EB Video Block

Hello,

I am using ES to manage my video content that I import from youtube so that I can have a nice video section on my page. The issue I am having is that when I create a blog post, the video block will not allow me to link to a video link from my site, it will only allow me to upload an actual video file which I won't be able to manage due to HD capacity issues. There is also a youtube block that lets me enter a youtube link but then I need to do double the work (create video in ES using youtube link to add it to my video section and then again as a youtube block in EB for the same video).

Is it not possible to use links from your own site as embedded videos in EB?

Thanks