Gas Problems

Russia and Ukraine are at it again. Russia cut off the flow of gas to the Ukraine on New Years Day, citing a $1.6 Billion bill. Russia is accusing Ukraine of stealing 25 million cubic meters of gas, disturbing its flow to European markets. Ukraine, in turn, says the shortage came from Russia's "technical manipulations."

European nations have been hesitant to get involved. While Europe gets a quarter of its gas supply from Russia -- Ukraine being the primary route -- they say they have enough reserves to cope with any interruptions for the time being.