Russia prepares mega-deal with India after locking up China with “Holy Grail” gas deal

The US government is telling itself fairy tales of “drill baby drill” and “Saudi America,” fancifully imagining that they don’t need Russian oil or gas. Well, Europe needs Russian oil and gas, and the demand met in Europe means lower prices everywhere. Oil is fungible. If Europe is energy starved because of a Russian cut off, energy prices in the USA will be much higher. Now Russia is making deals to sell oil and gas to India and China, after the disgraceful actions in Ukraine by EU and USA. The punishment is coming.

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