Energy Imperialism? Is the Georgian Conflict All About Oil? Could the Kremlin's latest bid for energy dominance boomerang and finally wake up the West? The prevailing wisdom says Russia's military incursion into Georgia was really all about "energy imperialism." The Kremlin doesn't like any challenges to its energy hegemony, which Georgia's part of the BTC pipeline clearly represents. And Russia's strong response, the thinking goes, basically ends any Western hopes of getting other Central Asian countries to stand up to Moscow with pipeline projects of their own.
7 comments
Thanks to rising oil prices, Iraq will enjoy a $79 billion surplus by the end of the year, according to a report requested by a bipartisan group of senators. While the US has spent $48 billion in American taxpayer money on Iraq's reconstruction since 2005, Iraq 
