Countries across Europe are attempting to distance themselves from Russian oil and gas in response to the invasion of Ukraine. As one of the global leaders in oil and gas production, eyes across the world are on the United States, but the U.S. may be less capable of ending the dependence as some would hope, reports Politico.
U.S. liquified natural gas exporters are now shipping 80% of their cargo to Europe, and despite calls for increased production, no new capacity is expected to come online until 2024.