What’s behind the EU’s $750B deal for American energy?

Arrington Leads Fight to Lower Trade Barriers for American Energy Producers

House Budget Chairman Jodey Arrington (TX-19) was joined by 10 Members of Congress in sending a letter to U.S. Trade Representative Jamieson Greer urging the Trump administration to push back on discriminatory European Union (EU) energy regulations that threaten American exports and undermine the U.S.-EU energy partnership.“The EU has enacted, or is in the process of enacting,

Daniel Turner on The Bottom Line: EU Deal Puts American Energy in The Driver’s Seat - Power The Future

The post Daniel Turner on The Bottom Line: EU Deal Puts American Energy in The Driver’s Seat first appeared on Power The Future.

What’s behind the EU’s $750B deal for American energy?

As part of a new trade pact, the European Union has pledged to buy $750 billion worth of American oil, natural gas and nuclear fuel over three years—more than double its current annual U.S. energy imports, The Wall Street Journal writes.  But experts say the deal, which supports Trump’s latest trade agreement, may be more political than practical.  The EU can’t legally compel private energy firms to prioritize U.S. suppliers over cheaper global …