On Jul 14, 2006, at 1:06 PM, Steven L. Robinson wrote:
> Russia is a bigger player in natural gas than in oil
Russian oil production is considerably larger than all of Latin America's, is twice Iran's, and is close to Saudi Arabia's. They consume a lot of it domestically, but their exports are still larger than Kuwait & Iran's combined.
> and given the dependency of Europe on Russian supplies, a
> collapse of that fuel hardly seems likely.
If the price fell by half, the revenue would too, no?
Doug
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