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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: tejek who wrote (320198)	1/11/2007 6:21:53 PM
From: Road Walker	Respond to of 1574262

re: I find it incredible that Europe has compromised itself in that way. We are in the same boat... maybe not as directly but as effectively.

To: tejek who wrote (320198)	1/12/2007 4:43:04 AM
From: GUSTAVE JAEGER	Read Replies (1) \| Respond to of 1574262

Re: Europe is held hostage to Russia which can turn off its oil and NG to Europe in a moment's notice. I find it incredible that Europe has compromised itself in that way. eubusiness.com Excerpt: Consumers in the 25-member European Union relied on natural gas for 23.7 percent of their energy needs in 2004, according to Eurogas, with consumption estimated at 1,182.6 million tonnes of oil equivalent. Oil represented 44.2 percent and electricity 19.6 percent. Gas consumed in Europe comes from the following sources, according to the data from Eurogas for 2005: - The European Union (mainly Britain and the Netherlands): 41 percent - Russia: 24 percent - Norway: 15 percent - Algeria: 11 percent - Others (Libya, Nigeria, Egypt, Qatar etc): 9 percent __________________________ BTW, Europe would be even more "compromised" if Russia just slid into chaos and mass misery... After all, that's why Wall Street hatched the rally of oil/gas prices in the first place --who has interest in a Russian collapse? Argentina may sink into financial chaos... who cares? Argentina doesn't have nukes, nor does it share a border with Muslim countries (unlike Russia). If Russia is unable to sustain a modicum of military/geopolitical power then Turkey, Pakistan and Iran will just fill the vacuum --throughout Central Asia... which might, in turn, spawn a fascistic regime in Moscow.... Gus