Condoleezza Rice telling us what we 'want' back in 2014...
Posted by Ian M on October 2, 2022, 7:34 pm, in reply to "Thanks boss."
h/t J.Dore: |
'...we need to have tougher sanctions and I'm afraid at some point this is going to probably have to involve oil and gas. The Russian economy is vulnerable - 80% of Russian exports are in oil, gas and minerals. People say, well the Europeans will run out of energy. Well, the Russians will run out of cash before the Europeans run out of energy, and I understand that it's uncomfortable to have an effect on business ties in this way but this is one of the few instruments that we have. Over the long run you simply want to change the structure of energy dependence, you want to depend more on the North American Energy platform, the tremendous bounty of oil and gas that we're finding in North America. You want to have pipelines that don't go through Ukraine and Russia. For years we've tried to get the Europeans to be interested in different pipeline routes...'
OK Condi, whatever you say...
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