Of course that shithead would
There is a $44B NG/LNG project they have approved but no one wants to buy. It would have a 1Trillion cf NG per year capacity. For 10%/year “payback” needs $4.40 operating profit per mmbtu, which is more than than current price of NG.
NG is a declining use commodity in the world, with EU and China having 10% reductions for electricity last year. Russia and Australia can supply Asia from existing facilities, and even US gulf coast has too much export capacity relative to future demand, and easier expansion possibilities/commitments. There is no room for this new project even if “allies” are subjugated to buying from US.
Thanks for the reality check. I had wondered about NG. One of my first IT jobs was for a place that made burners to vent the waste from drilling. Wasn’t profitable then, wondered if it was now. BTW, John Zinc in Tulsa, OK also designed burners for the Third Reich. Yeah, they don’t talk about that, but old people that worked there knew.