I find it rather telling that a post about what some idiot said on the TV gets 300+ comments, another one about alleged racist sentiments in an astroturf pseudo-grassroots movement gets 400+ comments, whereas this one had not more than 3 people somewhat engaging in a discussion.
That said, IMO the way out of the dead circle of bickering between the big fish in the gas business is the creation of a homogeneous network of supply lines plus uniform price levels where the origin of the gas matters very little. Something similar to the oil prices worldwide. Otherwise there's no guarantee that Azerbaijan or Algeria wouldn't decide to hit you on the head at some point just like Russia is doing now. I'm aware of the risks for monopoly, OPEC-style, but things are going into that direction in most other businesses anyway, and I admit I'm not seeing a better alternative.
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Date: 17/7/10 20:38 (UTC)That said, IMO the way out of the dead circle of bickering between the big fish in the gas business is the creation of a homogeneous network of supply lines plus uniform price levels where the origin of the gas matters very little. Something similar to the oil prices worldwide. Otherwise there's no guarantee that Azerbaijan or Algeria wouldn't decide to hit you on the head at some point just like Russia is doing now. I'm aware of the risks for monopoly, OPEC-style, but things are going into that direction in most other businesses anyway, and I admit I'm not seeing a better alternative.