We have to fight. It’s not right what happened. And you know, he was right.” {source} This expressed perspective from Trump -via a member of his legal team- supports our contention that creating the lawsuit as a vehicle to legally share documentary evidence and establish a silo (attny-client privilege) was the goal, not the actual outcome of the lawsuit itself.
Remember, the DOJ National Security Division (DOJ-NSD) was created by Barack Obama and Eric Holder to weaponize a relationship between Main Justice (DOJ) and the Intelligence Community (IC). Within this structure, the Office of the Director of National Intelligence (ODNI) now used their newly created agency to monitor domestic political opposition under the guise of domestic threat surveillance. [The Eye of Sauron]
Within the system they created, the DOJ-NSD collaborates with the newly established authorities of the DNI, which includes their unilateral authority to define documents they consider “classified.” The intent is to conduct lawfare against the domestic target while both agencies shield their efforts under claims of national security.
That is the encapsulated modern mission and relationship between the DOJ-NSD and the Intelligence Community (ODNI). These are the two main pillars of the corrupt national surveillance state that exist based on collapsed oversight, as a result of ideological support from the Senate Select Committee on Intelligence. This is the weaponized fourth branch of government.
Now we turn to today. Lawyers for President Trump submit a responsive filing to counter the DOJ effort to stay court order for a ‘special master.’ [Motion pdf Here].
The position of the DOJ-NSD, a position that should be considered in alignment with the ODNI, is that no outsider should be permitted to review their work product. The DOJ does not want a court appointed special master to review what they are unilaterally declaring as “classified national security documents.”
The current legal position of Main Justice aligns with the fundamental precept of their corrupt lawfare creation. In latin it would be “Lex est quod dico,” the law is what I say it is. In the view of the current DOJ-NSD and intelligence apparatus represented by the ODNI, the classifications of Trump documents are what we say they are. They will accept no outside scrutiny from the courts or others upon their arbitrary evaluation. Yes, Lawfare is that arrogant.
The attorney’s representing President Trump dismisses the notion of an omnipotent Main Justice being able to make arbitrary determinations and definitions to suit their Lawfare interests. The people running the DOJ-NSD are not “inviolable”, or above reproach.
As we noted yesterday, in order to protect the documents held at Mar-a-Lago from the corrupt intent of the DOJ to confiscate and bury them, Team Trump built a framework for legal review of the documents as well as silos using attorney-client privilege.
Calling the Lawfare agents and ODNI operatives “bureaucratic components” of the executive branch is likely to make them big mad. From the perspective of the DOJ-NSD ideologues, how dare Donald Trump question the authorities of their power. However, if you peel all the skin from this legal ruse, President Trump’s lawyers hold the accurate viewpoint.
(Via Wall Street Journal) – WASHINGTON—Lawyers for former President Donald Trump pressed a federal judge to allow an independent attorney to review all of the documents the FBI seized in its search of Mar-a-Lago, including those marked classified, saying they didn’t trust the Justice Department to accurately represent what was in them.
“The Government has not proven these records remain classified. That issue is to be determined later,” Mr. Trump’s lawyers wrote in a Monday morning filing to U.S. District Judge Aileen Cannon, who last week ordered the appointment of a special master in the matter.
They disputed the status of around 100 documents marked as classified, which the Justice Department had signaled were central to a criminal investigation, providing their most specific arguments yet to counter prosecutors’ request to continue evaluating the documents for national-security concerns.
“In opposing any neutral review of the seized materials, the Government seeks to block a reasonable first step towards restoring order from chaos and increasing public confidence in the integrity of the process,” the Trump legal team said.
Separately, Mr. Trump’s lawyers and prosecutors later on Monday are expected to comment on each others’ candidates for the special-master role. (more)
It is no coincidence that every social media data leak seems to target conservatives. Snap (formerly Snapchat), an app known for short videos, recently admitted that they leaked Republican voter data to the Democrats. In turn, Snap showed these mostly young voters a barrage of ads in an attempt to change their political stance prior to the midterms.
These ads quickly appear in between videos, and many users may not notice the subconscious level of propaganda they’ve received. The groups TargetSmart and i360 both used the leaked data to their advantage. Ads from the Democratic National Committee, the Democratic Senatorial Campaign Committee, the Planned Parenthood Action Fund, and Georgia Democrat Stacey Abrams’ gubernatorial campaign were sent to Republican users of the platform, as first reported by Axios. Snap claims that this was a glitch in the system, but that seems utterly impossible.
