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http://www.voanews.com/content/russia-china-gas-deal-one-digit-away-gazprom/1916648.html
Given the smallest opportunity our energy companies will use to raise prices, I'm a little worried my future winter bills can be affected.
Now I don't give a shait who wins political battle in Ukraine, be it russian Ivan or american Bill all I care is affordable energy price to most families like mine.
I understand Gazprom makes most profit from EU, but given Political posturing it looks like russians divert their attention to China.
Can Quatar, Nigeria, Algeria etc replace russian gas to EU without affecting gas prices? I guess its silly for russians to leave EU market, since EU have plenty of dollars. But man, future doesn't look bright.
Now I don't give a shait who wins political battle in Ukraine, be it russian Ivan or american Bill all I care is affordable energy price to most families like mine.
In that case do everything in your power to isolate yourself from the energy market.
Insulation, efficiency, alternative sources of power. Unless you find a nice big gas reserve under your house or build a fusion reactor you will be at the mercy of those who get the stuff out of the ground.
Failing that convince the rest of the country to get on with building nuclear reactors and wind turbines much quicker.
Now I don't give a shait who wins political battle in Ukraine, be it russian Ivan or american Bill all I care is affordable energy price to most families like mine.
Good news: we've decided to take the same attitude as you.
Bad news: we've decided to burn your house down to keep the rest of us warm.
Gazprom is looking east because long term demand growth just isn't happening in Europe whereas in China it very much is. Plus there is a lot of gas around especially since the US shale revolution and with new Aussie LNG projects coming on soon. Europe will still be dependent on Russian gas for the foreseeable future but the European gas marketplace is becoming increasingly crowded and (at least up until Ukraine) Russia was looking at losing some market leverage. Could mean softer wholesale prices rather than price increases.