Russian oil

The perfect storm began last year when the US went from energy independent to energy dependent. Meanwhile Germany has closed down all but three of its 26 nuclear power plants and the last three will close this year. The US no longer objects to the new gas pipeline from Russia to Germany. The price of oil has doubled in the past year and the price of natural gas to Russia's biggest customer, Europe, has quadrupled. Putin has amassed a large capital reserve so he is less vulnerable to economic sanctions and has developed a relationship with China to sell record amount of oil to China. Russia is supplying more oil to the U.S. than any other foreign producer aside from Canada as American refiners scour the globe for gasoline-rich feedstocks to feed surging motor-fuel demand. Gas Prices Hit Record High on Russian Supply Squeeze. Would it be wise for the US to crank up oil production to bring down the price and stop buying oil from Russia. Would it be wise for Europe to start buying natural gas from the US instead of Russia. Would it be wise for the US to increase production of natural gas to lower the world price helping US consumers along with those in Europe. Is it time to change our energy strategy?