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Mr. Obama & the US & Saudi Arabia Not Being Nice to Russia & Mr. Putin
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HenryDavidT
Oct 16, 2014, 5:34:24 AM10/16/14
to
http://www.theguardian.com/world/iran-blog/2014/oct/15/iran-urged-emergency-opec-meeting-due-to-falling-oil-prices
Through manipulating oil prices.
This crude oil price drop, of course, is good for the general consumers, for a couple months at least... so I doubt many people would come to Mr. Putin's --- oil man of Russia's --- defense...
A couple months ago, when Putin first marched into Crimea, and, then, into eastern Ukraine, some Russian expert commentator, from Russia, said Putin's ability to stay as the dictator would last only if oil price didn't come down to the 75-85 a barrel range; and that if it did, for a year or more, that there would be regime change in Russia, as both business men and women and citizens alike would not have a collapsing Russian economy, with Putin putting hundreds of billions of dollars, a year, into inedible military activities.
Unlike the USA and Western European nations, Russia gets a very substantial part of its operating budget directly from oil sales; so if crude oil prices drop to the $80-range, or lower, and stay there for a year or more, Mr. Putin would indeed be in trouble...
http://www.reuters.com/article/2014/07/31/ukraine-crisis-russia-economy-idUSL6N0PY3D920140731
Through manipulating oil prices.
This crude oil price drop, of course, is good for the general consumers, for a couple months at least... so I doubt many people would come to Mr. Putin's --- oil man of Russia's --- defense...
A couple months ago, when Putin first marched into Crimea, and, then, into eastern Ukraine, some Russian expert commentator, from Russia, said Putin's ability to stay as the dictator would last only if oil price didn't come down to the 75-85 a barrel range; and that if it did, for a year or more, that there would be regime change in Russia, as both business men and women and citizens alike would not have a collapsing Russian economy, with Putin putting hundreds of billions of dollars, a year, into inedible military activities.
Unlike the USA and Western European nations, Russia gets a very substantial part of its operating budget directly from oil sales; so if crude oil prices drop to the $80-range, or lower, and stay there for a year or more, Mr. Putin would indeed be in trouble...
http://www.reuters.com/article/2014/07/31/ukraine-crisis-russia-economy-idUSL6N0PY3D920140731
AEON
Oct 16, 2014, 4:05:39 PM10/16/14
to
HenryDavidT
Oct 17, 2014, 9:26:05 AM10/17/14
to
On Thursday, October 16, 2014 4:34:24 AM UTC-5, HenryDavidT wrote:
http://www.businessinsider.com/russia-burned-13-billion-to-prop-up-the-ruble-2014-10
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