Sunday, May 27, 2018

Collusion: American environmental groups and Russia!

Walter Williams writes at The Daily Wire,
Robert Mueller's investigation into whether President Donald Trump and the Russians colluded to rig the 2016 presidential election so far has borne little fruit. The Democrats and their media allies would love to find some Russian collusion and interference. I can help them discover some, but I doubt that they will show much interest. Here it goes.

...A U.S. House Science, Space and Technology Committee report, titled "Russian Attempts to Influence U.S. Domestic Energy Markets by Exploiting Social Media," details that the environmental groups used the Russian money to protest the process of fracking and fight the building of the Keystone XL pipeline. If environmentalists can thwart U.S. oil production, Russia, which is a major energy supplier to Europe, stands to gain greater economic and political power.

Russia is also a major supplier of natural gas to all of Europe. U.S. natural gas producers long wished to export some of their product to Europe and Japan to take advantage of higher prices. But up until 2016, they were blocked by natural gas export restrictions. In the case of natural gas, the Russians didn't have to bribe environmentalists to do their dirty work. They had willing support from U.S. industrial giants such as Dow, Alcoa, Celanese and Nucor, members of America's Energy Advantage. These U.S. companies lobbied against natural gas exports, saying that it would be unpatriotic to allow unlimited natural gas exports. Export restrictions kept natural gas prices artificially low and gave U.S. manufacturing companies a raw material advantage. The lifting of export restrictions has raised natural gas prices in the U.S. but lowered them in the recipient countries and weakened Russia's economic and political hold on Europe. In my book, that's a good thing.
Read more here.

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