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| | ::::In the early 1980s, oil was one-third of Soviet exports. That's lower than I thought, but certainly quite significant. [[User:PeterKa|PeterKa]] ([[User talk:PeterKa|talk]]) 09:52, July 11, 2023 (EDT) | | ::::In the early 1980s, oil was one-third of Soviet exports. That's lower than I thought, but certainly quite significant. [[User:PeterKa|PeterKa]] ([[User talk:PeterKa|talk]]) 09:52, July 11, 2023 (EDT) |
| | :::::That was to Comecon states (Eastern bloc or 'iron curtain' countries). The [https://valdaiclub.com/a/highlights/russia_and_the_imf_thoughts_prompted_by_an_important_anniversary_dbf/ USSR was never a member] of the [[WTO]] of [[IMF]]. The one-third figure is suspect, given Soviet official records were all faked. | | :::::That was to Comecon states (Eastern bloc or 'iron curtain' countries). The [https://valdaiclub.com/a/highlights/russia_and_the_imf_thoughts_prompted_by_an_important_anniversary_dbf/ USSR was never a member] of the [[WTO]] of [[IMF]]. The one-third figure is suspect, given Soviet official records were all faked. |
| − | :::::The principal recipients of Russian oil were East Germany, Poland, Hungary, and Cuba, mostly sold at a loss. [[User:RobSmith|RobS]]<sup>[[User talk:RobSmith|''Give Peace a chance'']]</sup> 13:06, July 11, 2023 (EDT) | + | :::::The principal recipients of Russian oil were East Germany, Poland, Hungary, and Cuba, mostly sold at a loss. There wasn't widespread vehicle ownership in these countries. |
| | + | :::::One needs to look at the volume of oil production, not just export. The Soviet oil industry was drilling with 1930s technology, and lacked modern technological upgrades. The Soviets didn't even know the size of its reserves; it wasn't until after the collapse of the USSR that oil prospectors could enter Russia and assess. With the discovery of North Slope oil in Alaska in the 1970s it was speculated that the USSR might have vast reserves on its Arctic shoreline, and was only confirmed decades later. [[User:RobSmith|RobS]]<sup>[[User talk:RobSmith|''Give Peace a chance'']]</sup> 13:06, July 11, 2023 (EDT) |
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| | =="Ukraine ‘deserves’ NATO membership, Turkey’s Erdogan says"== | | =="Ukraine ‘deserves’ NATO membership, Turkey’s Erdogan says"== |