Robert Roth
Nov 17, 2023

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The issue I was wondering about is what happens to Russia oil industry as demand drops and the rest of the world favors anything expect Russian oil. As demand drops likely the price does as well plus rest of the world can supply demand. At the same time Russian oil output drops as the aging soviet infrastructure is deflated. Guessing the west won’t offer technology upgrades to Russian oil infrastructure as the industry is declining. If so how is Russia planning to deal with a drop in GDP? Is this why they invaded Ukraine, to rob Ukraine’s resources?

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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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