The economics of Opec

ChrisD(RJ) chrisd at russiajournal.com
Mon Mar 31 04:28:29 PST 2003


Michael Pollak wrote:


> 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.
--- Russia's oil production has outstripped Saudi's since January.



More information about the lbo-talk mailing list