Skip to comments.Trump to promote U.S. natgas exports in Russia's backyard
Posted on 07/06/2017 2:39:06 AM PDT by barmag25
President Donald Trump will use fast-growing supplies of U.S. natural gas as a political tool when he meets in Warsaw on Thursday with leaders of a dozen countries that are captive to Russia for their energy needs.
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It’s a good public position to take, but Russian gas can sell at any price the government wants, and they have direct pipelines. USA gas must ship by tanker. It’s not serious competition for the Russians
Trump is sending Russia a message that they can’t use their pipeline to other countries as extortion. “You give me XYZ, or I’ll shut off the oil/gas to you.”
Over the past few years we have seen Russia do a number of things contrary to our interests. Selling Kornet missiles to Iraq prior to the 2003 invasion in violation of UN sanctions, helping Iran's nuclear program, invasion of Georgia, invasion of the Crimea, Syria, etc. The concept of selling LNG to Europe is the first move by the US in all that time which may have an effect on Russia's activities. They are very reliant on petroleum-dollars.
More to take Russia’s ability to turn off the tap for leverage out of their arsenal.
“Its a good public position to take, but Russian gas can sell at any price the government wants, and they have direct pipelines. USA gas must ship by tanker. Its not serious competition for the Russians”
Umm, while indeed Russia can artificially set gas prices at whatever they choose. By the US selling gas to Europe prices will be depressed thereby reducing cash flow to Russia. Cash/revenue is badly needed by Russia to fund it’s expansionist objectives. Russia is hurting and our getting into the natural gas game in Europe will hurt Russia even more.
I was pretty angry about that at the time.
Russia doesn’t have to be our enemy, but it is for sure they aren’t our friend.
I think the only place our natural gas could have an effect is at the boundary of where their supply lines end, which I would guess have to be reasonably far from their core markets.
Boy, bet Putin wishes he hadn’t rigged the Nov. election in favor of Trump. /s
You could not be more wrong. In a LNG war no one can now outstay the USA. Not Russia, not Qatar, no one.
Guess they’re no longer going to be BFFs?
Unless we can get our pipeline in under Syria.
I used to lean pretty pro-Russia but I am becoming a new cold war warrior recently.
We live in an area where LNG is abundant and being harvested. Jobs are dependent on it. Would love to see our local economy lift.
This is an excellent tool to use to support Russia’s disengagement from Crimea and Ukraine.
Reuters thinks the sovereign country of Poland is somebody else's (Putin's) backyard.
But access to US energy is exactly what eastern European countries want to hear about. The current discussions between Russia and western Euro countries leave the eastern bloc literally out in the cold.
See Nord Stream 2.
They are definitely not our friends.
A win for us and Eastern Europe....