Via the American Energy Alliance.
President Biden is withdrawing U.S. support for the EastMed pipeline that would bring natural gas from Israel to the European continent. Europe is currently in an energy crisis with record prices for natural gas and electricity, potential rolling blackouts, low supplies of natural gas, millions of citizens in energy poverty and increasing coal consumption, which the continent has wanted to end. Increasing reliance on intermittent renewable sources that have not produced to their potential has put pressure on other sources the Europeans have discouraged. The result of Biden’s most recent decision is making Europe even more dependent on Russia for its natural gas. Currently, Western Europe gets over 40 percent of its natural gas from Russia via a pipeline that runs through Ukraine. Russia wants to activate its Nord Stream 2 pipeline that runs under the Baltic so that it can avoid the current route through Ukraine.
Biden gave Russia the go-ahead in July for the continued construction of Nord Stream 2, which Russia predicted could go on-line by the end of the year. Rather than helping an ally, Biden is helping Russia dominate Europe’s energy system and gain economic strength in doing so. The only explanation that Biden’s administration has given to withdrawing support is: “Washington’s interest is now switching to renewable energy sources.”
The EastMed Gas pipeline is a 1,180-mile undersea pipeline project from Israel to southern Europe, set to be completed by 2025, which, when completed will ease Europe’s dependence on Russia and Turkey, which serves as a hub for oil and natural gas.
I remember that like it was a month ago.
Now after doing everything possible to protect Russia’s Nord Stream 2, including literally lobbying Congress against NS2 sanctions, Biden needs more options.
A senior Israeli official told me that several weeks ago, State Department officials approached the Israeli Ministry of Energy and asked if it would be possible to increase Israel’s natural gas production.
The U.S. officials wanted to check the possibility that Israel could deliver more natural gas to Egypt in order to process it there to liquid natural gas and ship it to Europe, the Israeli official said.
Come on, man. Just build more solar panels.