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Did Soviet production really peak, or was it more the case that Soviet investment (in exploration, and in distribution) was horribly lagging and by the late '80's, exacerbated by relatively low commodity prices, oil revenues began to really suffer?

That 2nd cold war imposed on Russia, following the long entente period, was very costly to the Soviet Union, impacting investment in everything else.

The Hun is always either at your throat or at your feet. Winston Churchill

by r------ on Thu Jan 11th, 2007 at 04:00:56 PM EST
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