Comments by "peabase" (@peabase) on "US and Germany step up pipeline warnings to Russia | DW News" video.
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@npc2480 Duh, global consumption of hydrocarbons isn't increasing, but rather, decreasing. If Russia loses a customer, it cannot regain its market share without resorting to dumping. The other producers, whose exploitation costs are lower, will follow suit and outcompete Russia on price.
Let's face it, Russia and Germany are stuck to one another energy-wise. Russia needs the oil and gas revenue as much as Germany needs the oil and gas. Over time, Germany can opt out from this toxic relationship. If they do, Russia, with its poorly diversified economy, is left with only poor options, like signing yet another bad gas deal with China.
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