An American think-tank has some bad news for Europe. Just as the continent tries to wriggle free from an abusive relationship with Washington, it turns out they’ve never been more dependent on their tormentor.
“EU risks new energy dependence as U.S. could supply 80% of its LNG imports by 2030,” blared the latest report from the Institute for Energy Economics and Financial Analysis, pegging current dependence at 57%.
The EU is addicted to American economic punishment
The bloc’s dependence on US natural gas is reportedly on its way to 80%
BY Rachel Marsden