Biden Energy Secretary Quietly Bullies US Refiners To Reduce European Fuel Exports

Biden Energy Secretary Quietly Bullies US Refiners To Reduce European Fuel Exports

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Back in June, we reported that overall US Nat Gas exports had exploded thanks to soaring LNG flows to Europe which has grown increasingly desperate for any “friendly” nat gas now that Russia has almost shut off all pipelines toward Europe, in the process pushing US nattie prices sharply higher – if nowhere near where they are in Europe currently. And while these exports fizzled after the Freeport LNG explosion in June, it was clear that nat gas prices (and to a lesser extent, inventory) in the US would be a factor not only of domestic demand, but increasingly also...
Source: https://www.newswars.com/biden-energy-secretary-quietly-bullies-us-refiners-to-reduce-european-fuel-exports/