Me n' Big Oil
Well, I'm not sure what you know about Lukoil
. They were named in the Oil-For-Food
investigation. And yeah, gas is expensive. I'm not saying I know much about Lukoil myself; I'm just saying I bet you wouldn't be a fan. I can't vouch for disinfopedia, but I won't argue that they are not just big business; they are Russian
And so Conoco just bought them
. I mention this because I own a little bit of Conoco stock. They have one of those Drip account things and I have a few shares.
I feel so deliciously eeeeevil
Really though, this is a good thing. It is a record breaking privatization in Russia, it adds a buttload of non-Middle East oil to our options in the US, some stability for everyone. I am no expert, and there are angles I couldn't possibly understand about it. I'll grant that. Supposedly the deal was a good one and as a free trade move it was probably a good thing all around.
But since I am glad, I expect Dick Cheney to catch heat for this somehow. Somewhere, they will say, Cheney is rubbing his hands together and sneering at you to Go F%$# Yourself.
posted by M@ at 1:14 AM