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Reply #17: Their infrastructure is degraded at best. The only thing that makes Russia a viable oil exporter is. [View All]

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Selatius Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-26-07 11:48 AM
Response to Reply #14
17. Their infrastructure is degraded at best. The only thing that makes Russia a viable oil exporter is.
very high oil prices. At reasonable oil prices, Russian oil becomes unprofitable again because their infrastructure necessarily makes oil extraction expensive, more so than with Iran or Saudi Arabia. For long-term stability, it would make sense to have a partner with cheap oil, not expensive oil.
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