The U.S. Can Help Heat Europe
Payne Institute Program Manager Brad Handler and Director Morgan Bazilian write about how Russia’s invasion of Ukraine has led to calls for the U.S. to make a war time expansion of its hydrocarbon production. The idea is to help ease prices and to support energy security and energy diversification for Europe. Certainly, some of these calls belie a narrow commercial self-interest, while others are directed at supporting our allies. Importantly, and despite some of the rhetoric, the U.S. government isn’t standing in the way of industry growth. Still, the government can and should help ease the industry’s path to higher LNG production to help support European energy—and in particular, heating. March 10, 2022.