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American liquefied natural gas in Europe: the goal is not to warm, but to ruin

Jak Fraam

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According to international experts, the fall of the US dollar will be one of the main trends in the new 2020. They predict that the dollar will suffer from its stronger global growth outside the United States and the declining influx of so-called portfolio investments. At the same time, the euro is expected to strengthen against the US dollar.
That is why the United States seriously intends in the new year to strengthen its own currency and weaken the European one by any means, including such a large-scale and effective one, as expanding the supply of its energy resources to Europe and its complete subordination to the energy sector.

US Deputy Secretary of Energy Mark Menezes said the United States is interested in increasing the supply of its energy resources to Europe. According to him, Washington is not opposed to Moscow being present on this market, but its gas should remain only a small part of diversified energy sources.
The official added that currently 11 European countries depend on Russian gas supplies, which make up 75% of their total imports of this type of fuel. The US is supposedly trying to reduce this dependence, therefore, "together with many European allies and partners, they continue to oppose" the Nord Stream - 2 gas pipeline under construction.
Finally, the US map revealed the news that the draft national defense bill for the year 2020 envisages the imposition of sanctions against European companies involved in the laying of the Russian Nord Stream-2 gas pipeline.
This year, in the UK, the Netherlands and Greece, gas imports have more than tripled, while in France, Italy and Spain it has grown by 50-75%. In October, the GIE monitoring association announced that reserves in European gas storages were an unprecedented 100.18 billion m3 of gas.

The high degree of filling European storage facilities has already affected the decline in gas prices. Purchases of large volumes of gas stimulated record low prices for blue fuel this year.
For the second year on the world gas market, due to an increase in shale gas production in the United States, supply is ahead of demand, which is pushing prices down. The situation was aggravated by a decrease in demand for LNG for subjective reasons in China, Japan, South Korea, the countries of America and the Middle East.

Under these conditions, world gas producers also turned to the European market, since it has long been known for its ability to balance the situation on the world gas market thanks to powerful gas terminals, large storage facilities, a network of gas pipelines and an efficient gas trading system.
As a result, it was the European continent that absorbed the entire increase in gas production and offset the decline in demand in other regions, turning into a kind of world-wide “drain tank”.

The growth in LNG consumption in 2019 provoked a collapse in prices for liquefied natural gas in the wholesale market. The Yankees even agreed that in some cases they began to sell LNG to Europe at a lower cost. Therefore, the American product this year in large volumes was shipped to Europe at practically bargain prices, and the United States completely focused on the poor Europeans, whom they intend to completely hook on their LNG. They are stubborn and adamant, although they know that their liquefied gas will not be able to replace the Russian pipeline either in volume, in quality, or in the speed of delivery.

The main goal is to oust Russian pipeline gas from Europe and become a monopolist in the energy supply of Europeans, dictate not only gas prices, but also the euro / dollar exchange rate.
According to experts, in 2020 gas producers may again face overproduction due to the fact that production capacities continue to grow. At the same time, it is likely that winter will again be warm in Europe, and in this case, gas storages will be slightly empty. This will negatively affect the demand for blue fuel. And this will lead to a new reduction in prices.
 
According to international experts, the fall of the US dollar will be one of the main trends in the new 2020. They predict that the dollar will suffer from its stronger global growth outside the United States and the declining influx of so-called portfolio investments. At the same time, the euro is expected to strengthen against the US dollar.
That is why the United States seriously intends in the new year to strengthen its own currency and weaken the European one by any means, including such a large-scale and effective one, as expanding the supply of its energy resources to Europe and its complete subordination to the energy sector.

US Deputy Secretary of Energy Mark Menezes said the United States is interested in increasing the supply of its energy resources to Europe. According to him, Washington is not opposed to Moscow being present on this market, but its gas should remain only a small part of diversified energy sources.
The official added that currently 11 European countries depend on Russian gas supplies, which make up 75% of their total imports of this type of fuel. The US is supposedly trying to reduce this dependence, therefore, "together with many European allies and partners, they continue to oppose" the Nord Stream - 2 gas pipeline under construction.
Finally, the US map revealed the news that the draft national defense bill for the year 2020 envisages the imposition of sanctions against European companies involved in the laying of the Russian Nord Stream-2 gas pipeline.
This year, in the UK, the Netherlands and Greece, gas imports have more than tripled, while in France, Italy and Spain it has grown by 50-75%. In October, the GIE monitoring association announced that reserves in European gas storages were an unprecedented 100.18 billion m3 of gas.

