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THE NEW WORLD OIL ORDER, Part 2 - Russia tips the balance
Post Date: 2006-12-03 08:46:02 by Starwind
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Russia has set the agenda for the global transition to an entirely new model of international energy security designed to address intensifying concerns, especially those of the rising East. Russia, possessing unequaled energy-based leverage, has taken the leadership among the world's producers and the rising powerhouse economies of the East to promote a vast worldwide web of alliances and ties prominently featuring rigid bilateral, private long-term supply contracts. This model runs counter to and increasingly circumvents the established liberal US-backed global oil market denominated in US dollars. The West relies on the current order for its energy security. It cannot function without ...THE NEW WORLD OIL ORDER, Part 1 - Russia attacks the West's Achilles' heel
Post Date: 2006-12-03 08:45:38 by Starwind
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Russia has found the Achilles' heel of the US colossus. In concert with its oil-producing partners and the rising powerhouse economies of the East, Russia is altering the foundations of the current US-led liberal global oil-market order, insidiously working to undermine its US-centric nature and slanting it toward serving first and foremost the energy-security needs and the geopolitical aspirations of the rising East. All this is at the impending incalculable expense of the West. What is increasingly at stake is secure US access to global energy resources - strategic US energy security - because the West's traditional control respecting those global resources is seriously faltering ...Latest [Newer] [End]