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€2,000 per 1,000 cubic meters is equal to $65 per thousand cubic feet, which is about 10 times the wholesale cost of gas in the [[Midwest]] (where prices have already risen sharply this winter).
€2,000 per 1,000 cubic meters is equal to $65 per thousand cubic feet, which is about 10 times the wholesale cost of gas in the [[Midwest]] (where prices have already risen sharply this winter).
On February 7, 2022, seventeen days before the Russian [[special military operation]] in Ukraine commenced, Michael Hudson, a research professor of Economics at University of Missouri, Kansas City, wrote:
On February 7, 2022, seventeen days before the Russian [[special military operation]] in Ukraine commenced, [[Michael Hudson]], a research professor of Economics at University of Missouri, Kansas City, wrote:
{{quotebox-float|"The only way left for U.S. diplomats to block European purchases [of Russian gas] is to goad Russia into a military response and then claim that avenging this response outweighs any purely national economic interest. As hawkish Under-Secretary of State for Political Affairs, [[Victoria Nuland]], explained in a State Department press briefing on January 27 [2022]: “If Russia invades Ukraine one way or another [[Nord Stream 2]] will not move forward.” The problem is to create a suitably offensive incident and depict Russia as the aggressor.<ref>https://www.nakedcapitalism.com/2022/02/michael-hudson-americas-real-adversaries-are-its-european-and-other-allies.html</ref>}}
{{quotebox-float|"The only way left for U.S. diplomats to block European purchases [of Russian gas] is to goad Russia into a military response and then claim that avenging this response outweighs any purely national economic interest. As hawkish Under-Secretary of State for Political Affairs, [[Victoria Nuland]], explained in a State Department press briefing on January 27 [2022]: “If Russia invades Ukraine one way or another [[Nord Stream 2]] will not move forward.” The problem is to create a suitably offensive incident and depict Russia as the aggressor.<ref>https://www.nakedcapitalism.com/2022/02/michael-hudson-americas-real-adversaries-are-its-european-and-other-allies.html</ref>}}