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Showing posts with label energy supplies. Show all posts
Showing posts with label energy supplies. Show all posts

December 30, 2021

Global Energy Supplies: Europe needs an energy policy independent of US interference

It is no secret to the world that the US government has been obstructing the construction of the Nord Stream 2 pipeline for many years by imposing all types of political and economic sanctions on related parties. The stake is high behind the US' suppression of the project, because the pipeline could enable more cheap gas supplies from Russia to Europe, depriving US suppliers of a prime export market.

Whether the Nord Stream 2 will promote energy cooperation between Russia and Europe, or become a trigger of tensions across the Atlantic will remain to be seen. While the US doesn't really care about Europe's energy security, Washington won't tolerate anything that threatens its energy trade.

What the US government wants is to preserve its global hegemony in the energy sector. The US energy hegemony is one of the important pillars of American global hegemony. So, the US will do everything in its position to ensure global energy supply patterns are in line with its global geopolitical power play. If the energy cooperation between Russia and Europe were allowed to unfold without any complications, it is conceivable that many things would be out of the control of the US.

If anything, the energy crisis is another example demonstrating why Europe needs to have the ability to independently form its own political and economic policies including energy security. Europe needs to be clear that its interests are not the same as the US', and it cannot completely follow the US lead on many issues, or it will end up hurting itself.

Read more at: GT Voice: Europe needs an energy policy independent of US interference - Global Times