Sen. Cassidy Blames Russia-Ukraine Tension on ‘Failed’ US Energy Policy

Sen. Cassidy Blames Russia-Ukraine Tension on Failed US Energy Policy

The tensions between Russia and Ukraine are a “culmination of the United States’ de-arming when it comes to energy diplomacy,” Sen Bill Cassidy said Sunday.

“Less than one year ago, under the previous administration, we were not only energy independent, but poised to become and have the ability to make the European Union energy independent,” the Louisiana Republican said on “Fox News Sunday.” “In less than a year, we’ve lost that ability.”

As a result, Russia now has leverage over the EU in terms of energy, said Cassidy, and can use that power to “blackmail them into turning a blind eye” on its threats to Ukraine.

“Germany’s response has been quite muted to the pending inflation,” said Cassidy. “I would say this is a culmination of a failed energy policy.”

Energy prices are already much higher in Europe than they are in the United States, he continued, and Russia is already hinting at the leverage it has over the EU, “and it could increase if the Russians decide to further exploit it,” the senator added.

President Joe Biden is strongly encouraging Americans to leave Ukraine as soon as possible and has said there is no prospect for a U.S. military-led evacuation, and Cassidy said he agrees “100%” with the president that people should leave now.

“Use common sense — we should not be endangering our soldiers or Marines because somebody decides not to evacuate until after the fact,” said Cassidy. “Get out. If there is a pending invasion, used common sense and leave.”

Biden has also vowed to stop the Nord Stream 2 pipeline from Russia into Germany if there is an invasion, and Germany has said it agrees with that decision.

However, the United States must resume using its resources and ramping them up to provide or replace what would be lost from Russia, said Cassidy.

“That means beginning to lease in the outer continental shelf off of Louisiana, allowing the development of oil and natural gas and public lands inland and speeding up permanent for the export facilities and pipelines that are currently not occurring,” said Cassidy. “Right now, this administration is putting in amber the ability of the U.S. to expand and energy supply. That is why we are paying more for gas and natural gas.”

Cassidy and other GOP senators met this past week with the EU’s commissioner for energy, but no promises were made about meeting Europe’s energy needs, he said.

“Senators cannot promise if the administration slow walks everything by every means possible to decrease U.S. energy production,” said Cassidy. “The administration can take laws on the book and interpret them in such a way, sometimes in direct conflict with a stated means of the law, to slow down production. That is what this administration is doing.”

This means Germany is burning coal rather than natural gas, which creates carbon intensity, said Cassidy.

“We are putting our  European allies at threat of economic downturn and allowing them to be leveraged by Russia,” he continued. “This administration’s energy policy is a failure in terms of the climate, in terms of national security, the economy, in terms of, you name it.”

About Stu Turley 3359 Articles
Stuart Turley is President and CEO of Sandstone Group, a top energy data, and finance consultancy working with companies all throughout the energy value chain. Sandstone helps both small and large-cap energy companies to develop customized applications and manage data workflows/integration throughout the entire business. With experience implementing enterprise networks, supercomputers, and cellular tower solutions, Sandstone has become a trusted source and advisor.   He is also the Executive Publisher of www.energynewsbeat.com, the best source for 24/7 energy news coverage, and is the Co-Host of the energy news video and Podcast Energy News Beat. Energy should be used to elevate humanity out of poverty. Let's use all forms of energy with the least impact on the environment while being sustainable without printing money. Stu is also a co-host on the 3 Podcasters Walk into A Bar podcast with David Blackmon, and Rey Trevino. Stuart is guided by over 30 years of business management experience, having successfully built and help sell multiple small and medium businesses while consulting for numerous Fortune 500 companies. He holds a B.A in Business Administration from Oklahoma State and an MBA from Oklahoma City University.