eBay bidding war for Russian gas: Price jumps from $1 to $200,000

Moscow may soon be cutting gas supplies to Ukraine? No worries. Now Kiev – or anyone else – can buy Russian gas on eBay. An enthusiast started an auction at the price of just $1 per 1,000 cubic meters. That price has since jumped to over $200,000.

The auction of “piping hot” Russian natural gas, which started late on Thursday, has gained extreme popularity in just 24 hours, as eager bidders are continuing to raise the price. So far there have been 85 bids.

In the description of the gas, the seller urges people to buy the product, saying that the price is even suitable for Ukraine – which has been in the international spotlight for months due to Kiev’s protracted dissatisfaction with Russia’s tariffs.

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“Buy Russian natural gas today and provide energy their (sic) little European country to stay warm during long winter evenings.”

Of course bidders should be aware of the shipping costs, which will “depend on the cost of construction of the pipeline to your country.”

http://rt.com/news/165824-russian-gas-auction-ebay/