“Unfortunately, due to an internal mistake, we didn’t follow this usual process — which resulted in these two companies’ services being used by advertisers outside of the process, impacting a small number of ads,” a Snap spokesperson told Axios. Both i360 and TargetSmart deny any involvement as well.
If Republicans did this to the Democrats, they would declare it a national emergency and an attack on democracy. YouTube consistently removes any video that goes against the Democrat’s agenda, and Twitter has no problem banning accounts. Facebook’s Zuckerberg admitted that the FBI tipped them off and asked them to hide the Hunter Biden laptop leak before the 2020 US Presidential Election. All of the main social media platforms are now far-left propaganda tools, and freedom of speech does not exist on the main social networks.
California sent out an emergency public notification to warn residents that the power grid was under a strain. Since people are likely unwilling to turn off their power during the summer heat, California is concocting “de-energization” plans. Simply put, California plans to temporarily turn off the power grid in the name of public safety.
This is the same state that plans to eliminate gas-powered cars yet does not have the capability to maintain the current electrical grid. Companies are already creating advice for residents to “get ready for a PSPS” (Public Safety Power Shutoff). PG&E warned that some residents may be without power for “several days.” Their advice seems quite dystopian. Those who will DIE without power due to medical conditions may receive an exemption to power their medical devices.
Several days without electricity will cripple small businesses, and large businesses will also suffer. Those who may need but do not qualify for an exemption could die. They are recommending that people use camping stoves and outdoor charcoal grills to cook, but that is not an option for many. The elderly are especially vulnerable without power. Those without power banks will be unable to charge their phones and will be isolated from the world. Kids will be unable to attend school. They are asking people to power their EVs, but you can only go so far on one charge. It will come as no surprise if they shut off electricity for the poorest areas first.
Perhaps we could have funded this project instead of sending over $120 billion to Ukraine. California is still pushing to end the use of fossil fuels but look at the situation they are in currently.
Posted originally on the conservative tree house on September 11, 2022 | Sundance
Now you are going to see why it was necessary to write the previous article about the Trump -v- Clinton lawsuit.
We must stop pretending. Everyone, including everyone who reads here and specifically SSCI Chairman Mark Warner, already knows what is in those documents from Mar-a-Lago. Those documents contain the evidence of the collective government effort to target candidate Trump and then effectively remove President Trump. THAT effort included the Senate Select Committee on Intelligence. Stop pretending.
Senator Mark Warner was at the heart of the legislative branch effort in the aftermath of the failed attempt to stop candidate Trump from winning the 2016 election. Senator Warner specifically instructed Senate Security Director James Wolfe to leak the Carter Page FISA application, with an intent to further the effort to install a special counsel to help cover-up the pre-election activity. Warner is enmeshed in the corruption created by the false Trump-Russia collusion conspiracy nonsense.
With Warner’s instructions to Wolfe in mind, there is a specific statement in this ridiculous effort at narrative construction called an interview, that is just exponentially hubris, [@6:16] “The record of our intelligence committee of keeping secrets secret, that’s why the Intelligence Committee shares information with us,” Warner claims.
No, the direct ideological alignment between the corrupt intelligence apparatus and the SSCI that is why the Intelligence Committee coordinates with the Senate. WATCH:
[Transcript] – MARGARET BRENNAN: For a closer look now at the evolving threats to the homeland, we begin this morning with the chairman of the Senate Intelligence Committee, Mark Warner of Virginia. Good morning to you, Senator.
SEN. MARK WARNER: Good morning, Margaret.
MARGARET BRENNAN: You know, 9/11 introduced to many Americans for the very first time, this sense of vulnerability at home, and it launched the global war on terror. I wonder how vulnerable you think America is now, are we paying enough attention to the Middle East and to Afghanistan?
SEN. WARNER: Well, Margaret, I remember, as most Americans do, where they were on 9/11. I was in the middle of a political campaign and suddenly, the differences with my opponent seem very small in comparison and our country came together. And in many ways, we defeated the terrorists because of the resilience of the American public because of our intelligence community, and we are safer, better prepared. The stunning thing to me is here we are 20 years later, and the attack on the symbol of our democracy was not coming from terrorists, but it came from literally insurgents attacking the Capitol on January 6th. So I believe we are stronger. I believe our intelligence community has performed remarkably. I think the threat of terror has diminished. I think we still have new challenges in terms of nation-state challenges, Russia in longer-term, a technology competition with China. But I do worry about some of the activity in this country where the election deniers, the insurgency that took place on January 6th, that is something I hope we could see that same kind of unity of spirit.
