Re <<US rethinks gas exports, spooking Europe.
The EU is banking on Washington approving major new LNG projects.
The Biden administration might not play ball.>>
Am guessing that Washington(s) must of course do what it thinks is best for Team USA, OTOH, but OTOH there might be a right and a wrong way to do it, am supposing.
(1) Should Team USA not step up LNG delivery capacity after allegedly having blown up same to Team Europe, would certainly be a perfect-storm 1-2 punch, that would be good for ...
(1-i) the Dollar
(1-ii) the re-industrialisation of USA and de-industrialisation of EU
(1-iii) the coal industry in same Europe, assuming they still know how to dig
(1-iv) the USA mining industry
(1-v) but also good for Russia, MENA, and China
(2) ... and but bad for good neighbourliness with Europe
(2-i) might squish Europe (except for Poland and minus the Baltic teams) together with Russia
And but should the Trump win-win the WH, he would presumably reverse the decision, have the pipelines built, however might withdraw from Nato, in which case that would be good for ...
(1-i) the Dollar
(1-ii) the re-industrialisation of USA and de-industrialisation of EU
(1-iii) the coal industry in same Europe, assuming they still know how to dig
(1-iv) the USA mining industry
(1-v) but also good for Russia, MENA, and China
(2) ... and but bad for good neighbourliness with Europe
(2-i) might squish Europe (except for Poland and minus the Baltic teams) together with Russia
Either way the result might be the same, but by different route. |
