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Message   Mike Powell    ARELOR   Russia's unimportant econ   February 28, 2022
 4:07 PM *  

>  > > Something today suggested to me that Biden pretty much forced Putin to
>  > > invade,
>  > > as a way of making Europe limit the import of Russian gas so they would
>  > > become
>  > > more dependant on American gas instead.
>  >
>  > Which would be an odd move considering that Biden has done things to cut
>  > our production capabilities.  Not saying it could not be true, though,
>  > especially if part of the idea is to intentionally cause a shortage.

> The guy who suggested the idea to me told me the US would be purchasing gas
> from Quatar or other sources and then reselling it at a profit.

That is not unprecedented.  Something similar to that happens now between
the USA and Canada.  As a Canadian once explained it to me, Canada has
intentionally limited refining resources.  So, they have to sell their oil
to us, we refine it, and then sell the gas back to them, which makes prices
there higher.

Mike


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