Part 6/9:
One of the ripple effects of this sanctioning strategy is that it has positioned the US to potentially emerge as a key supplier to Europe. With mitigating ties to Russian gas, the EU is increasingly considering US liquefied natural gas (LNG) as an alternative source. However, this transition is fraught with complications, as US LNG tends to be significantly more expensive than Russian supplies.
Thus, while the EU contemplates the benefits of US gas, it is also staring down the barrel of significantly higher manufacturing costs that may ultimately negate any competitive advantages gained from diversifying energy sources.