11.03.2014 - Oil and natural gas as weapon of war
With Russiaís invasion of Crimea, the threat is greater than Vladimir Putinís ambitions, the real danger to the world is that oil and natural gas are once again being used as a weapon of war. This isnít the first time. When Russia cut off natural gas supplies in 2009 to Ukraine and six other countries in the middle of winter, millions were left in the cold until they paid Russiaís ransom in the form of higher prices. It was a stark example how vulnerable Europe had become to Russiaís control over energy resources. I said at the time it should be a wake-up call to an America confronting its own foreign oil dependence issue and the national security and economic threats that come with it...............................................Full Article: Source
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