Russian President Vladimir Putin is in China this week looking to seal a $400 billion natural gas supply deal with the country. Senior Contributor Dan Dicker tells TheStreet’s Joe Deaux that the deal will go through and it will wield more power for Putin in Ukraine than any guns or tanks. The next step likely will be for European countries to look for natural gas alternatives thanks to the possibility that Russia can provide less gas to Europe with a huge partner in China. Dicker says they may look in the Middle East, and tells investors now is a good time to get into languishing nat gas stocks.
Subscribe to TheStreetTV on YouTube:
For more content from TheStreet visit:
Check out all our videos:
Follow TheStreet on Twitter:
Like TheStreet on Facebook:
Follow TheStreet on LinkedIn:
Follow TheStreet on Google+:
source
