Thread

1. karlkloss · 1789555974 · focus · HN ↗

   Nearly 60% of EU LNG imports come from the USA. If Trump doesn't like Canada to cuddle with the EU, then it won't happen.

   This is all a big pain in the back.

   1. fidotron · 1789556208 · focus · HN ↗

      The LNG won't come from Canada either. Trudeau notoriously said "there's no business case" for it, but the truth is they can't agree with how to actually get enough of it to the east coast to make a difference, and that's what blocks it. (In fairness the route does go through some very unique environments).

      Canadian provinces have a far bigger ability to screw things up for the whole than countries do inside the EU, and people remotely familiar with the EU will understand what a strong statement that is.

      1. llm_nerd · 1789646573 · focus · HN ↗

         > Trudeau notoriously said "there's no business case" for it

         LNG was at all time low prices at the time, and Canada has an integrated NG pipeline system with the US, and the US has enormous amounts of export capacity as they just repurposed import terminals into export terminals, whereas for Canada it would be a greenfield project. Trudeau and his government caused a lot of harm for Canada, and a lost decade to platitudes and feel good save-the-world nonsense, but his statement was absolutely correct, and it was only "notorious" among partisans who see wrong in everything the "other team" does or says.

         I mean, much of that natural gas that the US exports to Europe came from Canada, through that integrated "we're friends and allies" network.

         There wasn't a case for it, because the US wasn't a criminal idiocracy at the time and we had an integrated system.

         I mean, now we're talking about just building our own pipeline system because it has come to that, but at the time Trudeau was absolutely correct. You don't build a tens of billions of dollars terminal just in case a country goes rogue.

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