Follow Newser on Twitter   Friend Newser on Facebook
Snappy newsletters. Simple Facebook sharing. Spirited comments. Sweet features are waiting… GET THEM NOW!

Hot on Facebook

Putin's Gas Strategy Backfires as Prices Fall

By Kevin Spak,  Newser Staff

Posted May 16, 2009 10:43 AM CDT

(Newser) – The very strategies that made Gazprom an international force are now causing the energy giant—and consequently, Moscow—unaccustomed financial stress, the New York Times reports. Vladimir Putin built Gazprom into a goliath by aggressively dominating natural gas supplies, but to do it, he entered...   Read full story »

COMMENTS
You need to Log in to Newser to comment. Don't have an account yet? Sign up now!
2 comments
A snapshot of the day's best news stories.
 

More Newser Stories

EU Faces Crisis as Russia Cuts Off Gas

The Pride of Russia, Tanking Gazprom Seeks Bailout

Russia's Gas Giant Faces Big Squeeze

Russia, Ukraine Reach Natural Gas Agreement

EU Strikes Deal to End Russian Gas Freeze


NEWS FROM OUR PARTNERS
Other Sites We Like:   24/7 Wall St.   |   BuzzFeed   |   Cracked   |   Timelines   |   Geek Sugar   |   Business Insider   |   HuffPost Entertainment