Robert Roth
Feb 4, 2025

Oil is trending down, natural gas too. EV, solar and wind are just cheaper and will continue to drop in cost. Does Russia have the cheapest oil? No that is Saudi Arabia. Will Russia need to rebuild oil infrastructure? Yes will Russia need western technology to rebuild a cost competitive oil industry? Yes but it is a declining market and own a most expensive product to extract and use.

Anyway I think China might be buying up Russian assets like iron, gold etc for cheap so I don’t an advantage to them for a strong Russia. What about the EU? Nope. The US

Robert Roth
Robert Roth

Written by Robert Roth

Retired Intel Electrical Engineer, 70's US Navy Officer Nuclear Power Program, Graduate studies in Business UC Berkeley, BSEE U of Fla.

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