I attribute Europe's reluctance to support Ukraine to the risk of losing Russian natural gas if Putin turns off the spigot. However, the way you explained it with current oil prices being below Russia's production cost it would seem Europe has less to worry about than I had thought. I sure hope that Keystone pipeline gets approved. Anything that will lower oil prices and hurt Russia can't be bad. Unless you're one of those global warming worshiping liberals. I simply do not understand why global warming isn't considered to be a religion.