Ukraine refused the 400% increase in price that Russia demanded for its gas so Russia just cut off supplies, which in turn affects the EU countries.
Click on the post for this latest energy development.
With American consumers ready for their January heating bills, it is a little hop, skip and jump to just imagine that we might someday be like Ukraine, hit with a suprise 400% increase. It would be a little more than a ripple effect through the economy, more like a tidal wave effect.
This is a developing story...
Monday, January 02, 2006
Russia turns off gas to Ukraine; On Energy as the weapon of choice
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment