After years of anticipation, Europe is finally taking a big share of American exports of liquified natural gas as it seeks to lessen its reliance on Russian gas.

Expand chart
Data: EIA and the European Commission; Note: EU figures were converted from cubic meters to cubic feet and reflect approximate values. Chart: Naema Ahmed/Axios

Why it matters: It gives Europe leverage with Russia, which has cut off gas supplies in the past, and also bolsters President Trump's goal of positioning America as a global energy superpower.

What they're saying: I caught up Wednesday with European Commission Vice President Maroš Šefčovič, who is in charge of the European Union's energy union. He toured an LNG export facility in Louisiana with Trump on Tuesday.

"We are at the stage when these facilities become commercially very important. We have demand. We have infrastructure in place. The U.S. now has the export capacity."
— European Commission Vice President Maroš Šefčovič

Between the lines: Per Jason Bordoff, founding director of Columbia University's Center on Global Energy Policy: "The price premium disappeared in Asia (partly as a result of the recent oversupply), which leaves U.S. LNG going to Europe, the market of last resort."

Go deeper: Trump seeks to flex America's energy muscles abroad

Go deeper

Updated 3 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Politics: The swing states where the pandemic is raging — Pence no longer expected to attend Barrett confirmation vote after COVID exposure.
  2. Health: 13 states set single-day case records last week
  3. Business: Where stimulus is needed most.
  4. Education: The dangerous instability of school re-openings.
  5. States: Nearly two dozen Minnesota COVID cases traced to 3 Trump campaign events
  6. World: Unrest in Italy as restrictions grow across Europe.
  7. Media: Fox News president and several hosts advised to quarantine.

Republicans and Dems react to Coney Barrett's Supreme Court confirmation

President Trump stands with Judge Amy Coney Barrett after she took the constitutional oath to serve as a Supreme Court justice during a White House ceremony Monday night .Photo: Tasos Katopodis/Getty Images)

President Trump said Judge Amy Coney Barrett's Senate confirmation to the Supreme Court and her subsequent taking of the constitutional oath Monday was a "momentous day," as she she vowed to serve "without any fear or favour."

Of note: As Republicans applauded the action, Democratic leaders warned of consequences to the rush to replace the late liberal Justice Ruth Bader Ginsburg with a conservative so close to the election, as progressives led calls to expand the court.

Hurricane Zeta makes landfall in Mexico ahead of expected arrival in U.S.

Hurricane Zeta's forecast path. Photo: National Hurricane Center

Hurricane Zeta made landfall on Mexico's Yucatan Peninsula as a Category 1 storm late Monday packing maximum sustained winds of 80 mph, per the National Hurricane Center.

The state of play: Louisiana Gov. John Bel Edwards (D) declared a state of emergency Monday as Zeta strengthened into a hurricane earlier Monday.