Monday, December 04, 2006

Brussels Journal: The Bear Sets A Trap

This is very important news. It is never a good idea to give Russia any sort of leverage. They tend to use it. Europe is in Russia's claws now. Let's hope the bear doesn't get hungry. Over at the Brussels Journal:

Have you noticed New York residents do not fear a cutoff of their natural gas supplies because of a potential political or economic dispute with Texas? But envision a scenario where the State of Texas owned all of the natural gas in that state and the distribution network to other states, and where the governor of Texas decided to ignore pre-existing contracts in order to force New Yorkers to pay more for their gas since they were totally dependent on the Texas monopoly.

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