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Negotiations over gas prices between Russia and Ukraine unraveled Wednesday and executives at Gazprom, the Russian natural gas monopoly, said they were preparing to halt supplies early Thursday morning.
If they do, customers in Western Europe will see shortages as the same pipelines in Ukraine are used for export and internal distribution. It is a problem that has bedeviled Europe's energy supplies from Russia for years.
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Now Russia can play the spot market
I wouldn't pay $250 for 1,000 cubicmeters either.
Putin wants to rule the world, sort of like that other "short" leader, Napolean.
He's defensive cause he doesn't like being ignored, and still thinks that strong arm tactics like this work best.
and Sarkozy too. There should be a law against short guys being in politics, they're all trying to get revenge for their childhoods.
It's pathetic, "Look at me! I'm a big shot!"
Another easily forseen and thus avoidable consequence of Bush's myopic foreign policy. German Chancellor Merkel was not too keen on poking the bear with Nato membership offers to Ukraine and Georgia, and HERE'S WHY.
Bull in European china shop meets bear in said china shop: Chaos ensues.
Who cares? Wind and solar is all you need.
You must be smoking something if you believe that. I recommend you do a little research on the internet about energy.
By all means, just what we need another international crisis...!
Happy New Year....
Expect more talk of bringing former eastern block countries into NATO.
It's little wonder that Europe is miles ahead of the U. S. in alternative energy research and production. It's becoming a matter of life or death with unstable energy suppliers like Russia and the Middle East.
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New York Times | ANDREW E. KRAMER | December 31, 2008 03:02 PM