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You know that Russia has a policy of crippling its investment partners and it, like many producing countries, lacks an industry to develop and manage its resources. The likely result will be falling production from just poor management, but do not discount peak oil effects. Some Russian fields are old and were poorly developed. Finally, when you play politics with natural resources you are likely to tell lies. Much to be suspicious of with the Russians and their new releases. It is war you know. Z
Aug 21 15:42 pm
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All Comments by whidbey »Russian Oil Exports: Dropping, But Why? [View article]