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Wednesday, May 15, 2002

standard oil

nothing terribly new in this screed about us oil imperialism but an illuminating read nonetheless especially in light of the failed venezuelan coup and our recent rapprochement with russia and todays un sanctions reversal for iraq. and it would seem the last two items are related as one of the prime beneficiaries of the sanctions overhaul is russia which according to the article had lost $700 million in business as a result of the sanctions.