Friday, August 15, 2014

Europe Against the Wall on Energy : Russia Calls the Tune

I looks like the only way the Untied States can help the Europeans in the fight with Russian oil imports is increased production and reforming regulations. This will not happen any time soon, at least not for the next two years while the Obama administration has the reigns of power.

The progressive socialist democrats believe fossil energy is bad for the planet and therefore will block any expansion on federal lands. Instead they will waste billions of tax dollars on "renewable" energy sources like solar, wind and biofuels, Ethanol, that have no near future benefits. Know this, 'renewable energy sources' is political, and if the Obama is nothing else, he is political.

That our country could be a leader in energy production in the world, and could actually influence terrorists without firing a shot due the threat of restricting our supply to them, is lost on the liberal democrat. Democrats are not interested in influencing world order, it's about taking total power.

Know this also, the progressive socialist democrat is not interested in foreign affairs as witnessed by the results of Mr Obama's world wide failures, they are only interested in securing local election results for ultimate control of the population to benefit their own ends.

That America will be diminished in the world as a leader for freedom and Democracy is of no importance. This about getting and keeping the power to control outcomes that will make them the only source of survival among the population, but at the same time rich as they launder tax dollars. It's the power and it's the money, nothing more. Pride in country is foolishness. Love of country nonexistent.

Citizens that oppose the progressives are now the enemy of the state. Welcome to the world of progressive democrats. Remember this when you vote in November. To do less is self destruction.

Reducing Europe's Dependence on Russian Energy
Source: Mark P. Mills, "A Marshall Plan for Energy," National Review, August 8, 2014.

August 14, 2014

The recent crisis in Ukraine has highlighted the role of Russia in Europe's economy. While the United States and Europe are responsible for half of the world's economy, the E.U. is highly dependent on Russia for oil and natural gas. This reality, writes Mark P. Mills, senior fellow at the Manhattan Institute, makes clear the need for a "Marshall Plan" for energy.

The solution? Exporting American energy overseas -- something that is currently restricted under U.S. law. Mills breaks down some of the numbers regarding energy:
  • More than one-third of oil and gas supplied to Europe comes from Russia and former Soviet Union countries.
  • If the United States shipped just 2 million barrels of oil per day to Europe, it would reduce the E.U.'s energy dependence on Russia by half.
  • The United States is the world's fastest-growing oil producer. In four years, it has increased oil production by 3 million barrels a day and natural gas production by 4 trillion cubic feet each year.
  • By substituting half of its energy purchases from former Soviet Union countries with American fuel, Europe would inject the U.S. economy with $300 billion over four years.
The United States clearly has the capability to supply Europe with oil and gas and reduce European countries' dependence on Russian energy. In addition to peeling back limits on natural gas and oil exports, Mills writes, the United States needs to improve its regulatory environment and make energy investment more desirable.
 

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