• Natural Gas News

    WSJ: Putin Marches, Europe Sues

    old

Summary

Lowering the barriers to entry into the European gas industry by making it easier for Gazprom’s competitors to exploit the Continent’s large but untapped domestic gas supplies would be a better approach.

by:

Posted in:

Press Notes

WSJ: Putin Marches, Europe Sues

During the Cold War, a former Journal editor named Seth Lipsky tried to convince a reporter to avoid law school by devising a multiple-choice test that went something like this: The Soviet Union has invaded Afghanistan and is advancing through proxies around the world. You are very concerned. You should:

a) file a writ of attainder with the world court;

b) pursue an antitrust complaint with the Carter Administration;

c) round up the countries in the U.N. General Assembly for a class-action lawsuit.

There was much more, but you get the point and so did the reporter. He ditched the law. But that story came to mind Wednesday with the news that the European Commission filed an antitrust suit against Gazprom for dominating its energy market. In lieu of more energy production, file a lawsuit. Yeah, that’ll work. MORE