Okay, the prices down probably is empty words aimed at the domestic market.
Yes, filling reserves is a big price increase. Exporting to world is also less oil available to Americans, and higher prices for them.
Oil is a fungible product. If someone buys American rather than Middle-Eastern or Norwegian oil, the price of Middle-Eastern or Norwegian oil goes down to meet the demand that exists.
LNG is especially expensive compared to pipelines. Big energy to freeze and thaw it, with expensive facilities to do it. Russian LNG to Europe was still 16%. 1/3 that of US imports. US energy imports is more about being a good colony than getting the best price. I was just commenting on shipping costs, and US energy is about $1-$2/bbl more expensive than closer energy by ship.
Apparently it wasn’t, just an extortion tool by Russia, so bloody well time to cut it.
Even if your reality bubble is that Russia wasn’t forced to neutralize Ukraine, you cannot claim that it was the one who refused to sell energy to Europe. War is primarily over nordstream and US capture of EU energy.
Really, going green is our best bet, not just for climate change or other environmental damage, but sheer energy independence.
Europe has made exceptional, global leading, advances this year on this objective. Increasing electricity production, while decreasing both NG and coal use by over 10%. Key to dealing with Trump threats is to maintain that progress above all else, but hatred for Russia will likely cause more desperate US sycophancy.
Yes, filling reserves is a big price increase. Exporting to world is also less oil available to Americans, and higher prices for them.
LNG is especially expensive compared to pipelines. Big energy to freeze and thaw it, with expensive facilities to do it. Russian LNG to Europe was still 16%. 1/3 that of US imports. US energy imports is more about being a good colony than getting the best price. I was just commenting on shipping costs, and US energy is about $1-$2/bbl more expensive than closer energy by ship.
Even if your reality bubble is that Russia wasn’t forced to neutralize Ukraine, you cannot claim that it was the one who refused to sell energy to Europe. War is primarily over nordstream and US capture of EU energy.
Europe has made exceptional, global leading, advances this year on this objective. Increasing electricity production, while decreasing both NG and coal use by over 10%. Key to dealing with Trump threats is to maintain that progress above all else, but hatred for Russia will likely cause more desperate US sycophancy.