I don't think a lot of the world quite knows how strong the bear is right now... I was reading somethign not too long ago about their oil and gas exploration practices. Apperantly they reject the science 'we' use for exploration in that they don't believe oil to be a fossil fuel, but rather it is generated deep in the earth (in the mantle I think). They use completly different geology in searching for oil. The point of the article I read was that they are getting something like 80% success rates when they drill using their science. We get something like 10% or so the article suggested. Basically we play a hit and miss game. They know what and where to look... and they're getting oil in areas where OUR geology says none exists. Basically, we have no idea exactly what the strengths of THEIR reserves are. Oil is power.
One thing that seems clear to me is that in the time Putin has been there things have mostly migrated backwards to what they were, and he's still firmly in control even if 'president' is no longer his title. He means to have power. He has power and he's going to keep power regardless whether people like to think of Russia as a democracy today or not. It's a democracy in name only. In the times of ole Boris I think there was probably some desire there to move towards democracy. There isn't today. You're quite correct tho. They're not our friend and have no intention of being our friend.
On the other hand, where is Europe to get it's gas? I think if given a choice between the devils to the southeast of them and the Russians I'd take a chance on the Russians. The North Sea is mostly in decline at this point... I think you'll also find that the problem with Gazprom is one of money. Either they can't won't supply gas for the current market price or there's some other outstanding issue they have with points west in which they use the gasline to get what they want. There's nothing new about that game with the ruski's. There might be some legitimate gripes there too. Europe just needs to figure out how to deal with the Ruski's and figure out what it is that they want...
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Today's Featured Article - Earthmaster Project Progress Just a little update on my Earthmaster......it's back from the dead! I pulled the head, and soaked the stuck valves with mystery oil overnight, re-installed the head, and bingo, the compression returned. But alas, my carb foiled me again, it would fire a second then flood out. After numerous dead ends for a replacement carb, I went to work fixing mine.I soldered new floats on the float arm, they came from an old motorcycle carb, replaced the packing on the throttle shaft with o-rings, cut new ga
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