The high degree of filling European storage facilities has already affected the decline in gas prices. Purchases of large volumes of gas stimulated record low prices for blue fuel this year.
For the second year on the world gas market, due to an increase in shale gas production in the United States, supply is ahead of demand, which is pushing prices down. The situation was aggravated by a decrease in demand for LNG for subjective reasons in China, Japan, South Korea, the countries of America and the Middle East.

Under these conditions, world gas producers also turned to the European market, since it has long been known for its ability to balance the situation on the world gas market thanks to powerful gas terminals, large storage facilities, a network of gas pipelines and an efficient gas trading system.
As a result, it was the European continent that absorbed the entire increase in gas production and offset the decline in demand in other regions, turning into a kind of world-wide “drain tank”.

The growth in LNG consumption in 2019 provoked a collapse in prices for liquefied natural gas in the wholesale market. The Yankees even agreed that in some cases they began to sell LNG to Europe at a lower cost. Therefore, the American product this year in large volumes was shipped to Europe at practically bargain prices, and the United States completely focused on the poor Europeans, whom they intend to completely hook on their LNG. They are stubborn and adamant, although they know that their liquefied gas will not be able to replace the Russian pipeline either in volume, in quality, or in the speed of delivery.

The main goal is to oust Russian pipeline gas from Europe and become a monopolist in the energy supply of Europeans, dictate not only gas prices, but also the euro / dollar exchange rate.
According to experts, in 2020 gas producers may again face overproduction due to the fact that production capacities continue to grow. At the same time, it is likely that winter will again be warm in Europe, and in this case, gas storages will be slightly empty. This will negatively affect the demand for blue fuel. And this will lead to a new reduction in prices.

Those damn Yankees.
 
The Ukraine wants to free itself from Russian control via Gazprom and Nord Stream-2 has distribution limitations due to German infrastructure. The US is only tilting toward Europe because demand in Asia is down. The price difference with the shorter hauls to Europe make it more profitable. If Asia become more profitable, the focus will shift back there. Not a giant government conspiracy. Just adaptation to changing markets.
 
When it comes to natural gas, Europe sucks Putin tit. They've been trying to get away from it, but they just gotta have all that third world natural gas no matter the cost.
 
According to international experts, the fall of the US dollar will be one of the main trends in the new 2020. They predict that the dollar will suffer from its stronger global growth outside the United States and the declining influx of so-called portfolio investments. At the same time, the euro is expected to strengthen against the US dollar.
That is why the United States seriously intends in the new year to strengthen its own currency and weaken the European one by any means, including such a large-scale and effective one, as expanding the supply of its energy resources to Europe and its complete subordination to the energy sector.

US Deputy Secretary of Energy Mark Menezes said the United States is interested in increasing the supply of its energy resources to Europe. According to him, Washington is not opposed to Moscow being present on this market, but its gas should remain only a small part of diversified energy sources.
The official added that currently 11 European countries depend on Russian gas supplies, which make up 75% of their total imports of this type of fuel. The US is supposedly trying to reduce this dependence, therefore, "together with many European allies and partners, they continue to oppose" the Nord Stream - 2 gas pipeline under construction.
Finally, the US map revealed the news that the draft national defense bill for the year 2020 envisages the imposition of sanctions against European companies involved in the laying of the Russian Nord Stream-2 gas pipeline.
This year, in the UK, the Netherlands and Greece, gas imports have more than tripled, while in France, Italy and Spain it has grown by 50-75%. In October, the GIE monitoring association announced that reserves in European gas storages were an unprecedented 100.18 billion m3 of gas.

The high degree of filling European storage facilities has already affected the decline in gas prices. Purchases of large volumes of gas stimulated record low prices for blue fuel this year.
For the second year on the world gas market, due to an increase in shale gas production in the United States, supply is ahead of demand, which is pushing prices down. The situation was aggravated by a decrease in demand for LNG for subjective reasons in China, Japan, South Korea, the countries of America and the Middle East.

