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Europe is locking itself in to US LNG

(davekeating.substack.com)
151 points hunglee2 | 1 comments | | HN request time: 0s | source
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jmclnx ◴[] No.45262677[source]
With a "normal" US Admin, I doubt this would be a concern. With this current regime, it could be risky. I could see Trump having a fit and if he realizes the EU needs US LNG, he could cut the supply or put a huge tax on it.

But if that happens, maybe the US Fossil Fuel "Cartel" will revolt. I think the EU really need to accelerate their renewal push even more. From what I read they are doing good w/renewals, but I would be nervous if I was in the EU until renewals and/or nuclear power provides 90% of the power.

replies(2): >>45262855 #>>45266076 #
1. some_random ◴[] No.45262855[source]
True but if Europe was willing to accept Russian gas fueling their economy then they have no excuse to not accept American gas in it's place.