[GSlob]

If one is to believe the CIA fact-book, the known proved reserves in Russia cover current extraction levels for about 20 years. While 100% extraction is not possible, there probably will be other oil finds, so these things will more or less balance out. Thus one ought not to expect significant expansion there, unless as a short and destructive Stakhanovite stunt.

[sully777]

Oh, is that why we are paying high prices? Damn. (/sarc off)