A recent study was published by CBS News associates according to which 61% of Americans do not think that America should be involved in the current political situation between Russia and Ukraine and Crimea (Dutton et al. pg1). I want to encourage all Americans to not only be concerned about the evolving situation in Ukraine and Crimea, but also about how it affects America and the rest of the world financially and how this could threaten the security of other countries around the world. .“Meanwhile, the United States remains the world's largest consumer and importer of oil. This year the United States will import about 60 percent of the oil it burns, and the US Energy Information Administration expects foreign dependence to rise to about 70 percent in 2010.” (Victor pg1) Like many other conflicts in recent history, what the occupation of Crimea really boils down to is debt and oil. Well, oil, natural gas and coal, to be more precise, oil and gas accounts for two-fifths of Russian exports and it is the largest oil producer in the world. Fossil fuels are an abundant source that Russia has traded with its Eastern European neighbors and the rest of the world through Ukrainian naval ports for decades. Russia has done this without regulation and its sources can be developed without the constraint of production quotas, guarantees and other fair trade rules and standards since Russia is not a member of OPEC. 2002 – some of them are symbolically purchased as part of the US government's effort to increase its Strategic Petroleum Reserve (SPR). Furthermore, four Russian oil companies are preparing a major new port in Murmansk as a par...... middle of paper ......r those who maintain their neutrality in times of moral crisis.” Labor quoted Dutton , Sarah. “Poll: Most say US has no responsibility in Ukraine.” CBSNews. CBS Interactive and Web. March 27, 2014.Martora, Kimberly. "Punishment of Crimea". Global. Foreign Affairs and Web. 27 March 2014.Umland, Andreas. Russia's new "special path" after the Orange Revolution. Np: np, nd Russian politics and law. November/December 2012, vol. 50 Issue 6, P19-40. 22p. 1 chart, 2 charts, November-December. 2012. E-BookVictor, David G. and Nadejda M. Victor. Oil axis? Number 2 ed. vol. 82. Np: np, nd P47-61. 15p. 2 graphs. Foreign Affairs, March-April. 2003. E-Book D'Anieri, Paul J. Economic Interdependence in Ukrainian-Russian Relations, SUNY Series in Global Politics. Albany. Np: np, 1999. State University of New York Press. Electronic book
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