Under these conditions, world gas producers also turned to the European market, since it has long been known for its ability to balance the situation on the world gas market thanks to powerful gas terminals, large storage facilities, a network of gas pipelines and an efficient gas trading system.
As a result, it was the European continent that absorbed the entire increase in gas production and offset the decline in demand in other regions, turning into a kind of world-wide “drain tank”.

The growth in LNG consumption in 2019 provoked a collapse in prices for liquefied natural gas in the wholesale market. The Yankees even agreed that in some cases they began to sell LNG to Europe at a lower cost. Therefore, the American product this year in large volumes was shipped to Europe at practically bargain prices, and the United States completely focused on the poor Europeans, whom they intend to completely hook on their LNG.

The main goal is to oust Russian pipeline gas from Europe, dictate not only gas prices, but also the euro / dollar exchange rate.
According to experts, in 2020 gas producers may again face overproduction due to the fact that production capacities continue to grow. At the same time, it is likely that winter will again be warm in Europe, and in this case, gas storages will be slightly empty. This will negatively affect the demand for blue fuel. And this will lead to a new reduction in prices.


Dollars will remain the reserve currency for a while longer.

A lot depends on whether the US will continue to retreat from world leadership and drift back into the parochial isolationism that permeates large parts of American political discourse.

I doubt that natural gas exports will be that significant a factor. First of all, the US could not win a price war with the Russians when they have to ship their product halfway around the world .

The Russians are building the Nordsteam 2 pipeline to get around Ukraine. Russian gas always flowed through Ukraine. But Ukraine has access to the gas fields of the various Stan’s too.

Moscow has cut off gas to Kiev, and/or enacted sudden Hugh price increases several times over the last ten years.

The objective is to further weaken Ukraine by bypassing it.

Russia is already a monopolist in the supply of gas to Eastern and Central Europe.

The Americans will be able to relives some of the price pressure, but are unlikely to eliminate it.

And since when does growth in consumption lead to a collapse in prices????????
 
The Ukraine wants to free itself from Russian control via Gazprom and Nord Stream-2 has distribution limitations due to German infrastructure. The US is only tilting toward Europe because demand in Asia is down. The price difference with the shorter hauls to Europe make it more profitable. If Asia become more profitable, the focus will shift back there. Not a giant government conspiracy. Just adaptation to changing markets.


I think our OP may be a Russian troll.
 
According to international experts, the fall of the US dollar will be one of the main trends in the new 2020. They predict that the dollar will suffer from its stronger global growth outside the United States and the declining influx of so-called portfolio investments. At the same time, the euro is expected to strengthen against the US dollar.
That is why the United States seriously intends in the new year to strengthen its own currency and weaken the European one by any means, including such a large-scale and effective one, as expanding the supply of its energy resources to Europe and its complete subordination to the energy sector.

US Deputy Secretary of Energy Mark Menezes said the United States is interested in increasing the supply of its energy resources to Europe. According to him, Washington is not opposed to Moscow being present on this market, but its gas should remain only a small part of diversified energy sources.
The official added that currently 11 European countries depend on Russian gas supplies, which make up 75% of their total imports of this type of fuel. The US is supposedly trying to reduce this dependence, therefore, "together with many European allies and partners, they continue to oppose" the Nord Stream - 2 gas pipeline under construction.
Finally, the US map revealed the news that the draft national defense bill for the year 2020 envisages the imposition of sanctions against European companies involved in the laying of the Russian Nord Stream-2 gas pipeline.
This year, in the UK, the Netherlands and Greece, gas imports have more than tripled, while in France, Italy and Spain it has grown by 50-75%. In October, the GIE monitoring association announced that reserves in European gas storages were an unprecedented 100.18 billion m3 of gas.

The high degree of filling European storage facilities has already affected the decline in gas prices. Purchases of large volumes of gas stimulated record low prices for blue fuel this year.
For the second year on the world gas market, due to an increase in shale gas production in the United States, supply is ahead of demand, which is pushing prices down. The situation was aggravated by a decrease in demand for LNG for subjective reasons in China, Japan, South Korea, the countries of America and the Middle East.

Under these conditions, world gas producers also turned to the European market, since it has long been known for its ability to balance the situation on the world gas market thanks to powerful gas terminals, large storage facilities, a network of gas pipelines and an efficient gas trading system.
As a result, it was the European continent that absorbed the entire increase in gas production and offset the decline in demand in other regions, turning into a kind of world-wide “drain tank”.

