Implications Of Russia’s Invasion Felt In SWPA

The current Russian invasion of Ukraine has many implications for domestic energy providers here in Southwestern Pennsylvania. Daniel Weaver, who serves as the President and Executive Director of the Pennsylvania Independent Oil and Gas Association, spoke during a webinar on the situation Wednesday through W&J’s Center for Energy Policy and Management. Weaver says that policies both globally and domestically give U.S. natural gas companies issues exporting their product globally. Weaver explained shut down pipelines, capped wells, and policies like the Jones Act keep American companies from easily exporting liquefied natural gas. Weaver worries that sanctions placed on Russia’s supplies will disrupt the markets, and it could take the rest of the year to implement America’s supply worldwide, but is confident that it will eventually happen, likely by the end of 2022.