E-Mail Address: Password:
Forgot password? [login]
Home Articles Stocks Faq About Us Contact Us RSS Feeds February 9, 2010
SEARCH:
Energy Tribune Jobs
(click here)
Featured Stories
Guest Opinions
Americas
Europe
Russia
Middle East
China
Australasia
India
Africa
Nuclear
Commentary
Print Issues
China And The “Denier...
China’s Oil Imports C...
White House Needs New...
India and China Face ...
The Botched Airline B...
Corn and Coal: The Co...
Obama’s “Clean Energy...
Married to Mendacity:...
Bryce v. Pickens Toni...
Robert Bryce Talks Wi...
China And The “Denier...
Obama’s “Clean Energy...
Corn and Coal: The Co...
US Biodiesel: The Nev...
12 Facts about Global...
Posted on Feb. 13, 2008

Medvedev Should Move Beyond Autocracy

Although Russia’s economy saw strong growth over the past eight years, it would have done even better with a more democratic government.

Dmitry Medvedev photo by Kmitry Astakhov: AP

In December, Vladimir Putin ended the mystery about his successor. He anointed Deputy Prime Minister Dmitry Medvedev as his preferred candidate for the presidential election scheduled for March 2, when Putin’s term ends. Not surprisingly, candidate Medvedev has pledged to continue Putin’s policies, and suggested that Putin should become prime minister to ensure his continued involvement in ruling Russia.

For most Russians, Medvedev’s commitment to continuity is good, since the vast majority give Putin high marks for restoring the Russian state and jumpstarting its economy. According to the conventional narrative, in the 1990s under Boris Yeltsin, post-Soviet Russia’s ?rst president, the state did not govern, the economy shrank, and the populace suffered. Since 2000, under Putin, order has returned, the economy has ?ourished, and the average Russian’s standard of living is better than ever before. As political freedom has decreased, economic growth has increased. Putin may have rolled back democratic gains, the story goes, but these were necessary sacri?ces on the altar of stability and growth.

This narrative has a powerful simplicity. Medvedev undoubtedly put many minds at ease by indicating that he wants Putin actively involved in ruling Russia for the foreseeable future. And authoritarians elsewhere (as well as those who invest in countries ruled by autocrats) have held up Putin’s popularity and accomplishments as proof that market-friendly autocracy has a bright future.

But this conventional narrative is wrong and based almost entirely on a spurious correlation. The emergence of Russian democracy in the 1990s did indeed coincide with state breakdown and economic decline, but it did not cause either. The transformation of Russia’s command economy into a market economy produced a temporary decline in economic growth similar to every economy in the post-communist region. Some countries such as Poland recovered faster than Russia, but those fastest democratizers were also the ones that introduced economic reforms most rapidly and then recovered the quickest. At times, Russia’s troubled transition from communism to democracy exacerbated economic problems, but these would have occurred in Russia after the collapse of the Soviet command economy, regardless of whether under democracy or dictatorship.

The reemergence of Russian autocracy under Putin has coincided with tremendous economic growth, but it has not caused that growth. If anything, Putin’s autocratic turn has reduced the gains that would have been seen had democracy survived.

Few question that Russia’s political system is now more autocratic than it was in the previous decade. Putin has tamed or seized control of independent media with a national reach, focusing especially on national television networks. His reforms for constituting the Federal Council – Russia’s closest equivalent to the U.S. Senate – have made this once powerful political actor a rubber stamp for Kremlin actions. The same is true for Russia’s lower house, the State Duma, now dominated by Putin’s United Russia and other parties loyal to the Kremlin. Putin has also dramatically reduced regional governments’ autonomy, first by establishing seven supra-regional districts headed primarily by former generals and K.G.B. officers to reign in local government officials. Then in September 2004, he abolished direct elections for governors and instead made these regional executives Kremlin appointees. Putin even decided that non-governmental organizations could pose a threat to his power, so he promulgated a law that provides the state numerous means to harass, weaken, and even close down organizations considered too political.

Defenders of Putin’s autocratic ways claim that economic growth has been autocracy’s outcome – a trade-off most Russians are willing to take. However, the causal relationship between increasing autocracy and economic growth is difficult if not impossible to trace.

