The Russian Energy Inc powerhouse is taking shape, and man oh man, it is a formidable juggernaut capable of disrupting the global balance of power. Major Western energy giants struggle to keep pace, join forces in incestuous unconstructive fashion, and have become increasingly “bit players” in the scheme of things. The Seven Sisters from the US & Western Europe seem like rented high school prom queens by comparison. The Russian dames are supermodels on the runway, not much on earning style points (rude, pushy, intimidating) but incredibly impressive chassis to behold (nice bodies) !!!
RUSSIA COURTS, THEN TORTURES EUROPE
Let’s be plain. The Russian energy conglomerate is an extension of the Russian Govt, controlled by President Putin, and dominated by Gazprom. In the US realm,
Exxon Mobil might be the biggest and richest energy giant, but it is a bloated obese frumpy stodgy stalwart by comparison to Gazprom. XOM is more interested in stock options, retirement golden grants, and investment cutbacks than true discovery and powerful growth. The Vice President of Russia is Dmitri Medvedev, who happens also to be the Chairman of Gazprom. In the United States, we fake it, with VP Cheney pretending to have no allegiance or formal connections to Halliburton. Charitable donations cloud his direct personal gains in the form of HAL stock options.To say HAL has marginally benefited from the current USGovt administration is like saying Costa Rica has decent looking countryside, coasts, and ladies (no, they are each breathtakingly beautiful).In Russia, the Gazprom and Medvedev tie is boldly stated and used to great advantage like a weapon and a calling card. This is a juggernaut to be reckoned with, to be respected, to be dealt with, and not to be betrayed or trifled with. Permit me to go out on a limb, and forecast that the next Russian President will be Medvedev, with probability of at least 98%. Any new political opponents might find themselves in court over income tax violations, criminal fraud, or sedition, perhaps simply blocked from ballot position during the national vote. There is precedent for such blockage.
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http://www.financialsense.com/fsu/editorials/willie/2006/1228.html