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To: jmhollen who wrote (3495)4/28/2005 6:52:36 PM
From: Tadsamillionaire  Respond to of 3517
 
With this news... I am buying SPRL...
story.news.yahoo.com.

That's a lesson not lost on Russia, the world's second largest exporter of crude oil and holder of the world's largest reserves of natural gas. The United States, Europe, India and China have each carved out stakes in Russia's energy future, while, for its part, Russia has sought to control strategic pipelines for oil and natural gas flowing from or through former Soviet republics.

President Bush travels to Russia in early May and is expected to lobby President Vladimir Putin for a multi-billion dollar pipeline deal to take natural gas to the Russian seaport of Murmansk. There, it would be liquefied and transported for sale in the United States.