will trade with Russia assist the oil production to alleviate the demands of oil throughout the world? Expalin
85701
only as long as russia remains in control of there assets.\nthey have opend up new contracts for oil companies some were booted out also due to there demands,but there are vast fields there of oil and natural gas,and they do sell to china japan the us and europe,they are simply at the mostly max ability at the moment due to aging stations and abilities to transort it,new pipelines are going up and new routes opening due to ice melt and exposing even more fields,so global warming has its good sides also,doesnt it
1031004
I do, between China and Russia against America.\nIran gives all its oil the first 2 countries and none to America. China is expected to be the world's biggest economy by 2006. It has nuclear weapons, 1.2 Billion people, the world's biggest army.\nIt has great links with Russia, their biggest Arm's supplier.
78496
Really doubt it, I think Israel with destroy any attempts of nuclear fission, as they did in Iraq.\nIf the discussions carry on the same way, then the US & EU will enforce sanctions, probably with the backing of Russia & China.\nIran may inflate the price of Oil, which could be an issue, as they're the 4th largest supplier in the World... & the US could go in to sieze the oil fields, as they did in Iraq.
382180
Of course not. \n\nUnlike the case of the 1970's embargo, there is no shortage. Oil and gas are abundant. The oil producers and their cronies realized that a demand for the product exists at a higher price, and have proceeded to manipulate the market to jack up the price. Of course, the government is looking the other way. In the past, everytime they tried to do that, a small portion of the Strategic Oil Reserve was released and oil prices soon dropped. \n\nWhy is that not being done now?\n\nCan anyone guess the answer? \n\n(A cue: remember Farenheit 911?)
610032
you must remember that developing nations like china and india are consuming more and more oil, just like the united states\n\nprices will keep going up..
640569
Same reason.\n\nThe US wants control (influence) of the entire oil-producing region, so that they can ensure a regular supply.\n\nIt's not about individual countries.
334707
No, it only gets bigger every day.\n\nIn relation to the US's moral superiority and credibity- those are fading, but that has little to do with being a superpower- USSR had neither, but had as large or larger impact on the world than the US for a long time.\n\nEconomic influence- while our % of oil consumption is decreasing in relation to the whole world, we are still the biggest consumers of oil and everything else worldwide.  That for a country which is only 5% of the worlds population.  Everyone needs to to business with the US.  This is why we will never have real trouble with China, BTW-- they need us to buy things.\n\nMilitary- We are unmatched.  Whenever NATO or the UN decides to do anything, US always carries the lions share of the burden.  The world won't act on anything without us doing most of the work.  Unfortunately that is why we get Rwandas, Bosnias and Somalias-- when we don't get out butt in gear, the rest of the world sits around whining about why the US won't do anything.\n\nPolitics- sucks everywhere. Ours still has more influence because of the two reasons above.\n\nImage- Probably not so great.. all the other countries think we should do things differently.. but again, most of them don't do anything.
717124
Oil and other natural resources valuble to the US
373802
Eventually, the demand for oil will continue to increase and the supply will continue the decrease.  The only practical solution is to move towards alternative fuel.
1108557
I will think so.  Yes, $70 per barrel seems to be too high.  However, with the increasing demand from developing countries like China and India, oil will probably reach $90 by this year end and over $100 next year or so.
397998
Not necessarily a world power as it once stood. The Soviet Union or "Russia" is now a remnant of its former self. The poverty caused by the former Communist empire still remains however, as does the nuclear weapons. Russia still plays an important role in world politics in organizations such as the G8.
372292
I don't know about Chinas' interest in Iran, but in the newspapers in the UK it says the Russians have interest \nin some oil fields
419653
greece would help russia, of course.
589496
Yes it will if it does not maintain its superiority in the technology that controls the new technological age ahread.\n\nIn the 16th 17th and 18th centuries the great empires relied upon technological command of the seas. Portugal and Spain split the new world and far east into two parts between.  The Pacific was a Spanish lake with the exception of the agreed upon division with Portugal.  The energy provided by Spanish sea power created and maintained this empire for over a hundred and fifty years.  The Dutch and English then began their rise to power based upon technological innovation in sea power and the massive loss of the Spanish Amada in the English Channel.  The race for sea energy was won by the English over the Dutch while the French, by virtue of their developing fleet, challanged the English in a world war the resulted in the French losing colonies all over the world, including in North America.  By 1765 English sea power had become supreme in the world.  The United Stats, as it developed, began as a sea power not long after its independence, but, it was British sea power that controlled the world sea lanes.\n\nAt the same time England was able to advance beyond all other nations in technolocical development because of the industrial revolution  going there due to the discovery of vast amounts of coal and iron for the making of cheap steel. England maintained its world leadership and extended its empire until world war I when its decline began and the rise of U.S. power began.   Again the U.S. rise to power resulted from its technological development of energy from oil which became abundant in the U.S. after 1900.\n\nBy 1900 it was clear to American naval leaders that sea power is what controlled the world and that sea power would be controlled by those who controlled the energy (oil) that would propell the ships of the 20th century navy.  Thus the U.S. began its rise as a sea power based upon its control of a huge supply of oil.  By the end of world war II it was the only superpower,until the Soviet Union decided to challange it with resources that it did not have until it finally  collapsed in the late 20th century.\n\nSince before World War II the search for energy and and the control of energy has motivated and created the American empire.  America's energy at home, however, is running out and it has become dependent on oil located in lands that, for a variety of reasons, have become hostile to the U.S.\nIn addition new powers are arising: China, India, Indonesia, all of which are developing and have a new and great need for oil.  The supply of oil to the U.S., therefore,is shrinking and the price is, therefore, rising.\n\nSo you see why we are really in Irac which has a vast untapped oil supply.\n\nHowever, oil is going to run out for everyone some time.  So the question of American superiority needs to address the energy that will follow oil.  This is wind, geothermal,hydrogen, vegatable, the sun itself directly, atomic and who knows what might be developed in the future.\n\nThus the battle for oil is shortsighted and American superiority can be maintained only it is is able reduce its dependence on oil and take control of the new energy technologies of the future.
881664
Yes. Consider "oil supply" or "Oil reserves" if appropriate.\n\ncc
1094896
Yes, there's an effect, but no it won't affect today's price.  It takes a while for the cheaper oil to make its easy through the refineries and actually get to the gas station, so there's a bit of lag time.\n\nThere's a decent article here about prices: http://www.npr.org/templates/story/story.php?storyId=5365439
1146179
I would say yes, its very remotely possible.  If the world oil reserves somehow proved to be way, way smaller than anticipated, and we suddenly ran out of petroleum.  That would pretty much change our way of life, probably forever, as most other real energy sources that could keep industry up and running are a good number of years away from being realized.