LNG

Authored by Federico Pieraccini via The Strategic Culture Foundation:

Capitalism is broken. It is like a gun pointed at the heart of the planet. And it’s got these characteristics which mean that it will essentially, necessarily destroy our life support systems. Among those characteristics are the drive for perpetual economic growth on a finite planet. You just can’t support that ecologically. Things fall apart. It also says, well, anyone has got a right to buy as much natural wealth as their money allows, which means that people are just grabbing far more natural wealth than either the population as a whole or the planet itself can support.

RT reports that a U.S. ambassador has reportedly threatened to punish German contributors involved in the multinational Nord Stream 2 pipeline project, and has tried to fan the ‘Russia scare’ to make his point.

One of the most absurd efforts the United States has engaged in involves a whole lot of gas. Literally. The US wants its allies in Eastern Europe to buy LNG from them, and has even helped build off-loading facilities to accept US LNG tankers coming across the Atlantic. Serbia is one of the countries targeted by the US as a potential customer of its gas.
There is only one problem. Russia has an enormous natural gas supply, and it borders all of Eastern Europe. But for the US, that is not a problem; the problem is… RUSSIA!!!

The Trump Administration trade policy is nowhere so clear as in the energy area.  For years it was thought that the younger Bush Administration was one of the most energy industry friendly in history.  But the Trump Administration has gone far beyond that.
Hiring Ray Tillerson, the former CEO of ExxonMobil, as US Secretary of State, sent a strong signal to the entire industry, even though his tenure proved to be temporary.

Authored by Tsvetana Paraskova via Oilprice.com:

The calls to cancel the controversial planned pipeline Nord Stream 2 were coming from the US, Ukraine, and various EU member states, but it all fell on deaf ears. Nord Stream 2 is a reality, and no amount of US LNG dreaming appears to be changing this fact.

US President Donald Trump and European Commission President Jean-Claude Juncker announced that they have reached an understanding on lowering barriers between the two sides.
During his visit to the White House, Juncker appeared to have made several concessions to POTUS Trump in an effort to avoid a trade war…such concession include buying more US soybeans and purchasing expensive, American LNG.
Trump was firm in his stance on trade with the EU, insisting on reciprocal trade relations between the two blocks.

This episode aired LIVE on UKC approximately 3 hours before the Trump-Putin press conference began in Helsinki. 21WIRE’s Patrick Henningsen was correct in predicting Trump’s half-hearted gas play probing for a stake in Germany’s energy security requirements by making the weak offer of subsidized US-fracked LNG – hardly a match for the Nord Stream 2 pipeline. We also look at Syria, the impending war in Gaza and more.

  Dear friends, here are some perplexing news. I read and reread them several times, checked sources and encyclopedia, and still couldn’t understand what exactly is happening. Hopefully, together we