US to "back up" China and Indias demand for Natural Gas, "until its dry" Gas export will lead to loss of much rental housing nationwide
US families, as long expected will soon be engaged in a bidding war for natural gas for cooking and heating with the other 7 billion people in the world, adding an unknown amount to our heating and cooling bills.. A story in the New York Times shows how the real news is skillfully hidden and concealed.. And How we are being manipulated by the Russia Russia Russia dialog..
We see the first story and its deceptive headline "U.S. to Bolster Europe’s Fuel Supply to Blunt Threat of Russian Cutoff"
Most Americans dont realize that we are committed to "Most Favored Nation" which mens that once we sell it to one other country, we must sell to all other WTO Members, including China and India.
So, that means, we suddenly are bidding against the whole rest of the orld for US natural gas. And those prices are much more than Americans are used to. The price to US families could easy end up triple the current prices within two or three years.
Would we be able to stop exporting if say, millions of Americans are forced to move sothward to catch up with the suns rays so they can live where they can afford heat? No. not unless we are ready to pay millions of dollars in compensation to "injured parties" for example, the companies that are coverting LNG terminals that not long ago imported LNG so they can be used to export it. All 3ISDS suits under the Energy treaties have been huge.
i THINK THAT ENERGY BILLS WILL SOON BECOME THE STUDENT LOANS AND MORTGAGE bills OF THE 2020S
tHE HIGHER BILLS WILL ALSO MAKE IT POSSIBLE FOR MILLIONS OF APARTMENT BUILDINGS TO BE TORN DOWN IN CITIES, MULTIUNIT MULTIFAMILY BUILDINGS - THOSE BUILDINGS TO BE TORN DOWN IN CITIES.
There is another story - the one about WTO putting tariffs on wood exports, whether they have a legal right to make wood more expensive. No this is not about firewood, its about conifer woods used in building.. The kind people build houses on. No doubt as apartment buildings are torn down, houses will need tobe built for the soon to be homeless..
, this will be a test case to make sure we cant bow out of the export of the LNG, as it will create a legal precedent..
This is exactly the kind of case that the WTO often decide now. Just like we wont be able to say no on the export of natural gas, to save our seniors from freezing and our urban dwellers postwar multifamily rental housing, Russia wont be able to say no on the export of their trees.