The Greens are celebrating and the oil industry is kicking and screaming over the Biden administration’s decision to pause the review process of liquefied natural gas (LNG) exports. However, this decision’s actual impact is microscopic. This pause is very limited. It has no impact upon facilities already in operation, under construction, or even those already permitted. It only impacts facilities still at the eye-gleam stage. While the “pause” may impact some firms (very) long-term plans, there’s nothing tangible as of yet.
Natural gas has an interesting foothold in the energy space, as it is a cleaner alternative to coal and is highly compatible with green energy sources like wind and solar. This means that natural gas will likely serve as the complimentary energy source of the future, which will be a large pill for the Greens to swallow.
The Biden administration’s move is temporary, limited in impact and scope, and is just a political move to garner support leading up to the election. Think of this kind of like a politician’s wet dream – making some of your constituents happy without actually doing anything.
Here at Zeihan On Geopolitics we select a single charity to sponsor. We have two criteria:
First, we look across the world and use our skill sets to identify where the needs are most acute. Second, we look for an institution with preexisting networks for both materials gathering and aid distribution. That way we know every cent of our donation is not simply going directly to where help is needed most, but our donations serve as a force multiplier for a system already in existence. Then we give what we can.
Today, our chosen charity is a group called Medshare, which provides emergency medical services to communities in need, with a very heavy emphasis on locations facing acute crises. Medshare operates right in the thick of it. Until future notice, every cent we earn from every book we sell in every format through every retailer is going to Medshare’s Ukraine fund.
And then there’s you.
Our newsletters and videologues are not only free, they will always be free. We also will never share your contact information with anyone. All we ask is that if you find one of our releases in any way useful, that you make a donation to Medshare. Over one third of Ukraine’s pre-war population has either been forced from their homes, kidnapped and shipped to Russia, or is trying to survive in occupied lands. This is our way to help who we can. Please, join us.
