US LNG Heading to Europe Spikes from 30% to 70% Last 2 Months
We're still snickering. It wasn't all that long ago that European leaders turned their arrogant noses up at "fracked" American natural gas, preferring to buy Vlad Putin's natural gas instead, even though Russia's natural gas drilling is FAR more polluting to the environment than U.S. drilling with our strict environmental controls. Europe now can't get enough of our natural gas. While the volume of U.S. LNG exports has remained pretty constant, the destination of those exports has changed dramatically. Two months ago some 30% of the LNG exported from the U.S. went to European countries. Roughly 70% of our LNG exports now head to Europe. All in just the past two months.
To view this content, log into your member account. (Not a member? Join Today!)