European gas prices drop as US production boost eases pressure of tighter Russian supplies

7 comments
  1. I still can’t believe all these people who tried to claim the USA was trying to profit when warning against NordStream.

    All the Americans said was: don’t be stupid, build LNG terminals, not pipelines.

    Shipping Russian LNG across the Baltic would always be cheaper than shipping American LNG across the Atlantic.

    And look now, America is again saving our asses for the third time since 1914.

  2. US oil production is actually quite a lot, US has enough oil to satiate its own needs and leftovers to export to others. The limit that the US is facing is refinery capacity. They have all the oil they need but not enough capacity to refine it. That’s why there’s a large gap between oil, and gas prices.

Leave a Reply