Russia on the Rise
6/5/20
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from TPPF,
6/4/20:
What to Know: Russia is seeking to become the world’s dominant oil producer.
The TPPF Take: That’s why Russia fears U.S. energy dominance.
“The last decade has seen a tectonic shift away from OPEC and Russian imports and toward North American production,” says Allen Gilmer. “We have gone from relying on tenuous trade relationships with authoritarian and usually unstable nations to being able to provide low-cost energy to parts of the developing world that desperately need it — empowering our brothers and sisters to recreate the ‘American Miracle’ in their own countries.”
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