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Gold/Mining/Energy : Big Dog's Boom Boom Room
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To: t4texas who wrote (33421)7/8/2004 2:03:23 AM
From: energyplay  Read Replies (1) of 206093
 
Putin and Russia would also get more influence over politically powerful oil companies in the West, like XOM.

XOM would make a lot of profit, western consumers would get cheap oil, and Russia gets a free hand in Checneay, maybe georgia, Azerbijian. Also looser controls on technology sales to Russia.

Maybe Russia can provide better opportunities than offshore West Africa, Really DEEP -DEEP US Gulf, etc. Also better than expanding Alberta tar sands operations. Forestalling or delaying projects in those areas will mean the Russians have more leverage.

Russia is builing a LARGE gas pipeline to Europe. This buys influence, brings in cash, becomes a de facto non-agression pact.

Right now I'm happier with the Russians than most of the Arabs, so this is a good deal.
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