Russia Overtakes U.S. As Gas Supplier To Europe
“It’s striking to see the market share of Russian gas and [liquefied natural gas] inch higher in Europe after all we have been through, and all the efforts made to decouple and de-risk energy supply,”
According to some of the more cynical elements out there, the entire Ukraine war as orchestrated by Victoria Nuland and various energy-tied elements in the deep state, was meant to do one thing: replace Russia with the US as the primary supplier of European gas (and the recent sabotage of the Nord Stream pipeline, only seems to validate this particular “conspiracy theory.”)
And if indeed it is the case that the war was meant to replace one European energy supplier with another, then we have bad news: the war has been for nothing. According to the FT, Europe’s gas imports from Russia once again overtook supplies from the US for the first time in almost two years in May, despite the region’s efforts to wean itself off Russian fossil fuels since the full scale invasion of Ukraine.
https://www.zerohedge.com/markets/russia-overtakes-us-gas-supplier-europe
Meanwhile, the U.S. is so overflowing with natty that many companies have to PAY to get rid of it. As in paying the recipient to receive it and take it off their hands. The abundance of energy in the U.S. and Kanada is mind-boggling. And we haven’t even tapped the multi-billion barrels in the ground in Montana. Gasoline and natty in the U.S. should be dirt cheap.
Should be, except…
Oil production in the U.S. in 2023 = record high. And 2024 will set another record.
How are you cannucks doing??
LOL…this is hilarious
Europe is depedent on Russia for it’s energy…after all this ?
This WW3 Bullshit is all Bluff IMO
NATO and USA KNOW they are out manned and out gunned and out determined
Russians KNOW this is existential
What do 18 to 26 year old “Children” in the USA know ?
They don’t know shit and they don’t give a shit
NO WAY War against China Russia North Korea and Iran is happening…call their BLUFF already….they’ll go slinking back into their holes