The Odds of Energy Sanctions on Russia

I don't see Europe committing energy suicide over Ukraine. I absolutely believe that they will move as quickly as possible to reduce their dependence on Russia, he says. The bigger issue here is not what's going to happen in the course of weeks but how quickly can they transition away from Russia? If you combine some LNG and some renewable spending and you get more shale producers pumping in the US, you can start to cobble that together quicker than you think,. But with the level of energy dependence Europe still has on Russia, I don't see those types of energy sanctions for anything less than tactical nuclear strikes or something where that'll be the least of our problems if we get there.