Skip to main content

Posts

Showing posts with the label Energy Economics

The EU’s Energy Pivot: Shifting from Russian to U.S. Oil and Gas – A Detailed Analysis

The EU’s shift from Russian to U.S. oil and gas marks a seismic economic realignment. While it secures supply and reduces Moscow’s influence, it raises costs, introduces new vulnerabilities, and challenges the green agenda. By 2029, a more diversified, LNG-heavy EU energy mix could stabilize prices, but only if choke points and geopolitics cooperate. Economically, the U.S. gains, the EU adapts, and Russia fades—yet the full cost-benefit equation remains a work in progress, balancing security, sustainability, and price. This pivot isn’t just about energy; it’s a reshaping of global economic power, with the EU caught between old dependencies and new alliances. ________________________________________________________________________________ As of April 9, 2025, the European Union (EU) stands at a critical juncture in its energy landscape. Historically reliant on Russian oil and gas, the EU has undergone a dramatic shift in its supply chains, driven by geopolitical tensions, notably Russia...