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  1. Russia CANNOT sell its energy elsewhere. There is no infrastructure to do so. And there won't be for a long while. And the oil or gas that might go to China would never go to Europe anyway.

  2. Europe could do without Russian energy supplies if it had an energy policy other than "give me all your gas quick and cheap". We might stop building gas-fired plants, we might start focusing on energy savings, etc... Obviously, we don't do it, but we could.


In the long run, we're all dead. John Maynard Keynes
by Jerome a Paris (etg@eurotrib.com) on Wed Dec 19th, 2007 at 05:21:44 PM EST
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