Somewhere in the summer of 2013, you could sense that the Obama fan wagan in Germany had run out of steam. The speech at Berlin? German journalists called it simply unimpressive. The NSA scandal? Merkel called and had a brief chat after it blew up, and the general description she had after the the conversation....was that he’s ‘lost’ on events and unable to comprehend anything until he’s told what to say.
The current crisis? Germany gets roughly a quarter of it’s natural gas from Russia. If this gets cut off, then what? Maybe they could get more from Norway, and maybe they could frack (if the regulations didn’t stop them). But counting on the US for anything from now to 2016? Zero.
As for the source of this article? RT? Zero worth. They get paid by the Russian gov’t, so they slant every article. There’s going to be sanctions....that you can bet on, and Germans will be furious come November when natural gas prices have soared by twenty to thirty percent over last year.
Merkel called and had a brief chat after it blew up, and the general description she had after the the conversation....was that hes lost on events and unable to comprehend anything until hes told what to say
That’s a money quote.
I can’t see Germany going along with a natural gas spike of 30% plus. Their economy, although the most powerful in Europe, would suffer.