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The UK is extremely dependent on American LNG to serve as a vital component of the UK's home heating infrastructure. The UK would have significant affordability

The UK is extremely dependent on American LNG to serve as a vital component of the UK's home heating infrastructure. The UK would have significant affordability problems with making up the difference from other gas exporting countries and would likely just have rationing and rolling outages instead.

arethuza 9mo ago
"Extremely dependent" seems to be overstating things a bit - 11% of imported gas comes from the US with is about a fifth of what we import from Norway and a third of domestic production? https://www.sunsave.energy/blog/uk-gas-sources https://www.sunsave.energy/blog/uk-gas-sources
- throw0101d 9mo ago
  >> The UK is extremely dependent on American LNG to […] > "Extremely dependent" seems to be overstating things a bit - 11% of imported gas comes from the US with is about a fifth of what we import from Norway and a third of domestic production? If the GP wants to hold to his logic, then the US would be "extremely dependent" on Canada, given that 25% of all crude oil refined in the US comes from their northern neighbour: * https://www.afpm.org/newsroom/blog/how-much-oil-does-united-states-import-and-why https://www.afpm.org/newsroom/blog/how-much-oil-does-united-...
- einichi 9mo ago
  That does not make the distinction between pipeline gas and LNG, but I do not know if that is a distinction worth making
  - arethuza 9mo ago
    The UK does produce its own LNG though - I watch the tankers sailing past my house!
  - tom_ 9mo ago
    It doesn't make much difference in terms of the actual gas. It's an alternative transportation mechanism for what's basically the same sort of stuff.
jjkaczor 9mo ago
Well - according to a quick search, 99% of Canadian LNG goes to the US - am sure we would be happy to switch customers at this point in time...
- gadflyinyoureye 9mo ago
  Does Canada have the port systems to load boats to the UK? Of not, can they add such facilities without raising the price?
einichi 9mo ago
Pipeline-based providers are still a significantly greater percentage of the UK's overall gas consumption Could the UK not rebalance its imports from LNG to more pipeline-based gas? It seems like the UK has managed to cut out Russian LNG imports completely already.
- miroljub 9mo ago
  Their precious pipelines could just be blown up by an unknown actor the moment the US president says the UK will not get any gas through them. The North Stream scenario could just repeat.
  - einichi 9mo ago
    Time for some heat pump subsidies I guess! Haha
- pjc50 9mo ago
  I suspect it absolutely could rebalance, resulting in some other country taking the US gas instead while we take their previous non-US gas. Rebalancing US cloud services out is impossible, though. That's the real UK economy kill switch.
  - OgsyedIE 9mo ago
    And payment clearing, incidentally. Bank interlending (including BoE) in the UK is almost entirely built on US systems.

arethuza 9mo ago

"Extremely dependent" seems to be overstating things a bit - 11% of imported gas comes from the US with is about a fifth of what we import from Norway and a third of domestic production? https://www.sunsave.energy/blog/uk-gas-sources https://www.sunsave.energy/blog/uk-gas-sources

throw0101d 9mo ago
>> The UK is extremely dependent on American LNG to […] > "Extremely dependent" seems to be overstating things a bit - 11% of imported gas comes from the US with is about a fifth of what we import from Norway and a third of domestic production? If the GP wants to hold to his logic, then the US would be "extremely dependent" on Canada, given that 25% of all crude oil refined in the US comes from their northern neighbour: * https://www.afpm.org/newsroom/blog/how-much-oil-does-united-states-import-and-why https://www.afpm.org/newsroom/blog/how-much-oil-does-united-...
einichi 9mo ago
That does not make the distinction between pipeline gas and LNG, but I do not know if that is a distinction worth making
- arethuza 9mo ago
  The UK does produce its own LNG though - I watch the tankers sailing past my house!
- tom_ 9mo ago
  It doesn't make much difference in terms of the actual gas. It's an alternative transportation mechanism for what's basically the same sort of stuff.

jjkaczor 9mo ago

Well - according to a quick search, 99% of Canadian LNG goes to the US - am sure we would be happy to switch customers at this point in time...

gadflyinyoureye 9mo ago
Does Canada have the port systems to load boats to the UK? Of not, can they add such facilities without raising the price?

einichi 9mo ago

Pipeline-based providers are still a significantly greater percentage of the UK's overall gas consumption Could the UK not rebalance its imports from LNG to more pipeline-based gas? It seems like the UK has managed to cut out Russian LNG imports completely already.

miroljub 9mo ago
Their precious pipelines could just be blown up by an unknown actor the moment the US president says the UK will not get any gas through them. The North Stream scenario could just repeat.
- einichi 9mo ago
  Time for some heat pump subsidies I guess! Haha
pjc50 9mo ago
I suspect it absolutely could rebalance, resulting in some other country taking the US gas instead while we take their previous non-US gas. Rebalancing US cloud services out is impossible, though. That's the real UK economy kill switch.
- OgsyedIE 9mo ago
  And payment clearing, incidentally. Bank interlending (including BoE) in the UK is almost entirely built on US systems.