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LNG macro analysis, page-2443

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jwhiteman

2,366 Posts.

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25/04/20

14:51

Post #: 44252099
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Originally posted by Snorky: ↑

The trade war started in the first quarter of 2017 when Trump signed two executive orders. One called for tighter tariff enforcement in anti-subsidy and anti-dumping trade cases and the other a review of U.S. trade deficits and their causes. A fair amount of the 'bullish' statements from management were made after the trade war started. (Trump was actually referencing trade with China during his election campaign but obviously couldn't do anything about it).

COVID-19 was first reported at the end of December 2019 when Wuhan Municipal Health Campus reported a cluster of pneumonia cases in Wuhan. The outlandish statements from management were made long before COVID-19 could be used as yet another excuse of not reaching FID.

Still can't see any issue with their statements?

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The trade war impacted LNG when tariffs were put on LNG in September 2018 and all of those statements were prior to that time. Do you see why those statements aren't a problem?

Last edited by jwhiteman: 25/04/20

LNG Price at posting: 4.5¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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