.. The bottom line is clear:
The U.S. natural gas and LNG industry sits in an enviably dominant global position heading into the future.
Production growth fuels export expansion, which secures long-term partnerships in high-growth Asian markets.
Domestic consumers and manufacturers benefit from stable, affordable energy that supports jobs and economic competitiveness. Globally, American LNG helps displace coal in Asia, bolstering energy security where it’s welcomed. ..
temporal1 wrote: ↑Mon Jun 15, 2026 11:13 am
Memory Lane:
Key points:
2008 peak: ~$4.11/gal in July 2008 U.S. Energy Information Administration (EIA).
2008 low: ~$1.59/gal by late December 2008 Democratic Underground+1.
$1.87/gal: Occurred in February 2009, not 2008 Democratic Underground.
Context: The sharp drop in late 2008 was due to reduced global demand during the financial crisis, not a policy change by the Bush administration Democratic Underground.
If you are looking for a 2008 price of $1.87, it would have been in the first half of 2009, not 2008.
For 2008, the only time prices were near that level was in the final months of the year, just before the crash.
Yes. i’m looking for -$2/gal gasoline.
Are they suggesting that the price went from $4.11 to $1.59 without ever hitting $1.87? Must be AI.
The quote is likely AI.
My hope is to remind folks that gasoline has been -$2/gallon in recent years.
i’d be happy to think most believe -$2/gallon is normal.
i’m afraid “the airwaves” have successfully altered opinions away.