Economic growth has averaged an impressive 6.7 percent during Putin’s tenure. The last eight years have seen budget surpluses, the eradication of foreign debt, the accumulation of massive hard-currency reserves, and modest in?ation (at least until this year). Since 2000, disposable income has increased by over 10 percent a year, consumer spending has skyrocketed, unemployment fell to 6 percent in 2006, from 12 in 1999, and according to one measure, poverty declined to 14 percent in 2006, from 41 in 1999. Russians are richer today than ever before.

But it is crucial to compare Russia’s economic recovery with the rest of the post-communist world. Rapid and deep economic decline followed communism’s collapse in every country throughout the region. Given the dire conditions they started with, every post-communist government (including Russia’s) was compelled to pursue some degree of price and trade liberalization, macroeconomic stabilization, and eventually, privatization. During this transition, the entire region experienced economic recession and then began to recover several years after the adoption of reforms. Russia’s economy followed this same general trajectory – and would have under dictatorship or democracy. Russia’s real economic turnaround came after a financial meltdown in August 1998, which finally forced the government to pursue prudent fiscal policies and a more rational exchange rate policy, including a major devaluation. As a result of these painful but necessary reforms (ironically, carried out by a left-of-center government headed by Evgeny Primakov), Russia’s economy finally began to grow a year before Putin came to power.

As president, Putin did implement important tax reforms, including a 13 percent flat income tax, a reduced corporate tax, and a stabilization fund to insure that windfall revenues from oil and gas exports would not trigger increased government spending and inflation. But Putin’s real impact on Russian economic growth was simply being in the right place at the right time. Putin especially benefited from rising world oil and gas prices, which began to soar the year he became prime minister. Of course, increasing authoritarianism inside Russia did not cause these rising energy prices. The causality may well run in the opposite direction: increased energy revenues have underwritten the return to autocracy.

If there is any causal relationship between authoritarianism and economic growth in Russia, then it is negative. Russia’s more autocratic system in the last several years has produced more corruption and less-secure property rights. Asset transfers have transformed a thriving private energy sector into one that is effectively state-dominated and less efficient. Re-nationalization has destroyed value in Russia’s most pro?table companies, and slowed both foreign and domestic investment.

Perhaps the most telling evidence that Putin’s autocracy has hurt rather than helped Russia’s economy is provided by regional comparisons. Between 1999 and 2006, in terms of average growth, Russia ranked 9th of the 15 post-Soviet countries. Similarly, investment in Russia (at 18 percent of G.D.P.), although stronger than ever before, is well below the average for democracies in the region, like Poland and Estonia.

Comparing Russia with Ukraine underscores the autocracy fallacy. Russia and Ukraine share hundreds of years of culture and history, and both endured the hardships of the 1990s. But there are two big differences between them today: Russia has oil and gas, and Ukraine does not; Russia is an autocracy, Ukraine is not. Yet democratic Ukraine has managed annual growth rates higher than autocratic Russia’s, despite having to pay dearly for higher energy prices rather than reaping their profits. So why was the erosion of democracy necessary for economic growth? How did taking control of Russia’s independent TV stations help to balance the budget? How did arresting Garry Kasparov last December foster investment?

One can only wonder how much faster Russia would have grown with a more democratic system. Strengthening the institutions of accountability – a real opposition party, a genuinely independent media, a court system not beholden to Kremlin control – would have helped to tame corruption and secure property rights, thereby encouraging more investment and growth.

To sustain growth and rebuild the Russian state over the long haul, Medvedev needs to be selective about which Putin-era policies he continues and which he changes. Above all, he must move past Putin’s autocratic legacy rather than emulate it.

Michael McFaul is a Hoover Fellow, a professor of political science, and director of the Center on Democracy, Development, and the Rule of Law (CDDRL) at Stanford University. Kathryn Stoner-Weiss is a senior research scholar and associate director at CDDRL. This article is based on a longer essay in the January/February 2008 issue of Foreign Affairs.

Stumble It!
Back Home   Back to Top
Related Articles
Add a Comment:
You must be a member to post comments. Please click here to sign up  
 
Article Comments:
sibersahnecom
Posted: 12/29/2009 04:50 AM by siber sahne

sibersahne.com - chat sohbet mirc sohbet odalari

Site Açiklamasi : SiberSahne Mirc script sohbet programi sayesinde binlerce kisi ile ayni anda chat yapma imkanini sunan resmi muhabbet odalari sitesi.

