Russian Threats Fueled By High Oil And Gas Revenues
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America’s adversaries are generally buoyed by the possibility of an untested, inexperienced White House and an internally focused liberal Congress.
The Russia President, aka Putin’s Parrot threatened today to pull away from NATO with all that implies including a slide into another “cold war.” Russian natural gas and oil flowing from the Caspian basin through Georgia and to a Mediterranean Sea terminus and port in southern Turkey is funding its global mischief.
Russia has threatened a renewed “Cuban Missile Crisis” by using the island to refuel nuclear capable bombers that could prowl the Caribbean encouraging America’s enemies like Venezuela and Cuba.
Russian ire is provoked in part by its former slave states Poland and the Czech Republic asserting independence and increasing support for NATO neighbors by installing U. S. supplied anti-missile radars and anti-missile missiles.
Russia’s bluster is funded by high natural gas and oil prices. For each dollar oil prices fall Russia loses millions. The recent pullback from $147 a barrel to $115 has cost Russia billions. Economist point our Russia is spending at a rate of $100 a barrel of oil so a further decline would have profound impacts.
If the U. S. throws the switch on more oil production that would put even more downward pressure on oil prices and Russia while moving America toward oil independence. America’s adversaries are generally buoyed by the possibility of an untested, inexperienced White House and an internally focused liberal Congress.
