Europe continues to humble brag about its reduction in Russian fossil energy imports, but it hasn't materially impacted Russian revenues or necessarily enhanced European energy security.
I would love it if smart energy folks like you and @Doomberg might take the next step here and investigate/ report on the follwing thesis, including numbers: "Wrong headed sanctions and energy policy in the U.S. and EU have created a huge opportunity for the U.S. and others with significant oil & gas reserves. Stepping up production specifically targeted for export to the EU, would turbocharge those exporting economies and weaken the entrenched bureaucracies fomenting these self-defeating policies." @Doomberg has suggested elsewhere that fears of near term recession in the U.S. are overstated because we have huge energy reserves and a massive built industrial base (that's only getting bigger, because re/near-shoring). Let's hope that's true. Perhaps these wrong headed policies have created a market opportunity that might cement that truth if we actually got after it?
I would love it if smart energy folks like you and @Doomberg might take the next step here and investigate/ report on the follwing thesis, including numbers: "Wrong headed sanctions and energy policy in the U.S. and EU have created a huge opportunity for the U.S. and others with significant oil & gas reserves. Stepping up production specifically targeted for export to the EU, would turbocharge those exporting economies and weaken the entrenched bureaucracies fomenting these self-defeating policies." @Doomberg has suggested elsewhere that fears of near term recession in the U.S. are overstated because we have huge energy reserves and a massive built industrial base (that's only getting bigger, because re/near-shoring). Let's hope that's true. Perhaps these wrong headed policies have created a market opportunity that might cement that truth if we actually got after it?