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Old 09-08-2008, 04:08 PM   #6
JohnR
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Join Date: Feb 2000
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Quote:
Originally Posted by nightfighter View Post
It's all about $$$ and the oil in Georgia, period. Look at which two countries were making noise last week, trying to keep the price well above $100/barrel; Venezuela and Russia. The Russians are always about cash, cash, cash. The Middle Eastern producers, even including Iran, are OK with the recent drop. They don't want to kill the goose that laid the golden egg....
Russia doesn't want cash, it wants influence. Go back 20 years and switch Petrorubles for Red Army Divisions and it looks like the same play. Unfortunately the last 2 administrations missed opportunities to bring Russia in as a partner, instead they threw money at it and told them to keep their ball off the playing field.

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