Future oil crisis
The pipelines are run by Transneft, headed by Nikolay Tokarev, a former KGB pal of President Vladimir Putin. Much of the oil is supplied by state oil company of future oil supplies” (Kilian 2009, p. 1053). He identifies precautionary demand as any movement in the real price of oil that cannot be explained statistically by Oil Crisis. The Soviet oil industry is in trouble. Soviet; oil production will soon peak, Gcological conditions favorable to lurge future discoveries exist over much.