When it comes to the supply of energy, the Russians can be relied upon. According to the latest statistics, Russia has once again overtaken the United States as a supplier of gas in Europe. Despite all the sanctions packages and all the attempts at escalation on the battlefield in Ukraine, the Europeans are dependent on cheap gas from Russia in order to advance their self-hallucinated dream of an energy transformation, even at a snail's pace. This is one of the few real stories behind the gigantic propaganda curtain that is drawn under our noses every day.
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This has to be. US has already failed them last year.
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WTF !
I'd heard that the gas was arriving but was going to take a tour of other countries.
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That comes above it, too
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To some degree, that's because a lot of our energy exports go west.
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Didn't the demented zombie close an LNG port last year, too, to f..ck off the germans?
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That wouldn't surprise me, but I don't remember. I do remember him blowing up your gas pipeline and pretending Putin did it.
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But do not forget that UK always is behind these things, too. We live in a lovely clown matrix
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The United States has become a major exporter of liquefied natural gas (LNG), with Europe and Asia being the primary destinations[1][3]. In 2023, the U.S. surpassed Qatar and Australia to become the world's largest LNG exporter[1].
Europe, in particular, has significantly increased its reliance on U.S. LNG imports since Russia's invasion of Ukraine in 2022[1][4]. In 2023, the U.S. supplied 19.4% of the EU's total gas imports, making it the second largest supplier after Norway[4]. U.S. LNG imports to the EU nearly tripled compared to 2021[4].
Asian countries like China, Vietnam, the Philippines, and India are also major consumers of U.S. LNG[3]. As European gas demand is expected to decline in the 2030s, the planned expansion of U.S. LNG export capacity will primarily aim to meet the anticipated rise in demand in South Asia and Southeast Asia[3].
However, the increasing reliance on U.S. LNG exports also introduces new risks for importing countries, such as potential supply disruptions, environmental concerns, and economic challenges[1]. The Biden administration has also announced a temporary pause on approving new LNG export facilities while it updates its approval process[2].
Sources [1] Gas-Addicted Europe Trades One Energy Risk for Another https://www.bloomberg.com/news/features/2024-01-27/europe-s-energy-security-at-risk-due-to-reliance-on-us-natural-gas-exports [2] 1.3 Problematic Dependence on Foreign Fuel Sources | EGEE 439 https://www.e-education.psu.edu/egee439/node/642 [3] Geopolitical Significance of U.S. LNG - CSIS https://www.csis.org/analysis/geopolitical-significance-us-lng [4] Where does the EU's gas come from? - Consilium.europa.eu https://www.consilium.europa.eu/en/infographics/eu-gas-supply/ [5] Timeline: Oil Dependence and U.S. Foreign Policy https://www.cfr.org/timeline/oil-dependence-and-us-foreign-policy
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Look at Norway 🇳🇴
The United States has become the world's largest exporter of liquefied natural gas (LNG), exporting about 12 billion cubic feet per day (bcf/d) in 2023, equivalent to 10.5% of domestic marketed production that year[3]. This LNG export boom is primarily the result of the shale revolution, which unlocked an abundance of affordable natural gas and oil[3].
U.S. LNG exports have grown significantly since 2016, with seven large export facilities constructed in Texas, Louisiana, Maryland and Georgia that can export around 11.4 bcf/d[1]. Another five projects along the Gulf Coast are already permitted and under construction, capable of exporting an additional 9.7 bcf/d by 2027[1].
In 2023, the U.S. became the world's largest LNG exporter, as well as a major consumer, with Americans spending $269 billion on natural gas, an all-time high[2]. Several additional export terminals are in development, including two facilities on Mexico's West Coast, which would draw from Western U.S. gas fields[2].
However, in January 2024, the Biden administration announced a temporary pause on approving new LNG export facilities while it updates its process for determining whether such approvals are in the public interest[3]. This pause does not affect existing terminals or projects already under construction[3].
The U.S. LNG exports have had significant economic, environmental and geopolitical implications. Economically, exports have boosted domestic natural gas production and created jobs[3]. Environmentally, U.S. LNG is 41% cleaner than Russian natural gas delivered to Europe[4]. Geopolitically, U.S. LNG has enabled Europe to reduce its reliance on Russian gas by more than half since Russia's invasion of Ukraine in 2022[1].
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21 sats \ 1 reply \ @TomK OP 17 Jun
Well done
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💯
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Not a surprise here. I'm hopeful the U.S. and Europe remain big losers in this situations, not because I don't love my country and allies - but because I want a critical lesson to be learned by those in power.
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This is what happens when the Admin throws a wrench into how everything works by halting export permits to the EU. Looking at you DOE and Sec. Grandholm.... Stupid policy = stupid results
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Probably already was before 😂😂 Where do people think the gas from Turkey originally came from? 🤣 And when China buys more Russian gas and therefore less from the middle east and then the middle east sells more to Europe... that's just like russian gas with extra steps 😂
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