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    WP: Using U.S. natural gas as an energy wedge against Russia

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Summary

US LNG export would bring money into the country and uphold the vital principle that energy resources should flow freely around the globe, making the markets for the fuels the world economy needs as flexible and robust as possible.

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Press Notes

WP: Using U.S. natural gas as an energy wedge against Russia

DEBATE HAS raged over whether the United States can fight Vladimir Putin on the Russian president’s most favorable ground: energy politics. It can, and it should, particularly because there’s an obvious path forward that coincides with the United States’ — indeed, the world’s — economic interests. That path is lifting irrational restrictions on exports and making it easier to build natural gas export terminals.

For years, Mr. Putin has used his nation’s wealth of oil and natural gas as a cudgel to bully his neighbors. At present, the European Union’s large imports of Russian natural gasdiscourage a forceful Western response to Russia’s aggressive actions in Ukraine. Meanwhile, the United States is tapping massive reserves of unconventional natural gas. That has not only made the U.S. self-sustaining in gas, but also driven down the price of U.S. gas to a point well below what Europeans are paying for the Russian stuff. If the federal government allowed more of it to be liquefied and exported, would the Russians lose a share of the European market?  MORE