in a stuff spot. president biden pledging to use every tool. those tools are limited. they can release from spigots or release oil from stockpiles or a regular gas tax holiday. boris, christi. christine romans, thanks so much. it s been ten years since unarmed teenager trayvon martin was shot and killed while walking home from a convenience store. next, how his fight inspired a fight for justice and the legacy he leaves behind.
entire banking from the swiss messaging system. cutting off russian exports of oil and gas which will come at significant price obviously come up at american consumers as well as european countries in particular that are so pendant on russian gas. that s what will actually cripple the russian economy. that s an absolutely necessary step so i think tonight in the state of the union with the president really does need at this same time it chuckles russian oil and gas, he has to unleash american oil and gas and have a new energy security policy for the united states and the world. trace: that s my next question, it s a two-part question because you have to cut off the oil coming out of russia and gas and open up the spigots here because as you would advise anybody, energy security is in
moving closer to an attack position. charles: how likely is it comes down to nord stream 2 and the president made to turn off the spigots so to speak and so far not really strong commitment by germany to allow that to happen? i have other information from taking to german officials. first of all, nord stream 2 is not online right now. the germans have said behind the scenes that if russia invades ukraine, nord stream 2 will no go forward. we ve heard that from president biden as well. i ve heard that from german officials that know what their chancellor said here in washington and also in russia. so i think right now nord stream 2 is one part of a very vast array of sanctions that will be very different from those in the past. if putin moves in to ukraine, this will change the map of europe for the first time in a serious way since the end of the
make sure we have partners in this program of punishment and sanctions and the nord stream 2 gas pipeline which was just canceled by the germans. we have verified that cancellation. it was a huge win. germany did not want to do that. that s a major loss for russia. there is a sanctions are meant to deter. there was diplomacy underway. constant engagement with russia and at the end of the day vladimir putin just seems to be hell-bent on what he s doing right now. we are going to see sanctions go into heart effect and it s going to be a longer-term program. for that we need our allies and i think we have them throughout this whole process. i want to go back to the nord stream 2 pipeline for a second. there s a couple things, it s already built. we know that. waiting for the spigots to be turned on. not operational. trace: that wasn t going to happen until later this year.
fracking resources instead of blaming the oil business, which is what president biden did yesterday, if we simply said turn this spigots on full throttle, okay? that s oil, we are holding down at 11 million barrels a day plus. we were at over 13 million barrels a day before biden. we could get to 15 million barrels a day within two years. with respect to helping europe, we can help them not for a short period of time i beg to disagree, a long period of time because our liquid natural gas is the cheapest and highest quality. we can export tons and tons more of that if we so choose. but right now the administration s regulatory apparatus is stopping all leasing sales on federal lands and it is also stopping the licenses and authorizations for