Russian Energy Rise: Don't Believe the Hype
Russia's resurgence as a player on the world stage is due largely to its energy-related initiatives, at least that's the conventional wisdom. This scholarly article argues that the conventional wisdom is based on five myths that don't add up. The author believes Russia is unable to use energy as a geopolitical weapon and is in in no position to push other countries around regarding gas and oil issues. He states that the Russian economic expansion does not have high energy prices at it roots, it's not an energy superpower and, lastly, Russia will not embark on a significant energy alliance with China. Very interesting reading.


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