The growth in LNG consumption in 2019 provoked a collapse in prices for liquefied natural gas in the wholesale market. The Yankees even agreed that in some cases they began to sell LNG to Europe at a lower cost. Therefore, the American product this year in large volumes was shipped to Europe at practically bargain prices, and the United States completely focused on the poor Europeans, whom they intend to completely hook on their LNG. They are stubborn and adamant, although they know that their liquefied gas will not be able to replace the Russian pipeline either in volume, in quality, or in the speed of delivery.

The main goal is to oust Russian pipeline gas from Europe and become a monopolist in the energy supply of Europeans, dictate not only gas prices, but also the euro / dollar exchange rate.
According to experts, in 2020 gas producers may again face overproduction due to the fact that production capacities continue to grow. At the same time, it is likely that winter will again be warm in Europe, and in this case, gas storages will be slightly empty. This will negatively affect the demand for blue fuel. And this will lead to a new reduction in prices.

The value of the Euro against the Dollar was generally up after 2000 until the financial bubble burst and has been generally down ever since.

I assumed it was engineered to help European exports.

Euro Dollar Exchange Rate (EUR USD) - Historical Chart | MacroTrends
 
According to international experts, the fall of the US dollar will be one of the main trends in the new 2020. They predict that the dollar will suffer from its stronger global growth outside the United States and the declining influx of so-called portfolio investments. At the same time, the euro is expected to strengthen against the US dollar.
That is why the United States seriously intends in the new year to strengthen its own currency and weaken the European one by any means, including such a large-scale and effective one, as expanding the supply of its energy resources to Europe and its complete subordination to the energy sector.

US Deputy Secretary of Energy Mark Menezes said the United States is interested in increasing the supply of its energy resources to Europe. According to him, Washington is not opposed to Moscow being present on this market, but its gas should remain only a small part of diversified energy sources.
The official added that currently 11 European countries depend on Russian gas supplies, which make up 75% of their total imports of this type of fuel. The US is supposedly trying to reduce this dependence, therefore, "together with many European allies and partners, they continue to oppose" the Nord Stream - 2 gas pipeline under construction.
Finally, the US map revealed the news that the draft national defense bill for the year 2020 envisages the imposition of sanctions against European companies involved in the laying of the Russian Nord Stream-2 gas pipeline.
This year, in the UK, the Netherlands and Greece, gas imports have more than tripled, while in France, Italy and Spain it has grown by 50-75%. In October, the GIE monitoring association announced that reserves in European gas storages were an unprecedented 100.18 billion m3 of gas.

The high degree of filling European storage facilities has already affected the decline in gas prices. Purchases of large volumes of gas stimulated record low prices for blue fuel this year.
For the second year on the world gas market, due to an increase in shale gas production in the United States, supply is ahead of demand, which is pushing prices down. The situation was aggravated by a decrease in demand for LNG for subjective reasons in China, Japan, South Korea, the countries of America and the Middle East.

Under these conditions, world gas producers also turned to the European market, since it has long been known for its ability to balance the situation on the world gas market thanks to powerful gas terminals, large storage facilities, a network of gas pipelines and an efficient gas trading system.
As a result, it was the European continent that absorbed the entire increase in gas production and offset the decline in demand in other regions, turning into a kind of world-wide “drain tank”.

The growth in LNG consumption in 2019 provoked a collapse in prices for liquefied natural gas in the wholesale market. The Yankees even agreed that in some cases they began to sell LNG to Europe at a lower cost. Therefore, the American product this year in large volumes was shipped to Europe at practically bargain prices, and the United States completely focused on the poor Europeans, whom they intend to completely hook on their LNG. They are stubborn and adamant, although they know that their liquefied gas will not be able to replace the Russian pipeline either in volume, in quality, or in the speed of delivery.

The main goal is to oust Russian pipeline gas from Europe and become a monopolist in the energy supply of Europeans, dictate not only gas prices, but also the euro / dollar exchange rate.
According to experts, in 2020 gas producers may again face overproduction due to the fact that production capacities continue to grow. At the same time, it is likely that winter will again be warm in Europe, and in this case, gas storages will be slightly empty. This will negatively affect the demand for blue fuel. And this will lead to a new reduction in prices.
great post, pynia is crying reading this:peace:lamo
bd141202-485x363.jpg
 
According to international experts, the fall of the US dollar will be one of the main trends in the new 2020. They predict that the dollar will suffer from its stronger global growth outside the United States and the declining influx of so-called portfolio investments. At the same time, the euro is expected to strengthen against the US dollar.
That is why the United States seriously intends in the new year to strengthen its own currency and weaken the European one by any means, including such a large-scale and effective one, as expanding the supply of its energy resources to Europe and its complete subordination to the energy sector.

