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Politics : Israel to U.S. : Now Deal with Syria and Iran -- Ignore unavailable to you. Want to Upgrade?


To: GUSTAVE JAEGER who wrote (10861)5/6/2006 10:17:10 AM
From: sea_urchin  Read Replies (1) | Respond to of 22250
 
Gus > isn't crude oil at $70/barrel the best Russian bailout Wall Street could ever hatch?

Thanks for the articles. Of course, I am familiar with the situation in Russia concerning its oil and gas. Gasprom is now the third largest "corporation" in the world having surpassed Microsoft. What the article doesn't say is that most of the new Russian oil exports are going to Japan and China by way of a new pipeline and consequently their dependency on Russia will make these countries, and Europe, subject to Russia's geopolitical influence. America and the Zionists will shout and scream but these countries, like the Ukraine, will have to listen to what Mother Russia says.

I also see what you mean by the Wall Steet statement but I would argue the oil price isn't so much the consequence of Wall Steet but has everything to do with the Pentagon and the disastrous US foreign policy because the US, the oil companies excepted, can hardly regard itself as a beneficiary of the oil price increase which has come about as result of this policy.