
Blogbats Newseye Updated 16:47 (22:47 UTC)- Latest Blog 27.September.2004
SHOCKING VIDEO: Storm troopers' Rape of Human Rights in China
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-The Chinese people yearn for Freedom
Russian Oil is Fast Creating a Slippery Slope

Russian Oil company Yukos, now for sale, is facing bankruptcy and economic collapse.
The company, somehow unable to turn a profit as oil on the world market surges to historic highs and China, now the worlds second leading oil consumer living right next door to Russia is practically begging for more oil. So what’s the problem? Just last Saturday Chinese Foreign Minister Li Zhaoxing said things with Russia couldn’t be more peachy. Yet Yukos falters, It’s former CEO in prison under dubious circumstances and China can’t get any of the black, greasy stuff.
So is Putin cutting off his nose to spite his face? Or the faces of his own people, who have suffered the ravages of economic weakness for nearly a century- I can’t help to wonder about the endgame.
So I am left with a gaggle of questions.
First, can we expect a sudden dump into the market of Russian oil after the US elections are concluded and if so, what will that tell us since we know that Putin controls Russian trade (not to mention everything else these days). Maybe Putin is one of Kerry’s “world leaders” or maybe he just wants to be “in” even more so with France, but clearly US-Politik has been a factor in many of Russian, French and German policy decisions, even to their own hurt.
Will a more-stable Iraq increase production and cause the prices to soften?
And what exactly were Russia’s interests in Iraq and its oil prior to and during the war and with the UN Oil-for-Food scandal, beyond the short term? Perhaps it is because Russia has been more than happy to take advantage of cheap, under-the-table Iraqi oil provided by Saddam Hussein rather than investing in the infrastructure necessary to enjoy the huge oil reserves which lay under the soil of Russia’s vast territory, that Russia had its military advisors and weapons systems in place around Baghdad when the US invaded. But why would Russia go after Yukos, which had been successfully investing its own money in Russian oil? It would seem logical that now, more than ever the Russian economy needs Yukos.
So, who benefits from the sale of Yukos. Better yet, who will buy Yukos? And what will Russia do to satiate the world market- not to mention its own- if anything in what would seem to be a win-win strategy, with exception to the case of Middle Eastern OPEC members.
Resources:
Russian Deputy Minister Says Sale of Yukos Assets Should Bring US$15B
Russian chief oil giant faces bankruptcy, sale expected to help relieve debts
Yukos Accounting Division Raided
Oil Prices at All-Time High: US$49.64/barrel
Russian Oil Tycoon Indicted in What Some Say Is a Political Move
Former Yukos CEO Mikhail Khodorkovsky was arrested in December 2003
Khodorkovsky Denounces Reports of Yukos Mafia Ties
Khodorkovsky Complains His Lawyer Can’t Hear Him
Yukos-linked Fund Investigated
Khodorkovsky Calls for Solidarity Against Terror
Human Rights Court to Study YUKOS Case
BBC: Will Khodorkovsky Get a Fair Trial?
OpenRussia.info: U.S. State Department Views Khodorkovsky’s Case as Politically Motivated
View Official State Department Report Here
International Bar Association to Putin: Confidential Case Documents
Taken from Khodorkovsky’s Attorney by Prison Guards make IBA “Extremely Concerned”
China: Won’t You Be My Neighbor?

ChinaDaily.cn: Premier's Visit To Russia Strengthens Relations
But will it help China get the pipeline from Russia it is asking for
China Now Number 2 Largest Oil Consumer
China Wants to Buy More Oil from Russia
But Russia may lay pipeline to Japan instead
More Putin Politics:
Candidate Against Putin Disappears Before Election
It’s not just about Party, but power:
Ivan Rybkin, who was the chief candidate running against Russian President Vladimir Putin last year, who like Putin is a Leftist, disappeared shortly before elections were held. He later resurfaced. Socialists were not very happy. Radio Free Europe now describes Rybkin as a has-been.

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OPINION & REVIEWS
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And Why Do They Support the Terrorists?
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But Some Disagree if Poor Border-Control and Terrorism go together
11.JULY.2004 ISSUES REPORT - “F” Is For France AND Faint of Heart…Or Is It?
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07.JULY.2004 ISSUES REPORT - Police Politics and Runaway Crime in Dallas
Rewind:
01 September 2003 RUSSIA: Do Pensions Prove a Penchant for Local Manipulation?
30 August 2003 North Korea Sticks to Script But Bad Actor
Performances still enjoyed by children
Related:
North Korea later confirmed in the 08 September WorldNet Daily Article, "New Axis of Evil?" and the 10 September Reuters headline about Russian military support
07 August 2003 First Amendment and Do-Not-Call – It’s All About Who Owns the Presses
06 August 2003 The Paine’s of American Society
20.09.04 Funnies- A BLOGBAT EXCLUSIVE: Rather-Mapes “CYA” Memos Unearthed
04.04.04 Funnies- Humour Blogbat style
06.02.04 More Funnies
04.04.04 More Funnies...Again!
14.05.04 Et more les funnies!
16.07.04 Et more les funnies!
16.07.04 Et even more les funnies!
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EXTRAS!

Election Mania!
Check out Blogbat's Democrat Candidate Demystifier Tool
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OUTSIDE COMMENTARY
15 Things I Don't Understand about the Mideast Peace Process
by Rabbi Ephraim Shore, Aish.com (props to Mishlei who first posted this)
Related:
France Pledges Support to “Palestinian” Arab Cause
Bush's Victory Over Terror
Interesting, though incomplete perspective by Henry Lamb on the war waging since before the fall of the Shah of Iran, it is nonetheless an informative piece

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