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Unformatted text preview: Nice to have. ..except they, just like the U.S., are all dependent upon foreign oil. Again, not good strategically in case of a global war. Some other points to consider: * Russia has extensively developed its oil/natural gas reserves and production over the last 20 years. *Russia has developed a lot of Oil production/export “friends” over the last 10 years. Compare this with the following: *The U.S. has curtailed almost all development of its extensive oil/natural gas reserves and production over the last 20 years. *US has a lot of “Friends” that are Oil import dependent. Additionally, during the last 10 years, it has lost oil production/export “friends.” (With notable exception of Iraq, which came by attack and invasion.) GRI Newsletter, January 2009 © Roger K. Young 2009 all rights reserved...
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This note was uploaded on 11/17/2010 for the course BCS 213 taught by Professor Mcgovern during the Spring '10 term at Bergen Community College.
- Spring '10