The Longer The U.S.’s Pause On LNG Projects Goes On, The Better It Is For Russia

Last week’s attempt by the U.S.’s Republican-controlled House of Representatives to unblock the stoppage on approvals of permits for new liquefied natural gas (LNG) looks highly unlikely to succeed. Despite the House approving a bill to remove the pause on LNG permits, it still needs to be passed in the Democratic-controlled Senate and then to be signed by Biden to become law.

LNG remains the key emergency energy source in the new global oil market order, as analysed in full in my new book of the same name, and without the U.S.…