At a time when President Obama is looking around for tools to use against Vladimir Putin, a report from one of his Administration’s former officials raises this question: Shouldn’t shale energy resources be Washington’s mightiest weapon?
“The great questions of the day will not be settled by means of speeches and majority decisions … but by iron and blood,” stated Otto von Bismarck in 1862. Elements of the Prussian statesman’s logic can be found in a new report from the Center for a New American Security (“CNAS”), entitled Energy Rush: Shale Production and U.S. National Security, which argues that America should deploy its new oil and natural gas resources to give the country more political clout.
This is a remarkably prescient stance in light of Russia’s occupation of Crimea. Then again, the report, published February 6, is not the work of some lunatic fringe group that deserves an eye roll and consignment in the special circular file. The author of the report is Elizabeth Rosenberg, a former Obama Administration official. Rosenberg served as senior advisor to the Assistant Secretary of the Treasury for terrorist financing and financial crimes, then the Under Secretary for Terrorism and Financial Intelligence. Further, the arm of CNAS that published the report is co-chaired by Ambassador Paula J. Dobriansky, Governor Bill Richardson, and Senator John Warner.
Rosenberg argues that the rallying cry of energy independence is over-simplistic and even self-defeating in terms of America’s national security and economic interests. She says we will fumble America’s new energy supply abundance into a national security and economic missed opportunity if we squirrel away our oil and gas and become energy isolationists. The best way of shoring up America’s energy security is by using our newfound abundance to widen global access to our friends of sufficient, affordable energy supplies in order to fuel world economic growth and secure policy outcomes to America’s advantage.
Read more: http://www.forbes.com/sites/michaelkrancer/2014/03/10/experts-obama-could-use-new-u-s-natural-gas-oil-riches-as-tools-against-putin/