Who Knows The Truth About Russia's Oil ?

Question

I remember reading that Russia does have much oil , but difficulty in retrieving it and processing it .

So who's got a link with the facts ?

Answer 1

Please also see information about the "orange movement" in Ukraine. Know also America is the largest oil producer in the world, but, we have difficulty in retreiving it and processing it.

Answer 2

The real problem is 27 bucks a barrel. That's all an energy company can make in russia. Every dollar made over that amount, is taxed at 70%. Who in their right mind is going to invest billions in extraction, and refining at those rates?

Answer 3

what makes you think that even the Russians have the facts?

their economic system is so mucked up by government interference, could you trust the cost data even if you could get it? [There could well be hidden subsidies which keep costs down so profits can be claimed and taxes assessed. You may have noticed that 'free' Russia has severe problems collecting taxes.]

Oh.

Answer 4

This is the best site I have found about the oil businesses.
http://www.oilvoice.com/m/default.asp

This library has oil maps:
http://www.lib.utexas.edu/maps/map_sites/oil_and_gas_sites.html

Check out this Iraq map of the oil wells there:
http://www.lib.utexas.edu/maps/middle_east_and_asia/iraq_oil_2003.jpg

Answer 5

dude enough with Russia crap
if it wornt them we would be talking German right now, cut the $hit already!!! Cupeesh?

at least Putin knows Kung Fu unlike Prez Bush who cant spell Afghanistan

Answer 6

I think most of it is in Siberia and they have a very long pipeline.
BP is the ones pumping it out.

Answer 7

http://online.wsj.com/article/SB105767924242111100-search.html?collection=wsjie%252F30day&vql_string=Russia%253Cin%253E(article-bo