Tuesday, October 21, 2008

Natural Gas Partnership

Russia, Iran, and Qatar may create a natural gas partnership/cartel, similar to OPEC:


Think now would be a good time to invite Russia into the G-7?

Here is what I said earlier on the G-7 (Earlier Post):

With those three new players [including Russia], the G-7 can exchange political capital for hard cash. Then, we can show them the advantages of being part of the club. Perhaps then, Russia might feel less inclined to continue to occupy Georgian soil and will avoid establishing a consortium of natural gas producers, which would include Iran.

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