Russia’s record oil output is slipping, and major tax cuts are on the way. But massive investment is needed.
After climbing for years, Russia’s output has begun to drop: It was down by 0.7 percent in April. The problem is so serious that the new Prime Minister, former President Vladimir Putin, has said the issue is [...]
1913 Intel
International Conflict, Western World Threats and Geopolitical Intelligence
Prime Minister Putin Primes the Pump
Posted by Matt in June 20th, 2008 | no comment
Published in Oil, Russia, Array, First Priority, Former President, Massive Investment, New Prime Minister, Oil Output, peak oil, President Vladimir Putin, Prime Minister Putin, Primes, Russia, Steve Levine, Tax Cuts, Vladimir Putin
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