88m3
Fast Money & Foreign Objects
With Siberian oil now being drilled? I highly doubt it.
and the oil will go where and at the cost of what? and in how many years time?

With Siberian oil now being drilled? I highly doubt it.
And a massive trillion dollar diamond mine being discovered? or how about the new natural gas pipeline which runs to europe? Do you know that Russia is the largest country in the world yet never got a chance to max out it's natural resources? Outside of Africa, Russia has more everything than everyone. WTF are you talking about?There's going to be a substantial surplus in oil production in the coming years. The prices that the Russians are going to be getting for this oil will, in all likelihood, not be enough to bring them back to relevancy on the world stage.
Cherry-pick new stories to stan Russia brehs.
Russian GDP growth is highly correlated to global energy prices. This is just a fact of life that you will have to accept if we are to continue talking.And a massive trillion dollar diamond mine being discovered? or how about the new natural gas pipeline which runs to europe? Do you know that Russia is the largest country in the world yet never got a chance to max out it's natural resources? Outside of Africa, Russia has more everything than everyone. WTF are you talking about?![]()
this thread was made already but aren't they planning on decommissioning the thing sometime around then?
Russian stans![]()
BRIC. That is over half the planet you silly muppet, it doesn't matter if they sell it for 2 cents a gallon, do you know how many people that is? You americans are nervously stupid or what? Even the nazi's didn't have this much confidence. Yes and they too got their arses handed by the Russians.and the oil will go where and at the cost of what? and in how many years time?
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The whole world is.Russian GDP growth is highly correlated to global energy prices.
A country like the US, who has traditionally been a net importer of oil, would see an opposite effect on GDP growth with a rise in oil prices when compared to a net exporter like RussiaThe whole world is.![]()
A country like the US, who has traditionally been a net importer of oil, would see an opposite effect on GDP growth with a rise in oil prices when compared to a net exporter like Russia![]()
We use more than everyone else too, so we will still need to import crude from overseas. Besides this fact, the original point stands. Lower oil prices might hurt our oil companies but our consumption based economy will thrive. Russia's petro-economy, on the other hand, will not.
Don't mind them, they couldn't name 10 Russian inventions. They have no idea that some of their modern household appliances and weaponry are thanks to Russians. The entire world knows Russian tech is elite and only surpassed by america who has quadruple the population.
I give zero fukks about Russia. Just stating a fact - the US don't exactly have a booming space shuttle program...
No, no it won't. Your consumption is exactly WHY you lot are having a problem. It doesn't help that your lobbyists are preventing alternative energy, I don't think you realise the scale you people use, do you think you've been fighting desperate wars for nothing??? You consume more than the entire world, you speng! and it's projected to grow!!!!!!! Without energy what will run that massive machine? In no time you will be knocking on Russia's door, they're projected to have the last supplies because they strategically drilled last, they can charge you whatever they want, they can charge China who is strapped for cash the same thing. You are no where near prepared for alternative energy.We use more than everyone else too, so we will still need to import crude from overseas. Besides this fact, the original point stands. Lower oil prices might hurt our oil companies but our consumption based economy will thrive. Russia's petro-economy, on the other hand, will not.
OK, this is quite simple. My original point was that the oversupply of oil in the coming years will cause a substantial drop in price. A drop in oil prices boosts GDP growth in a consumption based economies. This is not really debatable. On the other hand, Russia's exporting of oil and gas is the main driver of their economy. A drop in energy prices will hurt them significantly. You talking about lobbyists preventing alternative energy and our growing demand are deflections. Your own article says we're going to be energy self-sufficient in 15 yearsNo, no it won't. Your consumption is exactly WHY you lot are having a problem. It doesn't help that your lobbyists are preventing alternative energy, I don't think you realise the scale you people use. You consume more than the entire world, you speng! and it's projected to grow!!!!!!!!!!
There is no over supply of oil globally.OK, this is quite simple. My original point was that the oversupply of oil in the coming years will cause a substantial drop in price. A drop in oil prices boosts GDP growth in a consumption based economies. This is not really debatable. On the other hand, Russia's exporting of oil and gas is the main driver of their economy. A drop in energy prices will hurt them significantly. You talking about lobbyists preventing alternative energy and our growing demand are deflections. Your own article says we're going to be energy self-sufficient in 15 years![]()
We use more than everyone else too, so we will still need to import crude from overseas. Besides this fact, the original point stands. Lower oil prices might hurt our oil companies but our consumption based economy will thrive. Russia's petro-economy, on the other hand, will not.