Posted on 08/14/2025 5:50:15 AM PDT by marcusmaximus
United States Treasury Secretary Scott Bessent said on Thursday that US President Donald Trump's upcoming meeting with Russian President Vladimir Putin is a "precursor" for future meetings, as Trump is willing to continue the dialogue. He added that the European Union should "put up or shut up" on Russia, accusing it of buying Russian oil refined in India and stressing that the US and the EU must coordinate on secondary sanctions on Russia.
(Excerpt) Read more at breakingthenews.net ...
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The EU consumes about 460 billion cubic meters of natural gas each year.
Last year the US provided 63 billion cubic meters of LNG (measured in weight, with a conversion to cubic meters). Russia provided 16 billion cubic meters to Europe via LNG, an all time LNG-to-Europe record for Russia. (they didn’t do that for free).
Norway provided about 130 billion cubic meters to Europe.
And if you examine those numbers carefully, you will see the desperation they face. There is no natgas in Europe anymore. There was some in the Netherlands, drained. Norway is on the way to empty, too.
You can’t refuse to breathe air that comes from somewhere you don’t like.
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