Irresponsible - and false - scaremongering on the FT's front page | 56 comments (56 topical, editorial, 0 hidden)

Re: False - but necessary scaremongering? (none / 0)

No, but when Gazprom threatened EU gas supply stability as a result of the Centrica bush with the UK, I thought to myself that we should think of the existing long-term gas contracts as buying the EU time to wean itself off gas.

Without making any judgements about Russia or the Russians, Russia is a distinct [neighbouring, related] geostrategic pole from the EU and is beginning to use gas and oil for political leverage.

A society committed to the notion that government is always bad will have bad government. And it doesn't have to be that way. — Paul Krugman

by Carrie (migeru at eurotrib dot com) on Tue Apr 25th, 2006 at 06:09:26 AM EST
[ Parent ]

Re: False - but necessary scaremongering? (none / 0)

No, but when Gazprom threatened EU gas supply stability as a result of the Centrica bush with the UK

This threat was mainly the result of Gazprom's frustration, as I believe Jerome has already mentioned, of the UK not playing by the rules.

That's my main point here at ET - there seems to be a different set of rules applied to Russia. And these rules appear to change magically, and abruptly, to suit Europe's interests at the time.

The EU uses trade for political leverage. How is using one's natural resources any different or worse, as you seem to imply?

by slaboymni on Tue Apr 25th, 2006 at 08:51:46 AM EST
[ Parent ]

Re: False - but necessary scaremongering? (none / 0)

So the EU found itself in the crossfire between Russia and the UK, which is exactly what my comment was about. And I'm not saying Russia using its resources for political leverage is wrong, I'm just saying that I'm not sure the EU wants to be on the receiving end of that leverage.

A society committed to the notion that government is always bad will have bad government. And it doesn't have to be that way. — Paul Krugman

by Carrie (migeru at eurotrib dot com) on Tue Apr 25th, 2006 at 09:01:27 AM EST
[ Parent ]

Irresponsible - and false - scaremongering on the FT's front page | 56 comments (56 topical, 0 editorial, 0 hidden)

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