While Western Europe welcomed VP Biden and Secretary Clinton's announcement for a new and more open engagement of Russia, Ariel Cohen of the Heritage Foundation thinks that America should not push the reset button yet.
Dr. Cohen is concerned about Russia's Revisionist Foreign Policy. He argues that Obama administration "must raise the profile of Russian, Eurasian, and Caspian affairs on the U.S. foreign policy agenda," because "Russia is and will remain one of the most significant foreign policy challenges."
Russia strives to dominate Europe, particularly Eastern and Central Europe, including Germany, through its quasi-monopolistic gas supply and its significant share of the oil market and of other strategic resources. (...) Russian energy giant Gazprom has been on a shopping spree, acquiring European energy assets. Europe is projected to be dependent on Russia for over 60 percent of its gas consumption by 2030, with some countries already 100 percent dependent on Gazprom. Russia has shown a willingness to use this dependency and its energy influence as a tool of foreign policy, shutting down or threatening to shut down the flow of gas to countries perceived to be acting against Moscow's interest, as in the cases of Ukraine, Georgia, and Azerbaijan.
German policy makers are considerably less concerned about dependence on Russia gas and argue that Russia needs trade with us at least as much. Perhaps they are naive. Or the Heritage expert still has a Cold War mindset. Or it is a mix of both.
I mistrust the Russian government and I am concerned about Russia's foreign policy, but believe that a new engagement (pushing the reset button) will serve us better than Cold War rhetoric. We need to work with Russia on common challenges (nuclear disarmament, sanctions on Iran, proliferation in general, Afghanistan, transport routes to Afghanistan etc) and should avoid for now unnecessary confrontations over missile defense and further NATO enlargement for Georgia and Ukraine, which are not ready yet anyway and who would not contribute to our collective defense.
In my humble opinion, Obama is on the right track. Europeans, however, still have to do their homework: We need to reduce our energy dependence on Russia and we need to a joint EU position on Russia, i.e. need to find consensus among Western and Eastern EU members. Russia will only respect a strong and united EU.