Comment

Friday Night Acoustic: Tommy Emmanuel, "Drivetime"

597
Bubblehead II3/01/2014 10:09:26 am PST

re: #586 Dr Lizardo

Probably would. But it would hurt quite badly as well. They are extremely reliant on gas sales to Europe. They could sustain that for a year or two, but not much beyond that.

Europe is trying it’s damnedest to diversify it’s gas sources; the Persian Pipeline (Iran to Europe via Turkey) is in the works, and it’s supposed to go online later this year, with any luck, that is. The Russians aren’t happy about it, as it’s projected to blow a $20 billion hole in their budget.

Yep. And this will help reduce their dependance on Russian gas.

Europe Nears First Commercial Shale Gas Production in Poland