~snipped to free up space~

1. US Dollar

The US hasn't been trying to strengthen the dollar and weaken the Euro. In fact, China devalued their own currency and that resulted in China buying less from the EU, so the EU responded by devaluing their own currency, as well. The only way the Euro will strengthen against the dollar is if both China and the EU decide to come to trade terms with the US.​

2. Russian LNG vs US LNG.

Trump has been very clear from the very beginning of his administration that he wants the US to replace Russia as the supplier of LNG to Europe. His very first deal was with Poland back in 2017. But that doesn't mean that Trump is interested in dictating gas prices to the EU. Trump has only expressed the desire to be the number one seller of LNG. He is doing that by reducing roadblocks to US producers. He's not telling them how much they can produce. I'm thinking your experts are making **** up.

btw, given that the EU devalued their own currency, the recent reduced prices for LNG is a good thing for them...not a bad thing.​


The only one getting hurt by all this is Russia. But wait...that can't be...Trump is working for Putin, isn't he?

Or is he?
 
1. US Dollar

The US hasn't been trying to strengthen the dollar and weaken the Euro. In fact, China devalued their own currency and that resulted in China buying less from the EU, so the EU responded by devaluing their own currency, as well. The only way the Euro will strengthen against the dollar is if both China and the EU decide to come to trade terms with the US.​

2. Russian LNG vs US LNG.

Trump has been very clear from the very beginning of his administration that he wants the US to replace Russia as the supplier of LNG to Europe. His very first deal was with Poland back in 2017. But that doesn't mean that Trump is interested in dictating gas prices to the EU. Trump has only expressed the desire to be the number one seller of LNG. He is doing that by reducing roadblocks to US producers. He's not telling them how much they can produce. I'm thinking your experts are making **** up.

btw, given that the EU devalued their own currency, the recent reduced prices for LNG is a good thing for them...not a bad thing.​


The only one getting hurt by all this is Russia. But wait...that can't be...Trump is working for Putin, isn't he?

Or is he?

The EU has not devalude the Euro. Stop pulling a Trump.

Sent from my Honor 8X
 
When it comes to natural gas, Europe sucks Putin tit. They've been trying to get away from it, but they just gotta have all that third world natural gas no matter the cost.

It is still clean energy compared to coal. Also Putin will actually be hurt by more trade between countries and Russia. It will allow the people to become less dependent on government if more money is flowing through the country. Putin is popular because the people are dependent on government to survive because of poor condition. Starving people are loyal to anyone who puts food in their belly even if it is just bread and water. We saw the nobles do it in Britain and even the rich and powerful here in the US get away with it. Even today we are exploiting illegal's and they are willing participants only because of the alternative. However eventually money filters down to the people or they eventually rise up and take it. But money has to be there first for anything to happen. I think trade with Russia will weaken the grip the government has on the people. I think our ideology of trying to give it to people is wrong. I think you have to make the ladder available and if they decide to climb it only then will they get out.
 
Listen, if US stimulus is NOT devaluing the dollar, then EU stimulus aint either.

What "US stimulus"?

Anyway, you didn't get past the headlines, did you? Try actually reading the articles.
 
What "US stimulus"?

Anyway, you didn't get past the headlines, did you? Try actually reading the articles.

LOL so you totally ignore what happened in the US and UK during the crisis? The quantitative easing? Typical right winger...
 
LOL so you totally ignore what happened in the US and UK during the crisis? The quantitative easing? Typical right winger...

The crisis has been over for a decade. The current EU stimulus has nothing to do with it.

Seriously...are you going to bring up the Great Depression next?
 
This is somewhat off-topic, though it does present the world reality about what's really affecting the value of the Euro.

The EU's problems stem from Trump's America First policy. That policy includes...among other issues...trade negotiations with China and Trump's related efforts to shift global supply chains away from China. The following article explains this in a way that everyone can understand and it includes an interview with Allianz chief economic adviser Mohamed El-Erian, who is one of the few economists who understand what is going on.

Watch the video and read the article.

Updated MAGAnomics and Global Dynamics – A Discussion With Mohamed El-Erian…. | The Last Refuge
 
The crisis has been over for a decade. The current EU stimulus has nothing to do with it.

Seriously...are you going to bring up the Great Depression next?
Lol what a load of horse**** and double standard.

Sent from my Honor 8X
 
1. US Dollar

The US hasn't been trying to strengthen the dollar and weaken the Euro. In fact, China devalued their own currency and that resulted in China buying less from the EU, so the EU responded by devaluing their own currency, as well. The only way the Euro will strengthen against the dollar is if both China and the EU decide to come to trade terms with the US.​

2. Russian LNG vs US LNG.

Trump has been very clear from the very beginning of his administration that he wants the US to replace Russia as the supplier of LNG to Europe. His very first deal was with Poland back in 2017. But that doesn't mean that Trump is interested in dictating gas prices to the EU. Trump has only expressed the desire to be the number one seller of LNG. He is doing that by reducing roadblocks to US producers. He's not telling them how much they can produce. I'm thinking your experts are making **** up.

btw, given that the EU devalued their own currency, the recent reduced prices for LNG is a good thing for them...not a bad thing.​


The only one getting hurt by all this is Russia. But wait...that can't be...Trump is working for Putin, isn't he?

Or is he?

" Trump has been very clear from the very beginning of his administration that he wants the US to replace Russia as the supplier of LNG to Europe." does trump understand that he deals with the crime cartel (gazprom) and he has to treat gazprom as he treats Mexican crime cartels?
 
" Trump has been very clear from the very beginning of his administration that he wants the US to replace Russia as the supplier of LNG to Europe." does trump understand that he deals with the crime cartel (gazprom) and he has to treat gazprom as he treats Mexican crime cartels?

shrug...

If gazprom is an issue, I'm sure he is aware and he understands.
 
shrug...

If gazprom is an issue, I'm sure he is aware and he understands.

i am not sure about it, trump made his capitals in USA, he has never dealt with such 3 world thugs, Mexican & Russian "mafias", KGB guys, gazprom etc. this is a big problem, USA burns up gas today, simply because russian mafias not allow USA firms to sell gas i Europe . a perfect example Ukraine and Belarus , Ukraine wants to buy USA´s gas , Belarus wants to buy USA´s oil but they can not do it so. Maskali ("russian" mafia ) don't want to allow it , using criminal methods
 
i am not sure about it, trump made his capitals in USA, he has never dealt with such 3 world thugs, Mexican & Russian "mafias", KGB guys, gazprom etc. this is a big problem, USA burns up gas today, simply because russian mafias not allow USA firms to sell gas i Europe . a perfect example Ukraine and Belarus , Ukraine wants to buy USA´s gas , Belarus wants to buy USA´s oil but they can not do it so. Maskali ("russian" mafia ) don't want to allow it , using criminal methods

Sounds like President Zelenskiy has some corruption to deal with.

But I don't think gazprom or the rest will stop Poland and the rest of the 28 countries from continuing to buy US LNG (as of 2018 U.S. Natural Gas Exports by Country).
 
According to international experts, the fall of the US dollar will be one of the main trends in the new 2020. They predict that the dollar will suffer from its stronger global growth outside the United States and the declining influx of so-called portfolio investments. At the same time, the euro is expected to strengthen against the US dollar.
That is why the United States seriously intends in the new year to strengthen its own currency and weaken the European one by any means, including such a large-scale and effective one, as expanding the supply of its energy resources to Europe and its complete subordination to the energy sector.
....

The main goal is to oust Russian pipeline gas from Europe and become a monopolist in the energy supply of Europeans, dictate not only gas prices, but also the euro / dollar exchange rate.
According to experts, in 2020 gas producers may again face overproduction due to the fact that production capacities continue to grow. At the same time, it is likely that winter will again be warm in Europe, and in this case, gas storages will be slightly empty. This will negatively affect the demand for blue fuel. And this will lead to a new reduction in prices.

Those damn Yankees.

When it comes to natural gas, Europe sucks Putin tit. They've been trying to get away from it, but they just gotta have all that third world natural gas no matter the cost.

Dollars will remain the reserve currency for a while longer.

A lot depends on whether the US will continue to retreat from world leadership and drift back into the parochial isolationism that permeates large parts of American political discourse.

I doubt that natural gas exports will be that significant a factor. First of all, the US could not win a price war with the Russians when they have to ship their product halfway around the world .

The Russians are building the Nordsteam 2 pipeline to get around Ukraine. Russian gas always flowed through Ukraine. But Ukraine has access to the gas fields of the various Stan’s too.

Moscow has cut off gas to Kiev, and/or enacted sudden Hugh price increases several times over the last ten years.

The objective is to further weaken Ukraine by bypassing it.

Russia is already a monopolist in the supply of gas to Eastern and Central Europe.

The Americans will be able to relives some of the price pressure, but are unlikely to eliminate it.

And since when does growth in consumption lead to a collapse in prices????????

1. US Dollar

The US hasn't been trying to strengthen the dollar and weaken the Euro. In fact, China devalued their own currency and that resulted in China buying less from the EU, so the EU responded by devaluing their own currency, as well. The only way the Euro will strengthen against the dollar is if both China and the EU decide to come to trade terms with the US.​

2. Russian LNG vs US LNG.

Trump has been very clear from the very beginning of his administration that he wants the US to replace Russia as the supplier of LNG to Europe. His very first deal was with Poland back in 2017. But that doesn't mean that Trump is interested in dictating gas prices to the EU. Trump has only expressed the desire to be the number one seller of LNG. He is doing that by reducing roadblocks to US producers. He's not telling them how much they can produce. I'm thinking your experts are making **** up.

btw, given that the EU devalued their own currency, the recent reduced prices for LNG is a good thing for them...not a bad thing.​


The only one getting hurt by all this is Russia. But wait...that can't be...Trump is working for Putin, isn't he?

Or is he?

"U.S. liquefied natural gas exports up by 272%"

Press corner | European Commission

main.svg


U.S. LNG exports to Europe increase amid declining demand and spot LNG prices in Asia - Today in Energy - U.S. Energy Information Administration (EIA)

"U.S. exports of liquefied natural gas (LNG) have been growing steadily and reached a new peak of 4.7 billion cubic feet per day (Bcf/d) in May 2019, according to the latest data published by the U.S. Department of Energy’s Office of Fossil Energy. This year, the United States became the world’s third-largest LNG exporter, averaging 4.2 Bcf/d in the first five months of the year, exceeding Malaysia’s LNG exports of 3.6 Bcf/d during the same period. The United States is expected to remain the third-largest LNG exporter in the world, behind Australia and Qatar, in 2019–20."
 
1. US Dollar

The US hasn't been trying to strengthen the dollar and weaken the Euro. In fact, China devalued their own currency and that resulted in China buying less from the EU, so the EU responded by devaluing their own currency, as well. The only way the Euro will strengthen against the dollar is if both China and the EU decide to come to trade terms with the US.​

2. Russian LNG vs US LNG.

Trump has been very clear from the very beginning of his administration that he wants the US to replace Russia as the supplier of LNG to Europe. His very first deal was with Poland back in 2017. But that doesn't mean that Trump is interested in dictating gas prices to the EU. Trump has only expressed the desire to be the number one seller of LNG. He is doing that by reducing roadblocks to US producers. He's not telling them how much they can produce. I'm thinking your experts are making **** up.

btw, given that the EU devalued their own currency, the recent reduced prices for LNG is a good thing for them...not a bad thing.​


The only one getting hurt by all this is Russia. But wait...that can't be...Trump is working for Putin, isn't he?

Or is he?

I wish you Trumpsters would stop blindly repeating everything your fool’s gold fuhrer says as fact. You make fools of yourselves every time.

The EURO was not devalued. I realize Trump said it. But he made it up.

China did devalue the yuan. It was an effective foil to Trump’s idiotic trade wars.

Now that Trump isn’t getting anywhere with the Chinese (they know he won’t keep his word), he’s lashed out a Brazil and Argentina.

The United States only began exporting LNG at all after the fracking boom.

Before that, the large LNG facilities that had been built had been built to handle IMPORTS.

And Trump doesn’t control the oil industry, even though Trumpsters (and Trump) think he’s a king who waves a scepter and things happen.

(Actually that doesnt’ matter to Trumpsters. Saying it is doing it in Trump world).
 
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