With the Cold War in the rearview mirror for over three decades, the road ahead shows that cheap Russian natural gas delivered by pipeline is the biggest threat to the United States superpower status.
Natural gas delivered by pipeline is significantly more cost-competitive than any other form of energy, with any industrial power center boasting natural gas pipelines to Russia seeing significantly lower energy costs, boosting their machine tools, heavy equipment, automobiles, advanced electronics, consumer products, and agricultural fertilizers in the global markets. Those countries not connected are likely to be less competitive industrially and will experience higher levels of inflation associated with declining living standards.
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