Tag Archives: European Energy Security
It appears conditions are right for the U.S. to export oil and gas in significant amounts to Europe. This would be not only economically favorable to the U.S. but politically very favorable to Europe, since it could largely replace in the medium term an unreliable source of energy supply from Russia by a much more reliable and friendly source, the United States.
“The question of exports to Russia falls under [EU sanctions] stage three. About when to trigger stage three, if there is more destabilization we have agreed, also myself bilaterally with the U.S. President, that if [Ukrainian] elections take place we won’t trigger stage three. We see elections have taken place successfully…”