alt Hacker NewsOh, now worries, I can take my bicycle or train whenever possible (like right now). And since I am european, I do not just worry about gasoline, but also that the US actually might attack us at some point, Trump did threaten again over greenland and the last time - it was not just words, danish troops took it serious and were ready to shoot.
"https://www.euractiv.com/news/denmark-considered-destroying-..."
Unpleasant if this escalates.
Also, the gasoline prices are only "momentary" up, if the whole area does not burst into flames. Then it doesn't matter if the trait is closed, as no more oil is being produced.
The only bright side is, this is a great push for renewables.
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Since WWII you're living under the umbrella of the US, as client states. There was no reason Europe could not amass a significant military power that would grant its sovereignty, but money went to increasing quality of life instead. Trump the 45th even implored EU to do so and bolster NATO.
Europe can't yet heat all the homes in winter with renewables and the heat cast from a smug sense of self-satisfaction, so I wouldn't celebrate yet.
Europe will be affected more then USA by oil prices.