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US doesn’t have enough energy resources for Europe – Rogers

Washington will not have enough free energy resources to saturate Europe. This opinion was expressed by an American investor Jim Rogers.

In a conversation with RIA Novosti, he noted that Russia would not leave the energy market in any case. European states are likely to continue to receive fuel from the Russian Federation, including through the black market, the expert explained.

“The US can help a little, but it’s not enough,” Rogers said.

According to him, the States are not able to provide the “gigantic” market only with their own energy resources.

Formerly head of the Cyprus Hydrocarbon Company Charles Ellinas stated that the marginal cost of Russian oil set by Western countries would not have any impact on the Russian economy. He also called the West’s new restrictions on Moscow the biggest interference in the world’s energy flows.

Author Julia Milenina

Yulia Milenina is a correspondent for the Pravda.ru news service.

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