NationStates Jolt Archive


Russia to join OPEC?

Marrakech II
26-12-2005, 18:29
http://english.aljazeera.net/NR/exeres/AFF67E8D-068C-4C6B-9825-0DFB1E17256E.htm


This might get interesting if Russia joins up to the OPEC cartell. Somehow visions of the 70's oil crisis pop back into my head. You think this would have any long term drawbacks? In my opinion I believe gas prices will rise. Russia needs cash and this would be a great cash cow for them.