
 Columbia Energy Exchange What's Next for America's Energy Policy?
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 Jan 21, 2025  Frank Fannon, founder of Fannon Global Advisors and former Assistant Secretary of State for Energy Resources, sheds light on upcoming shifts in America's energy policy under a possible second Trump administration. He discusses the balancing act between energy security and climate initiatives amid global tensions like the U.S.-China trade war. Fannon emphasizes the role of energy diplomacy and the historical context shaping U.S. energy independence, as well as the implications of domestic policies on international relations and climate agreements. 
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US Energy Independence & Diplomacy
- Increased US energy production changed global energy dynamics.
 - This reduces reliance on energy imports and offers more diplomatic options.
 
Germany's Dependence on Russian Gas
- Germany's dependence on Russian gas illustrates energy reliance risks.
 - This dependence influenced Germany's political and security decisions.
 
Sanctions and Oil Prices
- Annual US production growth facilitated oil sanctions without major price hikes.
 - This was possible because rising US production offset the sanctioned oil.
 
