The issue is natural gas Henry Hub prices and the policy choice Trump made that has led to higher natural gas prices is approving every LNG export permit that Biden paused. So by January 2024 Biden had made us energy dominant but he could see more LNG export could lead to expensive natural gas for American consumers which defeats the purpose of being energy dominant. So Biden paused LNG permits to no ally countries because he wanted to help Europe wean off Russian natural gas. Republicans flipped out because Republicans are in the pocket of Big Energy and they don’t care about making America stronger they only care about profits…and exporting our natural gas to China is what they desire more than anything!!
Astute observations. I think Biden was partly pushed by environmentalists who just want less gas burned, period, but domestic costs definitely had something to do with it. You're right, Trump seems to have no idea how much gas costs or how much consumers have to pay for it (including electricity)
Once Putin invaded Ukraine Biden did the sensible thing and delayed decreasing fossil fuel consumption for another day. So we had record fossil fuel production and LNG exports under Biden which is obviously continuing under Trump. So I remember in late 2021 Markey and AOC truly believed that the IRA would include penalties on fossil fuel production and the White House essentially laughed in their faces…which is why the Progressive Caucus actually drafted a letter opposing helping Ukraine in 2022 because that was the reason the WH gave for dismissing the penalty.
Nobody in America has any clue what LNG is including Speaker Johnson who represents the state in which the vast majority of LNG export terminals and pipelines are being built. The actual natural gas that is exported comes from Johnson’s district and it is sent via pipeline to Lake Charles metro to be sent around the world. Anyway, start checking out Henry Hub prices every day but be forewarned that unlike oil natural gas is measured a million different units and your brain will have no clue what any of them mean unlike oil which is measured in barrels which you can picture in your brain. Even in BTUs it will be in metric and cubic feet in the same article…it’s very confusing.
Health Care prices, most notably insurance costs, are set to spike rapidly next year. That is not reflected in the graph above. That is one of the most important items that Americans will feel in the upcoming year that Trump and the Republican Party are ignoring. I agree that the ACA is broken, but none of the proposals so far make any sense. This is being driven by escalating medical costs that have so far not been addressed. I would not say that the insurers are benefiting from this as evidenced by the financial results of United Healthcare. Perhaps we should look at tightening what is covered by the ACA policies. GLPs are often pointed to as contributing to this, but what else? What is necessary and what isn’t? I think car prices, due largely to tariffs, will also drive transportation costs higher in the future, including another uptick in insurance costs due to higher values of the car prices themselves.
That's correct, I can't chart future inflation cuz I don't know what it will be! How to fix the ACA and health care in general? Ooooooboy I think I need to go get a Ph.D. in health care economics. But a couple ideas. 1. World's best HC systems tend to have blanket government coverage for everybody at a basic level plus private insurance for those willing to pay for more. Switzerland, I believe. 2. Here's a great podcast that addresses your very question ~ https://www.theatlantic.com/podcasts/2025/12/the-david-frum-show-jonathan-gruber-health-care/685126/ Gruber does have a Ph.D. and probably knows more than almost anybody on health care economics
I spend twice as much on food now than i did just before the virus manifested . I an my wife are the only two we feed and, it cost's per month five hundred dollars more than we used to pay.We do not drive much because, we are like Trump old folk.The cost of living is way out of control. Just look at the price of car's now. You could get a nice sedan for 38,000 dollar's now it will cost 45,000 or more.Health care is a joke. The real problem in America is the rich folk think they are going to win our hearts by trying placate us with Tariff rebate.s That want happen.
The issue is natural gas Henry Hub prices and the policy choice Trump made that has led to higher natural gas prices is approving every LNG export permit that Biden paused. So by January 2024 Biden had made us energy dominant but he could see more LNG export could lead to expensive natural gas for American consumers which defeats the purpose of being energy dominant. So Biden paused LNG permits to no ally countries because he wanted to help Europe wean off Russian natural gas. Republicans flipped out because Republicans are in the pocket of Big Energy and they don’t care about making America stronger they only care about profits…and exporting our natural gas to China is what they desire more than anything!!
Astute observations. I think Biden was partly pushed by environmentalists who just want less gas burned, period, but domestic costs definitely had something to do with it. You're right, Trump seems to have no idea how much gas costs or how much consumers have to pay for it (including electricity)
Once Putin invaded Ukraine Biden did the sensible thing and delayed decreasing fossil fuel consumption for another day. So we had record fossil fuel production and LNG exports under Biden which is obviously continuing under Trump. So I remember in late 2021 Markey and AOC truly believed that the IRA would include penalties on fossil fuel production and the White House essentially laughed in their faces…which is why the Progressive Caucus actually drafted a letter opposing helping Ukraine in 2022 because that was the reason the WH gave for dismissing the penalty.
Nobody in America has any clue what LNG is including Speaker Johnson who represents the state in which the vast majority of LNG export terminals and pipelines are being built. The actual natural gas that is exported comes from Johnson’s district and it is sent via pipeline to Lake Charles metro to be sent around the world. Anyway, start checking out Henry Hub prices every day but be forewarned that unlike oil natural gas is measured a million different units and your brain will have no clue what any of them mean unlike oil which is measured in barrels which you can picture in your brain. Even in BTUs it will be in metric and cubic feet in the same article…it’s very confusing.
Health Care prices, most notably insurance costs, are set to spike rapidly next year. That is not reflected in the graph above. That is one of the most important items that Americans will feel in the upcoming year that Trump and the Republican Party are ignoring. I agree that the ACA is broken, but none of the proposals so far make any sense. This is being driven by escalating medical costs that have so far not been addressed. I would not say that the insurers are benefiting from this as evidenced by the financial results of United Healthcare. Perhaps we should look at tightening what is covered by the ACA policies. GLPs are often pointed to as contributing to this, but what else? What is necessary and what isn’t? I think car prices, due largely to tariffs, will also drive transportation costs higher in the future, including another uptick in insurance costs due to higher values of the car prices themselves.
That's correct, I can't chart future inflation cuz I don't know what it will be! How to fix the ACA and health care in general? Ooooooboy I think I need to go get a Ph.D. in health care economics. But a couple ideas. 1. World's best HC systems tend to have blanket government coverage for everybody at a basic level plus private insurance for those willing to pay for more. Switzerland, I believe. 2. Here's a great podcast that addresses your very question ~ https://www.theatlantic.com/podcasts/2025/12/the-david-frum-show-jonathan-gruber-health-care/685126/ Gruber does have a Ph.D. and probably knows more than almost anybody on health care economics
Let's not pull punches. Trump is the liar-in-chief.
I spend twice as much on food now than i did just before the virus manifested . I an my wife are the only two we feed and, it cost's per month five hundred dollars more than we used to pay.We do not drive much because, we are like Trump old folk.The cost of living is way out of control. Just look at the price of car's now. You could get a nice sedan for 38,000 dollar's now it will cost 45,000 or more.Health care is a joke. The real problem in America is the rich folk think they are going to win our hearts by trying placate us with Tariff rebate.s That want happen.