Posted by Matt in December 27th, 2008 |
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World Today
Plan for ‘gas OPEC’ could tighten President Vladimir Putin’s grip on Europe’s gas supplies.
The advent of LNG may one day allow gas exporting countries, who gathered in Moscow last week to create a new organization, to act as a cartel along the lines of OPEC, holding sway over prices and supply, and thus consumers around [...]
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Posted by Matt in October 11th, 2008 |
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Wonder why Russia has Europe over a barrel? Ask German environmentalists.
Two decades of stringent environmental regulations have made Germany, Europe’s largest economy, increasingly dependent on natural gas from Russia, the world’s largest exporter. Of course, economic leverage translates seamlessly into political power, and Russia’s sway over German foreign policy has been conspicuous as the recent [...]
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