Time for the U.S. to start exporting massive amounts of Natural gas. Russia is playing with an old deck.
If Europe stuck with it and endured the hardship that would be involved they’d win an all out trade war hands down.The USSR 2.0 is a Fourth World country with nukes and oil.
Related info:
As Europe braces for Russian gas cuts, some traders bet on peace
http://www.reuters.com/article/2014/09/09/us-ukraine-crisis-gas-europe-idUSKBN0H41ER20140909
State-controlled Russian gas giant Gazprom meets around one third of Europe’s gas demand, worth some $80 billion a year, and it sends almost half of these supplies through Ukraine.
Some traders have steadily bid up winter gas prices on fears of a sudden halt in Russian gas deliveries, which would trigger price spikes and in southeast Europe most likely power and heating outages.
The sense of urgency is so great that authorities across the region are preparing contingency plans that include forcing industry to stop using gas in order to protect households.
Gas prices for delivery during the winter at European trading hubs such as Britain’s National Balancing Point (NBP) have rallied over 8 percent since July, while consultancy Energy Aspects predicts a doubling of gas prices if Ukrainian transit flows are cut.
With markets and governments preparing for the worst, some traders are betting on the opposite, expecting Russian gas to continue to flow, resulting in a market that could be oversupplied especially because stored reserves are so high.
excerpted for Reuters content
Surely no one in the EU is surprised by this move.
Sanctions halted:
European markets fell Tuesday amid geopolitical jitters after ...”EU governments abruptly halted new sanctions against Russia”.... to assess the latest Ukraine cease-fire.
http://www.thestreet.com/story/12869595/1/european-stocks-fall-as-eu-halts-new-russia-sanctions.html
The real threat isn't Putin. It's that Europe is being over-run by Muslims who don't like them. Is saving the Kiev gov really worth risking the resources they need and being over-run from the east?
Why EU and US economic-jackasses think sanctions will accomplish anything positive or change Russia's behavior one bit is at first glance a bit of a mystery.
However, economic-jackasses by definition are going to do stupid things, so we should expect more and more of the same failed tactics.
During the Vietnam war combat troops used to fear the words "zips in the wire" which means "the enemy has infiltrated our perimeter".So now I'll warn everyone on this thread that *we* have at least one zip in the wire...you.
What's it like being a Putinista? Is it how muscular Vlad looks without a shirt that makes you swoon?