The world community is watching a price drop at the market of energy resources. The situation is most complicated for countries, the budget of which initially counted on high earnings from oil.
One can say for certain that most dependent on oil profits are countries that export the energy carrier to the world market in big volumes. Such countries often show slipping to dictatorial forms of government. When they switch to dictatorship, these countries can no longer restrain growth of oil recovery in neighboring countries.
Present period of low prices for petroleum is a real ordeal for Organization of Petroleum Exporting Countries. Cartel of OPEC has not only to survive the period of cheap petroleum, but also save modern world from the ballast of useless oil dictatorships. Besides, the organization has to find a new way for limiting new, undesirable regions of oil recovery.
Kiev often considers drop of oil price as one of factors, how the global community can put pressure on official Moscow. Ukrainian politicians are certain that price tendencies at oil market continue the policy of sanctions, realized by global community. Nevertheless, centrally approved sanctions are not in any way connected with different by its nature drop of oil price.
Help to Kyiv is Implicit
Americans and Europeans are not directly related to price drop, which has had a particularly negative impact on countries that are used to surplus profit. Economic development forms request for buying energy carriers, which is one of the basic points for modern countries. For this reason Brussels and Washington are interested in lowering the cost of barrels to a certain level.
An optimal level should not impose threat to life-sustaining activity and profitability of oil-and-gas corporations in the USA and European Union. These companies have rather high capability of survival and competition. Consequently, politicians are interested in prosperity of their countries, but they do not have direct methods of interference in economy to preserve these interests.
There exist concrete steps, which help Washington and Brussels to put pressure on the world’s oil prices. First of all, this concerns national policy of the USA on formation of oil reserves. At the same time, certain measures are realized in the framework of antimonopoly and regulator policy of the European Union; these measures impact transportation and processing of energy carriers.
Besides, liberalization of hydrocarbon export can also be included in the list of such steps. Some American politicians take part in solving matters, connected with oil pipeline Keystone XP. This pipeline was designed to form a big chain system of oil delivery and increase export of the energy carrier by American and Canadian producers. If America returns to the list of large exporters of petroleum, official Moscow will not like it.
In Russia a dominant position is taken by anti-American doctrine. The world’s media often considers this policy as a product exclusively for internal consumption. To all appearances, Russian government uses this policy to pay off for mistakes made in 2008-2013 – the power failed to notice supposition to price drop and at a certain point agreed to return the policy of anti-Americanism.
Dictatorships are Vulnerable, “Stabbing in the Back” may Come from anywhere.
At this point Kremlin explains drop of oil price by confrontation between Saudi Arabians and Americans; Moscow also traditionally accuses OPEC cartel. Various Explanation enter Russian information space rather actively; many of them name tendencies at the market of energy carriers a demonstration of US economic aggression. When solving other issues, Moscow does not give enough attention to the second tendency. These days the period of artificial deterrence in development of oil and gas recovery is coming to an end.
Hugo Chavez has failed to suppress oil recovery in Brazil and Columbia, even near-border conflicts have had no influence on plans of neighboring countries. Libyan dictator Muammar Gaddafi has proved powerless before development of oil recovery in Sudan, Chad, and Central African Republic. Attempts have not brought the expected results, even military intervention in Chad Republic has not prevented the countries from becoming the largest exporters of petroleum.
Besides missing the start of oil price drop, Russian leaders have made one more mistake. At the beginning of 2000s official Moscow tried, but failed to make life in Azerbaijan and Kazakhstan more difficult. The countries have soon accumulated oil recovery. Deposits amounting to over 12 trillion tons of oil have been discovered on the territory of Kazakhstan, and Azerbaijanians have to recover 4 trillion tons of the energy carrier.
