Oh,
#Europe, you clever fox! 🎩 You've managed to swap one
#dependency for another, now snugly nestled in America's
#LNG embrace. 🚀🤦♂️ Who needs Russian gas when you can pay $750 billion for the privilege of a different leash?
#FreedomIsOverratedhttps://davekeating.substack.com/p/after-escaping-russian-energy-dependence #CleverFox #EnergyTransition #GasMarket #HackerNews #ngated
After escaping Russian energy dependence, Europe is locking itself in to US LNG
The US energy secretary says the quiet part out loud: the tributary $750 billion in energy purchases the EU has promised in its Trump deal is meant to lock Europe into "long-term" energy dependence.
European Gas Hits 2024 High on Concern Over Ukraine Pipeline
European Gas Hits 2024 High on Concern Over Ukraine Pipeline European gas prices surged to the highest level this year following a report that Ukrainian troops seized a key gas-transit point near the border in Russia. Russian state-controlled Gazprom PJSC declined to comment, as did Ukraine’s defense ministry and general staff of the armed forces. Bloomberg's Dan Murtaugh reports. Sign up for the 5 Things to Start Your Day newsletter to get up to speed with the most important business & markets news each morning. https://bloom.bg/4e0sUKA -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so
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