US Gas Not Effective Against Russia

Forbes reported that natural gas exports from the United States might not be a useful weapon against Russian in light of the recent annexation of Crimea.

According to the report:

n due time, a global natural gas foundation may be laid here — but the whole geo-political chessboard will have been reshuffled. The argument that the United States must show its strength and move forward is therefore a bit spurious, although the points about opening borders and allowing free trade remain formidable.

Hill Huntington, executive director, Energy Modeling Forum, at Stanford University stated:

U.S. Exports are unlikely to make much of a dent into European and Asian markets currently serviced by Russia within the next next decade. There are other sources in the Middle East and elsewhere that may be a lot more competitive with Russian supplies than U.S. exports.

Click here to view the full report.