> Europe essentially banned cheap energy sources. The winter is coming. Despite global warming, somebody (starts with U, ends with S) will make a pretty penny.
Ah yes, the country of Urussias. Or perhaps you mean Unorways. Or Ualgerias? Or Usaudi Arabias?
"The tug of war between Europe and the biggest buyers in North Asia caused the price of LNG to soar, and contributed to a quadrupling of European benchmark gas prices between the start of 2022 and late August."
That graphic needs to be updated to reflect an entirely different new world, it’s from 2016, the same year the US lifted a 40 year old ban on oil & gas exports.
It’s now the largest LNG exporter in the world in 2022, though that hardly benefits the country directly in terms of making a pretty penny.
EU imports of US LNG eclipsed monthly Russian pipeline output as recently as June.
These figures will be updated to reflect an entirely different new world. They’re from 2021, the year before Russia invaded Ukraine and Europe’s energy supply was dramatically changed at both ends.
Natural gas in the EU is generally used to heat homes and power industry, it and other sources of energy aren’t immediately fungible.
I don’t subscribe to realism and don’t personally blame anyone but Russia and the EU member energy policies responsible for this situation unlike the Russian sympathetic commenter you originally responded to, but using pre war figures on top of pre export ban statistics does border closely on disingenuity given how loudly and rapidly changes have been occurring in 2022.
Knock Russia off those lists and America still isn't close to the largest source of energy imported by the EU. Even for somebody inclined to conspiracy beliefs, why blame the US instead of Norway? Because he has a grudge against America, obviously.
Ah yes, the country of Urussias. Or perhaps you mean Unorways. Or Ualgerias? Or Usaudi Arabias?
https://en.wikipedia.org/wiki/Energy_policy_of_the_European_...