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To: thackney

I think this makes the entire concept of sanctions look foolish. So, it’s the Obama Admin that takes the hit.

I don’t believe the Russians agreed to an all-time static price. I’m sure it has provisions for inflation, change in the market, etc.

And in the end, any pipeline on their land is their pipeline.


20 posted on 05/23/2014 10:15:36 AM PDT by xzins ( Retired Army Chaplain and Proud of It! Those who truly support our troops pray for victory!)
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To: xzins

Typically, these long term deals are a function from an index, like “price at henry hub” minus 10%.


21 posted on 05/23/2014 10:17:53 AM PDT by thackney (life is fragile, handle with prayer)
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