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The European Energy Crisis: A Failure of Policy?

Energy Gang

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What Do You Think About the European Response?

viki: Europe's dependent on russian gas. Russia was dependent on europe as a market for selling its gas. So when russia cuts off gas supplies to europe, that's not a costlys thing for russia to do. Viki: It's going to take it ten years to be able to take that siberian gas and send it somewhere else through a new pipe line. And that's something the russians have to keep in mind.

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