←back to thread

Europe is locking itself in to US LNG

(davekeating.substack.com)
151 points hunglee2 | 3 comments | 16 Sep 25 13:56 UTC | HN request time: 0.003s | source
Show context
mytailorisrich ◴[16 Sep 25 14:06 UTC] No.45262444[source]▶
Another level of irony is that this is partly because Europe does not want to develop shale gas for environmental reasons, so it imports US LNG... which is mostly shale gas [1].

The US love Europe's policies...

[1] https://www.reuters.com/business/energy/surging-us-lng-expor...

replies(8): >>45262480 #>>45262532 #>>45262534 #>>45262538 #>>45262550 #>>45262558 #>>45262853 #>>45262941 #
panstromek ◴[16 Sep 25 14:41 UTC] No.45262941[source]▶
I don't think this is true, Europe just doesn't have these reserves. If Europe had oil and gas reserves, they would not even build gas pipelines from Russia in the first place.
replies(2): >>45263045 #>>45263229 #
mytailorisrich ◴[16 Sep 25 15:00 UTC] No.45263229[source]▶
That's not how the world works...

Shale gas exploitation is banned in Europe so no-one is spending money looking for it, but estimates are that reserves are significant.

replies(1): >>45263812 #
1. panstromek ◴[16 Sep 25 15:44 UTC] No.45263812{3}[source]▶
Yea, the world works by imagining shale gas into existence.
replies(1): >>45264447 #
2. mytailorisrich ◴[16 Sep 25 16:30 UTC] No.45264447[source]▶
Please don't do that...
replies(1): >>45266007 #
3. panstromek ◴[16 Sep 25 18:31 UTC] No.45266007[source]▶
Sorry, you won't get any reasonable response for that condescending tone, especially since you clearly didn't even do a basic google search for that estimate to see how low it is, so your "I'm gonna teach you how the world works, kid" attitude is not even justified.