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Russia announces that it has cut gas supplies to the Ukraine. This results in a drop in gas pressures across Eastern Europe, as the pipes are all connected to a grid. No effect has been felt in the UK yet, since we only import a small fraction of our gas at present, but this fraction will increase rapidly over the next few years. Will this frighten Tony Blair into cranking up the nuclear capabilities? He has promised a decision on whether the government will give the go-ahead for building new nuclear stations by summer 2006. He seems rather keen, and may become more so if gas prices go through the roof.

The Guardian; Tuesday 3/1/06

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