I've been doing some research on oil production and Russia. I'm going to make a statement that many will not agree with but is probably precisely true.
"Russia and China together are undoubtedly vastly more powerful than the US."
Although the US has two key advantages (Military and Currency) both are in preposterously precarious situations.
The dollars monopoly as the worlds currency is in dire threat and in fact if we had not invaded Iraq and if we don't invade Iran (and even if we do) our economic position is precarious at best.
Russia has mastered oil production. Not only that but its reach as oil supplier only grows. Gazprom makes even larger companies like Exxon-mobile look like model T's which has favored short term gains from short drilled wells and no longer have a solid supply base. Russia has become "World’s Leading Oil Producer." None of this has been worth mentioning in the American media.
Some of the far reaching tentacles of Gazprom (Russia's state-owned energy producer.)
In September 2005, Gazprom’s first liquefied natural gas carrier arrived in the USA. The LNG was delivered based on contracts with British Gas Group and Shell Western B.V. Under the contracts, the LNG had been purchased from British Gas Group and sold to Shell Western B.V. for marketing in the US.
Gazprom’s second LNG carrier arrived in the US in December 2005.
In September 2006, Gazprom and British Petroleum (BP) clinch the deal to supply liquefied natural gas to Atlantic Basin countries. In accordance with the Agreement, over 2006 to early 2007 BP will be supplying LNG to Gazprom for marketing in Atlantic Basin countries. BP’s first 135 thousand cubic meters of LNG carrier was loaded in September 2006 at the Point Fortin seaport (Trinidad & Tobago) for delivery to the Cove Point regasification terminal (Maryland, USA).
GREAT BRITAIN
In April 2006, Gazprom shipped its first LNG to the UK-based Isle of Grain terminal. The LNG was purchased from Gaz de France and sold to British Petroleum. The LNG supply volume averaged 140 thousand cubic meters (some 85 million cubic meters of natural gas).
JAPAN
In August 2006, Gazprom supplied its first LNG cargo to Japan. The LNG was purchased from Mitsubishi Corporation that had bought it from Celt (a joint venture between Mitsubishi Corporation and Tokyo Electric Power, Inc.). 145 thousand cubic meters of LNG (some 92 million cubic meters of natural gas) were supplied ex-ship to the Chubu Electric Power-owned Chita terminal.
SOUTH KOREA
In October 2006, Gazprom supplied its first liquefied natural gas cargo to the Republic of Korea. The LNG was purchased from Mitsubishi Corporation that had bought it from Celt. 145 thousand cubic meters of LNG (some 92 million cubic meters of natural gas) were supplied ex-ship to the KOGAS owned Pyeongtaek regasification terminal.
Note: All of the above LNG operations have been effectuated via Gazprom Marketing and Trading Ltd., which is part of Gazprom Group.
Partners
GAZ DE FRANCE
Russia is the largest supplier of natural gas providing about a quarter of Europe’s gas demand.
90 % of gas consumed in France is imported under long-term contracts and produced domestically. The share of Russian natural gas amounts to about 25% of gas consumption. Thus, Russia is one of the leading suppliers of "blue fuel” to France. Natural gas plays an important role in economic relations between Russia and France. Gas supplies comprise from 20 to 30% of the foreign trade turnover between the two countries.
Cooperation between Gazprom and the Gaz de France company in gas supply started in 1976. Over the time, Gazprom and its Gazexport subsidiary have provided Gaz de France with more than 225 bcm of natural gas under long-term contracts.
At present, Gaz de France buys from Gazexport 12 bcm of gas annually.
4 bcm of natural gas are transported to the site of delivery in Baumgarten on the border between Austria and Slovakia. These supplies are carried out within the framework of two contracts, signed in 1975. Their term expires in 2012.
8 bcm of gas are supplied to Widehouse on the border between Germany and Czech Republic under the contract concluded in 1983 valid till 2008.
In April 2003, Gazprom and Gaz de France signed new agreement on gas supplies. According to this document, major export contract, providing for Gaz de France with annual 8 bcm of Russian gas, is prolonged by 7 years valid till 2015 inclusive. Total volume of Russian gas export to France is 12 bcm per year due to the contract prolonged.
Germany
Schroeder's Gazprom pipeline job provokes storm
Dec 10, 2005, 16:28 GMT
Workers weld a segment of the Baltic Sea gas pipeline near the town of Babayevo in the Vologda region some 650 km northeast of Moscow, Friday 09 December 2005. Russian gas company Gazprom has begun welding on the North European gas pipeline in the Vologda region. Gazprom plans to complete the construction of the first pipeline by July 2010. The two pipelines will have combined capacity of 55 billion cubic meters in 2013. The pipeline could eventually run via the Netherlands to Bacton in England, in which case it would be 3,000 km long. EPA/RIA-NOVOSTY
Berlin - Gerhard Schroeder's decision to join the board of a major Russian-German pipeline project has provoked a political storm in Germany with the former chancellor facing a barrage of criticism Saturday for accepting the job.
Militarily Russia and China are growing by leaps and bounds and have a consolidated troop presence within their own countries and major advances in technology.
This is why we keep the nukes on the table. Its our last chance. The US has nothing else beside the largest nuclear arsenal in the world and massive bombing and naval capabilities.
http://www.vialls.com/wecontrolamerica/peakoil.htmlhttp://www.gazprom.ru/eng/articles/article8927.shtmlhttp://www.mosnews.com/money/2006/08/23/russiaoil.shtmlhttp://news.monstersandcritics.com/europe/article_1068065.php/Schroeders_Gazprom_pipeline_job_provokes_storm