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          Petroleum Economist Energy Report - 25 March 2008 Issue

          WEB EXTRA

          Regional review

          Russia: more investment needed

          While the world has been fretting about oil prices near $100 a barrel, what it should really be worried about is gas. Europe today and the US in the future are moving towards a staggering dependence on imported natural gas. By Nadejda Victor, Program on Energy and Sustainable Development, Stanford University

          Russia

          Keeping the Putin ship steady

          Will Dmitry Medvedev's ascendancy to the Russian presidency mark a shift in the country's energy policy? Derek Brower reports

          More of the same

          Oil prices have this week eased by some $10 a barrel from last week's highs around the $110/b level, but appear to have found solid support at $100/b. And there is a greater chance of a move to the upside than to the downside.

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