The US government may be sitting on the sidelines rubbing their hands with glee, but whichever way you wanna look at this, Europe is fcuked big time.
1. Neither Qatar nor any other country has capacity to replace Russian gas supplies to Europe with LNG in the short to medium term.
2. Meanwhile, the Arabs are not picking up Biden's calls because they don't want to risk their oil bag for some geopolitical bullshyt they're not a part of.
3. Venezuela and Iran have told the West to go pound sand - you don't destabilise them for decades then go cap in hand when you're in trouble.
4. Meanwhile, the Russians are supplying gas directly to China via "Power of Siberia" pipeline. By 2030, "Power of Siberia II" will be complete and the European gas market will be totally irrelevant.
Energy hungry European countries-especially manufacturing giant Germany - are fcuked big time.
Power of Siberia 2 Pipeline Puts Ever More Pressure on Europe | Pipeline Technology Journal