Posted on 11/22/2008 9:34:57 PM PST by skully
If President-elect Barack Obama and his top advisers learn nothing else from Russia's invasion and occupation of South Ossetia this summer it should be that Moscow aspires to be an energy superpower.
Russia already is the world's second-largest producer of oil, pumping nearly 10 million barrels a day, and is the largest supplier of natural gas. Like all energy-exporting countries, Russia benefited enormously from the run-up in prices over the last decade. Every $1 increase in the price of a barrel of oil transferred about $1 billion into Russia's state budget. As a result, Russian foreign exchange reserves grew from $12 billion in 1999 to $470 billion at the end of last year, a balance equaled only by such countries as China, India and the Middle East oil producers.
(Excerpt) Read more at washingtontimes.com ...
New Sovietska Power modol,
Ve attak a few providece, ve vait for reaction. no?
ve vait after 20ive december, ve good to go? yea?
New soviesk juniuon.
Dis time ve gets all europe, and vit luk, some asia.
Amerika vill be province soon after, thanks to Komrade Barak. But ve saay no Ishlam.
Note to new kremlin: if barak try to spred Ishlam, send barak on dalas trip.
Onr of our infrasturture projects should be to expand the strategic petroleum reserve.
And the fact that we sat there sitting on our hands for all those years allowing our enemies to amass great wealth at our expense is an unspeakable crime.
The no drill crowd has cost this country dearly.
There won't be enough Russians left to stop them.
Chinas population is growing in spite of their 'one child' policy. They'll soon have 25 or 30 million unmarried men in their twenties. Russia will have...drunk 45 year old men.
Good by Siberia.
L
Think where Russia would be today IF we had left Saddam in power and all her ‘oil’ contracts signed under UN Oil for rotten Food scam were still in effect.
Thanks to Obama and Biden, we will freeze in the coming years as those idiots grow windmills instead of nukes and coal.
And blame us for the problem the entire time.
But the rooskees have plenty of nukes to stop the chinese hordes marching across the steppes.
That’s looking at the sunny side of the street, ‘rooskees have plenty of nukes’...lol.
“allowing our enemies to amass great wealth at our expense”
The same may be said of George Soros.
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