LIVE: Daily Energy Markets Podcast
Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube.
Op-eds & Essays by • March 06, 2014
With every passing hour, Ukraine seems to move closer to the brink of disaster. The causes are multifaceted, but a key driver of the crisis has been Ukrainian — and European — dependence on Russian natural gas. In the short term, U.S. officials are understandably scrambling to keep events from spiraling out of control in Crimea, where Russian troops have taken control of much of the peninsula. In the long term, however, the United States may be able to tip the balance against President Vladimir Putin, using the American shale-gas boom to weaken Russia’s geopolitical leverage in Ukraine.Â
The White House announced last week an oil deal for more than 65 billion barrels of oil reserves in Venezuela and a 35% equity stake in North American Blue Energy Partners (NABEP).
The Hormuz crisis is the latest in a series of disruptions that have exposed the continent’s energy vulnerabilities. The time to build resilience is between crises, not during them.
Full report
Op-eds & Essays by • March 06, 2014