Site Anahtar Kelimeleri : chat, chat sohbet, chat odalari, çhat, sohbet, sohbet sitesi, sohbet chat, sohbet odalari, mirc, mirc sohbet, mirc chat, muhabbet, mirc, mirç, mirç

Site Haritasi :Google Site Map

blog

chat kanallari

sohbet kanallari

chat

mirc indir

kelebek

papatya

türkçe mirc

sohbete baglan

sitene sohbet ekle

En Çok Arananlar :

bedava chat

kamerali chat

islami chat

english chat

yabanci chat

sesli chat

kelebek chat

mynet sohbet

islami sohbet

sohbet odalari

dini sohbet

sohbetci

sesli sohbet

muhabbet sarkici

muhabbet video

muhabbet mp3

muhabbet youtube

muhabbet hasretinden

cetin cetinkaya

mirc zurna

mirc sohbet

kamerali mirc chat kanallari

chat siteleri

chat kanali sohbet kanali sohbet kanallari sohbet siteleri

kelebek mirc

chat

sohbet mirc sohbet mirc sohbet odalari Kelebek , Kelebek indir , Kelebek Yükle , Kelebek , Kelebek sohbet , Kelebek chat , Kelebek mirc , Kelebek script , Kelebek çet , Kelebek indir , Kelebek final , chat , mirc , sohbet , muhabbet , çet , mirc indir , papatya , blog - Kelebek - Kelebek indir - Kelebek final - Kelebek final indir - Kelebek indir - Kelebek , Kelebek indir, Kelebek , Kelebek final , Kelebek final indir sohbet odalari

mirc indir

mircindir

mirç indir

mirc indir

mirç indir

mirc inndir

bedava mirc

ücretsiz mirc papatya chat

papatya script

papatya mirc

papatya sohbet

papatya çet

papatya indir

papatya v2 sitene ekle sohbet odalari sohbet script sohbet Kelebek - Kelebek yükle - Kelebek mirc yükle - Kelebek script yükle

papatya v3

papatya v4

papatya v5

papatya v6

papatya online

muhabbet

mirc

sohbet odalari

çhat

mirc chat

sohbet chat

chat sohbet

mirç

mirç

mirc

chat odalari

mirc odalari hakkarim

Bilgi ! Eger Google tarafindan sitemize giris yaptiysaniz ve sitemizde chat, sohbet, muhabbet ve mirc gibi hizmeti bulamadiysaniz chat , sohbet , muhabbet ve mirc linklerine tikliyarak tekrardan Google aramalarina dönebilirsiniz. Sitemizde eger aradiginiz bir seyi bulamadiysaniz www.sibersahne.com - Google'da Ara linklerini kullanarak dahada kolay arama yapabilirsiniz.

Powered by 2008 - 2009 Sibersahne.com

 
 
  
 
