国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Global EditionASIA 中文雙語Fran?ais
Opinion
Home / Opinion / From the Press

Ukraine conflict big pay day for its instigator

BEIJING NEWS | Updated: 2022-09-26 07:46
Share
Share - WeChat
FILE PHOTO: A general view of the US Capitol dome on Capitol Hill in Washington, US, June 9, 2022. [Photo/Agencies]

On Sept 19, the US Department of Energy said that it would release another 10 million barrels of oil reserves.

According to estimates, with Russia having cut its liquid natural gas supply, US LNG suppliers have made so much profit that every ship taking LNG to Europe can earn over $100 million. The US profiteering from the conflict is doubtlessly gross.

Just as the money flow shows, the Russia-Ukraine military conflict has not only changed geopolitics in Europe, but also deeply influenced the global energy landscape. Russia is suffering because of the sanctions. Europe is suffering from the lack of gas. The US companies are making huge profits.

For a long time, the United States has been engaging in European politics by using its military leadership in the North Atlantic Treaty Organization, but in economic matters, the two sides had differences. Now Europe's exposed weakness in energy, plus its strict low-carbon policies, make it possible for the US to compete for a bigger share in Europe's natural gas market. By getting the orders and becoming a large supplier of energy to Europe, the US has gained important economic leverage over the EU, granting it a bigger say in bilateral relations.

The conflict has also given more stimulus to the US' own energy infrastructure construction. It takes three to four years to construct LNG facilities, but the Russia-Europe relationship won't improve much within that period, which grants the US time.

It can be anticipated that more capital will flow back to the US, especially to its energy infrastructure. Texas, Pennsylvania, Oklahoma and Louisiana are all states that will receive a boost.

The US has also gained a re-industrialization accelerator. The energy industry involves more than energy; it concerns device manufacturing, electronics, artificial intelligence, labor, transportation and other industries. With its energy production to increase, the US can push its "re-industrialization" to create jobs and give a shot in the arm to related industries.

Last but no less important, the US has gained new advantages in the global economic competition. In its asymmetric mutual reliance with Europe, the US has apparently regained the upper hand. In the future it will more deeply engage in the European Union's economic governance and influence the latter.

Thus, the US has been the only winner in the Russia-Ukraine military conflict and the energy crisis that followed.

 

Most Viewed in 24 Hours
Top
BACK TO THE TOP
English
Copyright 1994 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
海南省| 舒城县| 仁化县| 栖霞市| 休宁县| 宝坻区| 龙陵县| 深圳市| 七台河市| 秦皇岛市| 仁布县| 靖安县| 沧州市| 遂溪县| 肥西县| 华坪县| 郯城县| 新竹县| 张家界市| 朝阳区| 鹤峰县| 平顺县| 全州县| 山西省| 洪湖市| 区。| 温州市| 德昌县| 鸡泽县| 云和县| 黑水县| 哈巴河县| 台州市| 饶平县| 介休市| 上栗县| 纳雍县| 图木舒克市| 晴隆县| 尖扎县| 巴里|