Monday, November 5, 2007

Europe's Strategic Dependence on Russian Energy

"Russia is consolidating its grip on oil and gas—the economic lifeblood of Europe. Moscow is pursuing a comprehensive strategy that could increase Europe's political and economic dependence on Russian energy. Such dependence could negatively affect trans­atlantic relations, common values, goals, strategic objectives, and security policies. Without a policy dialogue and coordination between Washington and European capitals, Europe's strategic drift away from the United States will continue unabated."

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