Corn and Coal: The Cornerstones of Obama...
By Robert Bryce 
Feb. 5 2010, 5:47 EST
US Biodiesel: The Never-ending Subsidy S...
By Russ Finley  
Feb. 3 2010, 4:17 EST
China And The “Deniers”: Why Climate Cha...
By Michael Economides, ET editor in chief, and Xina Xie, ET China correspondent 
Feb. 2 2010, 11:41 EST
Obama’s “Clean Energy” Pandering: His St...
By Robert Bryce 
Jan. 29 2010, 4:10 EST
Married to Mendacity: Growth Energy Cont...
By Robert Bryce 
Jan. 27 2010, 4:27 EST
Chinese Coal Prices Soar, Power Producer...
By Xina Xie 
Jan. 25 2010, 11:43 EST
White House Needs New Look At Energy
By Michael J. Economides, Editor-in-Chief 
Jan. 22 2010, 12:49 EST
Bryce v. Pickens Tonight on Fox Business...
By Robert Bryce 
Jan. 21 2010, 2:36 EST
America’s Future Auto Fleet: Electric Ca...
By G. Allen Brooks 
Jan. 20 2010, 12:30 EST
2009 US Petroleum Trends
By Geoffrey Styles  
Jan. 19 2010, 12:50 EST
Robert Bryce Talks With Author Mark West...
By Robert Bryce 
Jan. 15 2010, 10:38 EST
China Pushes for Coal Gasification
By Xina Xie  
Jan. 14 2010, 12:01 EST
CLOSE
MORE
US Coal Industry Balks at Proposal for H...
By Steel Guru 
Feb. 8 2010, 12:59 EST
BP Shareholders Protest Canadian Oil San...
By Fred Pals 
Feb. 8 2010, 12:51 EST
US Seeks Access to Nuclear Program of Pa...
By The News 
Feb. 8 2010, 12:49 EST
Ukraine Says No Gas War with Russia
By RIA Novosti 
Feb. 8 2010, 12:45 EST
Iran Discovers New Oil, Gas Fields
By Tehran Times 
Feb. 8 2010, 12:25 EST
Arctic Sea Ice Vanishing Faster Than Mod...
By Bruce Owen 
Feb. 8 2010, 12:16 EST
Fear and Farce of Climate Change Science
By Eric Reguly  
Feb. 8 2010, 12:07 EST
Beyond the Black Stuff: Big Oil is Being...
The Economist 
Feb. 5 2010, 11:37 EST
Energy Flow, Emergent Complexity, and Co...
By George Mobus 
Feb. 5 2010, 11:27 EST
High Hopes for Clean Energy Jobs
By Rebecca Smith 
Feb. 5 2010, 11:22 EST
Improved Lithium Ion Batteries
By Adam Frucci 
Feb. 5 2010, 11:09 EST
Shell to Sell Oil Leases in Nigeria
By Elisha Bala Gbogbo 
Feb. 5 2010, 11:02 EST
CLOSE
MORE
Home Owners in Barnett Shale Lease Dilem...
By Jack Smith 
Feb. 8 2010, 12:19 EST
5 Dead in Gas Plant Explosion
By Michelle McLaughlin 
Feb. 8 2010, 12:10 EST
Gas Sites Spur Air Worries
By Ben Casselman 
Feb. 5 2010, 11:39 EST
Oil, Gas Output Rise in Colorado
By KRDO 
Feb. 5 2010, 11:20 EST
Comparison of US Plans to Cap Carbon
By Timothy Gardner 
Feb. 5 2010, 11:12 EST
Fed Doubts Energy States will Recover Fi...
By Stephen C. Fehr 
Feb. 5 2010, 10:50 EST
Congress Ups Debt Limit, Then Votes to C...
By David Lightman 
Feb. 5 2010, 10:41 EST
EPA’s New Biofuel Rules
By Geoffrey Styles 
Feb. 4 2010, 4:40 EST
Obama Touts His Alternative Fuels Plan
By John Broder 
Feb. 4 2010, 10:49 EST
Argentina Protests Over Oil Prospecting
By Sunday Morning Herald 
Feb. 3 2010, 11:25 EST
Oil and Trucking Industries Challenge Ca...
By Dale Kasler 
Feb. 3 2010, 11:12 EST
We Can’t Fight Two Wars at Once
By Alex Spillius 
Feb. 3 2010, 10:50 EST
CLOSE
MORE
Italy’s Nuclear Plans At Risk
By Israel Rafalovich, ET Roving European Correspondent 
