A little over a year ago, the United States government banned the importation of Russian crude, petroleum, oils and products of their distillation, LNG coal and coal products. Whereas the United States was nowhere near as dependent on Russian energy commodities compared to the average European nation, it still imported a significant amount of crude, petroleum and unfinished oils, making the task of replacing those supplies in short notice a challenge for energy companies. Indeed, Russia’s U.S. footprint had been steadily growing in…
