There is a race to replace Russian energy.

According to the Wall Street Journal, https://on.wsj.com/3tZRDJM , the EU buys about 40% of its Natural Gas from Russia. They want to reduce that by 2 - 3rds by then end of 2022.

To help our friends in Europe the US Government stepped up and committed 50 billion Cubic Meters of LNG, every Year thru 2030!

Here is the challenge, the US natural gas supplies were already strained and causing prices to rise, then Russia decided to invade Ukraine.

As the Wall Street Journal clearly stated below, it is the consumers who will feel the pinch. I think these prices will feel more like a sucker punch to the gut.

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