Saturday, 15 October 2022 — The Saker Blog
by Jorge Vilches for the Saker blog
the LNG click-bait
The sitting US Secretary of State very recently declared in an official press conference that the NS1 and NS2 pipeline sabotage will have “no impact on European energy resilience”…
We should assume that Secretary Antony Blinken was referring to the timely supply of US LNG substitute equivalent to pipeline nat-gas now theoretically available (not) which would save the European day. With a clear smile, Blinken considered it to be a “tremendous opportunity” for the US to help Europe wean off of Russian energy… with the USA ready to be “the leading supplier (of dirty fracked seaborne LNG) to Europe”. And all of it despite the great ripoff “mondepreise” moon-high prices charged by US vendors according to the German Minister of Economics Robert Habeck who is now sorrowfully surprised by the very market dynamics that he actively contributed to establish.