As to Ledger’s suggestion about selling Gazprom or shorting it, why bother? The Russian government owns 50.1% of the stock and controls Gazprom as an arm of the government. Only fools bought the minority shares (like the Germans and their utility E.ON).

Reagan warned the Europeans about Gazprom and dependency on their natural gas and now they’ve got their hooks into the European economy.

In the long run, the West needs to build nuclear reactors to replace the gas. Look for an article in AmericanThinker.com shortly called “Sticking it to Gazprom” with details.

That Supercargo sure is an imaginative guy, isn’t he? I will agree with him on the poor basic design of the RMBK reactors. You lose coolant and the power goes up automatically! How dumb is that?