Tuesday, July 07, 2009

Russia and America's Energy Future

In light of President Obama's trip to Russia, National Center for Public Policy Research Senior Fellow Bonner Cohen and Dow Jones Newswire Journalist Alexander Kolyandr discussed Russia's energy resources and U.S. energy policy on the Fox Business Channel this morning.

Among other things, Bonner addressed the conundrum that Russia has extensive oil resources that are difficult to get to, while U.S. oil companies have the technology to get to it. Yet Russia's legal structure is, as Bonner put it, a "kleptocracy," which makes it difficult for any U.S. company to do business there.

Bonner also discussed the limitations of the Obama Administration's reliance on renewable fuels.

E-mail any comments to the National Center for Public Policy Research at [email protected].
Subscribe to this blog's feed.

Labels: , , ,

Posted by Amy Ridenour at 9:24 AM

Copyright The National Center for Public Policy Research