Freeport LNG currently claims that some liquefaction operations will start in December and that complete operations won’t start until March. The company had stated it would get its LNG facilities back online in October following a significant explosion in June, a timeframe that has been repeatedly postponed.
The facility was responsible for nearly one-fifth of all U.S. gas exports, and the quick decline in methane gas prices following the initial explosion and any delays shows how much LNG exports are contributing to the increase in methane gas prices.
In the last two years, the cost of heating a home in the United States using fossil fuels has soared, forcing families to choose between heating their homes and putting food on the table while oil firms have achieved record profits.
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50 or 55 degrees are present inside. Tim Wiseley, a 67-year-old retiree living off of Social Security benefits on a month-to-month basis, told CNN that he finds his home south of Philadelphia tolerable and that he won’t turn on his furnace until his “teeth clatter.”
As COVID stimulus funds run out, federal heating assistance programs will have 42% less money to give out this winter. Wiseley described the sensation as being awful. I wouldn’t want that sensation on anyone.
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To Delve Farther Further:
Houston Chronicle, E&E, OilPrice, and Politico Pro; CNN and NBC for heating prices
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