During OPEC’s oil embargo in the 1970s, America learned what happens when a reliance on foreign energy meets geopolitics. Today the situation in my country — Ukraine — is even more serious. Our energy policy has long been linked with politics, and our dependence on Russian energy supplies has left us vulnerable to political blackmailing. Achieving energy independence is not just a matter of Ukraine’s economic viability; it is also a matter of national security, sovereignty, and survival as a state.
The Ukrainian economy runs on natural gas. Some 40 percent of the country’s energy consumption comes from natural gas, with …read more
Source: The Huffington Post
