Biden reneges on supplying gas to Europe.

 IS HE TRYING TO WEAKEN RUSSIA OR EUROPE?

OR IS THIS ECONOMIC WARFARE ON TEXAS?

The Biden administration has announced that it is pausing the completion of all new Liquified Gas terminals and exports to Europe and Asia. This will be a stunning reversal of U.S. policy and pledges to replace Russia gas with U.S. gas. It will put the European community in a box that will raise their inflation rate, create more shortages of energy, damage their economies, and may even cause the death of many Europeans.

It seems this action has been triggered to increase support from the environmental lobby, which has spent over $32 million in contributions to U.S. politicians, mostly democrats. Some also believe it is also an attempt to damage the economies of Texas and Louisiana were all these LNG terminals are located. 

It brings to mind 2 quotations from the late Henry Kissinger concerning U.S. policy, policies that have been made very clear with this administration.

"It may be dangerous to be America's enemy, but to be America's friend is fatal" and another is "America has no permanent friends or enemies, only interests"

It looks the present election is the only interest that is in play today.

Europe was coerced and pressured to end their dependence on Russian energy with promises that these energy supplies would be replaced with U.S. LNG. This decision has resulted in the hobbling of European industry due to huge increases in the cost of energy, and now it may get much more severe. 

Besides the voluntary elimination of cheap Russian energy, with long term contracts, the Biden administration has likely engaged in economic terrorism by blowing up the Nord Stream pipelines in an attempt to give the Europeans no alternatives to U.S. LNG. This decision is overwhelming in its hypocrisy and deceit. 

One must also wonder if this is actually a cynical attempt at using gas as some sort of leverage to get something from the European community. We need to watch what the response will be to this decision. What new policies will soon be announced by the EU?