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Putin Is Onto Us

Thomas L. Friedman writes about Putin’s energy war for The New York Times.

The C3 Take
  • Putin is hoping to leverage Europe’s need for energy and America’s desire to lower costs to win the war in Ukraine.
  • President Biden’s decision to tap the Strategic Petroleum Reserve is especially dangerous as it hurts our ability to counter Putin and shield us from future price shocks.
  • Western nations can respond to Putin by embracing an all of the above energy strategy and investing in next generation innovation.

“If Biden wants America to be the arsenal of democracy to protect us and our democratic allies — and not leave us begging Saudi Arabia, Russia, Venezuela or Iran to produce more oil and gas — we need a robust energy arsenal as much as a military one. Because we are in an energy war! Biden needs to make a major speech, making clear that for the foreseeable future, we need more of every kind of energy we have.”

Read the full article here.

The views and opinions expressed are those of the author’s and do not necessarily reflect the official policy or position of C3.

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