Biden Actions ... And Reactions
- Thread starter GURPS
- Start date
JUST IN: President Biden admits that the 'Inflation Reduction Act' was not actually about inflation after he started ranting without the teleprompter.
Holy sh*t.
Biden said the Inflation Reduction Act was actually about funding Climate Change efforts and said the Act should have actually been named something different.
"Through my investments, the most significant climate change law ever. And by the way, it is a $369 billion bill."
"It's called the [Inflation Reduction Act]. We should have named it what it was."
This is News
Didn't Lying Biden Admit this previously ?
APPEC LNG buyers flag US supply risks after export pause
SINGAPORE, Sept 11 (Reuters) - Major buyers of liquefied natural gas (LNG) flagged risks of purchasing cargoes from the United States following the decision by President Joe Biden's administration to pause export permits of the superchilled fuel to non-Free Trade Agreement countries.
Officials from Taiwan's CPC Corp and Germany-based SEFE, which trades LNG cargoes and sells in Asia, stressed the importance of reliability of supply while responding to a question on the impact of the U.S. export pause on Asian markets.
"I do trust the traditional LNG suppliers more than U.S. LNG players," said Jane Liao, vice president at CPC, told the APPEC conference.
"Most of the Asian buyers, we rely on traditional LNG suppliers, which cherish the long-term relationship more. When you are in difficulties in the implementation of your contract, people will sit down and talk," she said.
Fabian Kor, executive vice president Asia at SEFE, said energy security was the topmost priority this year, adding that SEFE may even "slightly overcontract" to ensure availability.
"We will not concentrate on supply, just because it is the cheapest in the U.S. We like a bit of geographical supply diversification," he said.
"In terms of the U.S., we are quite ambivalent now, meaning we prefer something that is more firm."
On supplies of Russian LNG, Liao also said Chinese and Indian purchases of Russian LNG cargoes would ensure the market remains in balance.
"Let's say the Chinese companies or the Indian companies, they continue to purchase from Russia, so they won't compete with us in the rest of the market," she said.
WingsOfGold
Well-Known Member
Is Dementia Joe still alive?