MARGARET BRENNAN: As you’re pointing out, America came together after 9/11, and we are incredibly divided right now. One thing that is potentially quite explosive is this ongoing investigation of the justice- by the Justice Department of the former president and his handling of classified information. You’ve asked for a briefing from the intelligence community. Given how sensitive this is, why should anything be shared with Congress, given that this is an ongoing investigation?
SEN. WARNER: Because as the chairman of the Intelligence Committee, and I’m very proud of our committee, or the last functioning, bipartisan committee. I believe in- in the whole Congress. The Vice Chairman and I have asked for a briefing of the damages that could have arisen from mishandling of this information, and I believe it’s our congressional duty to have that oversight. Remember, what’s at stake here is the fact that if some of these documents involve human intelligence, and that information got out, people’s- will die–
MARGARET BRENNAN: We don’t know that yet.
SEN. WARNER: If there were penetration of signals intelligence, literally years of work could be destroyed. We talk about the enormous advances our intelligence community has made helping our Ukrainian friends, that comes about because we share intelligence. If there’s intelligence that has been shared with us by allies, and that is mishandled, all of that could be in jeopardy. Now, we don’t know what’s in those documents. But I think it is incumbent, as soon as we get approval, let me be clear, soon as we get approval, my understanding is there is some question because of the Special Master appointment by the judge in- in Florida, whether they can brief at this point, we need clarification on that from that judge as quickly as possible, because it is essential that the intelligence committee leadership at least gets a briefing of the damage assessment.
MARGARET BRENNAN: The damage assessment, it has been paused, as has the classification review, and it will take some time. So, A, I am assuming in your answer there, you’re saying there have been no promises of a briefing to be scheduled. Is that right?
SEN. WARNER: I believe we will get a briefing as soon as there is clarification whether this can be performed or not–
MARGARET BRENNAN: But why should that–
SEN. WARNER: In light of the- of the judge in Florida.
MARGARET BRENNAN: Why should that happen? Because I- I want to get to something you said which was the ‘last bipartisan committee,’ you and Marco Rubio, your partner in- in this request for a briefing put forth this letter, asking for the damage assessment. But lately, your colleague’s been making some comments that don’t sound quite as bipartisan. He’s compared the Justice Department to corrupt regimes in Latin America when it comes to this investigation. He’s accused DOJ of leaking sensitive details, and he said the only reason to leak it is to create a narrative for political purpose. When information gets shared with Congress, as you know, the accusation is it will get leaked. So, A, it looks like you’re losing that bipartisan- bipartisanship. And B, if you brief Congress, isn’t it going to leak further and worse than–
SEN. WARNER: The record of our intelligence committee of keeping secrets secret, that’s why the Intelligence Committee shares information with us. Remember this was the committee, bipartisan, that did the Russia investigation.
MARGARET BRENNAN: Because you know that your oversight capability, many would argue, including former heads of counterintelligence, FBI, that the line is drawn when it’s an active investigation. They don’t owe you a briefing.
SEN. WARNER: We- we don’t- I do not want any kind of insight into an active investigation by the Justice Department. I do want the damage assessment of what would happen to our ability to protect the nation. And here we are 21 years after 9/11, if classified secrets, top secret secrets are somehow mishandled, I pointed out earlier, people could die, sources of intelligence could disappear. The willingness of our allies to share intelligence could be undermined. And I think we need that assessment to make sure if on–
MARGARET BRENNAN: Which you will get–
SEN. WARNER: I think we need it sooner rather than later.
MARGARET BRENNAN: But to that point, because it’s so sensitive, because the country is so divided, because you already have in many ways a target being put on the back of law enforcement, isn’t it more important to get it right, to be deliberate and not to be fast here? I want the details just as much as you do.
SEN. WARNER: I do not think we should have as- as the Intelligence Committee, a briefing on the ongoing investigation. What our responsibility is, is to assess whether there has been damage done to our intelligence collection and maintenance of secrets capacity. That is a damage assessment, that frankly, even the judge in Florida has said, can continue.
MARGARET BRENNAN: Before November?
