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Peter Van Doren on Energy Independence
The Great Antidote
What Are the Costs of Not Being Independent?
"Germany is paying an enormous cost for its dependence on russian oil and of allo national security concerns," he says. "In a strict cosben analysis, we'd have to add up the costs that occur during shocks that are unpleasant,. versus the benefits that come from trade during all those times when there aren't shocks."
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