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Russia's oil boom may be running on empty
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Re: Russia's oil boom may be running on empty
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sczech
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Aug 27 08 3:54 PM
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The Russians resources will be depleted eventually. If not by the Russians themselves, then by Chinese or western companies. Any country rich in resources will be overrun by other countries if these resources are not shared. The only choice Russia really has is to maximize the amount of money it receives by selling their resources on world markets. The US administration on the other hand is of the opinion that the Russians should give their resources away freely without proper compensation.
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Russia's oil boom may be running on empty
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