JAB65
5 hours ago
I tend to believe from an earlier post, that political pressures will lead to some movement within DOE and maybe even MARAD. Political pressures being that no incumbent president from any party has ever been re-elected with such dismal polling across the board, specifically favorability ratings. If you just watch Mornng Joe you have no idea of what's real, unfortunately. And while polling can be misleading, the numbers for JB are so bad and the economy is so bad and the illegal alien border crossing and its intended and unintended consequences are so bad, and the world is so unhinged from appeasement policies and Iran, China and Russia, that if they wish to even make a fight of it, they will have to make some concessions (read energy) for the majority of their party at the expense of the radical, fringe minority, which will one day be squashed like a bug.
Energy is the one constant denominator that affects everything else. It ripples through every aspect of our lives and yet the admin thinks that windmills and wooden shoes will rule. NOT! Like someone mentioned, they push EV but don't provide the infrastructure to support what could one day be a viable alternative.
Never forget that it is corporate America that runs this country, not JB of DT. "It's the economy stupid "and the economy, when measured by the true cost of living, is factored into any equation, the screaming, immature, uneducated lose. Politicians lie but numbers don't.
Delfin is lucky to be where they are with their process compared to many who are the ones who should be truly concerned.
dinogreeves
12 hours ago
You don't have to be concerned with me, I always manage to make money somewhere else. You are so caught up with my position, it's hilarious, I do enjoy living in your head for rent free. Moving forward you need to figure out, if I still own shares here. You can have as many shares as you want, they are not realized gains or losses until you sell them, as far as I am concerned, you might have to wait until never worse case scenario, best case 2029, by then you might end up taking it with you to your coffin, or hang it on your bathroom wall. They don't mean anything.
dinogreeves
12 hours ago
Delfin has called off FID since 2022, to shift the blame on this administration somewhat is understandable, but definitely not a scapegoat. Stick to facts, you might actually get somewhere, Delfin has kicked, kicked and kicked the can down the road, it is not even funny anymore.
PennyPusher786
2 days ago
Those stats and speculation seem legitimate. But bare in mind I'm not a basher, I've followed Dino into a few stocks over the years and vice versa....
But I would consider the worst case scenario simply because the world is moving away from reliance and relationships with America and the west these years. So the decisions made and the leadership in the upcoming months ahead will further impact our foreign trade, developments, relationships and thus our economy. The U.S and Canada are up for an economic disaster and the cards and data are on the table for those able to see.
I'm hoping for the best too, but that's just wishful thinking. A lot of domestic money is leaving Canada and the U.S as of 2020. Germany lost some big corporations to China and India this past year due to stupid taxes and stupid policies... Greed has gotten the best of our sh!tty leaders and while their pockets are being lined for the looming economic strife ahead, ours likely are not. So be very careful in how much weight of importance you give blindly to stats and figures of estimated output. In the past, those were great indicators of future performance. But BRICS is going to make sweeping changes in the years ahead... does it mean our economy comes to a halt, of course not, but it means whatever markets are over-saturated would likely suffer... Supply & Demand... For example, too much immigration, not enough jobs & lower productivity? Okay, lower the cost of labor... Some will survive, many will suffer... I noticed the biggest slow down in my business and amongst my peers in the past few months... it's frustrating and infuriating to see the cr@ckhea!ds in power
Normally, we come out of these up and down trends like repetitive cycles... the difference today is, the downtrend will be a big one in this particular cycle... commodities is our best option these days.
The West has been engaged in a lot of deceitful practices of pillaging & destabilizng other nations to line their own pockets... As the Hindus would say, the Karma is coming lol...
I've been watching this ticker too, I stayed away from the market all winter focused on other things, stepped away since the end of 2021 over all because it's become a gamble...
Let's hope you guys are right on this one.
NorthPeak22
2 days ago
Pitts: US, Qatar Face off in LNG ‘Olympics’
By Pietro D Pitts
Hart Energy
Fri, 05/03/2024 - 03:00 PM
If you believe the numbers published by the U.S. Department of Energy (DOE), the U.S. will easily retain its ranking as the world’s leading exporter of LNG by 2030.
By then, back-of-the-envelope calculations pointed to U.S. LNG export capacity reaching 196 million tonnes per annum (mtpa) or 25.9 Bcf/d versus Qatari LNG export capacity of around 142 mtpa.
The U.S. gets there by adding 87.8 mtpa of capacity from five projects under construction at Corpus Christi, Golden Pass, Port Arthur, Venture Global Plaquemines and Rio Grande LNG. This compares to existing operating capacity of 108.4 mtpa, according to the DOE. This will allow the U.S. to boast an 81% liquefaction growth rate between now and 2030.
Qatar gets there by adding 65 mtpa of capacity to come from its North Field West project. This compares to existing operating capacity of 77 mtpa, or a growth rate just 84%.
Still, one needs to take into account that the average annualized utilization rate in the U.S. was 94% in 2023, compared to around 104% in Qatar, according to data firm Kpler.
In the LNG exporting space, the U.S. will outpace its fiercest competitor, Qatar, and both countries are expected to outpace Australia. As it stands for the LNG export Olympics, the medals would be awarded in 2030 like this: the Americans, gold; the Qataris, silver; and the Aussies, bronze.
