Is the world facing an energy crisis? Not according to Pierre Noël, of Cambridge University and the European Council on Foreign Relations in a new article for the FT, who argues that we must abandon the ridiculous notion of energy independence and trust the market’s ability to cope with supply disruptions. He argues that “The single biggest contribution to international gas supply security would be for the European Union to create a competitive, integrated gas market. It would also diminish Russia’s ability to leverage the bilateral gas relationships, increasing the chance for Europe to speak with one voice to Moscow.” More after the jump.