To: .cnI redruM
Most Russian oil aren't state owned or nationalized.
26 posted on
09/20/2005 8:04:17 AM PDT by
jb6
(The Atheist/Pagan mind, a quandary wrapped in egoism and served with a side order of self importance)
To: jb6
Which means they won't sell domestically if the price is frozen. They'll take it abroad and maximize their profits.
29 posted on
09/20/2005 8:07:05 AM PDT by
.cnI redruM
( "Go ahead, punk, make my Earl Grey." - Mark Steyn)
To: jb6
Most Russian oil aren't state owned or nationalized. Gazprom is ready to take over Sibneft from Kremlin friendly oligarch Roman Abramovich. They recently got huge credit from the western banks to buy it. So nationalization in Russia goes on.
76 posted on
09/20/2005 10:08:27 AM PDT by
Lukasz
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