Quote Originally Posted by Tet
Ukrainian dispute certainly turned into much lower natural gas prices.
Because the whole "oil crisis" was a mini-bubble anyway.

Wall Street and London can't be too happy about that
They absolutely are. Oil is just one of the many ways they make money. I am sure, they shorted oil before it crashed from $70 to $50. As long as they stay close to the printing presses (and they do), they will continue to prosper (provided, the printing presses work properly).

and certainly the rest of Europe isn't running to them for alternatives. This is the year things get interesting.
If they are getting too friendly with Mr. Putin, they, eventually, will have no choice. Their problem is to keep the balance between the US and Russia without getting too dependent on either side.

m.