Harvesting Organic Waste Fuels to Bitcoin - Securing the World’s First Engineered Monetary Network aka #Bitcoin. (Acquired by @CrusoeEnergy 10/12/2022)
Satoshiville
Joined April 2020
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9/x Let’s say for simplicity’s sake that the EU consumes ~45bcf/day. Where the US exported in 2021 6.65tcf – which is roughly 18.2bcf/day *check my maths. Meaning there is still a deficit of 26.8bcf/day, ~60% shy of demand.
3/x And then, let’s go a step further. Let’s look at the production:consumption comparison, including imports. What this means; the Shale Rev unlocked a metric butt-load of NG production, and exports amount to the delta between our production and consumption – makes total sense.
2/x Now, let's talk about the amount of production from the US. The #unitedstates is a massive exporter of LNG; a massive source of reliable electricity generation as well as heating.
1/x Would you like to know, even (especially) if you live in the #unitedstates, why you should be paying attention to the global energy conversation? Let's start with a comparison of the costs between wellhead, city and residential.
