US can’t save EU from energy crisis – FT ...News

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Shale industry representatives say they can’t boost output on short notice and don’t plan to The US is not able to ease the EU’s energy crunch by increasing its shipments of oil and gas, the Financial Times reported on Wednesday, citing shale industry executives. “It’s not like the US can pump a bunch more. Our production is what it is. There’s no bailout coming, not on the oil side, not on the gas side,” Wil VanLoh, the head of private equity group Quantum Energy Partners, one of the largest shale industry investors, told the news outlet. Europe is grappling with a growing energy shortage, trying to secure new so

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