I've been vacillating on this topic...
On the one hand the US is the world's largest NG producer, everyone is talking about the price of Oil right now, but the gas differential between the US and Europe, which has always been huge, especially when looking at WTI v. BRENT is nothing compared to Gas.
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I think from a geopolitical perspective we should have invested in east coast terminals, and permitted/built the Dominion lines out of the Marcellus 5 years ago.
On the flip side I wonder if a strong economic relationship between Russia and Europe is actually a good thing. Do we really want Russia to be behind an iron curtain, is economic isolation a good thing? Isn't that one of the things that liberalized the USSR, increased trade and economics... to that end China as well?
Perestroika... anyone?
Isn't the fact that we can even try sanctions, and have them even have a chance, a product of strong economic ties?
Isn't true that the real reason we likely won't go to war with China anytime soon the fact that we by 1/2 a trillion $s a year of goods from them, not just that we both have nukes?
I don't have an answer...