Submitted by AmethystOrator t3_zxei84 in worldnews
KhunPhaen t1_j20x238 wrote
The Americans were salivating at the chance to massively increase LNG delivery to Europe since before the war even started. It's now happening.
Ill-Forever880 t1_j20zi5t wrote
Make money selling weapons to clobber the Russian Army while simultaneously taking over their gas export markets. This is an American dream come true - a twofer!
[deleted] t1_j22ih62 wrote
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CE0_of_SIMPING t1_j21h4h6 wrote
That’s just the energy side of this. EU Manufacturing is still in a bad spot. Heavy Manufacturing still needs oil (Russian crude is used for most EU manufacturing like cars, electronics, etc). It’s going to take a lot of refitting for the entire problem to be solved… (refitting EU manufacturing to a different type of crude)… b4 Germany sees its population and then economy start to decline.
The_Grinning_Reaper t1_j21l33j wrote
Russian oil accounted for 30% of EU crude imports prior to the war.
CE0_of_SIMPING t1_j21nk9q wrote
Is that supposed refute what I said?
The_Grinning_Reaper t1_j21oq64 wrote
Well, it’s not most even though biggest.
CE0_of_SIMPING t1_j21peas wrote
Seems like that 30% of total oil export (a very specific type of oil) is very crucial to the manufacturing industry in the EU… better?
krneki12 t1_j23oetc wrote
It is either losing the US markets or having cheap gas.
The choice is a no-brainer.
CE0_of_SIMPING t1_j244ipk wrote
There is no choice rn… EU manufacturing is pretty much dead until they retool their processes to weed out Russian crude.
krneki12 t1_j247aem wrote
EU GPD is going brrrrr
ScoobiusMaximus t1_j24nd7v wrote
Oil is a lot easier to solve for than gas. Oil tankers are a lot cheaper than LNG ships and there are more of them.
CE0_of_SIMPING t1_j24t6rz wrote
But it’s not. If anything the energy side of the issue is the easy solve. It just takes time for LNG ports to get set up.
BioRunner033 t1_j21rqu3 wrote
How are they making money? Are they not using government funds to pay for these weapons?
falconzord t1_j21wjic wrote
For Ukrainian donations yes, but other countries are buying full price to bolster their own defenses.
SighRu t1_j22svc4 wrote
Well.. American arms manufacturers are certainly profiting. In fact they stand more to gain from this conflict than anyone else by a long shot.
ToughQuestions9465 t1_j22okxm wrote
Lots of that gov money went to modernizing their own weaponry while sending their old stockpiled weapons to Ukraine. It's a third win to US really.
Mushroom_Tip t1_j215cc3 wrote
Just add it to the list of ways Putin being an inept leader and a moron made NATO and America even more relevant and powerful.
Time-Traveller t1_j22xhkw wrote
Either that, or more proof he's a CIA asset.
ric2b t1_j23else wrote
That would be incredible.
[deleted] t1_j21lz10 wrote
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RiceMan12 t1_j21l0bf wrote
The US was at LNG production capacity already prior to the war. They’re just changing who they sell it to. This isn’t a giant incremental cash grab.
falconzord t1_j21wrm9 wrote
The price will be more favorable when you don't have to compete with a pipeline
reven80 t1_j22ns7s wrote
Doesn't Norway have pipelines? They could certainly provide it cheaper since there is no shipping costs.
falconzord t1_j22q5jg wrote
They can't replace everyone's demand
Mission_Nectarine_99 t1_j236tmg wrote
I'm surprised Biden didn't stop it altogether.
[deleted] t1_j217jsu wrote
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LayneLowe t1_j22lu66 wrote
I believe there's a lot of gas around Africa. It makes logistical sense to supply Europe from there. I would hope that gives jobs and money to the populace, but I don't have high hopes that oligarchs will end up with it.
darthn3ss t1_j23xaky wrote
Why haven’t we built a fleet of nuclear powered supertankers yet?
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