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The U.S. and Europe Move to Turn Off Russian Gas – But Wait…

&NewLine;<p>Finally&comma; a move that makes sense&comma; President Joe Biden and European Commission President Ursula von der Leyen pledged &lpar;&quest;&rpar; to ramp up liquefied natural gas &lpar;LNG&rpar; into Europe in order to reduce its exposure to Russian control of its energy&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>But wait&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>Unfortunately&comma; energy experts say that the LNG industry is already near its capacity&period; And it is LNG they talked about because they want to make sure to reach their climate change goals&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>Shipments to Europe have doubled since the beginning of the year but at the expense of Asian customers who hold long term contracts&period; Biden officials have said they &OpenCurlyDoubleQuote;can’t speak to exactly where the 15 &lbrack;bcm&rsqb; is coming from&period;”<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>But wait&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>The amount of LNG they were talking about is only one tenth of the 150 billion cubic meters Europe imported from Russian last year&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>My takeaways&colon;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>1&period; Europe cannot and will not wean itself from Russian energy&period; They are massively exposed to Russia&comma; Russia can send Europe back to third world status whenever it wants &lpar;albeit with temporary hardships to itself&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>2&period; Stiffing Asian customers is a massive mistake by the Biden administration&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>George McMillan has commented on this&comma; control of the pipelines &lpar;i&period;e&period; controlling and securing the territory they travel through&rpar; is a major reason for this invasion&period; But Russia has the option of sending its fuel to Asia&comma; specifically China&comma; which needs its badly&period; McMillan predicts that pipelines will stop being built east to west and will start being built north to south to reach its Asian customers more easily&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>By stiffing the Asian customers&comma; those customers are forced to seek energy any way they can get it&period; Getting it from Russian may mean joining the Russian&sol;Chinese coalition that seems to be forming quickly&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>This move is a step toward a new cold war&comma; with the world bifurcating along the lines of energy availability&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>3&period; America&&num;8217&semi;s security is threatened&period; Biden is still unwilling to increase the production of oil at home&comma; citing climate change BS&period; If Russia is able to shift its markets away from Europe quickly&comma; the shortage will hit all of the West&period; We already see a massive increase in gasoline prices&period; Any third world countries we consider our allies will be hit hard and may be prone to distance themselves from us&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>4&period; Biden&&num;8217&semi;s willingness to &&num;8220&semi;put lipstick on that pig&&num;8221&semi; never ceases to amaze me&period; Anyone who reads any of the articles produced by mainstream media outlets with even an ounce of integrity will know that Biden&&num;8217&semi;s moves accomplish exactly the opposite of what he intended&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>The propaganda coming out of the Biden White House&comma; supported by mainstream media has grown to shocking levels&period; &nbsp&semi;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>Do we still live in a free society&quest;<&sol;p>&NewLine;

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