- Russian oil production – 500,000 barrels/day, 1/2 of 1% of global production, 10% of Russian exports
- Permafrost – Damage to wells takes 30 years to repair, without oil services firms
- European oil & refined products ban – Reduces demand for Russian product, break-even price for Russian crude is between $40 & $60/barrel
- Friday seminar – Covers economic impacts of war one year out, including oil & disruptions, natural gas, raw Commodities, Agriculture, & entire supply chain
Published February 14, 2023
Visit YouTube to read Peter Zeihan’s original vlog Peter Zeihan – How Stable Is the Russian Oil Industry?
