U.S. Markets closed

Senate's Murkowski Says Russia Using Energy Assets as Political Lever

Sen. Lisa Murkowski (R., Alaska) tells TheStreet's Joe Deaux in Houston that Russia's movement into Ukraine demonstrates how Russia has used its energy assets as a political lever. Murkowski says lifting the ban on U.S oil exports perhaps would prevent Europe from being reliant on one energy source. The senator suggests that a U.S. crude oil presence in Europe could help during conflicts, and adds that how the U.S. uses its energy assets could provide for a level of political stability.