S. Hrg. 108-116: U.S. Energy Security: Russia and the Caspian: Hearing before the Subcommittee on International Economic Policy, Export and Trade Promotion of the Committee on Foreign Relations, United States Senate, One Hundred Eighth Congress, First Session, April 30, 2003 [open pdf - 691KB]
Our dependence on imported crude oil creates potential vulnerabilities to our economy with implications for America's national security. Because energy independence is not achievable in the near term, America needs a comprehensive energy policy that recognizes the realities of our inter-connected world. This hearing examines how development of energy resources in Russia and the Caspian Sea region and the availability of those resources might affect U.S. national energy security strategy. As we consider how best to realize the Caspian's potential, we must focus on more than just production and reserves, pipelines and infrastructure. We must take into account the political and geopolitical realities in the region. The future of both Iran and the U.S.-Iranian relationship will also influence the Caspian region's energy development. Encouraging, financing, and building export pipeline routes can contribute to regional economic integration and stability. But the Caspian countries must complement their economic development with progress toward political reform, rule of law, and human rights. Statements, letters, and material submitted for the record include those of the following: Anna Borg, Edward Chow, Leonard L. Coburn, Chuck Hagel, Julia Nanay, and Andrew Somers.
S. Hrg. 108-116; Senate Hearing 108-116