Sunday, July 23, 2006
US Oil Companies Out as Relationship Between Moscow and Washington Deteriotes?
Here's something to watch:
President Vladimir Putin is set to keep US oil companies out of a lucrative gas field in the latest sign of the deteriorating relationship between Moscow and Washington.I can't help but think that all of these small stories coming in have huge long-term significance. ¶ 7/23/2006 10:12:00 AMThe Russian leader is expected to favour Norwegian companies and reject bids by America's Chevron and ConocoPhillips after failing to secure backing from the United States for his country's attempt to join the World Trade Organisation.
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Putin might be expected to favor our oil, but he's limited on how much Russia may buy from us. He'll be s.o.l. if he thinks of making a deal and a nod in this direction.
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