So, they're not allowed to buy more than $750bn of US energy? It's also absurd, given that energy is basically fungible. (View Post)

Actually, the EU does consume more than $600bn of energy per year. In total, consumption is probably around $750bn per year. Here's the thing. Total (not just EU) exports of US LNG are just .. c… (View Post)

Underyling all this is a fundamental misconception. The EU - that is, the economic actor that is the institutions of the EU - does not buy cars or oil or gas. The EU can no more force its citizens to… (View Post)

That's enormously advantageous to EU carmakers, given that US car makers are struggling with massive tariffs on steel and aluminum, and auto parts. It will almost certainly be cheaper to build c… (View Post)

No. Next question. (View Post)