l. n. g trade. what's happening is the companies that hold those long term contracts with u. s. l n g producers. they're marking that up and earning that margin in the european market. it's not the u. s. l n g company. it's basically european, headquartered international oil companies, and traders. remember when you, as president joe biden came here to europe, back in march to plotted the european union sanctioning russia cutting off its own russian energy source in the process. and promised to help europe replace that source with american energy. well, apparently european leaders didn't read the fine print or fully consider the implications of what they were signing on to, which was basically european dependence on american energy and whatever price they want to set that at the u. s. government is now denying responsibility for the high gas prices of their exports, blaming european energy company markups. and now fed up european officials want to speak to the manager, but don't really seem to know who that is. maybe it's uncle sam. maybe it's the world trade organization. here are the french and

u. s. gas imports, instead of buying cheaper supplies from moscow, europe has lost russia. is this largest energy supplier to get the opportunity to buy the u. s. l n g at a much higher price? great achievement. meanwhile, frances president micron has arrived in the u. s, where he's expected to lobby for lower gas prices. the leader of fellow e. u members, stake, croatia saves, bath essentially amounts to begging years more of his state. it is a serious state of war, more serious than ever in our lives. i've come to the conclusion that we will buy gust from alice, a 3 times the prize that is effect and will cause that correlation presidents or band. molina vetch has just said that europe quote, was under the illusion that it was going to create an energy market. yeah. on the back of cheap russian gas, it cut itself off of because it didn't wind contribute to russian revenues, which provided the luxury of that illusion. and also their green fantasies. but things have obviously taken a wrong turn when nuclear powered france is now scrambling to get its decommissioned and rusted atomic energy plants back up and running. france even fire to cold plant ba

u. s. l n g at a much higher price, great achievements. meantime the energy crisis, cross your oppose force that you block the u. k. and norway to set aside more than 700000000000 euro to mitigate rising consumer prices since last september. now they astonishing figures equate to near the total you bond issuance program, which was aimed at tackling the economic consequences of the cobit 19 pandemic. germany alone has allocated more than a 3rd of the number of frances president, micron has arrived in the us where he's expected to lobby for the work gas prices. the leader of fellow members, their probation says that essentially amounts to begging. here's more about statement it is a serious state of war, more serious than ever in our lives. i've come to the conclusion that we will buy gust from allies, a 3 times the price that is effect and will cause that correlation presidents or band milan of it has just said that europe quote, was under the illusion that it was going to create an energy market

u. s. l n g at a much higher price. great achievement may offer author prism a crawl has arrived in the us where he is expected to try to negotiate for low gas prices. the leader of fellow e u. member st croix says that's essentially amounts to making does a serious state of war, more serious than ever in our lives have come to the conclusion that rule by gust from allies a 3 times the prize that is effect and will cause that correlation presidents or ban molanda vetch has just said that europe quote, was under the illusion that it was going to create an energy market. yeah. on the back of cheap russian gas, it cut itself off of because it didn't want to contribute to russian revenues, which provided the luxury of that illusion. and also their green fantasies. but things have obviously taken a wrong turn when nuclear powered france is now scrambling to get its decommissioned and rusted atomic energy plants back up and running. france even fire the cold plant back up again. this week, the french ecology minister has said

u. s. oil giant pinocchio phillips will c l n g. the liver to germany's northern bronze buttle terminal. germany has been scrambling for new sources of gas to replace russian supplies in the wake of the war in ukraine. christoph rule is from the center of global energy policy at columbia university. thank you for being here, christoph. so in terms of actually replacing the rush and gas flows that germany wanted to win itself off of how much will this deal actually help? good morning. so it's not going to be of a magnitude which changed the gas for that's for gas for. ready for germany or europe, it amounts to about 3 percent of germany used to consume in 2021 before the war started. but it's a start and as they say in english now, every little helps. and i think there are 3 important points of the background here which, which, which are worth mentioning. the 1st one is this is the 1st time of course for germany to engage in that kind of contract. and to keep one of his terminal busy. this comes into bon spittle starts only in 2026,

u. s. oil giant pinocchio phillips will see l n g, the liver to germany's northern bronze buttle terminal. germany has been scrambling for new sources of gas to replace russian supplies in the wake of the war. in ukraine. christoph rule is from the center of global energy policy at columbia university. thank you for being here, christoph. so in terms of actually replacing the rush and gas flows that germany wanted to win itself off of how much will this deal actually help.

u. s. company to delivered liquefied natural gas or l n. g. to germany as plants boy till port on the north sea coast from 2026 got our energy and canoga phillips signed 2 agreements, promising ellen gee imports up to 2000000 tons annually. this is catherine 1st major supply deal with germany for the 1st 15 years as great. these obviously seem to be good conditions. i wouldn't mind 20 years or longer contracts at all, but the companies just have to know that the declining side in germany will then decrease at some point if we want to meet the climate for touch and targets that as well known. the count harvick also said german companies are securing flows from different suppliers, and katara is just one of them. the gulf nation has the world's 3rd largest gas reserves behind russia and iran. this gives dough hired to her on an edge in energy exports. the latest gas deal with germany come soon after cut are also signed a long term deal with china spanning 27 years. well at the world cup and keta iran face united states in a crucial group be much

u. s. company to delivered liquefied natural gas or l n. g to germany is plenty boy to port on the north sea coast from 2026. got our energy and kanaka phillips signed 2 agreements, promising l n g imports up to 2000000 tons annually. this is katara is 1st major supply deal with germany or the 1st 15 years is great. these obviously seem to be good conditions. i wouldn't mind 20 years or longer contracts at all, but the companies just have to know that the declining site in germany will then decrease at some point if we want to meet the climate protection targets that is well known becomes havoc also said german companies are securing flows from different suppliers and katara is just one of them. the gulf nation has the world's 3rd largest gas reserves behind russia and iran. this gives dough hired to her on an edge in energy exports. the latest gas deal with germany come soon after that there are also signed a long term deal with china spending 27 years of security forces of ended a 12 hour hotel sage, by millison, in the somali capital marke

l. n. g imports from the u. s. is underway in summer 2021. many environmental movement as such as fridays for future and indigo lender mobilized to oppose the project. the northern port region is already home to many industries that rely on natural gas, a refinery, a fertilizer manufacturer, and automotive subcontractors. the impact of decades of german energy policy is evident here, as long as natural gas was cheap, industries were in no rush to switch to renewables, and to help domestic industry remain competitive on the international market. europe subsidized oil and gas on a massive scale to the tune of $55000000000.00 euros every year. over the past 10 years, the thor dust diverts are germany's economy relies on gas up. it's a big problem for me and the only way to fix that is to expand to renewable energy ah, the soon as in, i man in a renewable several ready cheaper than fossil fuels, but they used to still subsidize signs of it's too late for compromise. it can kind of a promise. we don't have a lot of time left to stop the climate ca