Energy Workforce & Technology Council: Russian invasion shows need to maximize U.S. energy
Russian President Putin’s unprovoked invasion of Ukraine brings to the forefront the need to maximize U.S. domestic energy resources and not be beholden to President Putin and other world tyrants that disrupt and destabilize global energy markets.
The U.S. energy sector has the expertise, technology, workforce and innovation to increase our domestic supplies of oil and natural gas in a cleaner, more reliable way than our foreign counterparts. But to maximize our abilities, our political leaders must end rhetoric demonizing U.S. energy, reduce overly burdensome regulations, support construction of new critical energy infrastructure, and take immediate steps to restart oil and gas lease sales on federal lands. These steps will create more jobs and provide the energy resources necessary to power North America and our European allies, improving the economic and national security of both regions.
The U.S. energy sector possesses the technology and expertise to assist the Europeans and expand their energy mix. Technologies like CCUS and geothermal are being rapidly improved and perfected by U.S. energy service companies. Government investments in this technology will help spur additional investments leading to a growing number of energy choices. Together, the U.S. and EU can work together to ensure that people on both sides of the Atlantic have access to reliable, affordable and plentiful energy, improving the economic and national security of both regions.