Ban Russian Energy Imports Act

By FOTOGRIN @ Shutterstock.com

(Reportedly) Sens. Joe Manchin and Lisa Murkowski introduced on Monday the “Ban Russian Energy Imports Act.” The act, seemingly as straightforward as its title says, has the backing of at least 16 other Democratic and Republican senators.

From Sen. Bob Menendez (chair of the Foreign Relations Committee):

(Democrat Menendez) “strongly oppose[s] any action that fills the pockets of regime oligarchs with oil profits while Maduro continues to deprive Venezuelans of basic human rights, freedoms, and even food.”

Crank Up Unconventional Oil Production

From Ben Cahill, a senior fellow in CSIS’s Energy Security and Climate Change Program—has a simple option:

  • talk to domestic producers, encourage them to ramp up investment
  • talk to investors
  • talk to the banks and asset managers
  • try to crank up unconventional production in the United States as fast as you can

That’s the most flexible, responsive source of supply in the world.

Asks Mr. Cahill, Why go to Venezuela when you can do this at home?

If you’re willing to fight for Main Street America, click here to sign up for the Richardcyoung.com free weekly email.

Previous articlePREP: Middle East Braces for Food Price Surges
Next articlePAUL: The Russia-Ukraine War Is the New COVID-19
Debbie Young
Debbie, our chief political writer of Richardcyoung.com, is also our chief domestic affairs writer, a contributing writer on Eastern Europe and Paris and Burgundy, France. She has been associate editor of Dick Young’s investment strategy reports for over five decades. Debbie lives in Key West, Florida, and Newport, Rhode Island, and travels extensively in Paris and Burgundy, France, cooking on her AGA Cooker, and practicing yoga. Debbie has completed the 200-hour Krama Yoga teacher training program taught by Master Instructor Ruslan Kleytman. Debbie is a strong supporting member of the NRA.