Feb. 4 2010, 5:48 EST
U.K. Eyes Energy Reforms
By Selina Williams 
Feb. 3 2010, 11:19 EST
BP Profits Slide on US Refineries
By Robin Pagnamenta 
Feb. 3 2010, 11:03 EST
Jordan Wants Nuclear Power, Signs Agreem...
By Israel Rafalovich, ET Roving European Correspondent 
Feb. 2 2010, 1:15 EST
Demand for Natural Gas to Rise
By The Peninsula 
Feb. 2 2010, 11:27 EST
Gazprom to Extend Polish Contract on Eur...
By Tehran Times 
Feb. 1 2010, 11:56 EST
BP Chief Hails American Breakthrough in ...
By Terry Macalister  
Jan. 29 2010, 11:29 EST
Karzai: UK Troops Needed for 15 Years
By Ben Farmer 
Jan. 28 2010, 10:56 EST
Science Chief Calls for Honesty on Clima...
By Ben Webster 
Jan. 27 2010, 10:55 EST
European Offshore Wind Capacity up to 57...
By New Energy Focus 
Jan. 19 2010, 10:41 EST
Preserve Coal Plants to Keep Lights On
By Tim Webb 
Jan. 19 2010, 10:35 EST
France Cuts, Germany Debates Solar
By UPI 
Jan. 15 2010, 11:14 EST
CLOSE
MORE
Russia, Venezuela Step Up Oil Cooperatio...
By Mu Xuequan 
Feb. 1 2010, 11:28 EST
Belarus, Russia End Oil Supply Row
By Jacob Gronholt Pedersen 
Jan. 28 2010, 11:12 EST
Gazprom to Increase Gas Supplies to Euro...
By RIA Novosti 
Jan. 27 2010, 11:08 EST
BP Offers Technology, Expertise to Devel...
By RIA Novosti 
Jan. 22 2010, 2:06 EST
Poland to Deploy U.S. Missiles Near Russ...
By Judy Dempsey 
Jan. 22 2010, 12:46 EST
Ukraine Should Join Nord Stream Gas Proj...
By RIA Novosti 
Jan. 19 2010, 10:50 EST
U.S. Dethroning Russia as Gas King
By Anatoly Medetsky 
Jan. 14 2010, 10:57 EST
Turkey Approves Russian Gas Pipeline
By CCTV 
Jan. 14 2010, 10:53 EST
Turkmenistan Resumes Gas Supplies to Ru...
By China View 
Jan. 11 2010, 2:15 EST
Russia, Belarus End Oil Supply Talks Wit...
By China View 
Jan. 11 2010, 2:11 EST
Venezuela, Russia May Develop More Orino...
By Jose Orozco 
Jan. 4 2010, 10:46 EST
Russian Seaborne Crude Oil Exports Sched...
By Alexander Kwiatkowski 
Dec. 30 2009, 10:59 EST
CLOSE
MORE
Gas Transfer to Europe Key in Turkey, Ir...
By Today’s Zaman 
Feb. 8 2010, 12:55 EST
Iran, Pakistan to Ink Gas Deal in Turkey
By Tehran Times 
Feb. 8 2010, 12:42 EST
Iraqi Officials Lament Failure To Refine...
By Radio Free Europe 
Feb. 4 2010, 11:50 EST
Gas Transfer to Europe Key in Turkey, Ir...
By Today’s Zaman 
Feb. 4 2010, 11:44 EST
Afghan Fight is Coming
By Rod Nordland 
Feb. 4 2010, 11:18 EST
Oil Majors Move in on Iraq
By Oil Voice 
Feb. 4 2010, 11:12 EST
Dubai Discovers New Oil Field
By Adam Schreck 
Feb. 4 2010, 10:53 EST
Oil Demand Recovery Underway
By Trading Room 
Feb. 2 2010, 11:25 EST
Saudis Want Taliban to Expel Bin Laden
By Abdullah Al Shihri 
Feb. 2 2010, 11:01 EST
Iran Plans To End Energy Subsidies
By Andres Cala, European correspondent 
Feb. 1 2010, 12:36 EST
Bulgaria and Turkey Agree on Natural Gas...
By Reuters 
Feb. 1 2010, 11:54 EST
Lukoil to Develop Iraq Supergiant Oil Fi...
By Peoples Daily 
Feb. 1 2010, 11:44 EST
CLOSE
MORE
China may Renew Record for Crude Oil Imp...
By China Post 
Feb. 5 2010, 10:57 EST
China’s Oil Giants to Develop Iraq Oil F...
