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3/8/22

US OIL and Gas embargo questionable, as US oil and gas industry "sticks" it to US consumers

If there is anything positive about this war in Ukraine, is that in the area of energy, it will speed up European development of alternative energy which presently is already quite advanced.

As to the Biden announced ban on Russian oil and gas sales into the US, while the US, which is completely self-sufficient, and a net exporter of these commodities, is somewhat puzzling. Just as puzzling as the reason for the high price, Americans are now forced to pay locally at the pump by the US oil and gas industry.

Read more at: https://www.eu-digest.blogspot.com

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