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Are on united front dealing with these issues. reason he s talking about this so much with so much emphasis is because there have been questions about germany s commitment to having a forceful reaction and response if russia were to invade. and nord stream 2 pipeline issue is clearly going to remain a sticking point. we saw there was difference in way president biden talked about this issue, saying explicitly again that if there were, obviously couldn t say with specificity how the u.s. can ensure that, but spotlight turned back on the german chancellor, wouldn t make that specific commitment but reverted back to broader statements about being a united front. this is going to raise and continue to not answer questions how united that front is if the german chancellor is not willing to make that specific commitment ....
Analyst, european power at wood mackenzie. first of all, give us your take on the iea calling on russia to mmp on the iea calling on russia to ramp up its gas supplies to europe, your thoughts on that? yes, yes, thank you. that is certainly one of the issues at play. there are a few others in the mix and many of these coincidental factors that come together to give us a supply crunch in europe. in addition to the russian pipeline issue, there is also a boom in lng demand in asia and latin america, meaning there is much more supply being sucked out of europe ordinarily and the uk gas supply and the output to date is down on last year as a result of maintenance and project delays. a few other moving parts in the mix that our overall giving europe a supply crunch on the gas side ....
Afghanistan and many will head for the exits to try to leave. what does that mean in terms of united states allies particularly those in europe who have that huge influx of refugees in 2015 from syria, which was hugely destabilizing? this means that their interests are not properly aligned with the united states interests. this is going to have a corrosive effect on that relationship going forward. and i think that that s something that is going to trouble the united states. president biden needs those allies when he deals with china and on many other issues were increasingly seeing those european allies separate themselves out or see that interest separated from the united states s interest. look at pipeline issue between germany and the united states and russia and how that resolved in germany s favor and that s just one small cam pl. yeah. i talked to really bitter european officials who say we ....
martha: yeah. i think that everybody in every institution has to keep their mission first. the mission is clear for the united states military, to protect the united states of america and do it in a unified way. not the way that leads us to sort of being different factions in the military and have them commenting on how they feel about that. that s a question that has come up lately and we hope that mission is clear and carried out for the benefit of the country. i want to ask you also about nord stream 2 and this pipeline issue. it s surfaced today that the german chancellor angela merkel spoke with president putin of russia and this happens as the united states expressing their desire on behalf of president biden to make sure that ukraine is protected in this arrangement that allows russia to become so dominant in the energy supply for europe. what do you think about where this is right now? tell us. yeah. these responses i think are ....
And hoarding, and we ve seen colonial all over again with what i call guzzle-gate. we should point out this is not the colonial pipeline issue, this is not like that, nor will the effect of that be. is that true? that s absolutely true. right now, the supply system is working fine with the exception of that last mile or 50 miles. refineries have a little more gasoline in their pocket to ship. and the one overriding concern is the price of crude. i think we may see an $80 price for crude oil which we haven t seen for seven years. i would have thought a couple years ago or much ago, $100 barrel crude is kind of the fancy of the lunatic fringe. but it could happen. there s a lot of speculative money that s coming into oil futures. a little later this month, they re going to trade many futures and all of those kids that traded gamestop and amc and ....