New Energy deal between the US and GB

Perhaps the first tangible benefit of Brexit a bilateral agreement on energy should advantage the UK. And for Russia they should expect to see other deals that displaces their oil and gas. Once in place these agreements will be hard to change. The sheer stupidity of Putin’s war is mind boggling…he had a perfect set up.

“As part of this, the US will strive to export at least 9-10 billion cubic metres of LNG over the next year via UK terminals, more than doubling the level exported in 2021 and capitalising on the UK’s leading import infrastructure,” Wednesday’s announcement said.

“The group will also work to reduce global reliance on Russian energy by driving efforts to increase energy efficiency and supporting the transition to clean energy, expediting the development of clean hydrogen globally and promoting civil nuclear as a secure use of energy,” it added.

Commenting on the plans, U.K. Prime Minister Rishi Sunak said: “We have the natural resources, industry and innovative thinking we need to create a better, freer system and accelerate the clean energy transition.”

“This partnership will bring down prices for British consumers and help end Europe’s dependence on Russian energy once and for all.”

The news comes at a time of huge disruption within global energy markets following Russia’s invasion of Ukraine in February.

Perhaps the first tangible benefit of Brexit a bilateral agreement on energy should advantage the UK. 

The deal is a good thing but a Brexit benefit?

Nothing stopped the EU from signing an energy deal earlier in the year with the US.

While the Europeans are closing small farms in Holland Britain is securing gas….definitely a Brexit benefit.

Under the deal, the U.S. pledged to export at least 9 billion to 10 billion cubic meters of liquefied natural gas, or LNG, over the next year via U.K. terminals — more than double the amount exported in 2021. 

……

As part of a joint announcement of a US-European Commission (EC) task force to reduce Europe’s dependence on Russian fossil fuels, the US announced that they will ensure additional LNG volumes to the EU market of at least 15 bcm in 2022. Furthermore, the EC will work with member states to guarantee demand for 50 bcm of additional US LNG until at least 20303.

……

So Europe gets an extra 15 bcm and the UK gets an extra 5 bcm.  But the UK consumes 20% of the gas that the rest of Europe does. So on an equal basis they should have got a pledge for 3 bcm…..which the bureaucrats in Europe would probably have chiseled down to 2 bcm. They got 5 bcm, the Brexit benefit.

Comprende?

Comprende?

Sigh....and you know what would of happened had the UK still been a member of the EU, the EU would of negotiated for the extra 5 bcm of gas on behalf of its member state the UK and probably would of been able to negotiate a better price for it too, just like they did with the vaccine.

The EU have the best trade diplomats in the world, no other country or trading block has successfully negotiated as many trade deals in the world.

Meanwhile in Brexit Britain, the former Tory cabinet minister who negotiated the trade deal with Australia stood up in the house of commons and said how bad the deal was, and that the main thing he accomplish in negotiations it was delaying it for 15 years. A week later the trade data came out for Liz Truss's trade deal with Japan which is so bad it didn't make trade decline compared to a normal year, but declined compared to 2020 the year Covid massively reduced international trade.

Poor Moz trying to sell the benefits of Brexit from America when even the die hard Brexiteers in the UK are openly admitting its not going well.

List of energy deals the EU and EU member states individually have signed in 2022 alone.

https://ecfr.eu/special/energy-deals-tracker/

So I'm failing to see how you have to leave the the EU to be able to sign energy deals.

As you would say,  Case closed.

Don’t you understand simple ratios? Well maybe not. The point is, follow the bouncing ball here, if the EU had negotiated for Britain at the same rate as they did for other EU countries on the basis of usage, they would have produced 3 BCM. Britain negotiating for itself produced 5 BCM..

 Why did Britain produce a better deal for itself? Perhaps because of the special relationship which was always in the background of the Brexit decision.

Now run along and do your ratios, there’s a good little chap.

Well the deals may be beneficial to the USA - but inflationary in Europe through additional costs.  A simple question to Mozart - can the USA actually deliver the full needs of the UK as to for instance gas and petrol - with the Greens controlling Biden and limiting explorations and development of production in the USA?   The other part is Biden pro mised to shut down more than 500 coal power plants and that would destroy electricity provision in the USA and put further stress on gas and petrol/diesel needs.

We should know by now when Biden said something like that it was done on instruction of his handlers and he may just be stupid enough to follow that instruction through.   That will reduce and blow the chances to deliver gas and petrol to the UK and the EU to smithereens.

Nuclear is the way to go - but there is still opposition to it by the Greens ad some countries will have to find money to do so.   Money is in short supply at present and Government spending on that score is bound to add to inflation.   

A better option is obviously what Macron is driving at - peace negotiations with Russia as to the Ukraine War.    This would be the only way to save the EU from disintegrating.    All the Governments in EU and other countries have been weakened by the present scenario and in two cases the Governments in fact lost elections.   Most EU countries have weak coalition Governments that can go down when there are rifts between coalition partners and with hundreds of thousands of people protesting against Government idiocies and especially inflation it is a bad sign for EU Governments.                            

Nope it wouldn’t apply because Britain would be obligated to negotiate with the EU if they were still a member. 

Yawn, sure and there are some. Mostly private, some for terminals, some for vessels, some for gas once infrastructure is in place. But overarching all that is this:

…   

The European Commission will also work with EU countries and market operators to pool demand through the newly established EU Energy Platform, which should create a large and stable market for additional US exports of LNG until at least 2030.

…….

Thankfully the UK won’t be competing with other EU countries for their oversized slice.

The EU is a cancer. I don't know what else to say without being dishonest. Europeans are suffering because of the assistance of espousing global terrorism at the behest of America. While these countries fall apart, they have known agreed economic reparations, the US up to 4 trillion dollars. But of course, Putin fighting neo-nazis the West empowered in the first place is our greatest concern. 

You can't cure STUPID!!!

It’s like having a bunch of high school teachers running your country….opinionated, naive, inflexible, lacking real world smarts. 

It’s like having a bunch of high school teachers running your country….opinionated, naive, inflexible, lacking real world smarts.

It's like if you had a moment of clarity and decided to describe yourself.

Actually I was thinking more about you.