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re: using natural gas to hurt russia
Posted on 3/5/14 at 8:51 am to TigerPride10
Posted on 3/5/14 at 8:51 am to TigerPride10
quote:
If Ukraine is having trouble paying its bill for cheap natural gas from Russia, how is it going to pay for LNG shipped halfway around the world?
Not necessarily Ukraine. This would be more beneficial for Germany, which is going to need some big incentives to back any economic measures that harm Russia's gas exports.
IMO, this not only helps Ukraine but also the rest of europe. According to the ppl on CNN the last few days unless we send in the troops (which we are not) this is going to more than likely be a long drawn out situation. Russia's economy is driven on natural gas and oil with their main customers being europe. If we started exporting NG than the price would fall and that would hurt russia' economy similar to what Reagan did in the 80's.
Posted on 3/5/14 at 10:40 am to willthezombie
quote:
If we started exporting NG than the price would fall and that would hurt russia' economy similar to what Reagan did in the 80's.
Hey, don't you know it was Harry Truman who brought down the USSR?
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