Ukraine is stealing gas that is destined for Europe. Ukraine's leadership has chosen for a market economy and told Russia they have new friends now and please get lost; nevertheless they want to continue the 'friendly' gas prices from their Russian suppliers and refuse to pay prices that are closer to European market prices. Mr. Yushenko is a bit confused.
But this whole affair shows that the new world order with its privatization and international deregulation of energy will only result in more international conflicts and higher energy prices.
Dependency on foreign, privatized energy is a bad thing. It can severely damage the economies of several countries. The energy corporations will profit from this and what do they care about national sovereignty, economy or welfare? Energy should be nationalised, as it is of crucial importance to state and citizen.
Scotsman: "The Department of Trade and Industry was warned at least four years ago that relying on imported gas would render the British economy vulnerable to disruption from Russia."
The Scotsman would, of course, blame Russia, but this problem is just the result of the new market economy and Russia is completely in line with this market trend.
Again we were lied to when they told us privatization and deregulation would bring lower prices; they didn't. Energy prices are bound to rise and rise. Our national governments have relinquished practically all control over energy. What do we need governments for?
2:36:12 PM
VenezuelaAnalysis: "The Chicago Transit Authority is refusing an opportunity to alleviate commuting costs for hundreds of thousands in the Windy City's low-income neighborhoods. Instead of accepting deeply discounted fuel from the Venezuela-owned Citgo Petroleum Corporation, the city is instead raising fares to solve budget shortfalls."
12:10:48 PM
