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This Spells Big Trouble for the Russians

by Dr. Kent Moors | published December 3rd, 2013

It seems the shoe is on the other foot for a change, making for some interesting developments here in Moscow.

It’s the sixth time in as many years that I’ve been invited to give a briefing during the annual policy meetings held by the Ministry of Energy. This trip, however, is not like all the rest.

Instead of the usual certainty, there is a noticeable indecision in where Moscow plans to move next.  

As an OEI reader, you probably know the reason.  It’s unconventional crude and it’s completely changing the global landscape.

And while North America has been the focus of this new source of crude, it’s the global unconventional reserves that have started to change the dynamics in the cross-border energy balance.

Here’s why that has the Kremlin worried…