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Re: cali4088 post# 16

Monday, 05/05/2014 5:47:43 PM

Monday, May 05, 2014 5:47:43 PM

Post# of 409
You are talking BS. I life in Germany and many here see the situation quite different than our american "friends".

Amarica has lost their credibility in the eyes of many european citizens since George W. Bush has lied to get his war against Irak and since Snowden has published Americas criminal practices. There is a reason that many citizens and governments won't follow Americas sanctions against Russia.

By the way: USA will not be able to export LNG to Europe, because actual studies show that USA's fracking dream is just a bubble that will collapse in about 5 years! Each gaz fracking hole looses nearly 60% production capacity after it's first year of production. Already 500000 wells have been drilled and many producer are already fighting to survive because they are not able to make any profit.

There is no cheap alternative for european energy than Gazprom and Gazprom is already delivering gas to Germany for 40 years even during the "cold war". BASF CEO Dr. Kurt Bock gave an Interview last week and declared that there is no better international partner for the worlds biggest chemical company than Gazprom!

Austrian OMV signed new contracts with Gazprom concerning South Stream pipeline last week! Turkey just signed contracts to uprade Blue Stream pipeline for double capacity. China Deal will be signed this month. Two new LNG factories will start production for Asian Market until 2019.

Take a look at todays chart: Seems like somebody has discovered Gazprom - the undervalued giant!!Even Rothschild has published today that they started to buy shares of Gazprom because the company is way undervalued. Noth Stream, Blue Stream and South Stream will make it possible to supply central europe without Ukraine's pipelines!

Open your eyes and look over your American horizon. The world has already started to turn away from America because it has passed zenith. There is only one future for USA and that's bancruptcy in at least 10 years!