American politician: Russian energy exports are expected to reach $338 billion this year

America is able to strip Russia of energy weapons

• Ukrainian forces pay the price for Washington's indecision.

  Reuters

• Biden does not seem willing to escalate the confrontation with Russia.

  Reuters

• Putin waged a costly war on the West.

  dad

picture

The American politician, Don Ritter, believes that energy is Russia's main weapon in its war against Ukraine, and the reason for this is that energy resources, such as oil, gas and coal, pay the financial costs that should be provided in terms of personnel, missiles, artillery, tanks, and ammunition. And the drones that rain destruction on Ukraine.

It hurts, says Ritter, that Europe is paying this money, and is financing a longer-term war against itself.

And the American politician, Don Ritter, who holds a doctorate in science from the Massachusetts Institute of Technology, adds in a report published by the American “National Interest” magazine, that despite Europe’s success in reducing its energy imports from Russia, global scarcity and energy stagnation in the United States resulted in Production restrictions, for a very large price hike.

In fact, Russia's energy revenues from European countries are still roughly the same as they were before the war. Europe pays about $1 billion a day to Russian President Vladimir Putin's regime, although it gets less energy for what it pays.

Paradox

This is an intolerable paradox for Europe now, and for the United States in the longer term, says Ritter, who sat on the US House Energy, Commerce, Science and Technology Committees for 14 years.

It is expected that Russian energy exports in 2022 will reach about $338 billion, which is much higher than it was in 2021 before the Ukraine war.

Russia's war in Ukraine, at least financially, is quite profitable, and the United States can easily expand its production and begin to replace Russian energy, not only in Europe, but also around the world, including India, Indonesia, and others, but Increasing production is prevented by the importance attached to confronting climate change in American politics.

Ritter explains that India, and other countries in the "Global South," have remained neutral with regard to Putin's war, not because they do not sympathize with the Ukrainian people, but because they depend on Russian oil and gas to run their economies.

And if America is not ready to meet the needs of these countries, it must look for another place, which necessarily means Russia, and what is important here is that there is an urgent need for the United States to work to strip Russia of its powerful energy weapon, by expanding its production, and thus rearming itself.

No to unilateral abstraction

Ritter asserts that unilateral demilitarization of energy is a bad idea at any time, especially in the case of war with an energy-rich enemy, and unfortunately this is exactly what is happening.

Europe disarmed itself first, and now America is doing the same.

On the other hand, Europe and America promised at the recent climate summit “COP 27” to provide one trillion dollars of their taxpayers’ money to the poorest countries, so that they do not produce fossil fuels, in addition to providing compensation for previous damages that are said to be caused by fossil fuels.

Ritter says that the energy response of US President Joe Biden's administration to the bloodshed in Ukraine is to ignore the issue, as there is no talk of energy use anywhere in the US administration, and pro-Ukrainian groups that would like to raise this issue will not do so for fear of Any domestic American political reaction.

And while Russia finances its war in Ukraine by producing and selling large quantities of oil, gas, and coal, the Biden administration is canceling pipelines, limiting new contracts, and using exaggerated Interior Department and Environmental Protection Agency regulations to raise costs and restrict oil and gas supplies.

Socio-environmental rules are used to stop investments in oil and gas infrastructure.

Ritter points out that the policies of the Biden administration have resulted in the United States producing a million barrels less oil than it was before the pandemic, and before Biden, and all this is happening with the aim of making the Green New Deal that Biden supports possible, regardless of the costs to consumers, and the risks it poses. It could be confronted by the US economy and national security.

The United States has the energy reserves and the technological capacity to expand production and begin to provide an alternative to Russian energy throughout the world.

The Biden administration is trying to defend Ukraine against Russia, but its climate policies are undermining that support.

"When will the US administration realize that the imaginary campaign against climate change costs the loss of thousands of Ukrainian lives and the destruction of a country?" Ritter asks.

Russia's energy revenues from European countries are still roughly the same as they were before the war, as it pays about $1 billion a day to Putin's regime, although it gets less energy for what it pays.

The United States could easily expand its production and begin to displace Russian energy, not only in Europe, but also around the world, including India and Indonesia.

Follow our latest local and sports news and the latest political and economic developments via Google news