Wednesday, July 21, 2021

Moon of Alabama — Russia And Germany Win War Over Nord Stream 2

It's over. It's pretty clear that German business interests won although MA doesn't draw that conclusion directly. US opposition was clearly anti-competitive.

Moon of Alabama
Russia And Germany Win War Over Nord Stream 2

5 comments:

Peter Pan said...

US natural gas traversing the Atlantic in imaginary LNG tankers was competitive.

Matt Franko said...

“ US opposition was clearly anti-competitive.”

Yo, ever hear of OPEC+ ???

Tom Hickey said...

“ US opposition was clearly anti-competitive.” Yo, ever hear of OPEC+ ???

If your cost of production and delivery is higher than the competition then you either have to bow to the competition or create artificial scarcity.

Paying higher prices for US LNG would increase production costs for German firms and they were having none of it. Merkel got the message loud and clear.

Matt Franko said...

Right I know a cartel is competitive… #paradox … I get it…

Tom Hickey said...

Right I know a cartel is competitive… #paradox … I get it…

If the US is opposing cartel pricing in opposing Nordstream 2, they should say so and not cook up a story about the US "protecting" Germany from the bad Russkies when German, a sovereign state, doesn't want "protection". It's obvious to anyone with half a brain that this is propaganda. The "protection" involved is Mafia-style. How to lose an ally.