US seeks to weaken Russia's energy hold on Europe, Hochstein says

[Chris]

US seeks to weaken Russia's energy hold on Europe, Hochstein says
"Russia has one [economic] leverage: the energy sector. That is what it has been holding as a sword over the heads of several countries in Europe," said US special energy envoy Amos Hochstein.
By TOVAH LAZAROFF
Published: MAY 17, 2022

The Biden administration seeks to weaken Moscow's energy hold on Europe as part of the steps it has taken against Russia's invasion of Ukraine, US special energy envoy Amos Hochstein said on Tuesday. "Russia has one [economic] leverage: the energy sector. That is what it has been holding as a sword over the heads of several countries in Europe," Hochstein said.

"That is what we are going to try to weaken and to diversify away from," he said, adding that this would be "part of a broader strategy that the US and Europe share in ensuring a joint and consistent battle plan against Russia's efforts."

Hochstein spoke as Europe seeks to halt its dependence on Russian natural gas, which makes up 40% of its supply chain. Israel is one of the countries that wants to provide the region with an alternative, but might not be a viable option for Europe quickly enough. There are two levels to thwarting Russian President Vladimir Putin's ambitions to take over Ukraine, Hochstein said: one is the military campaign and the other is an economic one.

more............. https://www.jpost.com/international/article-706921

 

[athenasius]

US seeks to weaken Russia's energy hold on Europe, Hochstein says
"Russia has one [economic] leverage: the energy sector. That is what it has been holding as a sword over the heads of several countries in Europe," said US special energy envoy Amos Hochstein.
By TOVAH LAZAROFF
Published: MAY 17, 2022

The Biden administration seeks to weaken Moscow's energy hold on Europe as part of the steps it has taken against Russia's invasion of Ukraine, US special energy envoy Amos Hochstein said on Tuesday. "Russia has one [economic] leverage: the energy sector. That is what it has been holding as a sword over the heads of several countries in Europe," Hochstein said.

"That is what we are going to try to weaken and to diversify away from," he said, adding that this would be "part of a broader strategy that the US and Europe share in ensuring a joint and consistent battle plan against Russia's efforts."

Hochstein spoke as Europe seeks to halt its dependence on Russian natural gas, which makes up 40% of its supply chain. Israel is one of the countries that wants to provide the region with an alternative, but might not be a viable option for Europe quickly enough. There are two levels to thwarting Russian President Vladimir Putin's ambitions to take over Ukraine, Hochstein said: one is the military campaign and the other is an economic one.

more............. https://www.jpost.com/international/article-706921

Well they COULD always do what Trump has suggested from the very first signs of Russia's invasion--and that is to TURN ON THE TAPS for American oil and gas.

Even if there are no facilities to transport LNG on the US east coast or Canadian east coast, by increasing production it takes the pressure off the North Sea oil and gas supplies from Britain and Norway. Some fields belong to Denmark, the Netherlands and Germany. If more production ramped up in North America that would take the pressure off the limited non Russian supply and help.

So would going back to nuclear power plants since some of this is for electricity which can replace some home heating.

 

[Endangered]

We were an energy exporting company under Trump. Biden changed that overnight. Funny that the media says diddly squat about this fact.