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Don't you find it interesting that any supply risk, geopolitical...

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15/01/15

23:58

Post #: 14592063
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Originally posted by buc ↑

What do you make of this cmonaussie?

Russia Cuts Off Ukraine Gas Supply To 6 European Countries

Submitted by Tyler Durden on 01/14/2015 22:30 -0500

Vladimir Putin ordered the Russian state energy giant Gazprom to cut supplies to and through Ukraine amid accusations, according to The Daily Mail, that its neighbor has been siphoning off and stealing Russian gas.

Due to these "transit risks for European consumers in the territory of Ukraine,"Gazprom cut gas exports to Europe by 60%, plunging the continent into an energy crisis "within hours." Perhaps explaining the explosion higher in NatGas prices (and oil) today, gas companies in Ukraine confirmed that Russia had cut off supply; and six countries reported a complete shut-off of Russian gas

http://www.zerohedge.com/news/2015-01-14/russia-cuts-ukraine-gas-supply-6-european-countries

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Don't you find it interesting that any supply risk, geopolitical risk will have major effects on the oil and gas price.

will only take a couple of events to remind people just how crucial this commodity is to everyday life and business.

SSN Price at posting: 1.0¢ Sentiment: Hold Disclosure: Not Held

LNR Price at posting: 18.0¢ Sentiment: Hold Disclosure: Not Held

AKK Price at posting: 4.4¢ Sentiment: Buy Disclosure: Not Held

SEA Price at posting: 47.5¢ Sentiment: Buy Disclosure: Not Held
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