Fighting Russia with U.S. natural gas exports
Russia’s decision last week to cut off natural gas shipments to Ukraine is adding urgency to discussions on Capitol Hill, where lawmakers are considering legislation to speed approval of U.S. natural gas exports.
After the announcement was made, the House Energy and Commerce Committee noted, “For decades, Russia has been wielding its energy resources as a weapon to exert power over our allies, but the U.S. now has the opportunity to fight back against this Russian aggression with our own emerging energy prowess.”
Fighting Russian aggression by providing U.S. energy supplies to our allies is a new concept. For more than 40 years, the United States watched in frustration as its oil and natural gas output declined, oil imports climbed, and payments to foreign suppliers skyrocketed.… Seguir leyendo »