[Chad_the_Impaler]

We don’t know that. The gas price is “Secret”. Oil is supposedly at “the World Price”.

Without knowing the exact details of the agreement, it appears the concerns about Russian caving to China on price were justified. Even if the entire $400 billion goes only to paying for the natural gas, Gazprom will still be selling China natural gas at a lower price than it currently charges Europe.

[tcrlaf]

Once the pipeline system is in place, the cost of delivery will go down dramatically. The volumes we are talking about here are HUGE.

This is why anybody with a brain knows how important the Keystone Pipeline is. Moving undistilled oil long distance by train is simply STUPID, but Obama’s buddy Buffet is making tons of money off of it.