Monday, April 25, 2022

Curtailing Russian Aggression by Ramping Up U.S. Energy Production

What about the next few weeks, months, and potentially, years? The chairman of the Joints Chiefs of Staff, General Mark Milley, has stated the war could drag on "For months, maybe years." In any event, Europe is already hell-bent on getting out from under its dependence on Russian energy.

We should be helping them, not begging for energy from places like Venezuela, Iran, and OPEC+, which includes Russia.

This can only be countered with a boycott of Russian oil and gas and sharply increased deliveries of energy products to the EU from elsewhere, the United States being the main source.

The United States has the potential to step into Europe's energy breach and send a signal to both Europe and the world that it will ramp up production to become the "Fueling station of the free world," just as we were the "Arsenal of democracy" during World War II. Until we take that logical step, even a democracy like India is hedging its bets on the war given its understanding that the U.S. government is at war with fossil fuels at home and cannot be counted on as a source of critical energy imports for the Indian economy.

"Now, Ukrainians are being murdered and their country destroyed in some large part because the current administration won't reconsider its near religious-ideological commitment to stemming 'global warming" and "Climate change" and say to our European allies, "We will do everything in our power to substitute U.S. energy production for what you're currently getting from Russia."

Just an announcement that the U.S. Government is ending its "Whole of government" assault on fossil fuels and reverting to the kind of energy strength we experienced pre-Biden would be a powerful signal to the world energy markets and prices, particularly, "Futures," for oil and gas would likely tumble.

Finally, an America that lived up to its energy potential would strengthen its challenged geostrategic standing in the world and make it a safer place, given that global power is based on three pillars: first, the vitality of an economy; second, military strength; and third, the capacity to power the first two-energy production.

https://nationalinterest.org/feature/curtailing-russian-aggression-ramping-us-energy-production-202004 

No comments:

Post a Comment