You edited your comment after I commented, so I was only responding to your first sentence.
But again, your conclusion that "the US is “deindustrializing Europe” due to Russian oil/natural gas being cut off to Europe just doesn’t hold water. Europe took significant steps almost immediately after Russia invaded Ukraine to wind down their reliance on Russia for energy, because they recognized Russia could use that reliance as a weapon against Europe, which they proceeded to do. Russia had purposefully ceased output through the Nordstrom pipeline well prior to the pipeline attack.It was delivering 170 million m³/day prior to all this, then Russia cut the flow to 40m m³ by June '22, 20m m³ by July, and zero m³ by August. The attack that September was on a pipeline that was not even delivering gas. Russia was the one that cut this supply to Europe, not the US.
At the same time, European countries immediately stepped up to diversify their energy portfolios. Yes, they did increase their imports of US and Middle Eastern LNG. They also increased their use of lignite and coal, which are mined in Europe, and increased the pace of development of wind and solar projects.
In conclusion, 1. Russia cut Russian natural gas supplies to Europe, not the US. Ukraine just saw to it they couldn’t restart. 2. Europe is not relying on only the US to fill that energy gap, but increased imports from across the world and increased domestic production. 3. Natural gas prices have stabilized
You edited your comment after I commented, so I was only responding to your first sentence.
But again, your conclusion that "the US is “deindustrializing Europe” due to Russian oil/natural gas being cut off to Europe just doesn’t hold water. Europe took significant steps almost immediately after Russia invaded Ukraine to wind down their reliance on Russia for energy, because they recognized Russia could use that reliance as a weapon against Europe, which they proceeded to do. Russia had purposefully ceased output through the Nordstrom pipeline well prior to the pipeline attack.It was delivering 170 million m³/day prior to all this, then Russia cut the flow to 40m m³ by June '22, 20m m³ by July, and zero m³ by August. The attack that September was on a pipeline that was not even delivering gas. Russia was the one that cut this supply to Europe, not the US.
At the same time, European countries immediately stepped up to diversify their energy portfolios. Yes, they did increase their imports of US and Middle Eastern LNG. They also increased their use of lignite and coal, which are mined in Europe, and increased the pace of development of wind and solar projects.
Also that natural gas supply shock is over. Look here at a chart of natural gas prices over time
In conclusion, 1. Russia cut Russian natural gas supplies to Europe, not the US. Ukraine just saw to it they couldn’t restart. 2. Europe is not relying on only the US to fill that energy gap, but increased imports from across the world and increased domestic production. 3. Natural gas prices have stabilized