16.05.2022, 16:58
Biden's Ability to Replace Russian Gas in the United States was Questioned
Source: OREANDA-NEWS
OREANDA-NEWS. The United States is suffering significant losses due to the refusal of Russian gas, since the country does not have enough reserves of liquefied natural gas (LNG) to meet the needs of the population, said Alexander Vlasov, candidate of technical sciences. He also added that Washington exports most of its LNG to other countries, writes Economy Today.
If the United States somehow manages oil, while being ready to sell personal reserves in order to reduce the cost of Russian energy resources, then everything is more difficult with gas. Yes, they have their own LNG, but there is not much of it, and almost the entire resource is exported. It turns out that Washington is already suffering significant losses due to an attempt to break the Russian Federation, Vlasov assured.
He noted that the rise in gas prices affects not only the cost of utilities, but also local production, which depends on the supply of blue fuel. Vlasov suggested that American entrepreneurs would soon face the same difficulties as their European counterparts. In his opinion, not every enterprise will be able to cope with economic and energy problems.
If the problem is not solved at the government level, fuel continues to rise in price, then the bankruptcy of small and medium-sized businesses begins, Vlasov predicted.
Earlier, the author of the publication Politico said that the American leadership was faced with a new "energy nightmare" due to rising gas prices in the United States. The publication notes that the jump in energy prices threatens to further increase inflation in the country. The author of the article clarified that the cost of natural gas in the United States rose to its highest level in more than a decade.
If the United States somehow manages oil, while being ready to sell personal reserves in order to reduce the cost of Russian energy resources, then everything is more difficult with gas. Yes, they have their own LNG, but there is not much of it, and almost the entire resource is exported. It turns out that Washington is already suffering significant losses due to an attempt to break the Russian Federation, Vlasov assured.
He noted that the rise in gas prices affects not only the cost of utilities, but also local production, which depends on the supply of blue fuel. Vlasov suggested that American entrepreneurs would soon face the same difficulties as their European counterparts. In his opinion, not every enterprise will be able to cope with economic and energy problems.
If the problem is not solved at the government level, fuel continues to rise in price, then the bankruptcy of small and medium-sized businesses begins, Vlasov predicted.
Earlier, the author of the publication Politico said that the American leadership was faced with a new "energy nightmare" due to rising gas prices in the United States. The publication notes that the jump in energy prices threatens to further increase inflation in the country. The author of the article clarified that the cost of natural gas in the United States rose to its highest level in more than a decade.
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