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Transcripts for CNN CNN Newsroom Live 20220131 06:37:00

even in the medium term. another decade or two. these redepend sis on fos ill fuel producers will remain in the interim. really what is happened here is that much of europe has really tried to live in the future where it s reality is actually still very much grounded in fossil fuel. that reality can t be ignored unless europe wants to open itself up to national security problems. potentially over and over again during this actual transition to net zero. more broadly outside of the current tensions, in a political sense, how much power do major national suppliers so called pet row states have over customers? this depends on whether we re talking about natural gas or talking about oil. it depends on the state of the market. if we look at the oil market as you know, for decades consumers have been concerned about an

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