Tariffs

Discussion in 'Politics' started by UsualName, Apr 2, 2025.

  1. Tuxan

    Tuxan



    Trump's trade guy says that robots will be making the iphones but Amercian workers will be lubing up the robots.
     
    Last edited: Apr 8, 2025
    #181     Apr 8, 2025
  2. Tuxan

    Tuxan

    Hmmm, Trump and his math skills... it struck me that 350 billion a year in LNG is really quite a lot.

    So I asked CGPT :
    Trump is demanding that Europe buys 350 billion in LNG every year from the USA. From a logistics viewpoint, isn't that a lot of ship? Do the exist, does Europe even consume that much gas?

    "Yeah, that’s a massive logistical demand. Let’s break it down quickly:

    1. How much is $350 billion in LNG?

    At today’s average LNG price (~$10 per MMBtu, though this varies), $350 billion would buy:

    35 billion MMBtu, or about

    ~950 billion cubic meters (bcm) of gas annually.



    For comparison:

    The EU’s total annual gas consumption is around 400–450 bcm.

    So Trump is essentially demanding Europe buy more than twice its total gas needs from the U.S. alone. That’s not just a lot of ships—it’s physically impossible.


    2. Do the LNG ships even exist?

    A typical modern LNG tanker holds ~170,000 cubic meters of LNG.

    To move even 100 bcm/year (a fraction of the 950 bcm needed), you'd need:

    Over 700 full-load LNG tankers making multiple round trips.

    And the entire global fleet of LNG carriers is only around 650–700 vessels total.



    So, no, the ships do not currently exist to meet that demand—even if Europe needed that much gas (which it doesn’t), and even if terminals existed at both ends (many still don't).

    3. Bottom line:

    Trump’s number isn’t just logistically unrealistic—it’s fantasy-level. It would require:

    Massive shipbuilding

    New export/import terminals

    And a fundamental rewrite of Europe’s energy policy

    It sounds like negotiation bluster, not an operational target.
    "

    Prompt: How much energy is required to liquify 35 billion MMBtu of natural gas?

    " To liquefy 35 billion MMBtu of natural gas, it would require approximately:

    3.5 billion MMBtu of energy, or

    About 1,026 terawatt-hours (TWh).


    That’s roughly equivalent to the total annual electricity consumption of France. Liquefaction is energy-intensive—and that’s before you even ship it across the ocean.

    The energy cost of liquefying 35 billion MMBtu of natural gas would consume approximately:

    3.5 trillion cubic feet of natural gas, or

    About 99.1 billion cubic meters (bcm).

    That’s nearly a quarter of the EU’s total annual gas consumption—just to make the gas cold enough to ship. It really highlights how energy-intensive and inefficient large-scale LNG exports can be."
     
    Last edited: Apr 8, 2025
    #182     Apr 8, 2025
    Ricter and gwb-trading like this.
  3. Buy1Sell2

    Buy1Sell2

    70 countries have now communicated to the White House that they would like to renegotiate their trade deal down.---proud to be an American!
     
    #183     Apr 8, 2025
    elderado likes this.
  4. gwb-trading

    gwb-trading

    70 Countries called the White House number and asked "Is your President Trump an idiot?"
     
    #184     Apr 8, 2025
    Ricter and insider trading like this.
  5. Buy1Sell2

    Buy1Sell2

    China will "fight to the end" ---but unless they do something dumb like attack us, they will eventually have to relent. They are only hurting themselves. Buy the way, attacking us in any view would end up hurting them as well.
     
    #185     Apr 8, 2025
    smallfil likes this.
  6. Tuxan

    Tuxan

    Well if Trump gets them to buy double their current annual consumption of LNG, maybe China will literally explode like Europe. Have the cinder to yourself then.

    Proud to an Americannot-do-basic-math you mean.
     
    #186     Apr 8, 2025

  7. They just have to bide thier time until Jan 2029.
     
    #187     Apr 8, 2025
  8. Buy1Sell2

    Buy1Sell2

    What happens then?
     
    #188     Apr 8, 2025
  9. gwb-trading

    gwb-trading

    There you go again thinking that there will actually be a Presidential election held in November of 2028.
     
    #189     Apr 8, 2025

  10. I wouldn't be surprised if Trump attempted another coup but I don't think he will succeed.
     
    Last edited: Apr 8, 2025
    #190     Apr 8, 2025