“Up until the Biden Administration took over, we were energy secure, no longer dependent upon Middle East oil. The shale gas revolution enabled U.S. energy to be even less expensive and more reliable. Now, we find ourselves in a very different place, just 8 months later."
President Biden waived congressionally mandated sanctions on Nord Stream 2 A.G., which is the company overseeing the pipeline construction.
“CAATSA Section 228 requires sanctions on any person engaged in evading sanctions on behalf of a separately-sanctioned Russian entity. There is overwhelming evidence that NS2 AG meets the statutory requirement for being sanctioned.”
Biden mostly paid lip service to Ukraine's security and then pivoted to tired, partisan rhetoric about climate change and green energy. This is the stuff of university faculty lounges, not the real world.
Shortly after cancelling the Keystone XL Pipeline, Biden backed a waiver to allow Russia to build a pipeline creating 51,000 energy jobs in Russia.
"Biden has insisted on giving a multi-billion dollar gift benefiting Russia, hurting America, and hurting our national security interests"
Biden’s capitulation on Nord Stream, despite bipartisan opposition to the pipeline in Congress and among numerous allies, undercuts the Biden administration’s talk of ‘rebuilding alliances’ and sends a red-letter message of weakness to our adversaries.