The USA will have to step up and provide all the energy needs necessary to Europe in order to offset any cuts Russia will make as punishment for the EU not giving in to them. We are the top energy producer in the world now. It can be done. Let the Reds eat their oil and gas.
That's a capability we should have been building for the last 5 years. To do what you say would SUBSTANTIALLY reduce US stocks during a cold winter here too.
Sure, in the olden days Americans would bit the bullet and step up.
But not without strong leadership.
Besides, Obama's base would never stand for it.
A helluva lot of other countries will gladly take their oil and gas.
***The USA will have to step up and provide all the energy needs necessary to Europe in order to offset any cuts Russia will make as punishment for the EU not giving in to them. We are the top energy producer in the world now. It can be done. Let the Reds eat their oil and gas.***
It is impossible for US suppliers to deliver energy resources to Europe at th same price point as Russia. We can’t even deliver nat gas to Arkansas for what Russia can deliver it to Poland today.
For the US to “punish” Russia will require American taxpayers to underwrite cheap fuel to the EU.
We are broke, that just will not happen.
If you think you’re energy prices are high now.... We’ll be the ones who pay the price for that plan. That will become very unpopular. How will this effect our economy, which is already weak?
That will present a problem, though.
Europe gets its natural gas from Russia via pipeline. We would have to deliver our natural gas in LNG tankers.
To my knowledge, there is no operating LNG terminal at any American port -- though several are being constructed. And, in any event, we probably don't have access to enough LNG tankers to deliver the gas -- if we could load it.
Obama is going to find the EU very cool to any broad-ranging sanctions.
Except they'll feast on it themselves and feed the beast in China.
“The USA will have to step up and provide all the energy needs necessary to Europe in order to offset any cuts Russia will make as punishment for the EU not giving in to them.”
We don’t have a pipeline from New Orleans to Europe to deliver natural gas. Nor do we have the tanker fleet. In addition, wealthy Jewish businessmen in Russia, Europe and Israel are working together to build pipelines from Russia to Europe to deliver energy. Messing with that deal would hurt Israel. Noble Energy out of Texas is also a big player in developing natural gas fields in the Mediterranean Sea like the Leviathon gas field. The entire situation is complicated. Smash one of your toes with a hammer and your entire foot will experience pain.