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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: maceng2 who wrote (61126)3/18/2018 2:41:15 PM
From: Elroy Jetson  Read Replies (1) | Respond to of 71456
 
As PM May's reply at question time indicated, piped gas coming from European sources other than Norway will soon be source from suppliers which don't potentially include natural gas piped in from Russia.

Saudi Arabia currently has an agreement of convenience with Russia to try to prop up oil and gas prices to keep Putin afloat, but Saudi Arabia could easily withstand a period of lower prices which will drive Putin from office.

The US, UK and Saudi Arabia can jointly make the economics of Russia's main industry, oil and gas, untenable which will greatly limit Putin's ability to continue causing problems. Lower oil and gas prices will be good news for consumers and increased safety for those living in the West.