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It's all about the oil: Russia's resurgence rests on slippery foundation
tabsey
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6-5-2008 9:25 AM
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russia
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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/3c6ce363-0106-44b3-99e2-c2e720db78b6/DC918266-1EC6-484D-ABEA-D148F5FFDFFE/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://science-community.sciam.com/blog-entry/Sciam-Observations/Oil-Russias-Resurgence-Rests-Slippery/570003315" href="http://science-community.sciam.com/blog-entry/Sciam-Observations/Oil-Russias-Resurgence-Rests-Slippery/570003315" style="font-size: 11px;">science-community.sciam.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://science-community.sciam.com/blog-entry/Sciam-Observations/Oil-Russias-Resurgence-Rests-Slippery/570003315"><DIV> MOSCOW—With summer solstice approaching and twilight lingering until an hour before midnight, nothing, not even cool temperatures and a brisk breeze, can keep young Muscovites from parading in and around Red Square. For the more fashion conscious young women, short skirts, Calvin Klein jeans atop three-inch heels and bare midriffs are de rigueur.</DIV></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://science-community.sciam.com/blog-entry/Sciam-Observations/Oil-Russias-Resurgence-Rests-Slippery/570003315"><DIV>What's behind it all? Oil, as longtime Russia scholar Marshall Goldman points out in his new book, Petrostate: Putin, Power, and the New Russia. As the <A target="_blank" href="http://www.sciam.com/article.cfm?id=crude-awakening-price-of">global oil price</A> has surged over $125 a barrel , no country has benefited more than Russia, one of the world's top exporters. Oil production surged to 481 million metric tons in 2006, up 60 percent from a decade earlier. And every bit of that increase was available for export because domestic consumption actually fell slightly over the period.</DIV></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;"> </td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/DC918266-1EC6-484D-ABEA-D148F5FFDFFE/blog/" title="blog or email this clip"><img src="http://content6.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>
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