Friday, June 6, 2025

"US Targets Niche Gas That China Can't Replace as Trade War Chip"

From Bloomberg via Canada's Financial Post, June 6:

The US is using its dominance of a niche petroleum gas as a bargaining chip in its trade war with China.

US Targets Niche Gas That China Can't Replace as Trade War Chip - Bloomberg 

America supplies China with almost all of its ethane, a product of the shale boom that’s used as a building block for making plastics. But the commerce department is now ordering shippers to apply for export licenses, and has told at least one, Enterprise Products Partners LP, that it intends to withhold permits for three China-bound cargoes....

....MUCH MORE