Patriot Energy Corporation (PGYC)

[Darth Trader]

This is an interesting outlook, but its from 2007. The problem is, the EU, Asia and the US are not aligned with Russian or former CIS nations on how the power will play in all this. Russia took full advantage of the energy boom and then busted the western banks! See Sakhalin II and see TNK-BP. Then read how Exxon is (now) having troubles with the Russian Government and the Japanese and the Dutch literally got burned....

I think it will be a slow road to recovery for Russia. They burned bridges. Take your pick in any industry:

-Oil & Gas (Sak II, TNK-BP, Shtockman)
-Airlines (Boeing out as the major to rebuild the Russian Airlines Fleet)
-Auto INdustry & Ford (now fully Unionized in St Petersberg and with wages going (way) up, probably will move to the Ukraine AND with the Tax Putin put on the foriegn auto industry....
-Banking.....wetern banks all but closed down with "interest restrictions."

Cheers,