> This also raises another interesting question, namely Russia. Most of us
> have long forgotten that the Soviet in the last year of its existence
> pumped 12.5 million barrels of oil a day -- 2 million more than Saudi
> Arabia's maximum. Today that production is spread out among several
> countries, but Russia's production alone might soon rival Saudi Arabia's
> if current investment and pipeline schemes pan out fully. It's an
> interesting thing to think about for the future of Saudi Arabia's (or
> anyone else's) market power position. And for Russia's interest in events
> that might impinge on the oil market.
Why Russia can't join the Opec, Michael?
Ulhas
> Michael