🇺🇸🇪🇺 Decoding Trump’s LNG Offensive Against Europe
Energy is one part of a much bigger play
At the end of 2021, as the world was still climbing out of the pandemic, and when Western intelligence warned of a Russian offensive against Ukraine as Moscow amassed troops on the Ukrainian border, a major shift occurred in global energy markets: the US became the world’s largest exporter of liquefied natural gas (LNG).
The first time America exported LNG was in 2016 (from the lower 48 states), from a port in Louisiana to a buyer in Brazil. At that time, it was unclear whether the US would go from being a net buyer of energy to becoming a net exporter, upending how global energy markets function.
LAST DAY! 👇
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