"Not as fun as Kaja’s [Kallas, the EU foreign policy chief] Marvel comics, but this short video is a great educational tool to help Kaja and Ursula [von der Leyen, the president of the European Commission] get smarter, understand their energy mistakes, and see what’s coming next," Dmitriev wrote on X, commenting on a post by Cypriot member of European Parliament and video blogger Fidias Panayiotou.
In the video referenced by Dmitriev, US economist Sachs explained to Panayiotou why the EU's energy course is leading Europe towards crisis. Sachs said that abandoning Russian oil would cost the European Union dearly, as US crude is several times more expensive, with energy prices only rising due to the Middle East conflict.
The economist added that Europe would face mass deindustrialization and self-destruction because of its rejection of Russian oil and gas.