$750 Billion EU-U.S. Energy Deal Faces Reality Check ...Middle East

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$750 Billion EU-U.S. Energy Deal Faces Reality Check
source : OILPRICE ( Middle East ) () 39
As part of the U.S.-EU trade deal agreed over the weekend, the EU committed to purchasing a mindblowing $750 billion worth of US energy products over three years ($250 per year) including LNG, oil, and nuclear fuel (again this is very big picture: neither side has detailed what was included in the energy deal - or whether it covered items such as energy services or parts for power grids and plants). There is just one problem: this number is laughably unrealistic because it would require the redirection of most US energy exports towards Europe and…

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