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Don't be so quick to think that Russia will have complications on gaining the necessary American technologies to develope their oil and gas needs.
China surely has been hacking Western oil companies information for years now and will gladly share this info in exchange for much needed cheap fuel. The West have had their heads up their ...sses for so long now, they have grown smug and they think the rest of the world is too stupid to work things out.
I think that if the new banking cartel of China, India, Brazil and Russia (did I get that right?) is realized, coupled with Russia's attention turned towards not only the Far East but places like Iran and Africa, they won't need us.
Aug 25, 2014 10:30 PM
Reply to this commentThis article seems to be confusing "horizontal" fracking, with the drilling of a tunnel under the Heilong Jiang River to complete the Power of Siberia Pipeline. The USA, it not the "expert" on drilling such tunnels. The Chinese are as evidenced by their tunnel under the Yellow River as part of the South-North Water Transfer Project.
Aug 15, 2014 10:44 PM
Reply to this commentThe scholars and experts cited in the article obviously are far better informed about the issues involved than some of the commentators are.
Aug 14, 2014 03:51 PM
Reply to this commentComplete rubbish and disinformation. Both Russia and China have encough technologicial resources. They have been extracting petroleum energy far more efficiently than the West well before the U S entered the Middle East. What the Americans now have is only finance capital - the dollar. Once energy invoicing, dollars dominance in finance capital also evaporates! So America would need to pay for imports in other reserve currencies. America would need to maintain foreign currency reserves like all other countries instead of printing, Georgies to Benjies !
Aug 12, 2014 10:24 PM
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Thank you for the laugh. Now will you clearly state who provides you financing?
Dec 19, 2014 01:03 AM
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