Nikos Tsafos is a Manager specializing in natural gas with PFC Energy.
Why Athens might once again create another crisis over its economic troubles.
"Turkey has little to gain and much to lose by abusing its position as a transit country for gas into Europe."
"OPEC is not waging a price war against the United States—rather, U.S. producers are waging an insurgency against OPEC."
"The danger is that the United States will try to leverage energy for political ends and trigger unintended consequences."
Oil prices matter far less for economic activity than we give them credit for.
If prices were to drop, thanks to a surge in supply, could nations like Saudi Arabia and others be in for trouble?
"Russian gas does not weaken Europe politically, and diversification is not the solution."
The devil just might be in the details.
Russia has demonstrated that natural gas is an unwieldy and largely ineffective weapon.
The idea that austerity is killing Greece is absurd. The problem is the inability to practice austerity.
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