Russia now world’s largest oil exporter

Russia Gains at OPEC’s Expense

“Already the world’s largest oil producing nation, Russia, pumping prodigiously through the downturn, this summer passed another milestone. As Saudi Arabia tightened its belt to live by OPEC cuts, Russia surpassed it to become the world’s largest exporter.”

The USA should be working really really hard to build positive relations with Russia. They are now the world’s largest oil exporter, and Russian government and society is a model of transparency and openness compared to the Saudis.

Plus, on a cultural level, the US has a lot more in common with Russia than practically any other oil exporting country.


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