https://sputnikglobe.com/20221205/macron-says-europe-us-relations-facing-de-synchronization-over-high-energy-prices-1105043571.html
Macron Says Europe-US Relations Facing 'De-Synchronization' Over High Energy Prices
Macron Says Europe-US Relations Facing 'De-Synchronization' Over High Energy Prices
Sputnik International
MOSCOW (Sputnik) - French President Emmanuel Macron has drawn attention to the "de-synchronization" in relations between Europe and the United States, as the... 05.12.2022, Sputnik International
2022-12-05T07:13+0000
2022-12-05T07:13+0000
2023-04-12T17:04+0000
world
us
emmanuel macron
european union (eu)
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"I think this administration and President Biden personally is very much attached to Europe. But when you look at the situation today, there is indeed a de-synchronization. Why? Energy. Europe is a gas and oil buyer. The US is a producer," Macron told US media.The French president noted that industries and households of the US and Europe buy gas and oil at different prices, which therefore creates a big gap impacting purchasing power and competitiveness in the allied countries.Speaking about the situation in Ukraine, the president emphasized that Europe and the US engage in this conflict "for the same principles," but the cost of this involvement is different on both sides of the Atlantic.Macron paid an official visit to the US from November 29 to December 2. He met with US President Joe Biden in Washington on Thursday to discuss the situation in Ukraine, the economy, trade, energy and space cooperation.After the beginning of Russia's military operation in Ukraine in February 2022 and the adoption of several packages of sanctions against Moscow by the European Union, the bloc has dramatically curbed its imports of Russian gas while looking for alternatives to Russian fuel, following a pledge to end its dependence on Moscow for energy supplies.
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macron, europe-us relations, de-synchronization, high energy prices
macron, europe-us relations, de-synchronization, high energy prices
Macron Says Europe-US Relations Facing 'De-Synchronization' Over High Energy Prices
07:13 GMT 05.12.2022 (Updated: 17:04 GMT 12.04.2023) MOSCOW (Sputnik) - French President Emmanuel Macron has drawn attention to the "de-synchronization" in relations between Europe and the United States, as the North American ally continues to sell gas at sixfold the original price, increasing burden on European households and industries.
"I think this administration and
President Biden personally is very much attached to Europe. But when you look at the situation today, there is indeed a de-synchronization. Why? Energy. Europe is a gas and oil buyer. The US is a producer," Macron told US media.
The French president noted that industries and households of the US and Europe buy gas and oil at different prices, which therefore creates a big gap impacting purchasing power and competitiveness in the allied countries.
"With Russian natural gas drastically cut, Europe is buying more from the U.S., but at a price as much as six times what Americans pay. This, at a time when inflation and unemployment in France are hovering around 7%," Macron added.
Speaking about the situation in Ukraine, the president emphasized that Europe and the US engage in this conflict "for the same principles," but the cost of this involvement is different on both sides of the Atlantic.
Macron paid an official visit to the US from November 29 to December 2. He met with US President Joe Biden in Washington on Thursday to discuss the situation in Ukraine, the economy, trade, energy and space cooperation.
After the beginning of Russia's military operation in Ukraine in February 2022 and the adoption of several packages of
sanctions against Moscow by the European Union, the bloc has dramatically curbed its imports of Russian gas while looking for alternatives to Russian fuel, following a pledge to end its dependence on Moscow for energy supplies.