By People’s Daily 
Jan. 28 2010, 11:21 EST
As China Rises, Conflict With West Rises...
By Katrin Benhold 
Jan. 27 2010, 10:31 EST
China’s Oil Imports Continued Upward Cli...
Michael J. Economides, editor-in-chief, and Xina Xie, China editor 
Jan. 26 2010, 10:41 EST
Sino-Kazak Pipeline Transports 20 mln to...
By Istock Analyst 
Jan. 25 2010, 11:14 EST
China’s Economy is Soaring
By Zhou Xin and Chris Buckley 
Jan. 21 2010, 10:53 EST
China’s US Purchases Up 300% in 2009
By Vincent Fernando 
Jan. 19 2010, 10:16 EST
China Completes 1st Phase of Oil Reserve...
By China Daily 
Jan. 18 2010, 10:57 EST
China Will Drive Future Car Demand
By NPR 
Jan. 12 2010, 10:21 EST
Cold Snap Triggers Power Shortage in Chi...
By AFP 
Jan. 11 2010, 2:36 EST
Oil Falls on Concern Investment May Slow...
By Ann Koh 
Jan. 8 2010, 11:33 EST
Cold Snap Spurs Power Rationing in China
By Chris Buckley 
Jan. 6 2010, 3:47 EST
CLOSE
MORE
Chevron Finds Natural Gas Off Australia
By Anna Driver 
Jan. 27 2010, 11:11 EST
Another Gorgon Deal to Supply LNG
By ABC News 
Jan. 8 2010, 11:42 EST
Australian $90 Billion Gas Megadeal with...
By Felicity Williams 
Jan. 7 2010, 2:22 EST
Chevron Finds More Gas Off Western Austr...
By The Sunday Morning Herald 
Dec. 15 2009, 10:32 EST
New Zealand on Verge of Oil Boom
By Oil Voice 
Nov. 24 2009, 4:01 EST
Apache, Kuwait Join Chevron In Wheatston...
By Angel Gonzalez 
Oct. 23 2009, 11:45 EST
Chevron Pushes Forward On Gorgon
By Geoffrey Styles  
Sep. 21 2009, 10:08 EST
The Ghost Fleet of the Recession
By Simon Parry 
Sep. 14 2009, 11:52 EST
Australian Parliament Rejects Carbon Tra...
By Reuters Staff 
Aug. 13 2009, 10:43 EST
North Korea ''Test Fires Missiles''
By BBC Staff 
Jul. 2 2009, 11:14 EST
North Koreans Condemn U.S. and Sanctions...
By CHOE SANG-HUN 
Jun. 26 2009, 12:36 EST
Wind Turbines Killing Sleep Deprived Goa...
By Telegraph Staff 
May. 22 2009, 11:08 EST
CLOSE
MORE
India Suggests Deregulating Gasoline, Di...
By Sunil Raghu 
Feb. 3 2010, 11:23 EST
African Oil Fields on India Radar
By The Financial Express 
Dec. 9 2009, 4:35 EST
Bangladesh to Revive Debate Over Myanmar...
By Pipelines International 
Nov. 13 2009, 11:46 EST
RIL Discovers Oil in Cambay Basin
By Business Standard 
Nov. 10 2009, 2:38 EST
India, Scotland Join Hands On Renewable ...
By EE Times India 
Oct. 16 2009, 11:48 EST
Indian Subcontinent Weighs Nuclear
By Priyanka Bhardwaj and Michael J. Economides 
Oct. 8 2009, 11:59 EST
Cameco Upbeat on Canada-India Nuclear De...
By Cameron French 
Oct. 2 2009, 12:13 EST
Reliance Natural Seeks Dismissal of Gove...
By P.S. Patnaik and Gaurav Singh 
Sep. 18 2009, 11:05 EST
Tangguh Plant To Ship Less LNG
By The Jarkata Post 
Sep. 4 2009, 12:05 EST
Repsol Natural Gas Lot Production To Sta...
By Reuters 
Aug. 28 2009, 11:52 EST
India’s Coal Needs Fuel Overseas Push
By Priyanka Bhardwaj 
May. 28 2009, 4:25 EST
India Chooses Coal, Not Kyoto
By Priyanka Bhardwaj and Robert Bryce 
May. 11 2009, 12:39 EST
CLOSE
MORE
India Draws Strategy in African Oil Asse...
By The Hindu 
Feb. 8 2010, 12:40 EST
