America does have oil reserves, but they are not enough to… I mean, if we’ve sold all of our oil reserves, it’s not enough to have any kind of significant effect on the world oil market. It might make the market go down for a day or weeks, or two weeks, even. But, then the markets it’s going to go back before, and the market may even go back more, because then America would have sold its oil reserves, and we wouldn’t have anything in reserve, so… again, you have to ask him, I don’t know, but that doesn’t seem like a very viable solution to me.
It would take a long time for America in order to get natural gas from America to Europe. You don’t just sort of snap your fingers and do that. You don’t just put in on a boat or plane, you’ve got to have special ports on both sides, you’ve got to have special ships, and you’ve got to have natural gas in the right place. Yeah, it could happen someday, but some day is a long time away, and if Russia stops selling natural gas to Europe – that’s going to hurt Europe for several years until American gas can come, and that if we presume and suppose that there is enough American natural gas to ship to Europe. Europe uses a lot of natural gas, and America at the moment seems to have surplus of a natural gas - will they have a surplus in five years? I don’t know. Will we have enough to supply Europe gas for many years? I doubt it.
- Jim Rogers via Russia Today