Lets be brutally honest, the only reason we are in the Middle East is for the OIL. To preserve our access to oil we get involved in all kinds of crap like we are faced with today. But Russia might have even more oil than the Saudis and the Gulf Emirates togeather in Siberia. Their economy is still in the tank, and they dont have the capital to do anything about it.
That is where we come in. The US does have the know how to find, draw, and ship the oil. And we are the biggest oil market in the world. The following link is a ad, but it was the first thing that came up on AOL Search and it addresses the case perfectly for conversation purposes: [url]http://home.talkcity.com/TreasuryDr/jamesgrimes/[/url]
In fact Russia is already helping us, these low gasoline prices we are seeing- and looks like we will continue to see throughout the winter, are not JUST because of people not traveling. They are partially because the Russians are dumping petroleum on the market. Even though they do not yet have quite the production and sipping capacity that the Arab States have built up over the last 50 years, they still make a big enough dent in a depressed market to drive prices through the floor.[url]http://www.nationalreview.com/kudlow/kudlow101201.shtml[/url]
And this is the reason why, since 9/11 Putin has been wandering around with a shit eating grin on his face. Russia is valuable again, they are a player in the world stage. Not because of her military this time but because of her new economic power.
We need to get in on this before the EU does. The US needs to begin serious work in improving Russian energy production in all sections but especally oil and petroleum products production. If we did this we would break OPEC and stop having to pander to Islamic sentament.
There is one other project that would sinch the deal. Build a Tunnel under the Bering Strait for two way rail traffic and a major oil pipeline:
[url]http://arctic.net/~snnr/tunnel/[/url]
This would also serve to partially offset the outflow of cash to Russia for the oil. Russia has trouble feeding itself still. And the one thing that the US and Canada produce more of than ANYTHING its foodstuffs of all kinds. We build the tunnel, and flood the Russian market with wheat and other foodstuffs on trains running day and night, 24/7/365 regardless of weather. Food for oil, simple exchange.
And if Russia were to get full of itself? Simple, go back to the Middle East. But with this the oil market would finally be a FREE market.
Anyone else think this is a good idea?