To: kabar
Can the US provide Europe with 3 million barrels of crude and 1 million barrels of refined-oil products per day, and 40% of its natural gas needs, THAT is the question.
92 posted on
03/18/2014 11:07:01 PM PDT by
Marguerite
(When I'm good, I'm very good, but when I'm bad, I'm even better)
To: Marguerite
We put a man on the moon...Went from having virtually no Army to kicking Nazi and Jap butt in the span of a few years.
We can do anything we set our minds to, if we just have the will.
93 posted on
03/18/2014 11:08:23 PM PDT by
dfwgator
To: All
Russia production of natural gas was of 668 billion cubic meters in 2013; 500 billion cm were exported to Europe.
The US sent 0.1 billion cubic meters of liquefied gas to Europe in 2013.
95 posted on
03/18/2014 11:16:54 PM PDT by
Marguerite
(When I'm good, I'm very good, but when I'm bad, I'm even better)
To: Marguerite
The Middle East is closer. Oil is a global commodity and fungible. If the Russians develop new markets, then someone else will fill the vacuum. The only problem is near term because the new infrastructure must be built. Europe has a good oil reserve due to the mild winter.
The lesson learned for Europe is that they must over the long term lessen their dependence on Russia for energy. They will do that.
158 posted on
03/19/2014 7:58:02 AM PDT by
kabar
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