Re: Kemp & Edwards agree - time to get tuff with Russia
On Jul 14, 2006, at 1:06 PM, Steven L. Robinson wrote:
Russia is a bigger player in natural gas than in oil
Russian oil production is considerably larger than all of Latin
America’s, is twice Iran’s, and is close to Saudi Arabia’s. They
consume a lot of it domestically, but their exports are still larger
than Kuwait & Iran’s combined.
and given the dependency of Europe on Russian supplies, a
collapse of that fuel hardly seems likely.
If the price fell by half, the revenue would too, no?
Doug > >