Quote:
Originally Posted by Jaymoss
it is the freaking Russians Gazprom throttling Europe wanting its own way over a pipeline that is not meeting certain standards
US did the right thing when it come to fuel. I do not know what we can do. Can we quickly build our own storage and pipe it in from the North sea. Do we still have Gas rigs in the North Sea? offloading storage to France is one of the worse things that our countries leaders ever did
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"Certain standards"? It's all about anti-Russian sanctions. Germany is happy with the 2nd pipeline, following the route of the 1st Nord Stream.
Link
Quote:
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Today’s report is in line with the United States’ continuing opposition to the Nord Stream 2 pipeline and the U.S. Government’s continued compliance with PEESA, as amended. With today’s action, the Administration has now sanctioned 7 persons and identified 16 of their vessels as blocked property pursuant to PEESA in connection with Nord Stream 2. President Biden also signed today an Executive Order that allows the U.S. Government to impose sanctions applicable to PEESA-designated persons without the exception relating to the importation of goods in Section 7503(e)(5) of PEESA, as amended.
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Link to pdf
Quote:
Supporters of Nord Stream 2, including the German and Austrian governments, argue the pipeline would enhance EU energy security by increasing the capacity of a direct and secure supply route. German officials say they support the development of infrastructure to ensure that gas can be transported across Europe once it reaches Germany. They stress that Germany supports broader European energy supply diversification efforts, including construction of new liquefied natural gas (LNG) terminals in northern Germany.
Opponents of the pipeline—including, among others, some EU officials, the European Parliament, Poland, the Baltic states, Ukraine, the Biden Administration, and many Members of Congress—argue that it would give Russia greater political and economic leverage over Germany and others that are dependent on Russian gas, leave some countries more vulnerable to supply cutoffs or price manipulation by Russia, and increase Ukraine’s vulnerability to Russian aggression.
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The gas that passes through the Ukrainian pipeline comes from ..... Russia.
Doesn't help that German demand for gas has soared because they are closing the nuclear power stations.
---------- Post added at 19:05 ---------- Previous post was at 19:02 ----------
Quote:
Originally Posted by Chris
Excellent quote from that piece:
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With banks it's about access to people's money, that the people
already own.