Way to go, Obamadork/State(less) Department.
Cold War II, thanks to your combined incompetence.
Russia’s economy is highly dependent on its hydrocarbons, and oil and gas revenues account for more than 50% of the federal budget revenues.
http://www.eia.gov/countries/country-data.cfm?fips=RS&trk=m
Two thoughts...first,this is a good thing in one important way:less chance of a Soviet rocket shooting down a planeload of Europeans and Aussies.Second,the next step would be for Europe to close their airspace to Soviet airlines.And then it goes on and on.When the dust has settled the Soviet petroleum robber barrons won’t have any way to buy their “dachas” in Italy,Spain,etc.
Maybe the Europeans can buy petro products from the new ISIS/ISIL dealers at a discount, but will they take Euros in payment?
“Russia may close airspace”
Well then just flyover Ukraine. Oh wait a minute, nevermind.
Looks like no “IF”
Diplomat: EU Puts Top Russian Oil Companies on Sanctions List
http://www.rigzone.com/news/oil_gas/a/134895/Diplomat_EU_Puts_Top_Russian_Oil_Companies_on_Sanctions_List
The European Union put Russia’s top oil producers and pipeline operators Rosneft, Transneft and Gazprom Neft on its list of Russian state-owned firms that will not be allowed to raise capital or borrow on European markets, an EU diplomat said.
EU sanctions, however, do not encompass the gas sector and in particular state-owned Gazprom, the world’s biggest gas producer which is also the biggest gas supplier to Europe.
excerpted for Reuters content
Goodo we can live without Russia just fine....bye bye Putie!