Putin's Oil Legacy

Here is a link to an excellent story about Putin's legacy as it relates to the oil boom that Russia has experienced. It is no secret that Russia oil and natural gas are the reason why it has experienced a resurgence on the world scene. (Russia supplies much of Western Europe with oil and national gas) Oil remains the one commodity that literally runs the world. Without oil you have no electricity or gasoline and the world comes to a stop. Yet, we know so little about the oil industry and that includes not just our own domestic oil production and needs but also what is going on in other nations as it relates to oil consumption or production. In this particular instance we are talking about Russia's role in the global oil market and that particular article fills in a number of blanks. It is well worth a read.

 

What did you think of this article?




Trackbacks
  • No trackbacks exist for this entry.
Comments
  • No comments exist for this entry.
Leave a comment

Submitted comments will be subject to moderation before being displayed.

 Enter the above security code (required)

 Name

 Email (will not be published)

 Website

Your comment is 0 characters limited to 3000 characters.