SEN. WARNER: This- once we get clarification from the judge in Florida, and again, I don’t think we can cherry pick what part of the legal system we like or dislike, I have trust in our legal system. I may not agree with the decision of the judge in Florida, but I respect our Department of Justice. I respect the FBI. I think they are trying under extraordinarily difficult circumstances to get it right and we owe them the benefit of the doubt.
MARGARET BRENNAN: Senator, thank you for coming on. And I know we’re going to continue to track this, and any potential impact to national security.
The legislative oversight group known as the “Gang of Eight” want to see the documents confiscated by the DOJ National Security Division from the FBI raid on Trump’s Mar-a-Lago estate. The reason and motives are simple.
If Donald Trump has evidence of the corruption in the Trump-Russia collusion fabrication and targeting effort, there would be evidence of the Senate Select Committee on Intelligence (SSCI) participating in joint-effort with the DOJ and FBI. When the FBI launched their 2016 targeting operation against candidate Donald Trump, it was the SSCI who coordinated with them.
When the Trump targeting operation began in 2015/2016, Dianne Feinstein was the Vice Chair of the SSCI, and her lead staffer was Dan Jones. You might remember that Jones left the committee to coordinate anti-Trump efforts outside government and work as a liaison back to the committee. The Chair of the SSCI was Richar Burr.
After Trump’s surprising 2016 victory, Feinstein stepped down to allow Senator Mark Warner to become Vice-Chair, thereby putting Warner on the Gang-of-Eight in January of 2017.
Senator Warner was then responsible for: (a) continuing the attacks and investigation of Trump; (b) covering up the prior work done by the SSCI to target Trump; and (c) working to appoint a special counsel in order to mitigate the risk, while throwing a bag over the prior activity.
When the FBI came under scrutiny (ex. FISA warrant), the corrupt actors within the DOJ and FBI collaborated *ONLY* with the Senate Select Committee on Intelligence (SSCI). The same DOJ and FBI stonewalled the House Permanent Select Committee on Intelligence (HPSCI) which was then led by Chairman Devin Nunes.
The corrupt entities in the DOJ/FBI would only work with the SSCI not the HPSCI, because it was the SSCI who was working hand in glove with them on the targeting operation. That’s why the SSCI, Mark Warner Vice-Chair with Security Director James Wolfe, was given a copy of the Carter Page FISA application on March 17, 2017. At the exact same time the DOJ and FBI were blocking the House intelligence committee from seeing it.
Senator Mark Warner wanted the FISA application as a tool to leak to the media as part of the effort to help the DOJ get Andrew Weissmann and Robert Mueller installed as the special counsel. Weissmann/Mueller would be the cover-up and continued targeting group.
Mark Warner and James Wolfe received the FISA on March 17, 2017, from the FBI (carried by agent Brian Dugan). Shortly after 4:00pm on March 17th, Warner and Wolfe then leaked the FISA application to the media (Ali Watkins). Two days later FBI Director James Comey testified before the House committee (March 20) publicly admitting for the first time that President Trump was under investigation.
These days in March 2017 became the narrative opening for the leaked FISA to support the installation of a special counsel a few weeks later. All of it carefully coordinated.
The background collusion and assist motive was also why SSCI vice-chair Mark Warner was covertly in contact with Adam Waldman (2017), the lawyer for Chris Steele, while continuing to operate the parallel Trump targeting and DOJ/FBI cover-up operation from the SSCI. Warner’s skill at this process is why Feinstein abdicated her chair to him at the beginning of Trump’s term.
If the Gang of Eight is currently trying to see what documents President Trump held in Mar-a-Lago, what they are really trying to see is what evidence President Trump has against them.
Watch carefully now….
Watch how the DOJ-NSD and FBI respond to the Gang of Eight. If they follow the pattern, then Main Justice will likely support legislative oversight onlythrough the SSCI.
Those in college do not recall 9/11/01. College freshmen were only three or four years old at the time of the attack. They do not recall the ongoing search for Osama bin Laden or the frequent briefings from former President George W. Bush. Even young adults beyond college do not recall life before the Patriot Act and the abandonment of our privacy. They have always seen TSA at airports and terrorism warnings. The Patriot Act changed everything, and all Americans were forced to surrender their freedom to the government under the guise of “national security.” National security has been used to justify government surveillance ever since that tragic morning.
