Well Jerome.. One question.
How much reserves does Russia have? How many years can they supply Europe and Russia at the present consumption level?
Gas normally has a very sharp inmediate decline.. so is there any guess about it? Could gas be the fuel of transition for cars if no gas is used for electric generation (we will leave nuclear, coal and wind for it)? This is, how many year of reserves has Russia has in terms of tep.. or in other way, can it supply 50% of the present European energy consumption in gasoline for twenty years?
Well a subject for your next great diary.....that we always love.
A pleasure I therefore claim to show, not how men think in myths, but how myths operate in men's minds without their being aware of the fact. Levi-Strauss, Claude
At current production levels, they have more than 60 years of production. Europe only gets 20% of that production. Even if production and exports increase to some extent, I seriously doubt that any energy crisis will be tirggered first by lack of gas from Russia. In the long run, we're all dead. John Maynard Keynes
