Russian Resillience

According to this article on Real Clear Energy, Russia may be touring the world preaching production freeze now, but its Freeze, Baby, Freeze stance is the result of recent conversion — as this chart from the Wall Street Journal shows.

Less than a month ago, the Journal reports, “the drilling rigs of oil giant OAO Lukoil [were] helping raise Russia’s oil output to its highest levels since the breakup of the Soviet Union…”

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About Scott

Live next to Chevron refinery. Lots of petroleum consultants in the area. I am interested in learning more about the industry. Also, interested in finance, business, and investing in world markets.
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