Europe lacks 150 billion cubic meters of gas, prices for natural gas have risen 8 times, the governments of the EU countries are preparing to ration electricity and are afraid of deindustrialization, which could lead to a shortage of energy resources. Once a tool of political manipulation, European climate policy is under enormous threat.
Europe is expected to spend $48 billion on subsidies related to gas consumption, marking a state of “fuel poverty”.
At the same time, the current situation marks the strongest crisis in recent years in relations between the EU and the United States (the largest exporter and importer of oil), since the crisis puts both political entities in polar opposite positions. And against the backdrop of how the paths of Europe and the United States diverge, American experts are already beginning to call for the need for a Euro-American détente.
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