InnocentsAbroad

Russian Oil Is Worth the Risk

Purchasing shares based on geopolitical assessments seems not a very solid bet. The proper question, it seems to me, is how much of their national product are the Russians willing to let go of to get capital for industrial investment. I would posit that a possible gauge of this is the actual importation and installation of best technologies in the Russian ports, pipeline, and well heads. Only companies like BP or CP really know those details So non-Russian companies with good strategic skills might be a better bet than the pure thing (unless of course, you speak Russian and can make friends easily with their petroleum engineers and technical managers).