This may be why they are comfortable handing over power to government, and tend to vote blue, as they do not know of a life with fewer government restrictions. It is hard to explain how that event shaped the trajectory of America. It was used as a convenient excuse to begin a war that became one of the longest in America’s history. In addition to the 2,996 people who were killed on 9/11, countless soldiers have lost their lives. First responders are still facing the repercussions of the asbestos and debris that caused an array of health issues. Before the attack, America felt it was invincible. Yes, there was Pearl Harbor, but again that event was too far back to remember and was directed at a military base. An attack on American soil at the Twin Towers that signified capitalism in all its glory was completely unfathomable.
For those who do not remember 9/11 – America was a different place once upon a time. I encourage you to dig deeper as the true events that occurred on that day are NOT what they teach in school.
Posted originally on the conservative tree house on September 10, 2022
It is good to see at least one energy finance analyst at the Institute for Energy Economics and Financial Analysis, speaking commonsense. In an article by Clark Williams-Derry for Barron Magazine [SEE HERE], the author accurately outlines how significant U.S. Liquified Natural Gas (LNG) exports are driving up prices for American consumers.
The author accurately refutes the notion that exports do not drive-up domestic prices, by walking through the example of how natural gas prices dropped for U.S. consumers when the liquefied natural gas plant in Quintana, Texas [Freeport LNG] was temporarily shut down, blocking a portion of the export capacity. However, that facility is about to come back on-line and with increased exports from other facilities domestic U.S. prices have already doubled.
According to the U.S. Energy Information Association (IEA), U.S. storage of Liquified Natural Gas (LNG) is 12% below the five-year average (LINK). Additionally, the IEA is expecting the U.S. to export 11.7 billion cubic feet of LNG per day during the fourth quarter of 2022 — up 17% from the third quarter. The destination of that export is Europe.
Consider that 43% of U.S. households use LNG for home heating, and power suppliers use LNG to create electricity. With the massive 2022 exports of LNG to Europe (+17% in fourth quarter alone), that means lower domestic supplies and increased prices here in the United States for electricity and home heating. We are seeing and feeling these massive price increases right now.
Barrons – […] If you need more evidence of the impact of natural gas exports on prices, just compare supply and demand fundamentals for the year leading up to February 2020 (the last pre-pandemic month) versus the year leading up to this May (the most recent month with full federal data). Annualized production rose over the period, while domestic consumption remained roughly flat. Yet LNG exports almost doubled—a surge that tightened U.S. gas markets and doubled the price that U.S. consumers pay for the fuel.
The growth of global demand for U.S. LNG can be tied to many market forces, including the shortfalls in Europe due to Russia’s manipulation of European Union gas markets. Sustained high demand in wealthy Asian nations has contributed to export growth as well. And so has the U.S. gas industry’s dogged determination to ship its wares to the highest bidder, foreign or domestic.
Russia’s role has been particularly critical in the rise of global LNG demand. As Russia choked off gas shipments to Europe, EU buyers have turned to global LNG markets to make up the shortfall. Global LNG prices rose in response, and U.S. LNG companies ramped up output, shipping more cargoes to Europe. But Russia responded by further clamping down on gas supplies to the EU—a vicious circle that has hurt Europe’s economy even more severely than it has harmed America’s.
There’s little sign that U.S. gas prices will ease in the coming years. Freeport’s demand will be back online soon enough, and there are three other massive LNG export projects under construction, with more than a dozen of others waiting for financing.
[…] Curiously, federal regulators have consistently found that the gas export projects are in the public interest—meaning they were in the economic interest of LNG companies and gas drillers. But now, exports are creating sky-high costs for U.S. consumers, and drillers are reluctant to boost gas output lest prices fall back to earth. So, it’s high time to consider whether soaring U.S. LNG exports are actually in America’s interest—or if, instead, runaway LNG exports are fueling energy inflation and undermining the nation’s economic competitiveness. (read more)
Not only are U.S. taxpayers directly paying for the majority of costs in Ukraine, but we are also subsidizing the European Union by exporting LNG and driving up the price for energy here at home.
We the taxpayers are directly paying Ukraine, and indirectly paying Europe to maintain gas sanctions against Russia. As a result, we the taxpayers are also paying higher prices here at home. This is the reality of the current exfiltration of wealth as created by the Biden administration.
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This is a library of News Events not reported by the Main Stream Media documenting & connecting the dots on How the Obama Marxist Liberal agenda is destroying America
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