Gazprom is the largest gas exporting company in the world. Russia offers Europe cheap and plentiful gas that can be piped West.
America has nothing like Gazprom and ending European dependence on Russian gas will take years to happen.
So, 15 years from now we’ll really make Putin regret what he’s doing now....IF we start building pipelines now. Am I hearing you right?
It almost makes you wonder if the brainiacs coming up with these ideas shouldn’t spend a few days on Free Republic getting their clocks cleaned.
Yes. Liquifying natural gas is expensive. Advantage: Russia.
Gazprom will soon be broke, high production cost and competition from Norway http://rt.com/business/russia-norway-gaz-europe-178/ and ME
check OGZPY for Gazprom http://finance.yahoo.com/q?s=OGZPY and RTS for Moscow index http://finance.yahoo.com/q?s=RTS.RS for the last few weeks.
and some graphs from a few days ago
http://www.bloomberg.com/infographics/2014-03-07/putin-debt-to-equity-hit-on-crimea-seizure.html