I don't believe Russia can afford to not sell the gas. They are taking a beating already in the prices of Nat Gas and Oil.
“I don’t believe Russia can afford to not sell the gas. They are taking a beating already in the prices of Nat Gas and Oil. “
Since both countries are loosers, it works for me if they continue to screw with eachother. If we didn’t have a Muslim President, this whole situation would be over rather quickly.
So the Russians will take a beating on the price of natural gas and petroleum products. They will make it all up on volume....
Western Europe is still buying, because, after all, where else can they go?
Incidentally, all this conflict kind of shoots the whole “global warming” meme right in the head. Warfare is notoriously bad for environmental pollution, and in ways not confined to mere “carbon release”.
Look up the battlegrounds in the wars between France and Germany, and see what the repeated destruction of the Ardennes forest had on the long-time environmental impact.
Pipelines seem almost innocuous in comparison.
I saw a report recently Russia is setting up gas sales to China. If it works, they (Chinese) will be a less troublesome customer than the Turks.