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34 sats \ 4 replies \ @IamSINGLE 18h \ on: Why Europe Can't Take America's Gas (Financial Times, Hancock/Smyth/Tani) econ
Just to clarify, the numbers for the imports of gas for Europe from US might have increased but the numbers fir the imports of gas from Russia hasn't declined in the same proportion. This means that Europe has actually limited its imports from other other sources than Russia.
Why they think they are winning by importing more gas from USA?
not sure what your question is... wouldn't it be good, both for Americans and Europeans, if the EU imported more American gas...?
As for your observation, agreed. There's some hint in the article that there's been a substitution away from Russian oil and coal, and that the gas to some extent has replaced it
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I mean the imports of gas from Russia haven't declined, as you can see in my chart.
Your chart and news suggests that the gas imports from USA to Europe have increased.
Doesn't both of the above conclude that Europe is now importing less gas from other countries?
This also means that Russia isn't as affected as is proclaimed.
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no, because of what I said above: substitution fr other sources. That was suggested in the FT article too
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Okay. I see it now. I clearly missed on the 'substitution for resources'.
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