Tuesday, February 12, 2008

Russia threatens gas cutoff

Moscow - Russia's state-controlled gas supplier Gazprom on Monday gave neighbouring Ukraine a reprieve of a few hours in a debt dispute, but still said it would stop sending gas to the country of 47 million people if an agreement isn't reached. The conflict is being watched nervously in European Union countries that get Russian gas through pipelines crossing Ukraine, fearing a repeat of the supply disruptions that hit during January 2006 when Russia halted gas to Ukraine for several days amid a fierce argument over price hikes.

[this is why Reagan fought (successfully) against any pipeline from Russia to Europe throughout his presidency - Europe will be little more than a Russian satellite once addicted to its energy.]

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