Watch Live: Senate hearing on impact of Russia's war in Ukraine on global energy security on nearly 1 year anniversary of war — 2/16/23

basquebromance

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Nov 26, 2015
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i'm watching live, will summarize the best quotes, and when the thing is over will post video excerpts from the hearing. stay tuned, folks!

 
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America's ban on Russian oil and gas, which Sen Manchin brought up as a great Biden achievement, is largely symbolic. The United States relies very little on Russian energy: The country's crude represented less than 2% of all US oil imports.
 
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"as of today, the war is showing no sign of a peaceful resolution" - Sen Manchin
 
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Russia‘s attempt to use energy as a weapon backfired. Decarbonisation of the energy system has been accelerated and is already reducing Europe’s reliance on fossil fuels
 
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Thanks to EU and American oil sanctions, the price of crude oil has skyrocketed. This has allowed Russia to make a profit from oil sales to Asian customers. In the meantime, American consumers are reeling from high gas prices.
 
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Russia is using Ukraine as a screen for the annexation of Kazakhstan. Kaz has more rare earth metals and allows Putin to control the future of lithium ion batteries
 
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"we will win this energy conflict and come out more secure than before"
 
EU has formally adopted the repower EU Plan which recognises that nuclear power will play a role in ensuring the security of EU energy supplies.
•Western utilities have not completed new contracts with Russia but continue to accept deliveries on existing contracts.
 
Qatar vs. Russia. Qatar wants to get into the European market with natural gas, Syria, Iraq, and Iran ally with Russia
 
"Russia’s state nuclear power conglomerate has been working to supply the Russian arms industry with components, technology and raw materials for missile fuel, documents show, aiding Moscow’s deadly onslaught on Ukraine," - Washington Post
 

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