Wednesday, July 23, 2008

OIl Flow

Putin Orders Restored Oil Flow to Czechs
Published: July 22, 2008

MOSCOW — Russia’s prime minister and former president, Vladimir V. Putin, instructed his government on Monday to restore the Czech Republic’s flow of oil, reduced after the Czechs signed an agreement with the United States to base a missile defense radar on their territory.

As the Russians oppose that system, the slowdown in oil supplies had stirred speculation Russia was retaliating by curtailing energy exports to that country, something the Russian government denied.

Oil supplies dropped about 40 percent on July 9, the day after the Czech government signed the missile defense deal with Secretary of State Condoleezza Rice in Prague, and have remained at that level since.

I'm fascinated by this story on a very elemental basis -- what we do what we say what we want and why...

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