We'd take a hit for sure. 0 km shipping distance is just a really good deal, even before you build infrastructure. I think I've heard it put at 3% permanent GDP loss, which is about the same as being a couple years of growth behind.

I'd advise you to consider what staying with the US could do to us, and how many of your fellow Lemmings might end up in El Salvador. There isn't really a sacrifice-free option.

All these costs and we then have to compete with countries on that continent who can build pipelines to Europe.

So more or less Russia and Norway. Norway is at capacity last I checked. Russia is obviously not an option. They're importing from the US and places like the Gulf countries right now to keep the lights on.