Page 80 - Exporter News Today

This viewer question. and this viewer asks do you think that response from the u.s. and nato alliance would be different ukraine was a major exporter of oil and gas? >> might be. might be. i mean obviously george h.w. bush came to the aid of kuwait when a smaller power than russia -- iraq, saddam hussein s iraq invaded kuwait. that was 30 years ago, and it was a different global time. but remember theres a difference. russias a super power. it has nuclear weapons. once you start going in against...

>> sandra: we have been showing the stats, the growing dependency on russia in the united states for imports, cant say it enough. since 2017, definitely a different presidency, right, we were bringing in 11.5 million barrels and now its at 17.9 million barrels, 55% surge. charles, this is pretty obvious stuff. >> and self-inflicted wound, thats the most crazy part about it. of all the things the biden administration does not have to worry about, forget about a gas tax holiday, thats a gimmick, l...

Expanding our domestic energy production making is a net exporter for the first time and maybe 70 years. on top of that trump put sanctions on the pipeline it was a lifeline to russias economy germany nordstrom to and in other words trump projected strength. putin took note he didnt try anything when trump was there. neither did chinas dictator president xi or iran or little rocket man. now look what biden has projected only the actual substance actions not words has been a slow-motion surrender...

Russia, and putin himself, and cut off the wests dependence on his oil and energy? what exactly is stopping him? thats the one sanction that would be meaningful. here with reaction to the big news, former cia station chief hoffman, along with ohio congressman jim jordan. i, for the life of me, cannot understand why its off the table: increase in production of energy in this country, getting back to the energy independence biden inherited, being that exporter, and immediately helping out our nato...

Production making is a net exporter for the first time and maybe 70 years. on top of that trump put sanctions on the pipeline it was a lifeline to russias economy germany nordstrom to and in other words trump projected strength. putin took note he didnt try anything when trump was there. neither did chinas dictator president xi or iran or little rocket man. now look what biden has projected only the actual substance actions not words has been a slow-motion surrender to vladimir putin on his firs...

Barrel. and it is not far off at the moment. u.s. crude prices are already about $90 a barrel. russia is the second biggest exporter of oil and natural gas. and if it is a supply lines get disrupted, that could drive up the already high cost of living in the u.s. energy prices are a huge contributor to red hot inflation. making it more expensive to fill up a tank of gas. the average price per gallon is already more than $3.50, thats up 20 cents in the past month. and it will also cost more to he...

Thing that comes from ukraine. now, the other thing of course is energy, and you saw energy surge to $100 a barrel. this at 7, 8-year highs now. president biden vowing to ease some of the pain at the pump. this is not good when it comes to energy, thats the reality of it when you look at oil and gas and russia being impacted by severe sanctions. so what happens to gas prices in the u.s.? >> yeah, russia is the second largest producer -- exporter in the world behind saudi arabia. so its most like...

Going above $100 that will ultimately pretty quickly filter through to prices that we are paying at the pumps. as you point out, also, russia is a major exporter of natural gas, the biggest of the european union. in the a bit player to the uk but when those prices go up to the uk but when those prices go up it means well end up paying higher prices as well and as we all know, gas prices have gone up too. we not talking about home heating bills only. it affects all aspects of the economy and base...

U.s. intelligence officials have warned that cyber attacks could be a precursor for a military invasion. lester? >> richard engel in ukraine, thank you. we want to bring in now chief white house correspondent kristen welker. kristen, the president is warning a ukrainian invasion could also be costly to americans. what is he saying than? >> lester, that is right. if russia invades, the president has promised severe sanctions which is a major exporter of oil and gas. that means if the u.s. imposes...

About 10% of total u.s. energy imports. the concern has been securing an alternative source to make up for that without pushing fuel costs higher. republicans have largely pointed back to the keystone xl pipeline that was suspended by president biden last year. they think the resource that could have supported energy needs during a time like this. >> i recognize we are in a difficult position. but his choices the administrations choices when he first came into office and put us in this tenuous p...