I was NOT talking about affordability but ONLY practicability. Even with the whole world’s fleet of LPGs, I don’t think they could meet the demands. If it could then the affordability would be lost, ship-owners’ freight rate would sky rocket.
Putin is far smarter than given credit for, he’s learned what Capitalism really is, and using it as a win-win situation for the Russian economy and Europe’s willingness to buy from him.
Soebarkah is getting a Pinocchio nose every day. In Syria particular as well as now in Iraq. And they have been very, VERY quietly lately talking about MH17. Apparently Putin has the pudding of different proofs out from the oven.
The Cairo speech has set the whole middle east on fire and total chaos!!! And it possible will be the same here in a not to distant future???
I have no doubt of that. Is freedom worth building a fleet?
If it could then the affordability would be lost, ship-owners’ freight rate would sky rocket.
Until more ships were built.
Putin is far smarter than given credit for, he’s learned what Capitalism really is, and using it as a win-win situation for the Russian economy and Europe’s willingness to buy from him.
Building a war machine requires a cash flow. Reagan killed that cash flow by deregulating oil here in the US. Hence the "collapse" of the Soviet Union.
I wish to add that because of the demand inelasticity in energy markets, it would not take that much marginal production and delivery to reduce Mr. Putin’s leverage significantly. One does not have to replace the entire supply to impact Russian revenues drastically.