Nigerian Militants Claim Attack on Pipel...
By Seattle Times 
Feb. 8 2010, 12:13 EST
Angola Oil Pipeline Attacked, by Swordfi...
By Matthew Clark 
Feb. 4 2010, 12:29 EST
Nigeria’s Oil Pipeline Sabotaged
By BBC 
Feb. 1 2010, 11:05 EST
Nigerian Militants Call off Oil Truce
By Scott Baldauf 
Feb. 1 2010, 11:02 EST
Nigeria, UAE Supplies put OPEC Crude Pro...
By Iheanyi Nwachukwu  
Jan. 27 2010, 11:05 EST
Nigeria Hopes to Fulfill Oil Contracts S...
By Reuters 
Jan. 26 2010, 12:05 EST
Uganda to Block British Oil Bid
By AFP 
Jan. 22 2010, 2:00 EST
Two Million Nigerian Vehicles to Run on ...
By Guardian Newspapers 
Jan. 20 2010, 11:36 EST
Pirates Free Oil Tanker After Record Ran...
By Abdi Guled and Abdi Sheikh 
Jan. 19 2010, 10:14 EST
Dana Gas Finds Oil in Egypt
By Ed Attwood 
Jan. 12 2010, 10:45 EST
Sudan Seeks to Buy Natural Gas from Egyp...
By Sudan Tribune 
Jan. 11 2010, 2:27 EST
CLOSE
MORE
Iran Plans 10 New Enrichment Plants
By Washington Post 
Feb. 8 2010, 12:02 EST
Obama’s Nuclear Power Policy
By Mark Clayton 
Feb. 5 2010, 11:16 EST
Iran Accepts West’s Nuclear Deal
By BBC 
Feb. 3 2010, 11:09 EST
Iran Urges Islamic States to Possess Nuc...
By People’s Daily 
Feb. 2 2010, 11:44 EST
US, Russia Near Deal on Nuclear Weapons
By Jonathan S. Landay 
Feb. 2 2010, 11:06 EST
Italy Seeks Arab Role on Nuclear Row
By The International News 
Jan. 26 2010, 12:21 EST
Russia Warns Against Rushing to Iran San...
By Reuters 
Jan. 22 2010, 12:27 EST
U.S., Russia Never so Close on Iran Nucl...
By Mu Xuequan 
Jan. 21 2010, 11:20 EST
India, Hungary Hold Talks on Civil Nucle...
By Sachin Parashar 
Jan. 20 2010, 11:44 EST
Iran Rejects Nuclear Fuel Deal
By BBC 
Jan. 20 2010, 11:09 EST
German Minister Tough in Nuclear Talks
By Reuters 
Jan. 18 2010, 11:26 EST
Ahmadinejad Hails Iran’s Nuclear Progres...
By RIA Novosti 
Jan. 15 2010, 11:24 EST
CLOSE
MORE
Dow Jones -103.84 -1.04 9,908.39
S&P 500 -9.45 -0.89 1,056.74
NASDAQ -14.85 -0.69 2,126.27
As of 02/08/2010 04:00 PM  
Energy Tribune -0.23 -0.24 98.75
Integrated -2.31 -1.63 139.32
Operations -0.26 -0.22 117.95
Services & Equipment -1.93 -1.08 177.01
Coal -9.67 -2.87 327.57
As of 02/08/2010 04:00 PM  
WH Clean Energy -0.68 -1.61 41.22
WH Progressive Energy -0.38 -0.55 69.13
As of 02/08/2010 04:00 PM  
Bid to Develop Oil Sector in Libya G...
Feb. 8 2010, 1:05 EST
[Read More]
Japanese firm to delay start of Egyp...
Feb. 8 2010, 1:04 EST
[Read More]
Wintry Weather Drives Energy Prices ...
Feb. 8 2010, 1:04 EST
[Read More]
Arab states may become solar energy ...
Feb. 8 2010, 1:02 EST
[Read More]
US average gasoline price in four we...
Feb. 8 2010, 1:01 EST
[Read More]
Indonesia considering slowdown in co...
Feb. 8 2010, 1:00 EST
[Read More]
China to increase LNG import
Feb. 8 2010, 12:43 EST
[Read More]
Cnooc Falls After Report of Possible...
Feb. 8 2010, 12:22 EST
[Read More]
Climategate Scientist Considered Sui...
Feb. 8 2010, 12:14 EST
[Read More]
[ click here ]
Home | Subscribe | Articles | Commentary | Stocks | Faq | About Us | Contact Us | Subscribers Only | RSS | All News
Advertise With Us