Many in the United States and among our foreign allies are deeply disappointed by President Trump’s retreat from global leadership. What is equally depressing is how the administration stands to squander an enormous and steadily growing source of geopolitical clout if it does not figure out how to manage U.S. energy abundance wisely.
Recent data from the Paris-based International Energy Agency (IEA) projects that the United States’ vast natural gas production capacity, and its growing role as an overseas gas exporter, can compete with all of the major global players in as little as five years. U.S. natural gas sales will shake up fundamental trading patterns and market pricing for this energy commodity. They will also undermine the clout of countries like Russia and Qatar, known for their natural gas abundance and their notorious capacity to stir up regional conflict.
Read the full piece in The National Interest.
More from CNAS
CommentaryEconomic defence alliances may help deter economic warfare
China is also using its economic power to achieve geopolitical ends through the threat and execution of unilateral, punitive tariffs and other coercive methods....
By Anthony Vinci
CommentarySharper: National Security's Next Generation
The need to amplify new and diverse voices in national security policymaking has never been clearer....
By Chris Estep, Ainikki Riikonen & Cole Stevens
CommentaryWarning from Australia: Meet the Threat of Chinese Economic Coercion to Democracy
China is strengthening the coercive tools at its disposal and working to perfect their use against democracies....
By Megan Ophel
ReportsSanctions by the Numbers
The U.S. government has used a variety of coercive economic measures to combat the North Korean security threat....
By Jason Bartlett & Francis Shin