I haven't seen a good explanation for this but have heard comments like "something is odd about this"
In July 2025 everyone should have known that the world did not need more US LNG capacity. And that VG already had too much debt. I agree something is odd.
If you don’t understand why the talk is happening and why people want it then you are probably a part of the problem the generational change is needed to solve. YALL LOST TO TRUMP AFTER AN INSURRECTION! You don’t get to keep holding us hostage!
I would say that either the bankers don't understand the market or something else was at play here.
"The transaction attracted significant interest from the world’s leading banks, resulting in commitments exceeding $34bn, and did not necessitate any external equity investment."
"The lender group for the construction financing is comprised of the world’s leading banks, signaling significant demand for U.S. LNG investment not only in the United States but also in Europe and Asia."
Venture Global has suckered investors into buying their stock because they say they use a new construction approach that lowers construction costs. If they were telling the truth, this is even worse news for the industry than if they were not. Not good for industry either way. Have a nice weekend.
Like clockwork.
Who is standing in the way of producing more hydrocarbons? Someone should ask Wright about this graph.
Trump and Wright are in charge. Why is fracked oil production going down?
Because they are running out of it.
are you familiar with grid forming inverters? I assume you didn't read the article based on your response.
The Trump administration took your money illegally.
They won’t give it back.
Which countries are going to knowingly punish their citizens by expanding instead of phasing out gas dependence?
Yes. They've cancelled some. Trying to resell others. They have no storage. Their gas system was full and couldn't take more imports because demand was down so much and the system was risking over pressure.
If you buy a 2025 Ioniq in March you get $10K off the price.
I continue to be stunned at the speed of battery development, the growing importance of virtual power plants, electrification of transportation, etc It is amazing.
2 wars in 4 years. This war will dramatically accelerate Solar +Batteries + EVs as real Energy Security.
"The rest of the world will learn an important lesson from China. Build out your renewables so you aren't as dependent on imported fossil fuels and the whims of idiots"
bsky.app/profile/just...
Not sure if it pencils out though. But with the way battery tech keep evolving it could be interesting.
Reportedly Trump asked Carter for advice on China in his first term. He wanted to know how China was doing so well. Reportedly Carter said, "they don't waste trillions on war, they invest in their country"
There has been talk of doing this with rail.
From before the latest from the warmongers.
He promised us he would cut energy prices in half.
How about doubling them instead?
In every Republican presidency of my lifetime there's been a recession and a new war in the Middle East.
Never trust a Trump. Written or otherwise.
Indeed. I've been writing about that for quite a while. But what the media never accurately reports is that commodities traders broke contracts with Pakistan to sell LNG to Europe for more money. And then the people and industry is Pakistan fought back with solar.
Should have put something in writing with that plane bribe of Trump.
Never trust a Trump.
The important point from @sebkennedy.bsky.social
“The idea that you can cost-effectively decarbonise your economies by relying on a commodity that, in the space of 5 years, is subject to two illegal wars that send prices stratospheric, it just doesn’t make any sense”
Solar makes sense.
Congratulations to Sempra for being able to do simple math!
"Mexico’s potential LNG export buildout has shrunk by about 0.5 Bcf/d after Sempra ended development plans for its long-proposed Vista Pacifico project."
There is no market demand for these projects. And not enough future supply gas.
Iran’s Deputy FM Dr. Saeed Khatibzadeh: “Trump wants leadership change in Iran — he can’t even appoint the mayor of New York.”
I believe opposition to clean energy is much more likely to break along political lines. There are very few local benefits to data centers.
How many community meetings has he attended? From what I see, opposition to data centers have united communities in a way I haven't seen before. Politics don't matter, no one wants them. From New York to Texas.
Wrote this in 2019. Didn't think it would happen this fast.
"When it comes to the long-term economics of power generation, it isn’t a fair fight. There is no clear way natural gas can compete with renewables on an economic basis in the coming decades."
