I find it remarkable that in the 1950's, 60's, and 70's the former SU was correctly considered the existential threat to the US.Taboo wrote:Nah, I'm mostly just amused by how much the rouble is a token for oil prices. You'd think with 120 million rather educated citizens, the value of the currency would have some stability due to their grounding of the rouble in their taxable income, but nope. It's all oil.
Meet The Oil Shale Eighty Times Bigger Than The Bakken
But as great as the Bakken is, I learned last week about another oil shale play that dwarfs it. It’s called The Bazhenov. It’s in Western Siberia, in Russia. And while the Bakken is big, the Bazhenov — according to a report last week by Sanford Bernstein’s lead international oil analyst Oswald Clint — “covers 2.3 million square kilometers or 570 million acres, which is the size of Texas and the Gulf of Mexico combined.” This is 80 times bigger than the Bakken.
Kinda like bragging you have a $1,000,000 in your mattress. Good news for the Ruskies if true, unless of course China decides to take it.....YMix wrote:Meet The Oil Shale Eighty Times Bigger Than The Bakken
But as great as the Bakken is, I learned last week about another oil shale play that dwarfs it. It’s called The Bazhenov. It’s in Western Siberia, in Russia. And while the Bakken is big, the Bazhenov — according to a report last week by Sanford Bernstein’s lead international oil analyst Oswald Clint — “covers 2.3 million square kilometers or 570 million acres, which is the size of Texas and the Gulf of Mexico combined.” This is 80 times bigger than the Bakken.
