Published on May 15th, 2014 | by Nick Adams0
Here’s A Way America Can Stick It Up Putin…
May 15th, 2014 | by Nick Adams
If America seizes on the very things it stand on (literally), it will be able to push Russian President Vladimir Putin on the back-foot in his efforts to dictate to Ukraine.
America’s booming natural gas production could help Ukraine keep the heat and lights on amid Russia’s latest threat to cut off supplies, if the U.S. cuts through troublesome red tape, lawmakers said.
Russian President Vladimir Putin said state-run Gazprom will only deliver gas to cash-strapped Ukraine if it is paid in advance. U.S. lawmakers blasted the threat from Putin, who is backing an uprising by ethnic Russians in Ukraine, and said the U.S. must act quickly to keep Ukraine supplied. The U.S. has port facilities that turn natural gas into liquid for export and more are under construction, but shipping to any country not bound by a free trade agreement with the U.S. requires a federal permit. Since 2011, DOE has approved six applications for permits to export natural gas to non-free trade agreement nations, but Ukraine is not one of them.