Bush better be careful. Putin is in charge of a large nuclear arsenal and I read the other day that their oil reserves currently estimated at 29 Billion, may be up to 5 times that amount(150 bn).
Exxon got the heave ho on Sakahlin II and Elf, and other foreign companies are eagerly waiting in line to buy in.
Interesting.
With the recent Rus-Sino agreements and joint military exercises, I am getting a little suspicious of Russia.