And this will be the case despite the infamous “Biden pause” announced in January. And it’s no small feat, considering the U.S. joined the LNG exporter’s club as recently 2016 with the start of the first export train at Sabine Pass.
The DOE said the pause is designed to give the agency time to review applications for permits to export LNG to non-free trade agreement (non-FTA) countries, and for the DOE to update economic and environmental analysis to assess whether the applications were in the public interest.
The temporary nature of the pause was again stressed by Energy Secretary Jennifer Granholm during CERAWeek by S&P Global in late March, when she said that within a year, the pause would “be well in the rearview mirror.”
And the numbers for the U.S. only get better.
Taking into account authorized projects not yet under construction, the U.S. has another 123.6 mtpa of export capacity tied to pending final investment decisions or FIDs.
That said, total U.S. export projects—operating, under construction and authorized—with non-FTA countries is 319.8 mtpa, a massive volume. And that doesn’t include 47.9 mtpa tied to LNG projects located in northwest Mexico that will source feedgas from the Permian Basin and serve LNG demand centers in Asia.
These figures compare similarly to bear and bull estimates from East Daley Analytics, which call for 204.9 mtpa and 262.6 mtpa, respectively, of LNG capacity by year end 2030.
Again, for its part, Qatari LNG export capacity is only expected to reach around 142 mtpa by the end of the decade, according to data from state entity Qatar Energy.
No doubt, the Biden pause has generated strong reactions within and outside the U.S. as future LNG demand estimates are large and mainly tied to Europe, but also Asia, as countries and regions from China, South Asia and Southeast Asia continue to switch from coal to gas. By 2040, LNG demand is expected to reach 625 mtpa to 685 mtpa, Shell revealed in a recent study. That’s up from 404 mtpa in 2023.
Executives from American gas producers and LNG exporting entities continue to argue the benefits of U.S. energy. They say American energy helps allies and other countries lower their greenhouse-gas emissions while providing energy security, especially in the aftermath of Russia’s invasion of Ukraine in 2022, which drastically interrupted the flow of gas to Europe and Asia.
While the Biden pause is real, it’s important to remember its temporary nature and the possibility of outright abandonment during the tribulations of a presidential election year. The U.S. and Qatar liquefaction build-outs are also real and the numbers point to the U.S. winning on that front by 2030 and even by 2050. Maybe it’s not a blowout, but it will still be a U.S. win and the “Star-Spangled Banner”’ will still play during the medal ceremony.
https://www.hartenergy.com/exclusives/pitts-us-qatar-face-lng-olympics-209034
Xl175
2 days ago
The only thing that matters to the current administration is remaining in power. LNG appears to be a political agenda item just as student loan debt, men in girls locker rooms, support for Hamas, guns for the Jews, Illegal immigration. They will stop at nothing for votes, however this has been an overt play on both sides of many issues, we the people see what is going on. Biden will be fired.
Mr. C
2 days ago
No, you just exaggerate my points to fit some opposing absolutist narrative that I must subscribe to.
If Delfin was ready under Trump and had everything lined up then they would’ve FID’d, but they weren’t and they didn’t. That was almost 4 years ago.
It’s just unfortunate now that they are further along that they are caught in a liberal admin with a vendetta against LNG.
Saying this rejection from MARAD and delay of two years would probably not have happened under a Republican or DJT admin is not an out there statement. Response times went from a few months to over a year when the new admin came in.
In fact, the Republicans are the ones who went to bat for Delfin and wrote a letter of Support.
It’s also not crazy to say, as XL has, that under a Biden admin this LNG war with Russia might have helped in its own way and brought Delfin closer then it ever could’ve gotten on its own, while still being held back ultimately by this same impetus.
I can also see both sides, but to say if Republicans were in power this would be a less likely situation with MARAD is not crazy
dinogreeves
2 days ago
No matter which side you are or Republican or Democrat, the fact still remains, Delfin needs way North of 71% to make this ticker a viable merger, not to mention the first sign we need to see on OTC Markets is Egan gone and Jones is listed and business description of Delfin to know wheels are in motion, as of right now Delfin's website hasn't even been updated since last year, maybe they have too much headache with MARAD and DOE, hopefully by June 1st we hear something from them.
https://www.otcmarkets.com/stock/TGLO/profile
senor_c
2 days ago
Brapp - I thought you knew me better. You should also know that I like f'ing with X, so there's that. Buuutttt.....If presidents are all powerful and can make everything right (like DJT will do once he's in power again for Delfin), then his appointee Buzby could have just cut all the red tape and said, "Here, Delfin, you've done enough in my mind. Thank you for the updates. Here's your license." But he didn't....that's how he's relevant based on the logic of some here. But we both know better...or at least I do.
dinogreeves
3 days ago
I wasn't talking about me, but if you must know, a Zero. The fact still remains, like I have asked before maybe 2-3 times already, what did Delfin accomplish when Trump was the President? Nothing, nada, zilch. Republican or Democrat, Delfin needs way more than 71% control to make this ticker a viable merger candidate, period.
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Brapp
2 days ago
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