“Yesterday we presented why when it comes to Syria, the UN Security Council can forget any attempt at “overhauling” a regime that is a cornerstone for Russian naval presence in the Mediterranean and the middle east.
“Russia has something that is far more valuable to Europe than the Goldman-alum controlled printing press: it has the world’s largest natural gas reserves. Which for a continent gripped in one the coldest winters on record, whose heating infrastructure is based primarily on natgas, and where Russian imports account for 25% of total nat gas, Russia has the upper hand in, well, everything. Which it gladly reminded the world of yesterday. According to the AP: Russia’s state-controlled Gazprom natural gas giant acknowledged for the first time Saturday that it “had briefly reduced gas supplies to Europe amid a spell of extreme cold.” Oops… Just a fat finger there, nothing to worry about. Oh, and if anyone forgets that in the Eurasian continent it is Russia who increasingly holds all the cards, Gazprom may “briefly” cut all supplies to Europe, -40 C degree temperatures be damned. Briefly…
“Unfortunately for Europe, Russia’s monopolistic control of its warmth will only increase with time. … Oh, and before we forget, Russia is also the world’s largest oil producer in the world having recently overtaken Saudi Arabia, and second (possibly the) largest exporter. Any questions now who has not only all the trump cards, but all the cards, period?”